Today: 28 June 2026
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NYSE:BATL 2 March 2026 - 8 June 2026

BATL stock steadies in premarket after doubling as Hormuz fears lift oil — what’s next for Battalion Oil

BATL stock steadies in premarket after doubling as Hormuz fears lift oil — what’s next for Battalion Oil

Battalion Oil shares were steady at $11.80 in premarket trading Tuesday after surging 113.8% Monday, tracking a sharp rise in crude prices. Brent crude climbed 4.1% to $80.89 a barrel as conflict near the Strait of Hormuz raised supply fears and pushed up shipping costs. Marine insurers have begun canceling war-risk coverage for vessels in the region, with new rates taking effect March 5.
Battalion Oil stock jumps 70% premarket as Iran conflict jolts crude prices

Battalion Oil stock jumps 70% premarket as Iran conflict jolts crude prices

Battalion Oil shares surged about 72% to $9.49 in premarket trading Monday after oil prices spiked on U.S.-Israeli strikes against Iran and shipping disruptions in the Strait of Hormuz. Brent crude rose as much as 13% before easing. BATL had closed at $5.52 on Friday. Traders are monitoring crude prices and a March 5 insurance deadline affecting Gulf shipping.

Stock Market Today

  • Sandisk's 857% Rally: Can Momentum Continue Amid NAND Supply Tightness?
    June 28, 2026, 11:35 AM EDT. Sandisk (NASDAQ: SNDK) is the S&P 500's top stock in 2026 with an 857% gain, backed by a structural NAND memory shortage confirmed by Micron's robust Q3 results. Sandisk reported $5.95 billion in Q3 revenue and forecasted $7.75-$8.25 billion for Q4, driven by a 233% quarterly growth in its data centre segment. Demand for NAND chips remains tight due to semiconductor capacity shifting to AI and high-bandwidth memory, pushing prices up 70-75%. Apple's price hikes underscore a structural supply issue, not a temporary shortage. Long-term investor confidence hinges on Sandisk's multi-year customer agreements shielding against price drops. The key question: can Sandisk sustain its ~17x revenue valuation as supply eventually adjusts to high demand?

Latest articles

Plug Power (NASDAQ:PLUG) stock heads into June 30 cash deadline after shares fall five days

Plug Power (NASDAQ:PLUG) stock heads into June 30 cash deadline after shares fall five days

28 June 2026
Plug Power (PLUG) fell 1.17% to $2.54 Friday, capping a five-day, 10.9% slide as volume jumped above average, with investors eyeing a June 30 deadline to close a $132.5M–$142M asset sale to Stream Data Centers—a key liquidity event equal to up to 64% of unrestricted cash and nearly all Q1 operating cash use—amid a shortened trading week before the July 3 market holiday.
Alphabet (NASDAQ:GOOGL) faces Gemini shortage as Chrome training draws crowds

Alphabet (NASDAQ:GOOGL) faces Gemini shortage as Chrome training draws crowds

28 June 2026
Chrome’s 70.25% global browser share cements its role as Alphabet’s key gateway for AI features and ad revenue, with Q1 Search & other ads delivering $60.4 billion—about 55% of total revenue—while Google faces supply limits for Gemini AI and ongoing antitrust risks; shares last quoted at $337.39, down 2.0%.
Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

28 June 2026
Intel shares plunged 9.3% from Monday’s 52-week high, erasing $66 billion in market value and falling back below the $700 billion threshold as chip stocks tumbled on AI spending worries, with trading volume far outpacing short interest and sector profitability questions intensifying.
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