Keyword → SO

US Iran Ceasefire Agreement Halts Gulf Attacks; Oil Prices Drop 3.2% as Hormuz Shipping Resumes

The United States and Iran agreed to immediately halt tit-for-tat military strikes in the Gulf region following weekend clashes over the Strait of Hormuz. Oil futures plunged more than 3% on the news as shipping lanes reopened and technical talks are scheduled to resume in Doha this week. The de-escalation eases immediate supply disruption fears for global energy markets and supports risk assets.

Micron Technology Q3 2026 Revenue Expected Up Nearly 270% — AI Memory Demand Becomes Key Test for Semiconductor Rally

Micron Technology is expected to report fiscal Q3 2026 revenue of roughly $34.5 billion, representing nearly 270% year-over-year growth driven by AI memory demand. Investors are closely watching high-bandwidth memory pricing, data center spending trends, and management guidance after a sharp semiconductor selloff erased more than $1 trillion from Nasdaq 100 market value. The earnings report is widely viewed as the most important near-term catalyst for the AI infrastructure trade and broader semiconductor sector sentiment.

S&P 500 Futures Rise After Tuesday's 1.44% Decline — Technology Shares Attempt Stabilization Following Global Selloff

U.S. stock index futures moved higher after Tuesday's sharp decline, with investors attempting to stabilize sentiment following a global technology selloff. The previous session saw the Nasdaq fall more than 2% while South Korea's KOSPI suffered one of its steepest declines in years. Market participants are now focused on Micron earnings, Federal Reserve bank stress-test results, and signs that AI-related demand remains strong enough to support elevated technology valuations across global equity markets.

U.S.-Iran Interim Deal Reopens Strait of Hormuz — Oil Prices Fall to Pre-War Levels

A temporary agreement between the United States and Iran has reopened the Strait of Hormuz and sharply reduced geopolitical risk premiums embedded in crude oil prices. The development has eased concerns over global energy supply disruptions and improved investor sentiment across equities. Lower energy costs could support consumer spending and corporate margins, although uncertainty remains around whether the agreement will evolve into a lasting diplomatic framework.

US-Iran Ceasefire Sends Nasdaq Futures Up 2.2% — Oil Crashes Below $80 as Strait of Hormuz Reopens

Nasdaq 100 futures jumped 2.2% and S&P 500 futures rose 1.3% on Monday after the US and Iran agreed to a ceasefire that will reopen the Strait of Hormuz to oil traffic. Brent crude tumbled toward $83 a barrel from above $88, its sharpest drop in months. Gold and Bitcoin also climbed as risk appetite returned, while the dollar weakened against major currencies on reduced geopolitical risk premia.

U.S. Navy Seizes Iranian Cargo Ship Touska, Tehran Shuts Hormuz Again; Ceasefire Talks Collapse as Oil Surges 7%

The USS Spruance fired on and seized the Iranian-flagged cargo vessel Touska in the Gulf of Oman after it defied U.S. blockade warnings over six hours, triggering Iran to reimpose full closure of the Strait of Hormuz on Saturday. Tehran's foreign ministry announced Monday it has no plans to attend a second round of Islamabad peace talks, sending WTI crude surging 7% above $89 and U.S. equity futures falling sharply as the fragile ceasefire — set to expire Wednesday — appears on the brink of collapse.

Magnificent Seven ETF Up 14% in April as Big Tech Rally Faces Its First Real Test of the Week

The Roundhill Magnificent Seven ETF has surged more than 14% in April alone — on track for its largest monthly gain on record — led by Tesla's 15% weekly rally and Microsoft's near-14% weekly gain, its best week since 2007. But with the group's collective Q1 earnings expected to show 20% EPS growth and Iran tensions reigniting Monday, analysts warn the rally's technical foundation remains fragile without broader market breadth confirmation.

Retail Sales, Warsh Hearing, and Expiring Ceasefire: The Three Macro Events That Will Define This Week's Market Direction

Beyond the earnings deluge, three macro catalysts will determine whether the stock market's historic April rally can hold or unravel this week: Tuesday's retail sales data for March, expected at plus 1.4% month-over-month and closely watched as a consumer health indicator; Kevin Warsh's Fed chair confirmation hearing also Tuesday; and the Wednesday expiration of the US-Iran ceasefire, which now appears at serious risk of collapse following the weekend ship seizure and Hormuz re-closure.

Trump Orders U.S. Naval Blockade of Strait of Hormuz After Iran Peace Talks Collapse

President Trump ordered the U.S. Navy to blockade the Strait of Hormuz on Sunday after weekend peace negotiations in Islamabad between the U.S. and Iran ended without a deal. The move sent oil prices surging past $103 per barrel, rattled global equity markets, and reignited fears of a prolonged energy supply shock that could deepen inflationary pressures across the global economy.