What’s News in Markets: Middle East Strikes Send Oil Higher, South Korean Chip Stocks Fall, SpaceX Stumbles
Summary
WSJ’s Imani Moise reviews market volatility driven by renewed U.S.-Iran tensions, which boosted oil and energy stocks. AI chipmakers Samsung and SK Hynix saw mixed results, with SK Hynex rallying on its NASDAQ debut despite earlier sell-offs. SpaceX shares fell 10% after joining the Nasdaq 100, reflecting wide analyst disagreement on its valuation.
Topics discussed
Sponsor: ReliaQuest agentic defense
Introduction and weekly market recap
Middle East conflict and energy sector rally
AI chip stocks: Samsung and SK Hynix volatility
SpaceX Nasdaq debut and valuation uncertainty
Outro and WSJ coverage link
Sponsor: Harvey AI for legal services
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