Brent Crude Sinks Below $90 as Wall Street Futures Rally on Iran Optimism
Brent crude dropped over 3% below $90 a barrel and Nasdaq futures jumped 0.9% as signs of Iran de-escalation lifted chipmakers and eased bond yields.
Brent crude dropped over 3% below $90 a barrel and Nasdaq futures jumped 0.9% as signs of Iran de-escalation lifted chipmakers and eased bond yields.
Bitcoin opened at $78,982.27 on August 25, 2026, up 1.6% from the prior session and its best opening in over three months, while Ethereum climbed to $2,482.37.
Treasury Secretary Bessent’s Yen intervention and doubled bond buybacks spark debt crisis talk, with Japan, China, India and Brazil already trimming Treasury holdings.
Intel dropped 5%, AMD 4% and Micron 5.8% ahead of Nvidia’s Wednesday report, with the S&P 500 slipping to 7,652.86 amid analyst warnings of a possible 20% drawdown.
South Korea’s LS Electric expanded a power infrastructure deal 117% to $165.72 million as its unnamed Big Tech client scales up AI data center capacity in Texas and Utah.
A new Reuters/Ipsos poll shows just 31% of Americans back the six-month Iran conflict, as US strategy shifts toward an economic sanctions push targeting five key sectors.
Iran vows retaliation against expanded US sanctions as its currency sinks to a record low, with the Strait of Hormuz — a route for a fifth of global oil trade — still at the center of the standoff.
Surging data center power demand from AI is pushing Big Tech to build its own plants and drawing private equity firms into utility asset deals across the US.
Abra’s Bill Barhydt forecasts Bitcoin retesting $85,000 before a pullback, framing BTC near $76,580 as the future collateral layer for AI-driven markets.
AMD plans to invest more than $10 billion in Taiwan to expand advanced chip packaging capacity alongside TSMC, as CEO Lisa Su targets AI hardware bottlenecks.