UPLD jumps 4.6% on de-escalation news, but remains down 52.2% YTD. High volatility persists.
GBTG jumps 1.6% on de-escalation news, but remains down 26% YTD, trading 33% below its 52-week high.
ADSK, MQ, CMRC jump on de-escalation news. Lower risk boosts growth stock valuations.
CDNS jumps 3.3% on de-escalation news, but trades 22.7% below its 52-week high.
Geopolitical calm boosts software stocks like BSY (+2.1%), UPST (+2.7%), ASUR (+2%). UPST trades 67.9% below its 52-week high.
VAC jumps 3.7% on Iran de-escalation, but volatility remains. Still 20.5% off 52-week high.
Goldman cut Q2 oil forecasts to $90 Brent and $87 WTI as risk premia ease and Hormuz flows improve, while keeping H2 outlook at $82/$80 Brent and $77/$75 WTI, signalling softer near-term prices but steady fundamentals.
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