US equities fell sharply on Friday, extending weekly declines as investors reacted to weaker-than-expected labour market data and another surge in oil prices linked to the escalating conflict between the United States and Iran. The Dow Jones Industrial Average dropped 903 points, or 1.9%. The S&P 500 declined 1.6%, while the Nasdaq Composite also fell
European shares sank to one-month lows on Tuesday as a deepening global equities rout gathered momentum. Investors were rattled by the prospect of a prolonged Middle East conflict and a renewed surge in oil prices that could reignite inflation across the region. The pan-European STOXX 600 index fell 3.26%, leaving it on course for its
US stock index futures fell sharply on Tuesday as investors weighed the economic fallout of escalating conflict between the United States and Iran, rising oil prices, and renewed inflation risks. Futures tied to the Dow Jones Industrial Average dropped as much as 822 points, or roughly 1.68%, while S&P 500 futures also fell by 1.6%.
The US–Iran war is forcing investors to rethink where to put money to work as geopolitical risk replaces artificial intelligence and tariffs as the dominant market narrative. Strikes by the US and Israel on Iran, followed by missile retaliation and disruptions around the Strait of Hormuz, have pushed oil to its highest levels in nearly
The cryptocurrency market has been volatile over the past few days, with Bitcoin hitting $70k on Monday before retracing to now trade below $67k. However, while the broader market has underperformed, Grass (GRASS) has recorded excellent gains over the last seven days. The coin is trading above $0.31 after adding 82% to its value during
Brent crude prices rose to their highest level since July 2024 as the US-Israel conflict with Iran continued to escalate, disrupting supplies from the Middle East. At the time of writing, the Brent crude price on the Intercontinental Exchange was at $84.32 per barrel, up 8.4%. The contract had hit $85.10 per barrel earlier in
Nvidia (NASDAQ: NVDA) once again defied the laws of gravity this week, delivering a fourth-quarter earnings report that shattered Wall Street’s lofty expectations. For most sectors, a rising tide lifts all boats, but in the hyper-competitive semiconductor space, Nvidia’s dominance is increasingly acting as an anchor for its rivals. Despite reporting a massive “beat and
Eos Energy Enterprises (EOSE) saw its shares plummet today following a fourth-quarter earnings report that, on the surface, looked like a classic “miss.” Despite a staggering 700% year-over-year revenue surge, the company’s 2026 guidance came in softer than analysts expected, and net losses remained wide. For the faint of heart, the immediate double-digit drop is
Shares of Accenture climbed on Thursday after the consulting giant announced a multi-year partnership with French artificial-intelligence startup Mistral AI. The stock was up about 6% at $202.98 in midday trading. Under the agreement, Accenture will gain access to Mistral AI’s models for use across its consulting and technology services. Financial terms were not disclosed.
The Hang Seng Tech Index continued its strong downward trend this week as some key Chinese technology companies published weak financial results and as mainland Chinese investors continued selling Hong Kong shares. It tumbled to a low of H$5,100, its lowest level since June last year, and is down by over 23% from its highest