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Quartz·2 min read·medium

Iran, Oman, and the US are nearing a Hormuz deal — and SpaceX's insiders can finally sell

AI Summary

Geopolitical developments involving Iran, Oman, and the US are nearing a potential deal in the Hormuz region. Meanwhile, tech stocks are facing downward pressure due to disappointing earnings reports from companies like SanDisk and AppLovin.

SpaceX's post-IPO lockup expiration and weak results from Sandisk and AppLovin are weighing on tech stocks Thursday

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