Iran Hopes Hammer Oil, Stocks Brace for PCE | Daily Market Recap

Your 3-minute daily market update - simplified for busy investors.

Today: Oil crashes -5.6% to $88.69 as Iranian state TV reports draft MoU framework with the US, S&P 500 holds flat at 7,520 just below record highs, Snowflake explodes +30% on 34% product revenue growth and $6B Amazon Graviton deal, Zscaler collapses -31% on weak ARR guide dragging entire cybersecurity sector down 3-4%, AppLovin surges +10% as Meta clears key ad catalyst, Meta launches paid subscriptions across Instagram and Facebook, Amazon's AWS AI backlog crosses $35B growing 300% YoY, and TSMC reportedly raising 3nm prices 15%.

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