Today: 12 July 2026
Oil Price Forecast This Week: Brent’s 6% Slide Leaves Traders Staring at $120 Risk
12 July 2026

Oil Week: Diesel Premium Nears $80, Brent Sees Fresh Monday Gap

Oil futures set up for a choppy start Monday as U.S. and Iranian forces launched major missile and drone attacks over the weekend. Tehran said the Strait of Hormuz was shut, but Washington said ship traffic continued. U.S. Central Command said it hit 140 Iranian military positions Saturday after attacks on merchant ships.
Oregon backs away from bid to delay Paramount–Warner Bros—Spread at 16.6% draws focus

Oregon backs away from bid to delay Paramount–Warner Bros—Spread at 16.6% draws focus

Oregon’s attorney general has pulled a court motion asking for a delay of Paramount Skydance Corp’s $110 billion deal for Warner Bros. Discovery Inc, clearing the closest legal hurdle for now. But the state’s broader suit is still on. Oregon said it’s weighing its next move after Paramount pushed back against requests for records tied to its regulatory lobbying.
ExxonMobil posts $5B profit gain, shares slide $12B in value

ExxonMobil posts $5B profit gain, shares slide $12B in value

ExxonMobil Holdings Corporation closed Friday at $138.88, down 2.0% from Tuesday’s close. This came even after the company indicated about $5 billion in second-quarter earnings growth from Q1. U.S. markets were closed for the weekend. The parent company switched to the ExxonMobil Holdings name on July 2, replacing Exxon Mobil Corporation as the NYSE-listed entity, but kept the XOM ticker.
Fervo’s $8 Billion Stock Value Tops Ormat — Now Comes the $1 Billion Cost Test

Fervo’s $8 Billion Stock Value Tops Ormat — Now Comes the $1 Billion Cost Test

Fervo Energy Company closed Friday at $27.13, giving the geothermal developer a $7.99 billion equity value — about 17% more than Ormat Technologies, an established listed geothermal operator worth $6.80 billion. That premium now rests heavily on whether Fervo’s new 21-day drilling record can translate into lower plant costs and reliable power sales.

Bending Spoons Rejects 99.96% of Applicants—but Its 83% Founder Vote Is the Real Investor Test

Bending Spoons Rejects 99.96% of Applicants—but Its 83% Founder Vote Is the Real Investor Test

Bending Spoons hired just 286 people from roughly 800,000 applicants in 2025—an acceptance rate of 0.036%—while its four founders retained 82.71% of voting power after the Milan-based software group went public. The pairing puts two kinds of scarcity at the centre of its first post-IPO test: access to the core team and access to corporate control.
Union Pacific’s Big Boy 4014 Draws Crowds in Leetsdale, 13% Merger Discount Catches Investor Attention

Union Pacific’s Big Boy 4014 Draws Crowds in Leetsdale, 13% Merger Discount Catches Investor Attention

Union Pacific plans to bring its Big Boy No. 4014 steam locomotive into Leetsdale for a 30-minute stop at 6:15 p.m. Saturday. The engine’s first eastern tour is running over Norfolk Southern tracks and has turned into a visible roadshow for the railroads’ planned $85 billion merger. Pennsylvania officials estimated about 100,000 people came to the locomotive’s Altoona stop this week.

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Tesla (NASDAQ:TSLA) Ends Above Analyst Target; 28,368 Cars May Dictate What Happens Next

Tesla (NASDAQ:TSLA) Ends Above Analyst Target; 28,368 Cars May Dictate What Happens Next

U.S. markets stayed shut on Sunday. Tesla finished Friday at $407.76, up 3.6% from the July 2 close before the holiday. Tesla outperformed the Nasdaq Composite by almost two points. Even with the bounce, shares are still 4.1% under where they stood July 1, the day before Tesla posted record Q2 deliveries.
Microsoft Stock Slips Before Open as $190 Billion AI Bet Faces Wall Street Test

