Today: 17 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

Oil Prices Jump Above $100 as Iran Conflict Cuts Supply, G7 Holds Off on Reserves

Oil Prices Jump Above $100 as Iran Conflict Cuts Supply, G7 Holds Off on Reserves

Oil surged roughly 10% Monday, touching highs not seen since 2022. Brent climbed to $102.29 a barrel, with U.S. West Texas Intermediate at $100.11 by 10:53 a.m. EDT, as the expanding U.S.-Israeli conflict with Iran rattled Gulf supplies. Output cuts from Saudi Arabia and other Gulf producers continued, piling pressure while disruptions in Strait of Hormuz shipping lingered. The front month for Brent traded around $24 above six-month contracts — a sharp backwardation that points to immediate supply strains.
Wall Street Shaken by $100 Oil: Dow Drops, Airlines Slide, Rate-Cut Bets Pushed Out

Wall Street Shaken by $100 Oil: Dow Drops, Airlines Slide, Rate-Cut Bets Pushed Out

Stocks on Wall Street slipped Monday, pressured by spiking oil that put renewed heat on inflation worries and weighed on travel and bank names, while chipmakers rebounded just enough to keep the Nasdaq mostly stable. By 11:58 a.m. EDT, the Dow Jones Industrial Average had shed 398.03 points, or 0.84%, landing at 47,103.52. The S&P 500 slipped 0.44%; the Nasdaq Composite edged down just 0.06%. “With oil prices going up 50% in a matter of weeks — that’s a displacement this market hasn’t seen in years,” said Dennis Dick, founder and market structure analyst at Triple D Trading. https://www.reuters.com/business/wall-st-futures-slump-iran-war-drags-oil-near-120-stokes-inflation-worries-2026-03-09/
Plug Power eyes AI data-center boom with 250-MW PJM hydrogen bid

Plug Power eyes AI data-center boom with 250-MW PJM hydrogen bid

Plug Power is looking to tap into surging AI data center demand, aiming to supply as much as 250 megawatts of hydrogen-fueled electricity in a possible PJM Interconnection auction—no small move on the country’s largest power grid. To pull it off, the company needs deals of at least seven years. Talks are already underway between Plug and hyperscalers, data center operators, and utilities, according to Bloomberg. Shares edged up roughly 0.2% around midday Monday.
Intel’s Delayed Ohio Chip Project Drew $1.4 Billion in 2025, and It Says No New Delay Is Planned

Intel’s Delayed Ohio Chip Project Drew $1.4 Billion in 2025, and It Says No New Delay Is Planned

Intel has told Ohio’s Department of Development it put around $1.4 billion into the state in 2025 and, as of February, wasn’t planning another holdup for its New Albany chip facility, according to a Sunday report from Columbus TV station WCMH. That’s a shift for a project Intel pushed last year to a 2030 finish for its first factory—operations slated to kick off sometime from 2030 to 2031.
9 March 2026
NVIDIA Corporation pushes deeper into factory AI with ABB robot deal ahead of GTC

NVIDIA Corporation pushes deeper into factory AI with ABB robot deal ahead of GTC

ABB’s robotics arm on Monday announced plans to weave NVIDIA Corporation’s Omniverse libraries into RobotStudio, aiming to help robots trained in simulation perform more predictably when deployed to real-world assembly lines. For Nvidia, the partnership offers a timely industrial spotlight just a week ahead of CEO Jensen Huang’s keynote at the company’s GTC conference in San Jose.
Lumentum Holdings Stock Jumps as S&P 500 Addition Extends Nvidia-Linked AI Optics Rally (News Release Archive)

Lumentum Holdings Stock Jumps as S&P 500 Addition Extends Nvidia-Linked AI Optics Rally (News Release Archive)

Lumentum Holdings surged roughly 10.6% Monday, bucking the slide across U.S. equities as buyers piled in before the photonics group's upcoming S&P 500 inclusion later this month. Shares recently changed hands near $617.81 in New York.
Stock Market Today: Wall Street Slides as Oil Nears $120 and Weak Jobs Data Stoke Stagflation Fears

Stock Market Today: Wall Street Slides as Oil Nears $120 and Weak Jobs Data Stoke Stagflation Fears

Stocks tumbled out of the gate Monday, with all three major indexes—Dow, S&P 500, Nasdaq—off roughly 1.3% by 9:44 a.m. ET. Oil flirted with $120 a barrel after Iran tapped Mojtaba Khamenei as supreme leader and President Donald Trump gave no sign of reversing course quickly, deepening worries about a drawn-out Middle East conflict. Crude held above $100 even after slipping from its earlier high.
Jefferies Financial Group Inc Says MFS Losses Seen Under $20 Million as Western Alliance Clash Deepens

Jefferies Financial Group Inc Says MFS Losses Seen Under $20 Million as Western Alliance Clash Deepens

Jefferies Financial Group Inc. said on Monday that the net earnings hit from the collapse of UK mortgage lender Market Financial Solutions, or MFS, would likely stay below $20 million. The company also rejected Western Alliance Bancorporation's claim that it owed $126.4 million tied to loans backed by First Brands receivables, or bills owed to the company.
Red Cat Holdings Stock Swings After Pentagon Drone Results Cool Rally Ahead of March 18 Earnings

Red Cat Holdings Stock Swings After Pentagon Drone Results Cool Rally Ahead of March 18 Earnings

Red Cat Holdings shares whipsawed Monday, losing ground after a public Drone Dominance leaderboard named 11 contenders for prototype contracts. SUAS News still counted the company's Teal Drones unit in the mix, but the fresh list cooled a rally that had just sent the stock to its highest point in a year last week. By mid-morning, shares had fallen roughly 4%—opening at $16.08, peaking at $16.78, and then sliding to $14.74. On Friday, they’d tagged $18.78, the stock’s highest mark in the last year.
Capricor Therapeutics Stock Rises Ahead of March 12 Update as FDA Watch on Duchenne Drug Builds

Capricor Therapeutics Stock Rises Ahead of March 12 Update as FDA Watch on Duchenne Drug Builds

Capricor Therapeutics jumped 7.6% to $30.01 early Monday after the company scheduled its fourth-quarter and full-year results for March 12, putting deramiocel—the company’s experimental treatment for Duchenne muscular dystrophy—back in focus. Duchenne is a genetic disorder that causes progressive muscle loss. Capricor plans to publish results after Thursday’s close and will hold its conference call at 4:30 p.m. ET.
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Stock Market Today

  • Australian Shares Slide, Head for Lowest Close in More Than Two Weeks as Mining and Gold Stocks Drop
    July 16, 2026, 10:26 PM EDT. Australian shares tumbled on Friday, tracking their steepest drop in over two weeks, as declines in mining and gold stocks followed weaker commodity prices. The losses were deepened by rising geopolitical tensions in the Middle East, prompting investors to become more risk-averse. Major mineral and gold companies were hit hard as softer commodity markets dampened sentiment. The slide signals heightened investor caution amid global uncertainties impacting demand and prices in the resources sector.
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