U.S. Markets in an AI Frenzy and Geopolitical Sigh of Relief – Oil Prices Collapse After Outlook on Hormuz Deal – SpaceX Shocks Investors with $18 Billion Investment – AMD Shines with Record Revenue but Plummets – Astera Labs Crushes Expectations with Revenue Doubling – Arista Networks Raises Forecast After Billion-Dollar Quarter – Booking Holdings Resists Crisis Anxiety with Robust Travel Numbers

After the most recent trading day on Tuesday, August 4, 2026, U.S. markets experienced a spectacular rally. The Dow Jones climbed by 1.71% to close at 54,085.94 points, while the S&P 500 rose by 1.79% to 7,736.53 points. The tech-heavy Nasdaq Composite surged by an impressive 2.59% to 26,584.99 points. The buying mood was fueled by massive signs of easing tensions from the Middle East. U.S. Treasury Secretary Scott Bessent hinted at a forthcoming agreement to open the Strait of Hormuz, sending oil prices into a freefall. This was supported...