US Open: Wall Street surges amid the Middle East ceasefire 📈Technology stocks rise, energy sector in panic

• The Dow Jones rose by 1,380 points (nearly 3%), the S&P 500 gained over 2.5%, and the Nasdaq 100 climbed almost 3%; the US500 contract is up 2.1%
• WTI crude dropped more than 17% to around $93.4, while Brent fell over 16% to approximately $91.7
• The main catalyst was Donald Trump’s decision to pause attacks on Iran for two weeks
• The ceasefire is conditional on reopening the Strait of Hormuz, with Iran already agreeing to a temporary resumption of energy transit under military coordination
• Israel has also accepted the ceasefire (according to media reports)
• Additional support came from discussions around potential sanctions and tariff relief for Iran
• Technology and cyclical stocks led gains (including Nvidia, Amazon, Tesla, JPMorgan, Boeing)
• The energy sector declined, with Exxon Mobil (-7%), Chevron (-6%), and LNG giant Cheniere also under pressure

US500 (D1 interval)

Source: xStation5

Source: xStation5

Company news

• Delta Air Lines
  • Shares rose around 12% in premarket trading, driven primarily by the sharp decline in oil prices
  • Lower jet fuel costs significantly improve short-term operating margin expectations
  • The company reported first-quarter results above market expectations, supporting positive sentiment
  • However, second-quarter guidance came in below consensus, indicating management caution
  • The market is currently placing more weight on fuel cost dynamics than on near-term guidance
  • Delta remains highly sensitive to energy price volatility and consumer demand in travel
  • The sustainability of oil price declines and geopolitical stabilization will be key for further upside
• Levi Strauss
  • Shares gained more than 9% following better-than-expected quarterly results
  • Both revenue and earnings exceeded forecasts, pointing to solid operational execution
  • A key structural highlight is that direct-to-consumer sales now account for 50% of total revenue
  • The DTC model enhances margin control and reduces reliance on wholesale channels
  • The company raised its full-year earnings guidance, signaling growing confidence in demand
  • Results suggest resilience in the apparel segment despite a volatile macro backdrop
  • Key risks include consumer pressure and potential slowdown in discretionary spending
• Exxon Mobil
  • Shares declined more than 5.5% in premarket trading following the sharp drop in oil prices
  • The move reflects broader weakness across the energy sector after the U.S.–Iran ceasefire announcement
  • Lower crude prices directly reduce expected upstream revenues and margins
  • Oil falling below $100/bbl shifts short-term assumptions for the entire sector
  • Exxon had previously benefited from rising energy prices during the conflict escalation
  • The current pullback highlights the company’s strong correlation with geopolitics and commodity prices
  • Future performance will depend on the durability of the ceasefire and global oil supply stability
• Freshpet
  • TD Cowen upgraded the stock to “buy,” citing stronger-than-expected sales momentum
  • Shares rose more than 5% in premarket trading following the upgrade
  • Year-to-date retail sales are up 13%, above the company’s 2026 guidance of 7–10%
  • Concerns about competition from Costco and Farmer’s Dog are seen as overstated
  • The company’s scale and competitive advantages support its market positioning
  • Analysts also highlight improved cost control as an additional catalyst
  • The $80 price target implies roughly 27% upside, supporting bullish sentiment
• Clean Harbors
  • Citi upgraded the stock to “buy” and raised its price target to $346
  • This implies around 16% upside from the previous closing price
  • Shares gained approximately 3% in premarket trading following the upgrade
  • Increased U.S. chemical production is expected to drive growth
  • This trend is partly linked to supply disruptions in the Middle East
  • The Environmental Services segment may outperform current guidance
  • The company has meaningful exposure to the chemicals sector (14% of revenue), especially in high-margin technical services
• Royal Caribbean
  • JPMorgan cut its 2026 EPS estimate to $16.62 and lowered the price target to $341
  • Despite the downgrade, the new valuation still implies around 27% upside
  • The bank maintained an “overweight” rating, signaling a positive long-term view
  • The company faces a “geopolitical trifecta”: weaker demand, higher fuel costs, and operational disruptions
  • Middle East tensions have reduced booking conversion for European cruises
  • Additional headwinds include roughly $270 million in fuel costs and losses on investments
  • Shares rebounded about 8% after the ceasefire news, highlighting strong macro sensitivity

Royal Carribean (D1 interval)

Source: xStation5