Piero Cingari - Benzinga

Piero Cingari

Benzinga Staff Writer

About Piero Cingari

Piero is an accomplished Italian financial writer with extensive experience in the asset management and brokerage industry. He specializes in macroeconomics, central banks, bonds, and FX markets. Piero has a keen interest in how major economic events impact the stock market, making him a sought-after commentator in the financial media. Prior to joining Benzinga, Piero served as an FX and metal analyst at Capital.com. When not analyzing financial markets, Piero loves to follow football, with Juventus being his favorite team.

Areas of Expertise

Articles by Piero Cingari

Diesel Squeeze Nobody Hedged: 4 Refiners Just Logged Their 6th Straight Week of Gains

Diesel Squeeze Nobody Hedged: 4 Refiners Just Logged Their 6th Straight Week of Gains

Valero, Marathon Petroleum, HF Sinclair and Phillips 66 have gained for six consecutive weeks as diesel crack spreads hit an all-time record.

Fed Raises Rates, Yields Hit 2007 Highs as Fuel Costs Set Records: This Week On Wall Street

Fed Raises Rates, Yields Hit 2007 Highs as Fuel Costs Set Records: This Week On Wall Street

The Fed hiked for the first time since 2023; the 10-year yield touched 5.04%, and record diesel prices hit truckers and automakers.

The Fed Hiked This Week: Stocks Have a 30-Year Playbook for This Moment (CORRECTED)

The Fed Hiked This Week: Stocks Have a 30-Year Playbook for This Moment (CORRECTED)

Fed’s first hike since 2023 may hurt stocks short term, but history shows 10.7% average one-year gains; AI and resilient households support optimism.

Bitcoin Tops $80,000, S&P 500 Slips as Yields Reclaim 5%: Stock Market Today

Bitcoin Tops $80,000, S&P 500 Slips as Yields Reclaim 5%: Stock Market Today

Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.

QUICK SPARK: General Motors Stock Sinks Over 5%, Eyeing Worst Day Since July 2025

QUICK SPARK: General Motors Stock Sinks Over 5%, Eyeing Worst Day Since July 2025

GM fell 5.2% Friday to $82.20, its steepest drop since July 2025, as record diesel and 2007-high yields squeeze Detroit.

This Crude Refiner Has Beaten Every Magnificent Seven Stock in the Last 2 Years

This Crude Refiner Has Beaten Every Magnificent Seven Stock in the Last 2 Years

Valero Energy has risen more than 200% in two years, outpacing every Magnificent Seven stock, including Nvidia. Almost the entire move came in 2026, driven by a collapse in global refining capacity rather than by the oil price. The average analyst price target now sits 31% below the stock.

Every AI Agent Needs a Gatekeeper: 3 Cybersecurity Stocks to Watch

Every AI Agent Needs a Gatekeeper: 3 Cybersecurity Stocks to Watch

AI agents are lifting cybersecurity demand and valuations. BofA raised targets on CrowdStrike, Okta and SailPoint but kept Neutral ratings.

Yen Suffers Worst Day In 2026 Despite BoJ Hiking Rates To 31-Year High: Here's Why

Yen Suffers Worst Day In 2026 Despite BoJ Hiking Rates To 31-Year High: Here's Why

The BoJ raised rates to a 31-year high of 1.25%, but a 7-2 vote and a wide Fed gap sent the yen to its worst day since December.

Wall Street Expects Micron to Earn $31 A Share This Quarter: That’s 10x From Last Year

Wall Street Expects Micron to Earn $31 A Share This Quarter: That’s 10x From Last Year

Micron reports fiscal Q4 results Sept. 30. The Street sees $31.16 a share versus $3.03 last year, yet the stock trades near 6x earnings.

