1. Geopolitical conflict sharply escalated as the U.S. launched new strikes on Iran, triggering retaliatory threats and a closure of the Strait of Hormuz, which caused a jump in US crude oil futures.
2. Oracle shares fell 5% post-quarterly report despite surpassing revenue and earnings expectations, bolstered by $67 billion in AI infrastructure contracts and a partnership with OpenAI.
3. Spot gold plummeted below $1,100 per ounce, hitting a new low since last November, while spot silver also dropped 3% and Japan's Nikkei futures weakened by 2%.
Geopolitical Tensions Surge, Oil Jumps, Oracle Falls, Gold Plummets
