Shares of Delta Air Lines surged sharply in early Wednesday trading, lifted by stronger-than-expected earnings and optimism following a two-week cease-fire agreement between the US and Iran that sent oil prices tumbling. The stock jumped more than 11% after the market opened, putting it on track for one of its strongest single-day gains in over
Emerging and developing economies in Europe and Central Asia will experience slower growth in 2026 due to the effects of higher energy prices brought on by the ongoing conflict in Iran, said a World Bank report released on Wednesday. This surge has increased operating costs for businesses and raised fuel expenses for consumers. Although Tehran
Dogecoin has underperformed in recent weeks and continues to trade below $0.091 on Tuesday as it started the week with mild selling, failing to break above key resistance. At the moment, DOGE’s price action remains largely range-bound, and underlying metrics are beginning to tilt bearish. The bearish performance comes amid weakening social interest and negative
UBS Global Wealth Management reduced its 2026 S&P 500 target on Monday, citing elevated energy costs stemming from the ongoing conflict in the Middle East. The analysts expect the conflict to weigh on US economic growth and inflation. In its report dated April 6, 2026, UBS cut its year-end S&P 500 target to 7,500 from
Broadcom stock price has crashed into a technical bear market after falling by over 24% from its highest point in December last year. AVGO dropped to 314, with its market capitalisation dropping from over $1.9 trillion to $1.5 trillion. So, will the new deal with Anthropic fuel its comeback? Broadcom inks major deal with Anthropic
XRP, like other leading cryptocurrencies, is under renewed pressure this week. The coin slipped below $1.31 on Tuesday, with fading trader interest, weakening derivatives metrics, and deteriorating technical structure, suggesting downside risk for XRP. There is a potential for a deeper correction in the near term, with the ongoing crisis in the Middle East piling
The Virgin Galactic stock price has rebounded this week and is hovering at its highest point since January 28. It has soared by 45% from its lowest point this year, bringing the market capitalisation to $250 million. Top reasons why the Virgin Galactic stock has soared The SPCE stock has soared in the past few
Shares of major US health insurers jumped in premarket trading on Tuesday following the government’s announcement of a larger-than-expected increase in 2027 payment rates for Medicare Advantage plans. Insurance giant UnitedHealth led the rally, climbing 6.9%, while CVS Health, Elevance Health, Centene , and Molina Healthcare rose between 3.6% and 6%. Notably, Humana surged 10.7%,
Big Tech stocks, which have come under sustained pressure in recent months, may be entering a more attractive phase for investors as valuations reset and geopolitical tensions reshape market dynamics, according to analysts at Goldman Sachs. The sector’s sharp pullback, exacerbated by the ongoing Iran conflict, has led to a reassessment of growth expectations and
Wall Street’s main indexes opened lower on Tuesday as investors assessed escalating tensions between the United States and Iran ahead of President Donald Trump’s deadline for Tehran to reopen the Strait of Hormuz. The Dow Jones Industrial Average was down 214 points, or 0.46%, while the S&P 500 index fell 0.42% and the Nasdaq 100