The war in Iran and the resulting closure of the Strait of Hormuz have created an acute shortage in the oil market. But, public attention has mostly been towards crude oil. However, the shortage is even more significant in jet fuel. The record high price of jet fuel—nearly $1,800 per ton in early April—reflects this
US stocks moved higher on Tuesday as investors balanced renewed optimism around artificial intelligence-driven growth with ongoing geopolitical uncertainty tied to the Middle East conflict. The Dow Jones Industrial Average rose about 0.45% or 222 points, while the S&P 500 added roughly 0.13% and the Nasdaq-100 gained around 0.04% after the market opened. The gains
The Cardano (ADA) cryptocurrency is trading in a tight consolidation phase around $0.249, with price action locked between short-term support at $0.24 and resistance near $0.26. Over the past 24 hours, ADA has recorded a modest gain of about 1.5%, moving in line with a broader crypto market advance led by Bitcoin’s 1.7% rise. Trading
TheSportExchange (TSE), which operates in Europe as TSE Marketplace Ltd, has announced a partnership with Algoz, a digital asset trading firm with international operations, as mentioned in a press release shared with Invezz. As TSE prepares to strengthen liquidity infrastructure and trading capabilities ahead of its targeted direct listing on Nasdaq in Q4 2026, Algoz
Shares of Tesla were wobbly on Tuesday, slipping 0.2% to $392.90 as investors positioned ahead of the company’s first-quarter earnings report. Wall Street expects Tesla to report earnings per share of 36 cents on revenue of $22.3 billion. In the same period a year earlier, the company posted earnings of 27 cents per share on
US President Donald Trump said on Tuesday that Washington is considering financial support measures for the United Arab Emirates, including a potential currency swap arrangement, as geopolitical tensions linked to the Iran conflict raise economic risks across the Gulf region. Speaking in an interview with CNBC, Trump confirmed that discussions around a swap line were
It has been an interesting day so far with both precious metals and crude oil prices falling. Both oil and precious metals have traded in opposite directions over the last few weeks. Gold had slipped below $4,800 per ounce again as the dollar rose against a basket of major currencies. Meanwhile, oil prices fell on
AT&T stock price has come under pressure in the past few weeks, and technicals suggest that it may crash further in the near term. T was trading at $26 on Tuesday, down modestly from the year-to-date high of $30. AT&T stock forms a double-top pattern The weekly timeframe chart shows the AT&T stock price has
The Schwab US Dividend Equity ETF (SCHD) has done well this year as it jumped by 12% and reached a record high. It was trading at $31 on Monday, a few points below the record high of $31.6. This article explores some of the top catalysts for the SCHD stock this week. SCHD stock to
Nio stock price has pulled back in the past two days as investors booked profits after the recent surge that pushed it from a low of $4.3 in February to a high of $7. This retreat may be a good entry point as the stock has formed a highly bullish chart pattern. Nio stock price