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Chip stocks surge, oil slides closer to $80 on US-Iran deal, Fox to acquire Roku
Yahoo Finance Video51d agobullishVIDEO
Chip stocks surge, oil slides closer to $80 on US-Iran deal, Fox to acquire Roku

Yahoo Finance Senior Reporter Brooke DiPalma comes on Market Domination to further discuss today's biggest headlines, including memory chip stocks like Micron Technology (MU) surging as Wall Street leans more bullish on the AI trade, oil prices (CL=F, BZ=F) moving closer to $80 per barrel on news of a US-Iran peace deal, and media giant Fox (FOX, FOXA) striking a deal to acquire Roku (ROKU) for $22 billion.

Oil Prices Slump, Exxon and Valero Stocks Drop After Trump Iran Deal
Barrons.com51d agobearish
Oil Prices Slump, Exxon and Valero Stocks Drop After Trump Iran Deal

Oil prices slumped to the lowest level since early March of around $80 a barrel Monday after the U.S. and Iran reached an interim deal that would reopen the Strait of Hormuz and end the U.S. naval blockade. Valero Marathon Petroleum Phillips 66 Exxon Mobil and other energy stocks were among the sharpest decliners in the Monday as the broader market rallied amid optimism to an end to the conflict that began on Feb. 28 when the U.S. launched a military strike on Iran. President Donald Trump said “the deal is now complete” in a social media post Sunday.

Oil Prices Dive On U.S.-Iran Deal, But Prewar Pricing Is Far Off
Investor's Business Daily51d agoneutral
Oil Prices Dive On U.S.-Iran Deal, But Prewar Pricing Is Far Off

Oil prices plunged after the U.S. and Iran agreed Sunday on a framework to end the war. The agreement cleared a path for a reopening of the Strait of Hormuz within 30 days. A host of geopolitical risks and supply challenges could keep oil prices elevated.

Stocks Soar on US-Iran Peace Agreement
Barchart51d agobullish
Stocks Soar on US-Iran Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) today is up +1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.73%. June E-mini S&P futures (ESM26 ) are up +1.61%, and June E-mini Nasdaq futures...

1 Unstoppable Vanguard ETF to Buy and Hold for the Next Decade
24/7 Wall St.51d agobullish
1 Unstoppable Vanguard ETF to Buy and Hold for the Next Decade

Value stocks are having their moment again, and Vanguard Mega Cap Value Index Fund ETF Shares (NYSEARCA:MGV) is the cleanest way to own that rotation without overpaying for it. MGV returned 28% over the past year, a number that catches the eye when you remember the fund holds boring giants like JPMorgan (NYSE:JPM), Berkshire Hathaway (NYSE:BRK.B), ExxonMobil (NYSE:XOM), ... 1 Unstoppable Vanguard ETF to Buy and Hold for the Next Decade

Oil Prices Slump, Exxon and Chevron Stocks Drop After Trump Iran Deal
Barrons.com51d agobearish
Oil Prices Slump, Exxon and Chevron Stocks Drop After Trump Iran Deal

Oil prices slumped to three-month lows of just above $80 a barrel early Monday after the U.S. and Iran reached an interim deal that includes plans to reopen the Strait of Hormuz. Exxon Mobil Chevron and other energy stocks were among the sharpest fallers in the S&P 500 ahead of the open as the broader market looked set to rally. Energy infrastructure company Sempra was down 4.7%, while Occidental Petroleum ConocoPhillips and Exxon were all around 3% lower.

Today’s AI market hits all 5 warning signs that preceded 2000 Nasdaq crash.
24/7 Wall St.51d agobearish
Today’s AI market hits all 5 warning signs that preceded 2000 Nasdaq crash.

Although Wall Street has spent the better part of two years cheering an artificial intelligence buildout that has dragged the Nasdaq 100 up roughly 30% over the past year, the technology-packed Nasdaq Composite is starting to wobble at the worst possible moment. The benchmark S&P 500 has slipped, with SPY off about 4% in the ... Today’s AI market hits all 5 warning signs that preceded 2000 Nasdaq crash.

Oil Prices Slump to 3-Month Lows, Exxon and Chevron Stocks Fall After U.S., Iran Deal
Barrons.com51d agobearish
Oil Prices Slump to 3-Month Lows, Exxon and Chevron Stocks Fall After U.S., Iran Deal

Oil prices slumped to three-month lows of just above $80 a barrel early Monday after the U.S. and Iran reached an interim deal that includes plans to reopen the Strait of Hormuz. Exxon Mobil Chevron and other energy stocks were among the sharpest fallers in the S&P 500 ahead of the open as the broader market looked set to rally. Energy infrastructure company Sempra was down 4.7%, while Occidental Petroleum ConocoPhillips and Exxon were all around 3% lower.

Bloomberg51d agoneutral
LNG Major Woodside Says No Takeover Bid Received From Exxon

(Bloomberg) -- Woodside Energy Group said it was not in discussions with Exxon Mobil Corp. over a potential takeover, while an analyst said any deal would likely face regulatory hurdles if it came to fruition.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOIran Pushes Differ

Exxon Mobil LNG Ambitions And Woodside Talk Versus Valuation Upside
Simply Wall St.54d agoneutral
Exxon Mobil LNG Ambitions And Woodside Talk Versus Valuation Upside

Exxon Mobil (NYSE:XOM) is reportedly reviewing large acquisition options in liquefied natural gas, including a potential bid for Australia based Woodside Energy. The company is said to be focused on expanding its LNG presence in Asia as trade routes adjust following the closure of the Strait of Hormuz. Any move on Woodside would mark a significant shift in Exxon Mobil’s LNG footprint and could influence regional energy supply patterns. For investors watching NYSE:XOM, this possible LNG push...

3 Biggest Oil Giants: Buy, Sell or Hold?
24/7 Wall St.54d agoneutral
3 Biggest Oil Giants: Buy, Sell or Hold?

The three biggest U.S. oil majors are sending mixed signals at current prices: Chevron (NYSE:CVX) at $185.82 looks constructive, Exxon Mobil (NYSE:XOM) at $146.60 looks constructive, and Occidental Petroleum (NYSE:OXY) at $55.47 warrants patience. A WTI spike to $114.58/bbl in April and a still-elevated $95.00/bbl print in early June have reset the math for every ... 3 Biggest Oil Giants: Buy, Sell or Hold?

Move Over, New York! Why Texas Is Becoming ‘America’s New Center of Gravity’
24/7 Wall St.54d agoneutral
Move Over, New York! Why Texas Is Becoming ‘America’s New Center of Gravity’

On a recent Diet TBPN segment, co-host John Coogan read at length from an Economist piece making a striking claim about where corporate America now lives. The thesis, quoted directly: “Texas is steadily establishing itself as America Inc.’s new center of gravity. No state receives more business investment or is adding more people to its ... Move Over, New York! Why Texas Is Becoming ‘America’s New Center of Gravity’

MT Newswires54d agoneutral
Sector Update: Energy

Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index rising 1% and the Stat