Global Markets Today: Asian stocks mixed, oil extends gains AP Synopsis Asian markets showed cautious optimism as crude oil prices experienced slight increases, with eyes on potential agreements in the Middle East.
Technology stocks thrived, particularly CoreWeave, which soared following an upgraded forecast.
Investors are navigating between geopolitical uncertainties and the Federal Reserve's interest rate strategies, with significant US inflation data looming ahead.
Meanwhile, gold prices dipped from a recent two-month high amid ongoing conflict concerns.
By Bloomberg Aug 12, 2026, 06:32:00 AM IST Follow us Crude oil posted a modest gain as traders remained wary over the prospects for a Middle East deal, tempering the mood ahead of crucial US inflation data.
Sentiment toward technology stocks remained buoyant, with CoreWeave Inc. shares surging after the company bolstered its outlook.ADVERTISEMENT Brent edged 0.3% higher to $89.10 a barrel, rising for a sixth session.
The advance came despite Pakistan’s defense minister saying the US and Iran are “close to some sort of arrangement” over the Strait of Hormuz, while both sides appeared to harden their positions in the long-deadlocked negotiations.Technology remained in focus with CoreWeave shares surging 14% in extended trading after the artificial intelligence spending frenzy spurred faster sales growth than anticipated.
Super Micro Computer Inc. rallied over 7% in post market after giving a revenue forecast that topped estimates.
