Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Tech Stocks Soar, Oil Prices Plummet Amid Global Market Volatility

Guavy AI Editorial Team
Instruments
Oil
Share

Markets witnessed a volatile shift in focus on Monday, with technology stocks surging and oil prices plummeting. ARM Holdings (ARM) led the charge, rising by 17.16%, while Astera Labs (ALAB) and Akamai Technologies (AKAM) added 12.36% and 12.33% respectively.

Oil stocks took a hit, with WTI crude falling sharply after US President stated that Iran wanted to negotiate a peace deal. Despite the attempted breakthrough, prices dropped anyway. Brent Crude prices fell by 3.4%, trading at around $100/bbl, while Nymex crude for October declined by 4.5% to around $96/bbl.

The drop in oil prices was particularly notable given the rise in diesel prices. According to AAA, diesel prices topped $6.51/gal on Monday, with California recording a staggering $8.40/gal and Washington and Hawaii facing prices in the low $7/gal range.

More on Commodities

Commodities 4m ago

Alberta Premier Smith Touts Pipeline Expansion with AI-Driven Safety

Commodities 4m ago

Imperial Oil Rejects Alberta Separatism, Cites Importance of United Canada

Commodities 4m ago

Imperial Oil CEO Weighs Against Alberta Separatism

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy