Prediction market odds for an Iran nuclear deal surged today as Trump touted a call from "the right people". CVX Chevron and XOM Exxon rallied on potential Strait of Hormuz reopening. Oil traders competed for final Gulf cargoes as prewar tankers unloaded at refineries this week.
BP.L hailed an "exceptional quarter" for oil traders. The British major capitalized on energy volatility as Iran war entered its fourth week. FT reported the last Hormuz tankers reached refineries intensifying global scramble for barrels.
European stocks closed higher on peace talk optimism. Asian markets showed mixed results as China export data missed estimates. The dollar held firm before Trump's Iran deadline extension.
GS Goldman Sachs Q1 results fell short triggering analyst forecast cuts. The investment bank reported today as analysts expected bumper profits from weak dollar and oil trading volatility. WFC Wells Fargo CEO flagged oil price impact while calling the economy resilient.
Bitcoin hit $75,000 sparking debate about rally sustainability. COIN Coinbase surged Tuesday on digital asset momentum. Options activity exploded as traders positioned for volatility continuation through tomorrow's expiry.
AVGO Broadcom grabbed heavy options flow on semiconductor strength. The chip giant displayed 21 expiries through July showing dense institutional hedging.
Goldman cut SOFI SoFi price target to $20 maintaining neutral. HOTH Hoth Therapeutics grabbed attention as small company study flagged edge in fatty liver drug challenging Novo Nordisk dominance.
Private credit exposure turned investors away from US life insurers. The SEC dismissed systemic risk concerns about adding unlisted assets to retail portfolios.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
