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Chip stocks surge, oil slides closer to $80 on US-Iran deal, Fox to acquire Roku
Yahoo Finance Video101d agobullishVIDEO
Chip stocks surge, oil slides closer to $80 on US-Iran deal, Fox to acquire Roku

Yahoo Finance Senior Reporter Brooke DiPalma comes on Market Domination to further discuss today's biggest headlines, including memory chip stocks like Micron Technology (MU) surging as Wall Street leans more bullish on the AI trade, oil prices (CL=F, BZ=F) moving closer to $80 per barrel on news of a US-Iran peace deal, and media giant Fox (FOX, FOXA) striking a deal to acquire Roku (ROKU) for $22 billion.

Oil Prices Slump, Exxon and Valero Stocks Drop After Trump Iran Deal
Barrons.com101d agobearish
Oil Prices Slump, Exxon and Valero Stocks Drop After Trump Iran Deal

Oil prices slumped to the lowest level since early March of around $80 a barrel Monday after the U.S. and Iran reached an interim deal that would reopen the Strait of Hormuz and end the U.S. naval blockade. Valero Marathon Petroleum Phillips 66 Exxon Mobil and other energy stocks were among the sharpest decliners in the Monday as the broader market rallied amid optimism to an end to the conflict that began on Feb. 28 when the U.S. launched a military strike on Iran. President Donald Trump said “the deal is now complete” in a social media post Sunday.

Stocks Soar on US-Iran Peace Agreement
Barchart102d agobullish
Stocks Soar on US-Iran Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) today is up +1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.73%. June E-mini S&P futures (ESM26 ) are up +1.61%, and June E-mini Nasdaq futures...

Morgan Stanley Raises PT on Valero Energy (VLO) Stock
Insider Monkey103d agoneutral
Morgan Stanley Raises PT on Valero Energy (VLO) Stock

Valero Energy Corporation (NYSE:VLO) is one of the Best Bargain Stocks to Buy in June. On June 12, Morgan Stanley lifted its price objective on the company’s stock to $255 from $232 and maintained an “Equal Weight” rating on the shares. While the refining margins have softened from the mid-May peak, they are still elevated compared […]

Valero Energy (VLO) Stock After 96% One‑Year Surge Is There Still Value
Simply Wall St.104d agobullish
Valero Energy (VLO) Stock After 96% One‑Year Surge Is There Still Value

Investors may be wondering if Valero Energy at around US$255.60 is still offering value after a strong run, or if most of the opportunity is already priced in. The stock has eased about 1.3% over the past week, but is up 3.4% over 30 days, 54.6% year to date and 96.4% over the last year, with returns over three and five years of 144.4% and 283.7% respectively. This naturally raises questions about risk and valuation today. Recent coverage has focused on how large integrated refiners are...

Broader Market Settles Lower as Chip Stocks Sink
Barchart107d agoneutral
Broader Market Settles Lower as Chip Stocks Sink

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.12%. June E-mini S&P futures (ESM26 ) fell -0.36%, and June E-mini Nasdaq futures...