7h ago
IndiGo and SpiceJet shares climb up to 4% as Brent falls to $72.40 a barrel
Brent crude fell to $72.40 a barrel on June 25, down 42% from its April 30 peak of $126 and back to levels seen before the Iran war began on February 28. The U.S. energy secretary said flows through the Strait of Hormuz reached at least 20 million barrels in the past 24 hours, with traffic largely restored. The drop in oil prices eased pressure on airline fuel costs, sending IndiGo and SpiceJet up 3.5% to 4% in a single session.
7h ago
7h ago
Is the Oil Crash Unstoppable? Why Brent’s Slump to $72 Traps Overleveraged Bulls
Brent Crude Oil (OIL) is locked in an aggressive downward trend, trading near $72.91 on the daily chart on June 25, 2026. For everyday traders, the message flashing across the energy desk is undeniable: institutional sellers have taken complete control of the market. After violently invalidating its long-term support floors, the global benchmark is sliding fast.
7h ago
7h ago
Strategy (MSTR) Stock Drops Below $100: Is the Corporate Bitcoin Machine Under Threat?
Shares of the world's largest corporate Bitcoin treasury company, Strategy Inc. (NASDAQ: MSTR, formerly MicroStrategy), experienced a punishing sell-off during standard trading on June 24, plunging 9.26% to close at $94.22. The drop undercuts the psychologically critical $100 threshold on a split-adjusted basis for the first time since early 2024, trading heavily toward its fresh 52-week low of $92.28.
BTC
BTC-2.00%
7h ago
7h ago
Bitcoin climbs back above $60,000 as ether and solana pare losses while AI stocks rebound
Bitcoin has reclaimed the $60,000 level, while ethereum (ETH) and solana (SOL) have recovered from earlier losses. AI-linked stocks also rebounded, signaling improved investor sentiment across both sectors. The moves suggest a broader risk-on tilt, with traders rotating back into growth and crypto assets.
BTC
BTC-2.00%
7h ago
7h ago
Sector Halo Effect: SanDisk (SNDK) Vaults 12% After Hours to $2,150 on Blowout Micron Earnings
SanDisk Corporation (NASDAQ: SNDK) experienced an explosive 11.94% post-market surge, vaulting to $2,150.83 after closing the standard June 24 trading session down 2.15% at $1,921.42.
7h ago
7h ago
Oil slips under US$70 as ASX energy stocks sell off
International oil prices pulled back sharply, with WTI falling to US$69.14 a barrel and Brent to US$72.35, taking both benchmarks below key psychological levels. The drop comes as US-Iran talks show progress and tanker movements through the Strait of Hormuz rebound to 14 ships a day. Weak demand signals from China added pressure after May crude imports came in at 7.82 million barrels per day, the lowest since 2018 and 38% below February. ASX energy shares also retreated, with Woodside and Santos each down nearly 15% over the past month.
7h ago
7h ago
Sensex rises 440.23 points and Nifty adds 137.80 in early trade as Brent slips 1.70% to USD 72.49
Indian equities opened sharply higher, with the Sensex up 440 points to 77,435.76 and the Nifty gaining 138 points to 24,147.60. The move followed a 1.7% drop in Brent crude to USD 72.49 per barrel as geopolitical risk premiums eased and supply conditions stabilized. Asian markets were mostly higher, led by South Korea’s Kospi up over 5% and Japan’s Nikkei 225 nearly 4% higher. Foreign investors were net sellers on Wednesday, offloading Rs 1,843.40 crore, according to exchange data.
7h ago
7h ago
MCX July gold slips 0.53% to Rs 1,38,786 per 10 grams on June 25 as dollar strengthens
MCX gold July futures fell 0.53% to Rs 1,38,786 per 10 grams on June 25, while MCX silver July futures dropped 1.2% to Rs 2,10,519 per kg. In global markets, gold also weakened and briefly fell to $3,964 an ounce, the lowest level since November. The slide came as a US dollar-linked gauge rose 0.8% this week, while expectations for a Federal Reserve rate hike strengthened, weighing on dollar-priced precious metals demand.
7h ago