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Oil plunges 7-8% as Trump suspends Iran strikes; US futures jump 1.5% on peace hopes.
Trump ceasefire announcement still to be agreed to by Iran. Markets rejoicing though.
Trump says US will suspend Iran strikes for two weeks under a proposed ceasefire tied to reopening Hormuz, adding a 10-point deal is close. Markets may ease near-term risk, but uncertainty remains high over whether talks hold.
Ceasefire news lifts futures 1% as oil tumbles 5%. Delta earnings loom.
TTD drops 7% on exec departures & oil surge. Down 45% YTD, it's 76% off highs.
GBX misses Q1 revenue & EPS estimates; guidance slashed. Operating margin drops, but FCF margin rises.
INTC jumps 4% on Musk's terafab deal, boosting AI chip prospects. TSLA dips 2%.
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