Today: 12 July 2026
Oil Price Forecast This Week: Brent’s 6% Slide Leaves Traders Staring at $120 Risk

Oil Week: Diesel Premium Nears $80, Brent Sees Fresh Monday Gap

12 July 2026
Oil futures set up for a choppy start Monday as U.S. and Iranian forces launched major missile and drone attacks over the weekend. Tehran said the Strait of Hormuz was shut, but Washington said ship traffic continued. U.S. Central Command said it hit 140 Iranian military positions Saturday after attacks on merchant ships.
Oregon backs away from bid to delay Paramount–Warner Bros—Spread at 16.6% draws focus

Oregon backs away from bid to delay Paramount–Warner Bros—Spread at 16.6% draws focus

Oregon’s attorney general has pulled a court motion asking for a delay of Paramount Skydance Corp’s $110 billion deal for Warner Bros. Discovery Inc, clearing the closest legal hurdle for now. But the state’s broader suit is still on. Oregon said it’s weighing its next move after Paramount pushed back against requests for records tied to its regulatory lobbying.
Apple Stock Rose 2%, but Broadcom’s Market-Value Gain Was Nearly Twice Apple’s After $30 Billion Pact

Apple Stock Rose 2%, but Broadcom’s Market-Value Gain Was Nearly Twice Apple’s After $30 Billion Pact

Apple Inc. ended Friday at $315.32, up 2.2% from the July 2 close, after a week dominated by a chip-supply pact worth more than $30 billion with Broadcom Inc.. Broadcom rose 11.0%; applying each company’s latest disclosed share count, that implies roughly $188 billion of added equity value for Broadcom, against about $98 billion for Apple. U.S. cash markets were closed Saturday.
ExxonMobil posts $5B profit gain, shares slide $12B in value

ExxonMobil posts $5B profit gain, shares slide $12B in value

ExxonMobil Holdings Corporation closed Friday at $138.88, down 2.0% from Tuesday’s close. This came even after the company indicated about $5 billion in second-quarter earnings growth from Q1. U.S. markets were closed for the weekend. The parent company switched to the ExxonMobil Holdings name on July 2, replacing Exxon Mobil Corporation as the NYSE-listed entity, but kept the XOM ticker.
Fervo’s $8 Billion Stock Value Tops Ormat — Now Comes the $1 Billion Cost Test

Fervo’s $8 Billion Stock Value Tops Ormat — Now Comes the $1 Billion Cost Test

Fervo Energy Company closed Friday at $27.13, giving the geothermal developer a $7.99 billion equity value — about 17% more than Ormat Technologies, an established listed geothermal operator worth $6.80 billion. That premium now rests heavily on whether Fervo’s new 21-day drilling record can translate into lower plant costs and reliable power sales.

Bending Spoons Rejects 99.96% of Applicants—but Its 83% Founder Vote Is the Real Investor Test

Bending Spoons Rejects 99.96% of Applicants—but Its 83% Founder Vote Is the Real Investor Test

Bending Spoons hired just 286 people from roughly 800,000 applicants in 2025—an acceptance rate of 0.036%—while its four founders retained 82.71% of voting power after the Milan-based software group went public. The pairing puts two kinds of scarcity at the centre of its first post-IPO test: access to the core team and access to corporate control.

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Energy Stocks Week Ahead: Can U.S. Refiners Keep Beating the Oil Sector?

Energy Stocks Week Ahead: Can U.S. Refiners Keep Beating the Oil Sector?

Renewed U.S.-Iran attacks around the Strait of Hormuz will dominate Monday’s open, but U.S. refiners look positioned to keep outperforming the broader energy sector. Valero Energy, Marathon Petroleum and Phillips 66 delivered a simple average gain of 6.0% between the July 2 and July 10 closes, compared with 3.5% for the Energy Select Sector SPDR Fund. Yes, refiners can retain that lead—but only while gasoline and diesel prices continue to outrun their crude-oil costs.
Space Stocks Week Ahead: Can SpaceX’s Nasdaq-100 Entry Reverse the Selloff?

Space Stocks Week Ahead: Can SpaceX’s Nasdaq-100 Entry Reverse the Selloff?

No, not on its own. Space Exploration Technologies’s rapid entry into the Nasdaq-100 has not produced a broad lift for space shares. SpaceX fell 10.3% from July 2 through Friday even though its inclusion was expected to generate about $4.3 billion of passive buying — automatic purchases by funds tracking the index. An equal-weight basket, giving each stock the same influence, of Rocket Lab, AST SpaceMobile and Planet Labs slid 16.7%. The split suggests validation is concentrating capital in the leader, not widening appetite for smaller space stocks.
Palantir Loses $29 Billion in Market Value in Three Days as Software Valuation Faces CPI Data

Palantir Loses $29 Billion in Market Value in Three Days as Software Valuation Faces CPI Data

Palantir Technologies Inc. closed Friday at $126.79, down 8.7% from Tuesday’s intraday high of $138.90. The stock is also 1.9% lower than where it finished on July 2 before the holiday. PLTR slid for three sessions in a row, giving up an early-week rally that at one point put shares up 7.4% compared to the level before the break.
Tesla (NASDAQ:TSLA) Ends Above Analyst Target; 28,368 Cars May Dictate What Happens Next

Tesla (NASDAQ:TSLA) Ends Above Analyst Target; 28,368 Cars May Dictate What Happens Next

U.S. markets stayed shut on Sunday. Tesla finished Friday at $407.76, up 3.6% from the July 2 close before the holiday. Tesla outperformed the Nasdaq Composite by almost two points. Even with the bounce, shares are still 4.1% under where they stood July 1, the day before Tesla posted record Q2 deliveries.
Microsoft Stock Slips Before Open as $190 Billion AI Bet Faces Wall Street Test

Microsoft Stock Forecast: Three Target Cuts Slice 10% Off — Yet Still Point to 33% Upside

Microsoft heads into Monday after Argus Research cut its price target on Friday to $510 from $620, the sharpest of three reductions issued last week. Together with cuts from BMO Capital and Wolfe Research, the new targets average $511.67 — about 10% below their prior average, yet still 32.9% above Microsoft’s $385.10 Friday close. All three firms kept positive ratings.
Bradesco (BVMF:BBDC4) up 3.4% on the day as holders see 5.3% gross return

Bradesco (BVMF:BBDC4) up 3.4% on the day as holders see 5.3% gross return

Banco Bradesco S.A. investors with preferred shares on July 3 who held through Friday got a nominal gross return of around 5.3%. That’s the share move plus the payout, compared to the straight price gain of 3.4% from close-to-close. The stock closed at R$18.86 on July 10, up from R$18.24. Holders picked up R$0.346894939 a share in interest on shareholders’ equity, or JCP, Bradesco's cash return to holders. Net JCP after 17.5% withholding is R$0.286188324, putting the net total return near 5.0%. Bradesco said it will pay by Jan. 29, 2027.
AT&T Stock’s Dividend Masks 4% Weekly Move; What’s Next

AT&T Stock’s Dividend Masks 4% Weekly Move; What’s Next

AT&T Inc. posted a 4.0% total return for the week ending Friday, calculated from the July 2 close, even with just a 2.7% climb in its unadjusted share price. The difference came from a $0.2775 quarterly dividend that went ex-div on July 10. AT&T’s 0.4% one-day Friday move works out closer to 1.75% for shareholders getting that payout. U.S. cash equity markets are closed Sunday.
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