Asian shares climbed this morning on renewed hopes for US-Iran negotiations. Optimism over potential talks to reopen the Strait of Hormuz lifted regional indexes despite oil holding above $100. SoftBank and Japanese chip equipment makers led gains as traders positioned for crisis resolution.
Oil prices soared back above $100 per barrel as ceasefire hopes faded. North Sea crude hit record highs with Hormuz remaining closed. FT reported commodity traders lost billions in early war days caught out by sudden energy spikes. The supply shock left lasting scars on Wall Street per investor warnings.
Hollywood creators urged regulators to block the PSKY Paramount-WBD Warner Bros deal. The merger drew immediate pushback as content producers flagged consolidation concerns. NFLX Netflix appeared in related coverage as streaming competition intensified.
BAC Bank of America and Charles Schwab report Wednesday as financial earnings wave peaks. Netflix delivers results Wednesday afternoon during subscriber growth season. Regional banks face margin scrutiny while energy volatility clouds outlook.
Short sellers tripled bets on WIX Wix as SI exploded from 12.6% to 22.7% overnight. The website builder absorbed the most violent short attack among billion-dollar names in seven days. Bears piled into FOUR Shift4 Payments holding 36.2% SI despite 48% analyst upside.
Carson Block declared a new dawn for short sellers. The Muddy Waters founder sees AI disruption giving bears wind at their backs as technology upends markets. UK retail investors shunned falling stocks during crucial ISA season amid geopolitical pessimism.
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.
