ADVFN US – Market Content Editor

Brent crude prices could spike to as high as $200 per barrel — potentially pushing U.S. gasoline prices to roughly $7 per gallon — if the war involving Iran continues through the end of June and the Strait of Hormuz remains mostly closed to shipping, according to analysts at Macquarie. Similar concerns were voiced by…

Shares of companies tied to the cryptocurrency sector could be nearing a cyclical low, according to analysts at Bernstein, who said the recent downturn has created attractive entry points for investors. In a research note this week, the firm said geopolitical tensions combined with “temporary crypto weak sentiment is offering big discounts (~60% below 2025…

Goldman Sachs continues to project that gold could reach $5,400 per troy ounce by the end of 2026, citing expected Federal Reserve interest-rate cuts, a normalization in speculative positioning, and ongoing central bank demand for bullion. The bank’s analysts Lina Thomas and Daan Struyven are maintaining that target even though gold has fallen roughly 15%…

First time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended March 28th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 202,000, a decrease of 9,000 from the previous week’s revised level of 211,000. Economists had expected jobless claims to inch…

DeFi Technologies Inc. (NASDAQ:DEFT) said its subsidiary Valour Inc. has appointed Jacob Lindberg as Chief Revenue Officer, as the digital asset manager pushes to expand its presence across the Nordic region and broader European markets. Lindberg will lead Valour’s commercial strategy and revenue growth, focusing on expanding distribution of the company’s digital asset exchange-traded products…

Intel (NASDAQ:INTC) announced it will spend $14.2 billion to repurchase the 49% stake it previously sold to Apollo Global Management in its semiconductor manufacturing facility in Ireland, restoring full ownership of the plant as its financial position improves and demand for chips rises with the growth of artificial intelligence. Shares of Intel climbed about 6%…

Cyclerion Therapeutics (NASDAQ:CYCN) announced it has signed a definitive merger agreement with privately held Korsana Biosciences in an all-stock transaction, according to a company press release. The announcement comes as Cyclerion shares trade around $1.55, giving the company a market capitalization of roughly $5.9 million, with the stock down 4.3% over the past week. Following…