Get up to speed with key market intelligence, news and insight before trading starts each day in this fast-growing economy with the Markets Daily India newsletter. Sign up here . Russia’s flagship oil has begun trading in India at a discount to international prices again for the first time in more than two months as a boost from the war in Iran starts to fizzle out. The country’s Urals crude, ship...
Get up to speed with key market intelligence, news and insight before trading starts each day in this fast-growing economy with the Markets Daily India newsletter. Sign up here . Russia’s flagship oil has begun trading in India at a discount to international prices again for the first time in more than two months as a boost from the war in Iran starts to fizzle out. The country’s Urals crude, shipped by tanker from western ports to the coast of India, traded at a discount of $3.90 a barrel to the Brent Dated benchmark on Friday, according to data from Argus Media. It flipped to a discount on May 29 for the first time since mid March. The shift happened as Brent stays stuck below $100 a barrel and key inter-month price spreads weaken, pointing to less-stressed physical markets. A slew of workarounds — from muted Chinese buying and surging US exports — have helped to absorb the shock from the Middle East conflict, which affected about a fifth of global oil supplies. READ: Why Oil’s Not at $200 After the Biggest Supply Shock in History The war in Iran and the green light from the US administration to buy some of Russia’s sanctioned barrels to ease pressure on the market allowed Moscow to boost oil shipments to India. The Asian nation emerged as a major buyer of Russian crude after Kremlin’s full-scale invasion of Ukraine and its loss of European market. Last month Russian crude deliveries to India averaged about 1.76 million barrels a day, 63% higher than in February. In absolute terms, Russian crude traded at $93.59 a barrel on India’s coast on Friday, according to Argus. The price also includes shipping costs and compares with the average of $73.46 a barrel in Russia’s western ports. That’s still well above the price of $59 a barrel assumed in Russia’s budget for this year. Last week President Vladimir Putin warned again that gains from higher global prices “are temporary and short-term.”
格隆汇6月8日|据Bitmine公告,截至2026年6月7日,公司持有5,543,872枚以太坊,约占以太坊总供应量1.207亿枚的4.59%,距离其“Alchemy of 5%(持有5%ETH供应量)”目标已完成92%。过去一周,BitMine增持126,971枚ETH,为公司近期最大单周买入力度。
格隆汇6月8日|据Bitmine公告,截至2026年6月7日,公司持有5,543,872枚以太坊,约占以太坊总供应量1.207亿枚的4.59%,距离其“Alchemy of 5%(持有5%ETH供应量)”目标已完成92%。过去一周,BitMine增持126,971枚ETH,为公司近期最大单周买入力度。
SlavkoSereda/iStock via Getty Images Crude oil futures pulled back from gains of as much as 5% earlier Monday after Iran's military said it has ceased strikes against Israel, while warning it would resume hostilities if Israel continues operations in Lebanon. Iran had fired missiles at Israel in several waves of attacks , which it said were in response to a deadly Israeli airstrike on Beirut that...
SlavkoSereda/iStock via Getty Images Crude oil futures pulled back from gains of as much as 5% earlier Monday after Iran's military said it has ceased strikes against Israel, while warning it would resume hostilities if Israel continues operations in Lebanon. Iran had fired missiles at Israel in several waves of attacks , which it said were in response to a deadly Israeli airstrike on Beirut that targeted Iran-backed Hezbollah militants; Israel struck targets including a major Iranian petrochemical facility. Israel launched its strike on Iran after President Trump demanded that Israel and Iran "immediately stop shooting," and the president later added that both sides were looking for an immediate ceasefire. Trump has been increasingly at odds with Israeli Prime Minister Netanyahu, who came under domestic pressure to respond to the Iranian missile barrage. The attacks and counterattacks, which began over the weekend and spilled into Monday, marked the first time Iran and Israel have targeted each other since a ceasefire took effect in early April. Front-month Brent crude ( CO1:COM ) for August delivery is up 1.6% to $94.56/bbl after spiking as much as 3.5%, while front-month Nymex July crude ( CL1:COM ) added 1.3% to $91.71/bbl after rising as high as $94. B rent crude has climbed 30% since the start of the Iran conflict just over 100 days ago, while Nymex crude has gained 36%; Brent touched a peak above $126/bbl in April. ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( XLE ) More on crude oil Oil Has Until July U.S. March Oil Production Flat Why May 2026 Might Still Have Red-Hot Inflation
Three of the Dow’s worst performers this year share more than just a red ticker. American Express (NYSE: AXP) trades at $310.66 versus a Wall Street target of $361.57. Nike (NYSE: NKE) trades at $42.98 against a consensus target of $60.49. Walt Disney (NYSE: DIS) changes hands at $99.71 with analysts modeling $129.67. The implied upside ... These 3 Underperforming Dow Stocks Have 3 Things in Commo...