Microsoft Stock Forecast: Three Target Cuts Slice 10% Off — Yet Still Point to 33% Upside

Microsoft heads into Monday after Argus Research cut its price target on Friday to $510 from $620, the sharpest of three reductions issued last week. Together with cuts from BMO Capital and Wolfe Research, the new targets average $511.67 — about 10% below their prior average, yet still 32.9% above Microsoft’s $385.10 Friday close. All three firms kept positive ratings.
Bradesco (BVMF:BBDC4) up 3.4% on the day as holders see 5.3% gross return

Bradesco (BVMF:BBDC4) up 3.4% on the day as holders see 5.3% gross return

Banco Bradesco S.A. investors with preferred shares on July 3 who held through Friday got a nominal gross return of around 5.3%. That’s the share move plus the payout, compared to the straight price gain of 3.4% from close-to-close. The stock closed at R$18.86 on July 10, up from R$18.24. Holders picked up R$0.346894939 a share in interest on shareholders’ equity, or JCP, Bradesco's cash return to holders. Net JCP after 17.5% withholding is R$0.286188324, putting the net total return near 5.0%. Bradesco said it will pay by Jan. 29, 2027.
AT&T Stock’s Dividend Masks 4% Weekly Move; What’s Next

AT&T Stock’s Dividend Masks 4% Weekly Move; What’s Next

AT&T Inc. posted a 4.0% total return for the week ending Friday, calculated from the July 2 close, even with just a 2.7% climb in its unadjusted share price. The difference came from a $0.2775 quarterly dividend that went ex-div on July 10. AT&T’s 0.4% one-day Friday move works out closer to 1.75% for shareholders getting that payout. U.S. cash equity markets are closed Sunday.
Gold, silver extend historic plunge as margin calls spread after Trump’s Fed pick

Gold, Silver Week Ahead: Why a Hormuz Shock May Hurt Bullion Before It Helps

With bullion markets closed for the weekend, gold and silver are set to reopen in Asian trade on Monday into a fresh escalation around the Strait of Hormuz. But the first response may again be higher oil and rate expectations rather than a clean safe-haven bid: Iran said the waterway was closed, while U.S. Central Command said traffic was flowing after heavy strikes on Sunday.
US Stock Market Week Ahead: CPI, Bank Earnings and the Fed Converge in a 90-Minute Tuesday Test

US Stock Market Week Ahead: CPI, Bank Earnings and the Fed Converge in a 90-Minute Tuesday Test

Wall Street heads into Monday with the VIX, an options-based gauge of expected S&P 500 swings, at 15.03 — only about 12% above its 52-week low — even though Tuesday will pack five major-bank reports, June inflation and Federal Reserve Chair Kevin Warsh’s testimony into one morning. From the consumer price index at 8:30 a.m. ET to Warsh’s appearance at 10, investors get 90 minutes to reprice rates and earnings after the bank results land before the opening bell. U.S. cash equity markets were closed Sunday.
Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia Oyj heads into Monday with the Helsinki market closed for the weekend, after big swings last week. Shares soared 9.64% on Thursday as the company showed off its first operational results from the NestAI defence partnership. Nokia finished Friday at €10.90. Thursday's rally pushed up market value by about €5.5 billion, using the 5.6 billion shares not owned by the company, or 55 times the €100 million joint investment from Nokia and Tesi tied to the partnership.
Plug Power Shares Drop 15.5%, Wipe Out $570 Million After 50 MW Miss

Plug Power Shares Drop 15.5%, Wipe Out $570 Million After 50 MW Miss

Plug Power Inc. shed roughly $570 million in market value last week, using Friday's market cap and keeping the share count steady. This came despite the company announcing a big electrolyzer order out of Australia. With U.S. cash markets closed Sunday, the latest quote is still Friday’s close at $2.23, down 15.53% across five sessions. Plug Power finished the week valued near $3.10 billion.
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