Nasdaq 100 Rallies as Oil Slides, Yields Retreat: Stock Market Today

Nasdaq 100 Rallies as Oil Slides, Yields Retreat: Stock Market Today

Wall Street snapped a two-day losing streak Thursday as oil retreated from its geopolitical spike and the 10-year Treasury yield slipped back below 5%. Chipmakers led the rebound, with Intel, AMD and Micron all posting outsized gains, while gold climbed 2.5% to $4,369 an ounce. The bounce came one day after the Federal Reserve delivered its first interest rate hike since 2023 and signaled at least one more this year.

QUICK SPARK: Generac Soars Nearly 20% on $8 Billion Amazon Data Center Deal

QUICK SPARK: Generac Soars Nearly 20% on $8 Billion Amazon Data Center Deal

Generac opened 27.8% higher on a long-term generator supply agreement with Amazon, then eased to 19%. Initial deliveries total $2.4 billion.

Fed Rate Hikes Are Supposed to Hurt Bonds: This One Is Doing the Opposite

Fed Rate Hikes Are Supposed to Hurt Bonds: This One Is Doing the Opposite

The Fed raised rates for the first time since 2023. A day later, the 10-year Treasury yield slipped back below 5% and the entire curve rallied.

SK Hynix Stock Rises as Intel Ohio Talks Reignite Memory Trade

SK Hynix Stock Rises as Intel Ohio Talks Reignite Memory Trade

SK hynix rose 2.6% and Intel 3.1% premarket on reported talks to make memory chips in Ohio. Micron has the most to lose.

Wall Street’s Biggest Bull Cuts His S&P 500 Target: The Problem Isn’t Corporate Profits

Wall Street’s Biggest Bull Cuts His S&P 500 Target: The Problem Isn’t Corporate Profits

Yardeni cut his S&P 500 target without lowering earnings estimates. The Fed’s rate hike shows why strong growth can complicate stock valuations.

Chips, Asset Managers and Consumer Names Slide After Warsh's Press Conference: The 10 Biggest Losers

Chips, Asset Managers and Consumer Names Slide After Warsh's Press Conference: The 10 Biggest Losers

ON Semiconductor, Carlyle and Coeur Mining led decliners in the hour after the Fed chair spoke. Economists split on whether October or December brings another hike.

Stocks Sink, 10-Year Yield Reclaims 5% as Warsh Delivers His Hawkish Show

Stocks Sink, 10-Year Yield Reclaims 5% as Warsh Delivers His Hawkish Show

The Dow fell more than 1% and gold swung nearly three points as the new Fed chair reiterated fight against inflation.

Fed Raises Interest Rates by 0.25% for First Time Since 2023 (UPDATED)

Fed Raises Interest Rates by 0.25% for First Time Since 2023 (UPDATED)

The FOMC hiked interest by 25 basis points to 3.75%-4.00% during its September meeting, marking the first increase since 2023.

S&P 500 Gains, Crude Falls Ahead Of Fed's Expected First Hike Since 2023: Stock Market Today

S&P 500 Gains, Crude Falls Ahead Of Fed's Expected First Hike Since 2023: Stock Market Today

Crude tumbles 3.6% on a Saudi pipeline restart, easing yields and lifting chips, while the Fed prepares its first rate hike in nearly three years.

Freight Stocks Plummet as Record-High Diesel Squeezes Profit Margins: 7 Names To Watch

Freight Stocks Plummet as Record-High Diesel Squeezes Profit Margins: 7 Names To Watch

Diesel is up 70% over the past year. J.B. Hunt fell 13% on a Q3 profit warning, dragging Knight-Swift, XPO and Old Dominion lower.

QUICK SPARK: $6 Diesel Triggers JB Hunt Stock's Worst Day Since March 2020

QUICK SPARK: $6 Diesel Triggers JB Hunt Stock's Worst Day Since March 2020

J.B. Hunt shares plunged 13% after the trucking company warned that third-quarter profit could fall 5%–10% sequentially, citing diesel prices above $6 a gallon versus $3.70 a year ago.