Traders are exhibiting unexpected confidence in IT stocks ahead of the Q4 results season, cutting bearish bets and initiating long positions. This shift is driven by expectations of a slowdown in AI adoption, coupled with attractive valuations and oversold conditions, signaling a potential contrarian opportunity for the sector.
Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?
Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-Iran peace treaty, which could enable access
August 6, 2026