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Welcome to LazyListen. This is The Daily Rip for today. Thursday’s market was a rollercoaster, driven by a dramatic geopolitical shift that sent oil prices tumbling and sparked a broad rally in tech and industrial sectors.

S. military strikes against Iran, pushing crude above ninety dollars a barrel and dragging stocks lower amid inflation worries. But by early afternoon, President Trump announced that strikes were off and a ceasefire deal involving Gulf states was imminent.

This sudden reversal eased supply shock fears, sending oil prices down nearly four percent and igniting a strong market comeback. This geopolitical whiplash highlights how sensitive markets remain to Middle East tensions. While the ceasefire news was a relief, the situation is fragile.

Any renewed conflict in the Strait of Hormuz could quickly bring back the war premium in oil prices, reigniting inflation concerns and volatility in energy stocks. With risk easing, investors refocused on other drivers. The highly anticipated SpaceX IPO, expected to list Friday on Nasdaq, dominated social media chatter and fueled gains in space-related stocks like Redwire and EchoStar.

This enthusiasm reflects growing appetite for innovative, high-growth sectors tied to cutting-edge technology and exploration. Earnings reports added another layer to the market story. Adobe posted solid quarterly results and raised its full-year revenue guidance, yet shares fell sharply.

The beat on earnings and revenue wasn’t enough to offset investor concerns about artificial intelligence’s impact and leadership uncertainty after the the company's departure. I. will enhance Adobe’s creative suite or disrupt its software bundle over time.

Oracle also reported earnings, beating on per-share profits but missing revenue estimates. -related projects signals robust demand for cloud and software services, but rising costs to expand infrastructure are pressuring margins. -driven growth and heavy capital expenditures.

I. trade: demand is growing, but financing the necessary infrastructure is costly and showing up in earnings. The energy sector experienced the biggest swings amid the geopolitical news.

After the ceasefire announcement, oil prices plunged below ninety dollars, reversing earlier supply shock fears. Energy stocks ended among the worst performers, while airlines and renewable energy names benefited from easing fuel cost pressures. Stocks like United Airlines and First Solar gained as lower crude prices reduce operating costs and inflation concerns.

Still, geopolitical risks remain a wild card that could quickly reverse these trends. In semiconductors and tech hardware, stocks bounced back strongly alongside the broader rally. -driven capital spending.

I. demand. Meanwhile, some energy producers and software firms lagged.

Coterra Energy fell sharply with crude prices, while software names like PTC slid amid broader tech selling pressure. I. uncertainty.

Looking ahead to Friday, investors will watch several key events. m. Eastern, offering insight into consumer confidence amid inflation and economic uncertainty.

This data will be important for gauging consumer spending, a major economic driver. After the market close, shipping company Globus Maritime reports earnings, providing a read on the transport sector amid recent energy and trade volatility. In summary, Thursday’s market was defined by a dramatic geopolitical pivot that eased oil fears and reignited risk appetite, especially in tech and space-related stocks.

I. opportunities and the cost pressures of scaling infrastructure. Energy sector volatility underscored geopolitics as a key risk, while SpaceX IPO hype fueled excitement in space equities.

Keep an eye on oil prices, the SpaceX IPO, and consumer sentiment data as key market drivers heading into Friday. Thanks for listening. Catch you next time on LazyListen.