Stocks Rally on US Peace Plan to End Iran War
View original at nasdaq.comStocks Rally on US Peace Plan to End Iran War The S&P 500 Index ($SPX) (SPY) today is up +0.62%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.75%…
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ARM will start selling its own chips for the first time and expects to generate about $15 billion annually within five years
60% confidenceCrude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March
60% confidenceIt is too early to determine the response to the war, and we will not act before we have sufficient information on the size and persistence of the shock and its propagation
60% confidenceQ2 home deliveries forecast of 2,250 to 2,450
60% confidenceThe initial shock may be smaller than in 2022, given a more benign macroeconomic backdrop
60% confidenceWar against Iran is disrupting 7.5% of global oil supply and the conflict will cut global oil supply by 8 million bpd this month
60% confidenceIran rejects the US ceasefire proposal and said a truce and peace talks are not viable in current conditions
60% confidence2027 net sales forecast of $13.60 billion to $13.75 billion
60% confidence2027 revenue forecast of $884 million to $889 million
60% confidenceGeneral Motors upgraded to outperform from peer perform with price target of $96
60% confidenceMore than 40 energy sites across nine countries in the Middle East have been severely or very severely damaged, potentially prolonging disruptions to global supply chains once the war in Iran ends
60% confidence