WS #13440
The dominant theme is a potential US-Iran-Oman interim deal to reopen the Strait of Hormuz, with multiple sources (Axios, Sputnik, ANI, The Hindu, Daily Star) corroborating that an announcement could come Wednesday. This is a high-significance geopolitical development that directly impacts oil prices, shipping, and risk sentiment. Trump's threat to 'hit very hard' if the strait isn't reopened adds a hawkish counterweight, but the overall narrative is de-escalatory, supporting the recent equity rally and pressuring crude. Separately, earnings season is driving individual stock moves: Amgen (AMGN) and Booking (BKNG) beat estimates, while Lucid (LCID) missed on EPS and AMD fell after hours despite a revenue beat. SpaceX's first earnings report showed strong revenue but AI capex concerns, dragging its stock. These company-specific signals are actionable for the next trading session.
Topics
Key developments
- US, Iran, Oman near interim Hormuz deal; announcement expected Wednesday
- Amgen beats Q2 estimates, raises FY guidance
- Booking Holdings beats Q2 estimates, stock up 6% after hours
- Lucid misses EPS, stock down 8% after hours
- AMD beats revenue but falls 8.8% after hours on soft guidance
- SpaceX first earnings: revenue $7.8B, but AI capex concerns sink stock 7.5%