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WTI CRUDE DROPS 4% INTRADAY TO $99.48/BBL; BRENT FALLS BELOW $105/BBL, DOWN 3.7%

2026-05-06

WTI CRUDE DROPS 4% INTRADAY TO $99.48/BBL; BRENT FALLS BELOW $105/BBL, DOWN 3.7%

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2026-05-06

MEXICO'S MAIN STOCK INDEX EXTENDS GAINS TO MORE THAN 2%

MEXICO'S MAIN STOCK INDEX EXTENDS GAINS TO MORE THAN 2%
2026-05-06

Short bets against Contemporary Amperex Technology Co. Ltd.’s Hong Kong shares have dropped sharply, with short interest falling to 15.4% of free float from about 26% a week earlier, the lowest since December, according to S3 Partners. The decline fo

Short bets against Contemporary Amperex Technology Co. Ltd.’s Hong Kong shares have dropped sharply, with short interest falling to 15.4% of free float from about 26% a week earlier, the lowest since December, according to S3 Partners. The decline followed a $5 billion share placement that increased share availability and lowered borrowing costs, while shorted shares fell to a five-week low. The move allowed traders to unwind positions built amid a premium to Shenzhen shares. Analysts including Morgan Stanley cited improving growth visibility, particularly in energy storage and new battery technologies, with most analysts maintaining buy ratings.
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