More Oil, No Relief: Why Hormuz’s Supply Rebound Won’t Lower Prices
Persian Gulf crude exports recover to 80% of pre-war levels, but high costs keep oil stuck above $100. Get the latest market breakdown
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Global oil stockpiles hit critical lows as the G7 taps reserves. Learn why rebuilding supplies could take years amid market pressure.
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Persian Gulf crude exports recover to 80% of pre-war levels, but high costs keep oil stuck above $100. Get the latest market breakdown
Zacks highlights three stocks positioned to outperform in Q3 earnings: Lam Research, TSMC, and Marathon Petroleum. Technology and Energy sectors are expected to lead with 43.3% and 114.3% earnings growth respectively. The semiconductor industry is particularly strong with 85.5% projected earnings growth driven by sustained AI infrastructure investment, while energy benefits from elevated oil prices following Persian Gulf disruptions.
As Q3 earnings season approaches with strong tailwinds, the S&P 500 is expected to see 24.6% year-over-year earnings growth. Technology and Energy sectors are particularly strong, with semiconductor earnings projected to jump 85.5% driven by AI infrastructure investment, while Energy earnings expected to rise 114% due to elevated oil prices from Persian Gulf disruptions. Three stocks highlighted for potential outperformance are Lam Research, TSMC, and Marathon Petroleum.
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Traders see just an 11% chance of a diesel export ban this month as Goldman warns restrictions could eventually raise gasoline prices.