Dow Jones surges 860 pts as Hormuz reopening lifts stocks to highs
US stocks surged on Friday, with major indexes hitting fresh records as investors cheered Iran’s decision to reopen the Strait of Hormuz and growing optimism around a potential end to the Middle East conflict. The Dow Jones Industrial Average jumped 869
Evening digest: Oil plunges, Bitcoin jumps on Iran deal hopes
US markets and global assets moved sharply on Friday as investors reacted to a flurry of geopolitical and market developments, including fresh optimism around a potential US-Iran deal, a surge in Bitcoin, a steep drop in crude oil prices, and
Microsoft stock jumps as AI data center goes live, stock eyes best week
Shares of Microsoft rose more than 2% on Friday after Chief Executive Satya Nadella said the company’s Fairwater artificial intelligence data center in Wisconsin had gone live ahead of schedule, underscoring continued investor focus on its AI expansion strategy. At the
Investors expected three things from Netflix – it delivered on ‘none’
Citi’s senior analyst Jason Bazinet says investors expected three things from Netflix (NASDAQ: NFLX) – and its Q1 earnings delivered on “none”. Bazinet’s remarks arrive shortly after the streaming giant posted a “double beat”; per-share earnings of $1.23 on a whopping
Strategy (MSTR) stock jumps 15% as Bitcoin rally pushes holdings to profit
Shares of Strategy (previously known as Microstrategy) surged sharply on Friday, tracking a strong rally in Bitcoin that pushed the company’s massive cryptocurrency holdings back into profitable territory. The stock climbed 16.25% to its intraday high, although it is trading 10%
Critical Metals stock soars 45% — but it isn’t too late to invest yet
Shares of New York-based Critical Metals Corp (NASDAQ: CRML) ripped higher on April 17 after the company announced a major regulatory breakthrough and received positive analyst coverage. As investors cheered both updates, CRML broke decisively above its major moving averages (50-day