"The markets remain headline driven, the most recent of which reveal progress on talks between the White House and Iran, sending stock futures higher this morning."
"In response, oil prices are easing, with WTI falling about 8% overnight to hover at about $90/barrel."
"Delta Air Lines is climbing 4% higher on a resilient revenue forecast despite elevated oil prices."
"Mobileye has secured a driver monitoring system contract with a major U.S. automaker, with production slated to begin in 2027."
Morning trading shows stock futures rising due to reported progress in U.S.-Iran negotiations, despite Iran's denial. President Trump's pause on Iranian strikes has lowered bond yields and eased oil prices. Delta Air Lines is up 4% on a strong revenue forecast. Super Micro's stock has dropped over 30% following a chip scandal. Mark Zuckerberg is developing a personal AI for Meta, while Elliott Management has invested in Synopsys, which is down 10.5% this year. Mobileye has secured a contract for a driver monitoring system, and Michael Saylor is purchasing more bitcoin.
Read at 24/7 Wall St.
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