economy
Why oil prices matter so much to DuPont, and the big earnings report to watch tonight
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- Market reached new all-time highs, driven by AI and optimism about a U.S.-Iran peace deal.
- Micron's stock soared 19% after a bullish analyst note, increasing its market cap to over $1 trillion.
- DuPont gained over 2% on hopes for an Iran deal, which could lower its input costs.
- Zscaler's upcoming earnings report will provide insights into AI's impact on cybersecurity investments.
- Several retail and apparel companies, including Dick's Sporting Goods and Abercrombie & Fitch, are set to report earnings on Wednesday.