24H | Big Techs Fall With Broadcom, Palantir, Amazon Down Around 1%; Oil Stocks Gain With MPC up 3%; Crypto Shares Rise with BTCS up Nearly 5%

Tiger Newspress
01/12

Big tech stocks fell in overnight trading. Broadcom, Palantir, Amazon, AMD, Microsoft down around 1%. Alphabet, Apple down within 1%.

Unrest in Iran has killed more than 500 people, a rights group said on Sunday, as Tehran threatened to target U.S. military bases if President Donald Trump carries out his renewed threats to intervene on behalf of protesters.

Oil stocks gained in overnight trading. Marathon Petroleum up about 3%; Equinor, Indonesia Energy, US Energy up about 2%.

Oil held its biggest two-day gain since October, as escalating protests in Iran threatened supply from OPEC’s fourth-biggest producer.

Brent climbed toward $63 a barrel after jumping almost 6% over Thursday and Friday, while West Texas Intermediate was near $59. US President Donald Trump said that the US is closely monitoring the protests in Iran and is mulling potential options as the Islamic Republic faces its third week of nationwide protests, the largest since 2022.

Crypto shares rose in overnight trading. GameSquare up over 6%; BTCS up nearly 5%; DeFi Tech, Upexi up about 4%.

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