Israel’s Netanyahu says war with Iran, Hezbollah isn’t over after Tehran says it’s halting strikes
Israeli Prime Minister Benjamin Netanyahu said the war against Iran and its Lebanon-based proxy Hezbollah “has not yet ended,” though he insisted both are weaker than ever, CNBC reported on Monday.
His remarks came after Iran’s military said it has ceased strikes against Israel. However, Iran’s central military command warned that if Israel continued to attack, including in southern Lebanon, “much harsher and more crushing actions than before will be on the way.
US President Donald Trump said in a Truth Social post earlier Monday that, despite the latest outbreak of violence, both Israel and Iran “are looking to do an immediate CEASEFIRE!”
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 1.36% on the day at $89.77.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Franklin Templeton’s XRP ETF leads with $3.5 million inflow despite price slump
Is SpaceX a defensive AI stock?
As AI stocks face pressure, Morgan Stanley strongly supports SpaceX, stating it has the strongest defensive attributes and maintains a target price of $300. Analysts believe the company's aerospace and Starlink businesses create a cash flow moat, while long-term potential such as "Orbital AI" is almost valued at zero by the market. Combined with Elon Musk's outstanding crisis management abilities, now is seen as an excellent window to invest in this leading space-based AI giant at a low price.
Morgan Stanley gives SpaceX (SPCX.US) a new label: a “safety cushion” amid AI turmoil, with a target price of $300
Amid panic selling of AI concept stocks, Morgan Stanley analyst Adam Jonas conveyed a rather unconventional view to clients: SpaceX may in fact be one of the relatively more defensive AI-related assets during this period of market turbulence.
Crypto prices
More