Three of the Dow’s worst performers this year share more than just a red ticker. American Express (NYSE: AXP) trades at $310.66 versus a Wall Street target of $361.57. Nike (NYSE: NKE) trades at $42.98 against a consensus target of $60.49. Walt Disney (NYSE: DIS) changes hands at $99.71 with analysts modeling $129.67. The implied upside ... These 3 Underperforming Dow Stocks Have 3 Things in Common but Wall Street Remains Bullish
In this article AMZN GLW Follow your favorite stocks CREATE FREE ACCOUNT Corning CEO Wendell Weeks at Corning's cable factory in Hickory, North Carolina, on Jan. 9, 2026. Magdalena Petrova | CNBC Amazon is paying Corning billions of dollars for optical fiber to power and connect its rapidly expanding U.S. data centers, the latest megadeal featuring two companies at the center of the artificial int...
In this article AMZN GLW Follow your favorite stocks CREATE FREE ACCOUNT Corning CEO Wendell Weeks at Corning's cable factory in Hickory, North Carolina, on Jan. 9, 2026. Magdalena Petrova | CNBC Amazon is paying Corning billions of dollars for optical fiber to power and connect its rapidly expanding U.S. data centers, the latest megadeal featuring two companies at the center of the artificial intelligence boom. The agreement, announced Monday, will play out over several years and create 1,000 jobs at Corning's North Carolina factories, the companies said. Corning's fiber optic cable and networking solutions are becoming essential elements of AI infrastructure because they enable fast connections between data centers and the racks and chips they house. "Amazon's data centers power the services millions of people and businesses rely on every day," the statement said. "Corning's fiber optics are a critical piece of that infrastructure, and together, these investments help fuel the U.S. economic engine." The deal also expands a Corning training program for fiber optic technicians in North Carolina. In the press release, Amazon Web Services CEO Matt Garman said the company's investments in the state have created over 26,000 jobs. Last year, Amazon committed to spend $10 billion on new data centers in North Carolina. watch now VIDEO 17:44 17:44 How Apple glassmaker Corning won a $6 billion AI infrastructure deal with Meta Tech For Corning, fresh demand from AI is reinvigorating the 175-year-old business as hyperscalers and AI labs scramble to meet their exploding compute needs. Corning's shares have more than doubled so far this year and are up almost sixfold since the end of 2023. In May, Nvidia committed to investing up to $3.2 billion in Corning as part of a deal that involves the glass company building three new advanced manufacturing plants entirely devoted to the chipmaker. And in January, Meta said it would spend up to $6 billion as the flagship customer helping C...
Israel Pauses Iran Strikes At Trump's Request To 'Stop Shooting' - But Warns 'Full Intensity' Lebanon Ops To Persist Summary Israeli officials say strikes on Iran being halted at President Trump's request to 'stop shooting'. Iran FM accuses US of cooperating with Washington : "No one believes that the Zionist regime would carry out any action without prior coordination and cooperation with the Uni...
