Business
Markets, options and derivatives — calls, puts, futures and the flows that move them.
Oil Prices Soar As Middle East Tensions Escalate
Oil prices surged over 6 percent after U.S. President Donald Trump declared the Iran ceasefire "is over" at the NATO summit, sparking fears of renewed conflict and disruptions in the Strait of Hormuz. This declaration followed U.S. military strikes on Iran in response to attacks on commercial shipping, with Iran retaliating against Bahrain and Kuwait, jeopardizing the interim peace agreement.
Archer Aviation Is Down 61% -- That's Great News for Long-Term Investors
Archer Aviation, an eVTOL aircraft developer, has seen its stock decline by 61% since 2021, but this is considered good news for long-term investors. The company is nearing regulatory approval and plans to begin U.S. operations this year, with military contracts and partnerships with United Airlines and Stellantis. Despite a current market cap of $4 billion on minimal revenue, the lower valuation presents a more attractive entry point for future growth in the niche eVTOL market.
Gold Prices Tumble As US-Iran Tensions Revive Rate-hike Fears
Gold prices fell sharply due to a stronger dollar and rising global bond yields, driven by renewed Middle East tensions. The U.S. launched air strikes in Iran and revoked an oil waiver, escalating geopolitical uncertainty and fueling expectations of a Fed rate hike. Investors are now awaiting the Federal Reserve meeting minutes for further insights into the rate trajectory.
Notable Monday Option Activity: RDDT, JACK, CXW
This article details significant options trading activity for three companies: Reddit (RDDT), Jack in the Box (JACK), and CoreCivic (CXW). It highlights particularly high volume for specific call options for JACK and CXW, noting the number of contracts traded and their representation of the companies' average daily trading volume.
Why Joby Aviation Stock Is Surging Today
Joby Aviation's stock is surging due to a bullish broader market and a new manufacturing partnership with Toyota. This collaboration, where Toyota will play a leading role in building eVTOL aircraft, is seen as a significant win for Joby, potentially helping it achieve profitability.
Oil Edges Lower On Supply Glut Fears
Oil prices declined on Monday due to concerns about a significant global oil surplus expected next year, with Goldman Sachs projecting a 3 million barrels per day surplus. This oversupply is driven by increased production from OPEC+ and major Persian Gulf producers, alongside factors like China's reduced imports and potential Iranian export increases. Brent crude and WTI crude futures both saw drops, reaching their lowest levels since late February.
Bitcoin Is Down 54% From Its All-Time High. Here's What History Says Happens Next
Bitcoin is currently experiencing a 54% decline from its all-time high, a common occurrence within its historical four-year boom-and-bust cycle. This pattern suggests that a recovery could be imminent, with past performance indicating a rebound after similar significant drops. Several catalysts, including regulatory changes and the upcoming halving event in 2028, are expected to contribute to a future rally.
Apple Could Have Purchased Any of 487 S&P 500 Companies -- but CEO Tim Cook Chose to Invest $853 Billion Into This Game-Changing Opportunity
Under CEO Tim Cook's leadership since 2011, Apple's shares have surged over 2,600%. Cook's most significant investment, totaling $853 billion, has been in repurchasing Apple's own stock, reducing outstanding shares by over 44%. This strategy has boosted earnings per share and contributed significantly to the company's returns.
President Trump Sells Palantir Stock and Buys an AI Stock Up 2,100% Since 2023
President Trump's investment accounts, managed by third-party institutions, executed over 3,600 trades in the first quarter. Notably, between $854,000 and $4.6 million in Palantir Technologies stock was sold, while $45,000 to $150,000 was invested in Western Digital, a stock that has seen a 2,100% increase since January 2023. Palantir specializes in data integration and analytics software with an AI platform, while Western Digital is a leader in hard disk drives.