Bitcoin Jumps Above $77,000, Gold Hits 3-Month Highs: Stock Market Today
Stocks steadied Friday as bond yields stabilized, Robinhood and Coinbase surged on CLARITY Act optimism, and gold hit a three-month high.
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Moody's warns Trump's Iran War costs US households $750, delivering a massive economic blow as surging gas prices erase recent tax refunds.
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Stocks steadied Friday as bond yields stabilized, Robinhood and Coinbase surged on CLARITY Act optimism, and gold hit a three-month high.
Read original at benzingaElizabeth Warren criticized President Trump for investing in oil companies and profiting off the war in Iran.
Read original at benzingaHarbor’s new Munificent Seven ETF targets the energy giants poised to benefit from surging electricity demand and the AI infrastructure boom.
Read original at benzingaIraq aims to increase oil production to 8-10 million barrels per day within six years, more than doubling pre-war levels. Chevron signed memorandums of understanding to operate two major Iraqi oil fields—West Qurna 2 and Nassiriya—positioning it to play a crucial role in Iraq's expansion plans. While this presents significant long-term growth opportunities, it also exposes Chevron to geopolitical risks, particularly dependence on the Strait of Hormuz for exports.
Read original at the-motley-foolThe national average price of gas could fall below $4/gal by Labor Day despite uncertainty in global oil supply.
Read original at benzinga