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Global Markets Surge, Tech Tariffs Twist & Oil Slumps – Business Roundup (Aug 10-11, 2025)

Global Markets Surge, Tech Tariffs Twist & Oil Slumps – Business Roundup (Aug 10-11, 2025)

Europe’s STOXX 600 rose 0.3% while the MSCI World index neared a record high. Bank of America said 45% of fund managers are long Nvidia and Microsoft, making big U.S. tech the most crowded trade again. Only 5% of investors expect a hard-landing recession. Oil prices fell, with Brent below $67 and WTI near $63.30.

Stock Market Today

  • Oil Prices Rise as Trump Threatens Seizure of Iran's Oil and Gas Markets
    June 11, 2026, 9:11 AM EDT. Oil prices increased following President Trump's threat to seize Iran's oil and gas markets and strike the country again. The announcement caused a spike in market tensions, with stock futures initially gaining but later paring some of those gains. The move highlights ongoing geopolitical risks affecting energy markets, raising concerns about supply disruptions. Traders remain cautious amid heightened uncertainty over U.S.-Iran relations and potential impacts on global oil supply chains.

Latest articles

Diesel Slips Again; Truckers Worry About What’s Next

Diesel Slips Again; Truckers Worry About What’s Next

11 June 2026
U.S. retail diesel prices dropped for the fifth straight week to $5.210 a gallon, down 14 cents but still $1.739 higher than last year, as crude and distillate inventories fell and traders warned that supply remains tight, raising risks that the recent price relief for freight and agriculture could reverse quickly.
D-Wave Tumbles 50%: QBTS Investors Confront Valuation

D-Wave Tumbles 50%: QBTS Investors Confront Valuation

11 June 2026
D-Wave Quantum shares plunged nearly 9% to $23.25—half their 52-week high—as investors question whether soaring bookings, up 1,994% to $33.4 million, can offset an 81% revenue drop and a $8.84 billion market cap against $12.4 million in trailing revenue; B. Riley raised its price target to $40, but the stock remains volatile amid sector-wide profit-taking and doubts over commercial adoption.
Nu Holdings stock steadies after $1 billion buyback move

Nu Holdings stock steadies after $1 billion buyback move

11 June 2026
Nu Holdings remains near its 52-week low despite a newly approved $1 billion share buyback, as analyst downgrades cite margin pressure, rising credit costs, and a CFO transition; investors are watching if the buyback can offset concerns after non-performing loans rose to 5% and credit loss allowances jumped 33% last quarter.
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