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CoinDeskBitcoin fell to $80,224.38 on May 8, 2026, as nearly $300 million in cryptocurrency futures bets were liquidated following U.S. strikes in Iran that sent oil prices surging. Ether traded at $2,280 while DeFi tokens outperformed on news of Ondo Finance's first cross-border U.S. Tr…
zerohedge.comAluminum prices on the London Metal Exchange reached $3,621 per ton, nearing levels seen during Russia's 2022 invasion of Ukraine. Emirates Global Aluminium declared force majeure on part of its contracts following strikes on its smelter. The company supplies 4% of global aluminu…
U.S. stocks rose on Friday, with the S&P 500 on track for its first record closing high since January. The gains followed optimism over a ceasefire between the U.S. and Iran and a positive January jobs report. Benchmarks are positioned for their best weekly performance since the…
NDAYAMBAJE EMMANUEL GABRIEL / Wikimedia (CC BY-SA 4.0)Shares of CF Industries fell 9 percent on the day of the announcement, marking the company's largest single-day drop since 2022. Nutrien's stock declined 5 percent. The companies produce fertilizers used in agriculture for food production.
Substrate placeholder — needs reviewA significant short position on oil was initiated hours before a ceasefire announcement, resulting in $174 million in profits. The trade's timing has raised questions about possible connections to individuals linked to former President Donald Trump or a Pakistani mediator. Detail…