Welcome to Markets Desk, your midday read on what's moving markets and the world behind them.
Asian equities are trading mixed this Monday, caught between Friday's Wall Street tailwinds and a fresh escalation in U.S.-Iran tensions after both sides publicly rejected each other's latest peace proposals. That geopolitical friction is keeping investors cautious heading into the week.
Speaking of energy and the Middle East, Shell is drawing renewed attention as conflict in the region has effectively shuttered the Strait of Hormuz, tightening global oil supply with no clear resupply path in sight. Analysts are asking whether SHEL represents a compelling buy ahead of what could become a prolonged supply squeeze, with energy markets already on edge.
Shifting to gaming and sports betting, Flutter Entertainment got a post-earnings lift as its FanDuel business showed meaningful signs of stabilization. The stock remains down more than sixty percent from its highs, which means even a modest recovery in user engagement and handle could translate into significant upside from current levels. Investors are watching closely.
That's the tape. Markets Desk, signing off the floor.["https://www.forbes.com/sites/timcasey/2026/05/10/knicks-complete-sweep-and-advance-to-2nd-straight-conference-finals/","https://www.benzinga.com/money/ford-stock-price-prediction","https://www.nasdaq.com/articles/asian-markets-trade-mixed-5","https://www.benzinga.com/money/costco-stock-price-prediction","https://www.nasdaq.com/articles/3-top-stocks-buy-may","https://www.nasdaq.com/articles/world-burning-through-oil-no-resupply-sight-shel-stock-buy-squeeze-gets-worse","https://www.marketbeat.com/originals/flutter-sees-post-earnings-boost-as-fanduel-shows-signs-of-recovery/","https://www.marketbeat.com/stock-ideas/3-healthcare-stocks-set-to-benefit-from-the-one-big-beautiful-bill/"]📺 Markets Desk · 4 AM Update · player loading…