Trump says U.S. will run Hormuz for 20% fee
Summary
Host Kim Kahn discusses President Trump’s imposition of a 20% fee on Strait of Hormuz cargo and reinstated sanctions on Iran, which spiked oil prices. Memory stocks SK Hynix and Samsung fell sharply, while Shopify rose on a Jefferies upgrade. The episode also covers potential lawsuits against Paramount Skydance’s Warner Bros. Discovery deal, Jersey Mike’s IPO plans, and bearish warnings about SpaceX’s stock.
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