Israel Pauses Iran Strikes At Trump's Request To 'Stop Shooting' - But Warns 'Full Intensity' Lebanon Ops To Persist Summary Israeli officials say strikes on Iran being halted at President Trump's request to 'stop shooting'. Iran FM accuses US of cooperating with Washington : "No one believes that the Zionist regime would carry out any action without prior coordination and cooperation with the United States" (Foreign Ministry spox). Iran's sprawling Bandar Imam Petrochemical Complex bombed by Israeli Air Force. Houthis seek to close/threaten Bab-el-Mandeb Strait for Israeli-linked passage: We declare a complete and total ban on maritime navigation for the Israeli enemy in the Red Sea . US x Iran permanent peace deal by June 30, 2026? Yes 17% · No 84% View full market & trade on Polymarket * * * Israel Pauses Iran Strikes At Trump's Request Israel's N12 News is reporting that Israel is halting strike on Iran at President Trump's request. There are widespread initial reports that Israeli forces are indeed pausing the attacks, which persisted overnight through Monday morning, and included attack on a major petrochemical complex. However, the latest Israeli messaging has included a warning on the Lebanon front, per Bloomberg: Senior Israeli official says Israel is stopping strikes in Iran at Donald Trump’s request, but confirms operations in southern Lebanon will continue at full intensity in the coming days. The official also warns that Dahieh in Beirut could be targeted if attacks on Israeli settlements and civilians continue. There are also emerging reports (via CBS) that Trump did not order any US defensive efforts to protect Israel from the latest Iranian ballistic missile attacks - which were the first against Israel since the early April ceasefire. Meanwhile, in a fresh message from Iranian foreign ministry spokesman Esmaeil Baqaei, Iran says "Without a doubt ... the actions of the Zionist regime in the region cannot be separated from U.S. policies." Tehran is re...
Futures Rebound, Oil Pares Gain After Iran Declares End To Military Operations US stocks futures rebounded and oil pared much of its overnight gains, following a declaration from Iran that military operations against Israel ended after the biggest military escalation between Iran and Israel overnight. As of 8:00am ET, S&P futures rose 0.7% while those for the Nasdaq 100 climbed 1.4%, with Mag 7 st...
Futures Rebound, Oil Pares Gain After Iran Declares End To Military Operations US stocks futures rebounded and oil pared much of its overnight gains, following a declaration from Iran that military operations against Israel ended after the biggest military escalation between Iran and Israel overnight. As of 8:00am ET, S&P futures rose 0.7% while those for the Nasdaq 100 climbed 1.4%, with Mag 7 stocks trading mostly higher in premarket trading ahead of Apple's WWDC keynote later today, which may boost the Mag 7 group. Chipmakers that were the hardest hit in Friday’s selloff attracted dip buyers in premarket trading. Marvell Technology 7.9% while Micron advanced almost 4.2%. Nvidia led gains among the Magnificent Seven heavyweights. While European stocks rose, South Korea's KOSPI index fell by over 8% as chipmakers SK Hynix and Samsung joined a tumble in AI stocks, the plunge prompted a 20 minutes trading halt at the start of the session. It is unclear if today’s pre-market moves are more of a deadcat bounce (given the moves in FICC mkts) or if Thurs / Fri represented the extent of the pullback and now everyone is stepping in to buy the dip, according to JPM. Treasuries fell, with the 10-year yield up one basis point to 4.54% as traders added to bets that the Federal Reserve will hike interest rates. The dollar dropped 0.2%. Brent climbed as much as 5.4% after Israel retaliated against Iranian missile attacks, but the advance eased after the Fars news agency reported that the country’s central military command said the military operation against Israel has ended. Precious metals are under pressure but see a modest bid after the Iran news. Bitcoin climbed 2.8% after falling below the $60,000 mark on Friday for the first time since Donald Trump won reelection in 2024. Strategy Inc. Chairman Michael Saylor hinted at further purchases. On the calendar, Apple's WWDC keynote is today, which can boost Mag7 or disappoint again should Siri fail to impress. Inflation prints ar...
This is a tall order, to choose three of the many stocks I own as ones I don't plan to sell within the next two decades, no matter what. After a bit of thinking and review, though, I have my three. I'll discuss each one below. Note that my thinking incorporated the chance of there being a stock market crash or correction in the coming year or two . Such a pullback won't surprise me at all because ...
This is a tall order, to choose three of the many stocks I own as ones I don't plan to sell within the next two decades, no matter what. After a bit of thinking and review, though, I have my three. I'll discuss each one below. Note that my thinking incorporated the chance of there being a stock market crash or correction in the coming year or two . Such a pullback won't surprise me at all because the market has delivered a lot of double-digit gains in recent years, and there's also rising inflation and global unrest. Still, no one knows with any certainty what the market will do in the short term. Image source: Getty Images. Continue reading