Hormuz Tensions Light Up Oil & Rattle Stocks | Daily Market Recap

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

Kristal Research Desk

Kristal.AI

5 May3 min

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

Today: Iran strikes UAE's Fujairah energy hub breaking the two-week ceasefire, Brent surges to $114 (+5.8%), S&P 500 dips -0.41% to 7,201, Palantir beats massively after hours (revenue +85% YoY, guidance raised 10%), Nebius jumps +14% on GPU pricing strength, memory stocks rally +6% on surging DRAM forecasts, eBay pops +5% on reported $56B GameStop bid, AMD drops -4% on supply concerns, and US Treasury revises Q2 borrowing sharply higher to $189B.

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