The USD/INR exchange rate has pulled back in the past few weeks as the actions by the Reserve Bank of India (RBI) continued. The pair has dropped to 92.85, down by 2.45% from its highest point this year. So, what next for the Indian rupee as bond yields jump?Indian rupee…
The WTI crude oil price will be in the spotlight this week as the US war against Iran escalates. It ended the week at $112.08, up by over 104% from its lowest level this year. Futures on Hyperliquid quoted the price at $112.15, with its open interest rising to $575…
Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales, highlighting mounting pressure on the auto industry from high borrowing costs, elevated vehicle prices, and rising fuel costs.The Detroit-based automaker said it sold 626,429 vehicles between January and March, marking a…
Battalion Oil (BATL) is pushing aggressively to the upside on April 2 as oil prices charged higher again after Trump warned the US could hit Iran “extremely hard” in the days ahead.With Iranian and Middle Eastern supply constantly under threat, investors are flocking to US-based producers that have recently increased…
Investors are running into Intuitive Machines (NASDAQ: LUNR) following its historic launch of “Artemis II” – which successfully sent four astronauts on a lunar flyby on Apr. 1.The Artemis news came only days after “NASA” selected LUNR for its commercial lunar payload services (CLPS) task order, further adding technical validation…
Nvidia and other semiconductor stocks remained under pressure on Thursday, as renewed concerns over the Iran conflict weighed on investor sentiment.Nvidia shares fell 1.9% to $172.41 in early trading. However, the stock had clawed back some of those losses to trade mostly flat at the time of writing.The move tracked…
Shares of US liquefied natural gas (LNG) companies have rallied sharply amid the ongoing Iran conflict, as rising global gas prices boost near-term profitability. However, analysts warn that sustained high prices could undermine long-term demand and complicate expansion plans for the industry.The rally has been fueled by supply disruptions and…
As Meta Platforms and Alphabet-owned Google head into a closely watched earnings season after a major legal setback, analysts say the results could serve as the next catalyst for the stocks.Analysts at Wells Fargo have reiterated an overweight rating on both companies, signalling continued confidence in their long-term outlook, even…
Airline investors are facing renewed caution as rising oil prices tied to the Iran conflict threaten to squeeze profits across the US aviation sector.While travel demand in the United States remains resilient for now, analysts warn that escalating fuel costs are putting significant pressure on airline margins, prompting lowered earnings…
US stocks closed slightly mixed on Thursday after paring deeper losses, as diplomatic signals from the Middle East helped calm markets rattled earlier by President Donald Trump’s threats of tougher action against Iran ahead of the long holiday weekend.Investor sentiment steadied in the afternoon after Iran’s foreign ministry said it…