WTI and Brent crude oil prices crashed on Hyperliquid after President Donald Trump announced that the US and Iran had reached an agreement to reopen the Strait of Hormuz. The West Texas Intermediate plunged to $89, while Brent, the global benchmark, plunged to $93. Trump announces deal to reopen Strait of Hormuz Most market participants
The S&P 500 Index remains in a bull market and is trading at a record high, driven by numerous catalysts: strong corporate earnings and investors moving past the Iran war, mirroring their response to the Ukraine war. It ended last week at $7,473, and continued the uptrend on RWA platforms like Hyperliquid and Ondo. Here
Top crypto tokens like Near Protocol (NEAR), Ondo Finance (ONDO), and Hyperliquid (HYPE) were among the top gainers today, May 24, as investors bought their recent dips. NEAR token jumped by 13%, while Ondo and HYPE jumped by over 10%. Near Protocol price jumps amid AI hype NEAR crypto token has been one of the
President Donald Trump’s deal with Iran to reopen the Strait of Hormuz is drawing some notable critics who believe it is weak and will leave Iran better off and be a loss to the United States. Top Trump allies blast US-Iran deal In a Truth Social post, Trump said that details of the deal to
Oil prices gained on the last day of the week as no breakthrough has been reached in the US-Iran peace negotiations, which is likely to keep supply restricted in the Strait of Hormuz. Meanwhile, gold has had a difficult past five days as prices are likely to experience losses for the second straight week. Silver
Shares of Merck & Co. (MRK) rose 5% on Friday after the pharmaceutical giant reported positive developments across multiple oncology programs, reinforcing investor confidence in its efforts to extend the dominance of blockbuster cancer drug Keytruda ahead of looming patent expirations later this decade. The rally followed encouraging Phase 3 clinical trial results involving sacituzumab
Dell Technologies (DELL) ripped higher on Friday as a series of analyst upgrades and price target hikes fuelled intense buying momentum ahead of the firm’s Q1 earnings set to be released on May 28th. Wall Street remains convinced that DELL will report blockbuster financials for the first quarter, with revenue coming in up nearly
Shares of Take-Two Interactive Software (TTWO) fell on Friday despite the video game publisher reporting better-than-expected quarterly results and reaffirming the release timeline for the highly anticipated Grand Theft Auto VI. The company posted stronger-than-expected fiscal fourth-quarter net bookings and a narrower loss than analysts anticipated. However, investor sentiment weakened after Take-Two issued fiscal 2027
Shares of Generac Holdings (GNRC) surged on Friday after Jefferies upgraded the backup power equipment maker, citing growing momentum in AI-driven data center infrastructure demand and increasing traction for the company’s Baudouin engines among hyperscale operators. Generac shares climbed 9% after Jefferies raised its rating on the stock to Buy from Hold and increased its
Wall Street closed higher on Friday, with the Dow Jones Industrial Average reaching an intraday record high, as easing Treasury yields and optimism surrounding diplomatic efforts in the Middle East supported investor sentiment heading into the Memorial Day holiday weekend. The Dow gained nearly 295 points, or 0.59%, to close at approximately 50,580. The blue-chip