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Daily Market Overview

Wall Street ended the day lower as optimism over a potential deal in the Strait of Hormuz faded, while oil prices saw a rally amid ongoing geopolitical tensions. In tech news, OpenAI successfully wrapped up a $7 billion share sale ahead of its anticipated IPO, and Nvidia secured $500 billion in financing, highlighting continued investor interest in AI-related stocks. Meanwhile, Trump Media reported a hefty second-quarter loss of $238 million, impacted by declining cryptocurrency values. Overall, the market remains cautious as it awaits key inflation data and further developments in the Middle East.

Latest Market Updates

Hollywood returns as Chinese rivals push abroad

Hollywood returns as Chinese rivals push abroad

less than a minute ago

Tuesday's stock stories: What’s likely to move the market in the next session

Tuesday's stock stories: What’s likely to move the market in the next session

less than a minute ago

OpenAI wraps $7 billion share sale ahead of potential IPO

OpenAI wraps $7 billion share sale ahead of potential IPO

less than a minute ago

Stock futures are steady as investors weigh Iran, Hormuz deal prospects

Stock futures are steady as investors weigh Iran, Hormuz deal prospects

less than a minute ago

Trump Media posts $238 million second-quarter loss as crypto declines

Trump Media posts $238 million second-quarter loss as crypto declines

less than a minute ago

Trump says he spoke recently to Fed Chairman Warsh, denies regular calls

Trump says he spoke recently to Fed Chairman Warsh, denies regular calls

less than a minute ago

Here's how the market may react to July's CPI report, according to JPMorgan

Here's how the market may react to July's CPI report, according to JPMorgan

less than a minute ago