Burnham Named UK PM as Oil Surges Amid Iran Strikes

Burnham Named UK PM as Oil Surges Amid Iran Strikes

On today's episode of Market Brief – After Hours, oil extends its remarkable monthly surge as escalating US-Iran military tensions rattle Wall Street and send the Dow to its worst day of the week. We break down a major political shakeup in the UK, a brutal selloff in South Korean tech stocks, and a fresh rally in crypto-exposed names after Bitcoin hit a one-month high. We also cover the day's action across EUR/USD, GBP/USD, USD/CAD and USD/JPY, plus key levels in gold and silver. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Netflix Sinks 7% as AI Selloff Sends Nasdaq Down 1.4%

On today's episode of Market Brief – After Hours, Netflix tumbles 7% after its revenue forecast falls short, pushing shares below their 200-day average by the widest margin in four years. We break down a brutal week for tech as a Chinese AI startup's new open-source model stokes fresh doubts about the payoff on massive US spending, sending chip stocks reeling even as Apple overtakes Nvidia as the world's most valuable company. Escalating tensions in the Middle East send oil surging and ripple through EUR/USD, GBP/USD and safe-haven assets, while Japan's Nikkei tumbles into a technical correction. Tune in for the full breakdown of stocks, bonds, currencies and commodities to close out the week. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

UK GDP Grows as Alphabet Drops 4% and SpaceX Shorts Hit 29%

On today's episode of Market Brief – After Hours, a sharp chip sector selloff and Alphabet's 4% drop on a delayed Gemini 3.5 Pro launch dragged tech lower, even as US earnings season quietly beats expectations. We break down TSMC's capex shock, a brutal session across Asian chip stocks, and the UK's surprising return to GDP growth. We also cover EUR/USD, GBP/USD, USD/JPY and USD/CHF, plus moves in gold, silver, oil and a striking surge in SpaceX short interest. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

PPI Cools as Apple Hits Record High While PayPal Soars 17%

On today's episode of Market Brief – After Hours, PayPal shares exploded higher on a blockbuster takeover bid while Apple notched a fresh record high as a cooler-than-expected PPI report reshaped rate hike expectations. We break down the rotation out of chipmakers into big tech, a historic single-day rally in South Korea's KOSPI, and a major technical breakout in GBPUSD alongside moves in EURUSD, USDCHF and AUDUSD. Plus, Lucid Group's relief rally, Pentair's plunge, and why gold and silver are heading in opposite directions. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

IBM Crashes 25% as Cool Inflation Data Sends Nasdaq Surging

On today's episode of Market Brief – After Hours, IBM crashed 25% on a grim profit warning that dragged the Dow, even as a much-cooler-than-expected June inflation print sent the Nasdaq surging and reshaped bets on the Fed's next move. Fresh U.S. airstrikes on Iran kept oil markets volatile, while Asia staged a dramatic intraday reversal. We break down moves in EUR/USD, GBP/USD, AUD/USD and USD/JPY, plus a huge day for cybersecurity stocks and a big earnings beat from Goldman Sachs. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.