Market-Moving News for July 8th
USO: 4% | Oil is trading higher after the U.S. Department of the Treasury's Office of Foreign Assets Control revoked Iran-related General License X and issued Iran-related General License X1. Multiple ships, including a Qatari LNG tanker, were struck by Iranian forces in the Strait of Hormuz. BABA: 11% | China Could Restrict Global Access to Alibaba and ByteDance AI Models As Beijing Tightens its Grip on Advanced AI: Report IOTR: 79% | IOThree shares are trading higher after the Chairman and CEO issued a letter detailing a year-over-year increase in the company's FY26 revenue results.
USO: 4% | Oil is trading higher after the U.S.
Department of the Treasury's Office of Foreign Assets Control revoked Iran-related General License X and issued Iran-related General License X1.
Multiple ships, including a Qatari LNG tanker, were struck by Iranian forces in the Strait of Hormuz.
BABA: 11% | China Could Restrict Global Access to Alibaba and ByteDance AI Models As Beijing Tightens its Grip on Advanced AI: Report IOTR: 79% | IOThree shares are trading higher after the Chairman and CEO issued a letter detailing a year-over-year increase in the company's FY26 revenue results.