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Oil Plunges As Iran 'Completely Opens' Hormuz, US Reportedly 'Mulls' $20BN Cash-For-Nukes Deal,
Oil Plunges As Iran 'Completely Opens' Hormuz, US Reportedly 'Mulls' $20BN Cash-For-Nukes Deal,
Summary
Iran's Aragchi says "Strait of Hormuz is declared completely open"
US mulls cash-for-uranium deal as 'three-page' MOU peace plan takes shape
Peace talks reportedly on Sunday in Islamabad
Iran Opens Hormuz
In a rather shocking turn of events, Iran's Foreign Minister Seyed Abbas Aragchi posted on X that the Strait of Hormuz is open:
"In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,...
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Aug 10, 2026 / Tyler Durden
Futures Erase Overnight Gains As Oil Hits One-Week High, Yen Slides
Futures Erase Overnight Gains As Oil Hits One-Week High, Yen Slides
US equity futures start the new week barely higher, having erased almost all of their overnight gains, yet still trading at all time highs, led by Tech with small caps starting the week in the red. As of 8:00am ET, S&P futures are fractionally in the green as traders look to the next big data print from the US this week in the form of CPI and PPI updates, as bets on September rate hikes tumbled after Friday's jobs debacle;...
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Mar 10, 2026 / Tyler Durden
Oracle Jumps On Solid Earnings And Guidance Boost Despite Soaring CapEx And Cash Burn
Oracle Jumps On Solid Earnings And Guidance Boost Despite Soaring CapEx And Cash Burn
There was much anxiety ahead of Oracle's Q3 earnings release: yes, revenue growth would be solid but would it come at the expense of even more capex, which has sent the stock price tumbling more than 50% since its record high on Sept 10. In the end, it turned out the company had learned from recent mistakes and projected a goldilocks future: strong revenue and just right capex.
Here is what Oracle reports for Q3:
Adjusted EPS $1.79...
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May 22, 2026 / Tyler Durden
Hope And Reality
Hope And Reality
By Teeuwe Mevissen, Senior Macro Strategist at Rabobank
Since the start of the Iran war the market has had a tendency to view the likelihood of a peace agreement with a ‘glass half full’ attitude.
Once again, markets have found some comfort in encouraging remarks from both the US and Iran, even though both sides are making it clear that there are still major sticking points on critical issues.
US Secretary of State Rubio has suggested that there are “some goods signs” towards finding a resolution. This is despite Iran’s...
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