Airline stocks surge up to 9% as U.S.-Iran ceasefire drops oil prices 16%. Delta, United, American lead gains as Strait of Hormuz reopens.
Browsing: Stocks
Samsung stock jumped 7% and SK Hynix surged 15% after Samsung’s record Q1 profit projection of $39B, fueled by AI chip demand and HBM market growth.
Nvidia (NVDA) stock climbs 3.2% after U.S.-Iran cease-fire boosts markets. Analyst targets hit $275, earnings exceed forecasts, insider sales tracked.
Paramount Skydance (PSKY) stock jumped 10% after three Gulf sovereign wealth funds committed $24B toward its $111B Warner Bros. Discovery acquisition.
Gold climbed 3.8% to $4,864 while silver surged 7.9% after Trump announced a two-week U.S.-Iran ceasefire, causing oil to drop 15% and dollar weakness.
Super Micro Computer (SMCI) stock falls as Mizuho and other analysts cut targets amid China export probe, legal issues, and Dell competition threats.
Intuitive Machines (LUNR) stock has surged 90% YTD following NASA contracts, Artemis II launch participation, and an $800M acquisition boosting backlog.
Oil prices crashed 15% Wednesday after U.S.-Iran ceasefire reopened Strait of Hormuz. Brent crude fell to $94, WTI dropped to $96 per barrel.
The Trade Desk (TTD) stock crashed to a 52-week low of $20.70 after three top executives resigned simultaneously. Wells Fargo cuts price target to $24.
Intel (INTC) stock jumped 4% after securing a deal with Elon Musk’s Terafab project to produce chips for Tesla, SpaceX, and xAI operations.