24H | Oil Stocks Rocket With Houston American up 22%; US Energy up 14%; Big Techs Fall With Tesla, SMCI down 2%; Crypto Shares Sink

Tiger Newspress
昨天

Oil stocks rose in overnight trading. Houston American up 22.3%; US Energy up 14.2%; Halliburton up 7.7%; Murphy, Exxon Mobil up more than 6%.

Markets were jolted by the US launching strikes on Iran’s nuclear sites over the weekend, a sharp escalation that sent oil prices surging. West Texas Intermediate, the US oil benchmark, rose about 2.5% after surging as much as 4.6% in opening trade.

The strikes led traders to price the risk of a spiraling war in the Middle East and marked an about face from early comments from the White House that suggested Trump would decide within two weeks on an attack to allow for negotiations. Traders will be on the look out for Iran’s response and the next move from Washington.

Big techs fell in overnight trading. Super Micro, Tesla down over 2%; AMD, Nvidia, Apple jumped over 1%.

Tesla Inc. rolled out its long-awaited robotaxi service to a handful of users following almost a decade of hype from Elon Musk, kicking off a precarious new era for the carmaker.

Crypto shares sank in overnight trading. Bitcoin earlier slid below $100,000 for the first time since May and Ether sank sharply as cryptocurrencies posted broad-based declines. TeraWulf fell over 6%; Bit Digital, SharpLink Gaming fell over 5%.

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