BUSINESS

ASX 200 Top Gainers: Telix Pharma Jumps 3.23% on FDA

ASX 200 Drops 0.39% as Iran Ceasefire Fragility and Oil Volatility Weigh on Investors

SYDNEY — The S&P/ASX 200 index closed lower Monday, shedding 34.6 points or 0.39% to finish at 8,926.0 as renewed uncertainty over the fragile U.S.-Iran ceasefire and fluctuating oil prices rattled Australian investors. The benchmark slipped from Friday's close of 8,960.6, with the day's trading range stretching from a high of 8,960.6 to a low of 8,889.6 amid cautious sentiment across global markets.

Failed Hormuz Talks and Trump Blockade Trigger Global Stock Sell-Off as Oil Surges Past $103

Strait of Hormuz Remains Largely Closed Despite US-Iran Ceasefire as
NEW YORK — The abrupt failure of U.S.-Iran peace negotiations in Pakistan and President Donald Trump's immediate order to blockade the Strait of Hormuz sent shockwaves through world financial markets Monday, driving oil prices above $103 a barrel and triggering sharp declines in global stock indexes as investors priced in prolonged energy disruptions and higher inflation risks.
Applied Optoelectronics

Applied Optoelectronics Stock 2026: Buy the AI Optics Surge or Sell Before the Pullback?

SUGAR LAND, Texas — Applied Optoelectronics Inc. (NASDAQ: AAOI) has emerged as one of the hottest — and most volatile — plays in the artificial intelligence data center boom of 2026, with shares surging more than 1,140% over the past year to trade around $150 as of April 10. The company's aggressive push into high-speed 800G and 1.6T optical transceivers for hyperscale customers has fueled explosive revenue guidance, yet Wall Street analysts remain divided, with consensus price targets well below current levels and warnings of significant execution risks.
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Nvidia's CEO Jensen Huang founded the chip giant three decades ago

NVIDIA Stock 2026: Buy or Sell NVDA as AI Demand and Blackwell Ramp Fuel Strong Buy Consensus

NEW YORK — NVIDIA Corp. (NASDAQ: NVDA) shares closed at approximately $188.63 on April 10, 2026, with Wall Street analysts maintaining a strong consensus "Buy" or "Strong Buy" rating as the company rides explosive demand for its AI GPUs, particularly the Blackwell platform, despite concerns over lofty valuations and potential slowdowns in hyperscaler capital spending.
Palantir

Palantir Stock 2026: Buy or Sell PLTR as AI Platform Drives 61% Revenue Growth Despite High Valuation Concerns

NEW YORK — Palantir Technologies Inc. (NASDAQ: PLTR) shares traded near $128 as of April 10, 2026, with Wall Street issuing a Moderate Buy consensus amid explosive commercial momentum from its Artificial Intelligence Platform (AIP) and steady government contract wins, though some analysts caution that the stock's premium valuation leaves limited room for error.
Fluence Energy Stock Jumps 7% as Battery Storage Leader Rides

Fluence Energy Stock Jumps 7% as Battery Storage Leader Rides AI Data Center Boom

NEW YORK — Fluence Energy Inc. shares climbed more than 7% in morning trading Friday, reaching $14.56 as investors bet on the battery storage company's strong positioning in the surging U.S. energy storage market fueled by artificial intelligence data centers, grid modernization and supportive domestic manufacturing policies.
FTSE 100 Surges 0.8% Today as Oil Eases and Markets

S&P 500 and Nasdaq Surge on Iran Ceasefire Relief Rally as Markets Eye Islamabad Talks

NEW YORK — The S&P 500 climbed to 6,837.97 and the Nasdaq Composite reached 22,951.16 in early trading Friday, April 10, 2026, extending a powerful relief rally sparked by the U.S.-Iran ceasefire and hopes that weekend negotiations in Islamabad will stabilize global energy markets and reduce geopolitical tensions.
TSMC said its net profit for the first three months of 2025 rose 60.3 percent from a year ago

TSMC Shares Surge Past 2,000 TWD as AI Demand Fuels Record Q1 Revenue Surge

TAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co. shares rocketed to a fresh intraday high of 2,000 Taiwan dollars Friday, jumping 2.30% as investors cheered the world's largest contract chipmaker's explosive growth fueled by insatiable demand for artificial intelligence processors.
Illustration shows representations of cryptocurrency Ethereum

Ethereum Dips to $2,180 as Ceasefire Rally Fades Amid ETF Inflows and CPI Watch

NEW YORK — Ethereum traded near $2,180 early Friday, easing slightly after a strong midweek surge triggered by a U.S.-Iran ceasefire announcement, while investors weighed renewed institutional interest through spot ETFs against upcoming U.S. inflation data that could sway Federal Reserve policy expectations.
Bitcoin Price Plunges Below $70,000 as Volatility Roars Back

Bitcoin Holds Steady Near $71,500 as ETF Inflows Surge on Iran Ceasefire Optimism

NEW YORK — Bitcoin traded near $71,534 early Friday, showing resilience after a sharp rebound driven by easing Middle East tensions and robust institutional buying through U.S. spot exchange-traded funds, even as investors awaited March inflation data that could influence Federal Reserve policy.
Reserve Bank of Australia

RBA Rate Hike Predictions 2026: Economists Eye Possible May Increase to 4.35% Amid Sticky Inflation

SYDNEY — With the Reserve Bank of Australia's cash rate sitting at 4.10 percent after back-to-back 25-basis-point hikes in February and March 2026, economists and financial markets are closely watching for signs of another increase as soon as the May 5 meeting, driven by persistent inflation pressures, a resilient domestic economy and global uncertainties from the Middle East conflict.

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