Peace hope boosts DAX and Wall Street – Oil prices in free fall after Hormuz opening – AMD surges to a new all-time high thanks to AI mega contracts – Netflix stock plummets after founder exits – PepsiCo celebrates strong revenue comeback with clever snack discounts – Uber grabs million-dollar stock package from Delivery Hero

Surprising opening of the Strait of Hormuz sends oil prices plummeting and gives Wall Street a triumphant trading start The surprising announcement from Iran that it will open the strategically important Strait of Hormuz for merchant ships for the remaining duration of the ceasefire between Israel and Lebanon brings great relief and noticeable gains on the American Wall Street. Driven by this news, the historic Dow Jones starts trading with a significant gain of 1.2% at 49,181 points, while the broad-based S&P 500 rises by 0.7% to 7,092...