Mizuho reduced its price target on MSTR’s stock to $265 from $320 but maintained its 'Outperform' rating after slashing its year-end forecast on Bitcoin. It noted Strategy's roughly $2 billion cash reserve, which management says can cover about two years of...

Technology giants entered a correction on Friday as the war in Iran continued to escalate and oil closed above above $100 a barrel once again. Bloomberg’s gauge for the Magnificent Seven closed 1.6% lower, putting the group of mega-cap names — including Nvidia...

European stocks whipsawed on Friday, ultimately ending the week lower, as oil prices moved back above $100 a barrel and traders reduced risk ahead of the weekend. The Stoxx Europe 600 closed 0.5% lower, notching the index’s first back-to-back weekly declines this...

Chinese zinc smelters are facing disruptions to shipments of raw materials from Iran, putting further strains on supplies after lower-than-expected deliveries from a major new mine in Russia. Both Iran and Russia mainly ship their zinc concentrates — a form of...

The spike in oil prices and growing concerns around private credit are causing market activity to resemble the lead-up to the global financial crisis, according to Bank of America’s Michael Hartnett. The strategist flagged how oil doubled to $140 a barrel by August...

US consumer sentiment declined to a three-month low as fears mounted in recent weeks about the impact on gasoline prices from the war with Iran. The preliminary March sentiment index dropped to 55.5 from 56.6 in February, according to the University of Michigan. The...

As the Iran war erupted, Gulf stock markets looked certain to tumble once trading resumed. But Saudi equities have defied those expectations to rise despite the conflict, helped by support from local investors. Riyadh’s Tadawul All Share Index is 1.7% higher than...

Iran war ‘largest disruption to crude supplies in history of global oil market’, says IEA The Iran war has triggered an even bigger oil shock than the Arab oil embargo of the 1970s, the International Energy Agency (IEA) said. The Paris-based agency said the conflict...

Leon Cooperman, the former hedge fund manager who now runs his own family office, said financial markets are overpriced as stocks have become too costly relative to company profits. Cooperman, the billionaire chairman and chief executive officer of Omega Family...

“The truth is, these are not very bright guys, and things got out of hand.” — All the President’s Men Senator Chris Murphy of Connecticut, a Democrat and member of the Foreign Relations Committee, took to social media Tuesday night to share takeaways from a classified...