Iran Deal Sends Oil Cratering, Markets Ripping — Here's Every Winner and Loser From the Week's Biggest Trade
From a two-page nuclear MOU to SpaceX overtaking Amazon, the week's social sentiment had more plot twists than a prestige drama
Ticker Ratings
| Ticker | Rating | Entry Price | Current | $ Gain | % Gain |
|---|---|---|---|---|---|
| SPCX SPACE EXPLORATION TECHNOLOGIES CORP | buy | $209.46 | — | — | — |
| COIN Coinbase Global, Inc. | buy | $171.15 | — | — | — |
| WDC WESTERN DIGITAL CORP | buy | $689.37 | — | — | — |
| CRDO Credo Technology Group Holding Ltd | buy | $244.65 | — | — | — |
| QCOM QUALCOMM INC/DE | buy | $218.79 | — | — | — |
| ROKU ROKU, INC | hold | $139.87 | — | — | — |
| FOX Fox Corp | hold | $48.29 | — | — | — |
| CRM Salesforce, Inc. | buy | $161.39 | — | — | — |
| NVO NOVO NORDISK A S | hold | $43.70 | — | — | — |
| LLY ELI LILLY & Co | buy | $1127.95 | — | — | — |
| NFLX NETFLIX INC | hold | $78.31 | — | — | — |
| SBUX STARBUCKS CORP | hold | $101.20 | — | — | — |
| YUM YUM BRANDS INC | buy | $157.91 | — | — | — |
The week's dominant trade was basically written in neon: US-Iran MOU signed → Strait of Hormuz reopens → oil -4.5% → markets rip. The S&P 500 jumped roughly 2% and the Nasdaq surged 3% on the deal news. Tom Lee's Fundstrat crew was already calling for crude to slide back to the $60s, and the YouTube finance universe spent Monday through Friday stress-testing whether this is real or the 40th fake-out. Spoiler: the deal is about a page long. The JCPOA was 120+ pages. Sleep with one eye open.
Meanwhile, $SPCX overtook Amazon's market cap at $2.87 trillion after acquiring AI coding startup Cursor for $60 billion — an absolute jaw-dropper that dominated Bloomberg and Reddit in equal measure. $COIN dropped tokenized equities that actually back real shares with dividend rights, targeting the 4 billion people globally locked out of US brokerages. $WDC surged 14% on a Morgan Stanley upgrade to a $650 price target, with hard drive inventory down to one to two weeks — the supply crunch is the entire thesis. $PLAY (Dave & Buster's) fell 16% after comp sales missed and Benchmark downgraded to Hold, which is just a very on-brand ending for Dave & Buster's.
The New York Knicks won their first championship in 53 years and Fanatics logged 8,000 orders per minute — which is the only number this week that felt completely rational.