Oil an Chip Dip Reversal 🧩

Welcome to LazyListen. This is The Daily Rip for today. Stocks bounced back Thursday as oil prices plunged and jobless claims came in steady, easing fears from Wednesday’s Federal Reserve-driven selloff.

The S&P 500 gained just under one percent, the Nasdaq climbed nearly three percent, and the Russell 2000 added close to one percent. I. infrastructure, and related tech sectors.

Crude oil dropped sharply by about thirteen percent after news that traffic through the Strait of Hormuz had resumed, easing geopolitical tensions and sending energy stocks lower. Gasoline prices followed suit, continuing their slide. This oil cooldown helped calm the market’s nerves and set the stage for tech to take the lead.

I. and chip manufacturing. Apple’s announcement that it’s raising iPhone prices due to higher component costs gave memory chip stocks a boost, with SanDisk jumping over eleven percent.

Meanwhile, SpaceX shares slipped nearly four percent, extending their post-IPO decline. I. and next-gen tech plays.

Crypto-related names remained mixed, with MicroStrategy down but Cipher Mining up, underscoring continued volatility in that space. I. themes, but they’re discerning about which companies truly deliver.

Now, let’s dig into the big platform and large-cap stories driving the tape. -based chip design and manufacturing. Intel’s stock surged over ten percent, hitting around one hundred thirty-five dollars intraday, while Apple gained half a percent.

This headline plays right into Intel’s narrative of a domestic manufacturing comeback backed by national industrial policy. The market reaction shows investors are pricing in a potential real partnership that could bring meaningful foundry volume to Intel. But confirmation matters — if this is just talk, the stock may have gotten ahead of itself.

The community remains split between optimism about Intel’s revival and skepticism over its valuation, which now implies a lot of future growth. I. chips to other companies’ data centers.

-exclusive advantage, powering clients like OpenAI and Uber. I. hardware space, tapping into growing demand for sovereign and localized compute power.

Amazon highlighted that Trainium has generated over two hundred twenty-five billion dollars in revenue commitments, with the next-generation Trainium4 expected next year. I. I.

infrastructure. The market and community responded positively, viewing this as a smart extension of Amazon’s cloud dominance. I.

compute group saw several winners. QuantumScape jumped over sixteen percent after Honda signed a solid-state battery research deal, signaling progress in next-gen energy storage. Micron and SanDisk both rallied on Apple’s price hike news, reflecting expectations of higher memory chip demand and pricing.

In the quantum tech space, Arqit Quantum climbed eight percent after settling a lawsuit that had been weighing on the stock. -driven optimism following commentary on its medical ultrasound technology. On the downside, energy names like Coterra fell over eight percent, pressured by the oil price drop.

Retailer Kroger tumbled nearly nine percent after missing profit expectations, highlighting ongoing consumer spending challenges. -related demand, dragging down peers Cognizant, EPAM, and Accenture itself, which plunged nearly twenty percent on disappointing bookings and guidance. Looking ahead to Friday, keep an eye on any further developments in chip manufacturing partnerships, especially Intel and Apple’s collaboration.

I. chip sales and whether that spurs competition in cloud hardware. Oil prices and geopolitical news around the Strait of Hormuz remain key macro factors to monitor, as they continue to influence energy stocks and broader market sentiment.

I. demand is shaping corporate spending. I.

infrastructure plays, as they remain the market’s current favorite themes amid ongoing innovation and investment. Thanks for listening. Catch you next time on LazyListen.