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Dow falls 334 points as chip selloff, Iran tensions hit stocks

US stocks moved lower on Wednesday as investors grappled with renewed geopolitical tensions in the Middle East, continued weakness in semiconductor stocks, and concerns that inflation could keep the Federal Reserve on a cautious path. The Dow Jones Industrial Average was down by 334 points. The S&P 500 index fell about 0.57%, while the Nasdaq

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Oil

Travala launches AI travel protocol for autonomous bookings

Travala, a crypto-native travel booking platform, has launched what it describes as the world’s first agentic AI travel protocol. The protocol enables autonomous AI agents to search, book, and pay for more than 2.2 million hotels, including properties from major chains such as Marriott Hotels, Hilton Hotels & Resorts, and IHG Hotels & Resorts, with

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Oil

Plug Power stock just suffered a harsh reversal: buy the dip or sell the rip?

Plug Power stock has slumped sharply in the past few days, moving from a high of $4.33 on June 2nd to the current $2.91. It has slumped to its lowest point since April 20th, with the market capitalization falling from over $5.7 billion to $4 billion today. So, will this hydrogen giant rebound or fall

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Oil

Cracker Barrel stock soars 30% as earnings beat sparks short squeeze

Cracker Barrel Old Country Store CBRL shares surged on Wednesday after the restaurant chain reported better-than-expected fiscal third-quarter results and raised its full-year outlook. The strong report prompted analysts to increase price targets and helped fuel a sharp short squeeze in the stock. The stock climbed as much as 30% during morning trading. The rally

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Oil

Here’s why the S&P 500 Index, SPYM, SPY, and VOO ETFs may drop 5.4% soon

The S&P 500 Index has pulled back in the past few days, moving from the year-to-date high of $7,618 to $7,400. This retreat has happened amid profit-taking among investors and as US bond yields jumped following last week’s strong jobs numbers. Still, there is a likelihood that the index and its ETFs like, VOO, SPY,

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Oil

Soaring Astera Labs stock faces a major valuation risk: what next?

Astera Labs stock price has gone parabolic in the past few months, mirroring the performance of the semiconductor industry. ALAB jumped to $346 on Monday, up by 253% from its lowest point this year, with its valuation jumping from $16.6 billion in April to $60 billion today. Still, the company faces some major risks, with

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Oil

Chainlink forecast: LINK stays below $8 despite network growth

LINK is down by less than 1% and continues to trade below $8. The coin staged a modest recovery after falling to a two-year low of $6.99 on Saturday.  While short-term sentiment remains mixed, renewed institutional demand and continued ecosystem expansion are reinforcing a constructive long-term outlook for the oracle network. Institutional inflow into Chainlink

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Oil

Oil market braces for shortages as reserves dwindle, conflict drags on

Global oil markets are facing renewed uncertainty as the conflict in the Middle East shows little sign of resolution, with Iran and Israel exchanging missile strikes and allied groups threatening to escalate.  Prices surged at the start of the week but quickly retreated, underscoring both the volatility of the situation and the market’s fragile balance.

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Oil

Commodity wrap: Oil slumps over 3% as Iran-Israel pause attacks; gold falls

Oil prices plunged more than 3% on Tuesday as Iran and Israel announced a halt in attacks, thereby easing tensions in the Middle East.  Gold prices were largely unchanged after slipping to a two-and-a-half month low in the previous session. Silver also continued its fall below $70 per ounce.  Meanwhile, copper on the London Metal

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Oil

Brent and WTI crude oil prices recoil as US-Iran talks stalls: what next?

Brent and West Texas Intermediate (WTI) crude oil benchmarks held steady on Hyperliquid on Sunday as investors watched the new developments on the ongoing US-Iran quagmire. WTI was trading at $91.7, while Brent was trading at $94.55.  Crude oil price in a tight range as US-Iran talks stall The energy market is in a tight

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