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U.S. stocks surged on Friday, as investors cheered Iran’s decision to open the Strait of Hormuz.
Iran reversed its Friday statement, now saying the Strait of Hormuz is tightly controlled by its forces.
KEY POINTS
- Direct U.S.-Iran talks may occur in Pakistan Monday, but no date is confirmed by Tehran.
- Tesla’s earnings call will address key updates on robotaxi, Cybercab, and Full Self-Driving timelines.
- Intel's foundry business remains unprofitable and faces intense competition from TSMC and Samsung.
- Intel stock’s 85% 2026 rally leaves it exposed to profit-taking amid weak upcoming results and guidance.
COMPANIES
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