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WTI Crude Gains 6.5% as US Inventories Drop 8.6 Million Barrels

WTI crude oil gained 6.5% during the week ending October 16, driven by an 8.6 million barrel decline in US commercial crude inventories. The inventory draw, reported by the Energy Information Administration, reflected production disruptions in the Gulf of Mexico caused by Hurricane Isaias. Brent cru
CL0.73%
GateMacroTradfiHub·3m ago
WTI Crude Gains 6.5% as US Inventories Drop 8.6 Million Barrels

SpaceX Stocks Fall 2.33% as Ukraine Starshield Dispute Escalates

SpaceX (NASDAQ: SPCX) closed at $148.62 on October 15, shedding 2.33% from its previous close of $152.16. The stock came under scrutiny amid tensions between Elon Musk and Ukrainian President Volodymyr Zelensky over Starlink's military role, following a series of public exchanges and reports of
SPCX-2.15%
GateMacroTradfiHub·20m ago
SpaceX Stocks Fall 2.33% as Ukraine Starshield Dispute Escalates

Nasdaq and Partners Explore 3AM US Stock Trading Potential

Nasdaq, Cboe, Morgan Stanley, OTC Markets, and TraditionData are exploring the potential for US stock trading at 3AM. The discussion, highlighted by a tweet from @PythNetwork, focuses on improving market accessibility for investors. As the trading landscape evolves, this collaboration among major
NDAQ0.40%
CBOE0.88%
MS0.80%
GateMacroTradfiHub·32m ago
Nasdaq and Partners Explore 3AM US Stock Trading Potential

Evercore Raises SpaceX Price Target to $275, Cites Starship Catalysts

SpaceX received a bullish Wall Street call on Friday as Evercore raised its price target on the stock to $275 from $230, citing 'transformative catalysts' next year. Analyst Kutgun Maral maintained an 'Outperform' rating, implying roughly 87% upside from current levels. Evercore expects investors to
SPCX-2.15%
GateMacroTradfiHub·33m ago
Evercore Raises SpaceX Price Target to $275, Cites Starship Catalysts

Blue Origin Plans $330M Florida Expansion for New Glenn Production

Blue Origin announced Friday plans for a $330 million expansion of its Rocket Park campus in Cape Canaveral, Florida. The expansion will add two launch and landing pads for its New Glenn rocket and enable production of up to 150 upper stages annually by summer 2027. The company aims to support
SPCX-2.15%
AMZN-0.25%
GateCryptoFrontier·58m ago
Blue Origin Plans $330M Florida Expansion for New Glenn Production