Rising tensions between the U.S. and Iran in the Strait of Hormuz have disrupted oil shipments, pushing oil prices up by $6 per barrel and shaking market confidence. This escalation has led to a downward revision of the S&P 500 year-end price target from 9,500 to around 8,500, reflecting stalled market momentum and a lower valuation ceiling. Although geopolitical risks have already been factored into the market, the S&P 500 is unlikely to exceed a 21x forward earnings multiple as these risks grow. Despite these challenges, strong corporate earnings are expected to support a gradual rise in the S&P 500 through the end of the year and into 2026, even if valuations contract further.
Ondo Finance has formally requested the SEC and CFTC to approve perpetual futures contracts on individual US equities, arguing that current security futures regulations already allow these products without needing new laws. The company’s Panama-based...
Strategic Minerals PLC has signed a definitive agreement to sell its Leigh Creek Copper Mine in South Australia to Cuprum Metals. The deal includes an upfront cash payment of A$750,000, with A$500,000 held in escrow pending regulatory approval, and u...
Diversified Energy Company PLC has agreed to acquire Permian Basin producer Birch for about $1.8 billion, marking its largest acquisition to date. The deal is expected to increase Diversified's production by around 35% and adjusted EBITDA by roughly ...
Lighter is conducting daily buybacks of its LIT token, maintaining its price above $3.94 using a $250 million float. This strategy stabilizes LIT's market performance and may trigger a short squeeze in Hyperliquid, as suggested by social media. Marke...
ARK Invest researcher Lorenzo Valente compared Ethereum, Solana, and Hyperliquid to three U.S. restaurant chains—McDonald's, Chipotle, and In-N-Out—to illustrate their distinct blockchain operating models and valuation frameworks. Ethereum operates l...
