Oil prices soared above $100 as tensions over the Strait of Hormuz escalated. North Sea crude hit record highs while commodity traders lost billions caught off guard by the sudden energy price surge. FT reported Washington-Tehran ceasefire efforts failed to stem the global energy crunch.
Carson Block sees new opportunities for short sellers amid AI disruption. The Muddy Waters founder told markets that bets against US stocks will have wind at their backs as technology upends traditional business models. ONCO Onconetix SI exploded 66 points to 119% leading biotech bear raids. ELAB PMGC Holdings added 55 points reaching 98% SI.
JNJ Johnson & Johnson reports today opening bank-heavy earnings week. BAC Bank of America delivers Q1 results tomorrow amid oil chaos and geopolitical concerns. NFLX Netflix headlines Wednesday afternoon as the streaming leader enters results season.
VRT Vertiv Holdings consensus target jumped to $279 showing fresh analyst conviction in data center infrastructure. ETN Eaton target rose to $411 as electrical equipment demand stayed resilient. Industrials grabbed analyst favor while tech faced mixed signals.
Asian markets traded lower as investors assessed Trump's hardened Iran war rhetoric. Dollar held firm on haven demand. UK retail investors shunned falling stock markets during crucial Isa buying season amid geopolitical pessimism.
COTY Coty faces securities class action amid CEO departure and withdrawn guidance. Cybersecurity names CRWD CrowdStrike and NET Cloudflare gained attention following Anthropic's Mythos AI security concerns.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
