Iran & Western Digital

Iran: Fired missiles at ships; under U.S. strikes; Strait of Hormuz effectively shut.

Western Digital: Fell up to 10.8% in a single session; still up over 170% year-to-date.

Iran: Iran's ongoing conflict with the United States and Israel, and its control of the Strait of Hormuz, has significantly impacted oil prices and global inflation concerns. Hopes for a peace deal with the United States have influenced market sentiment regarding oil supply.

Western Digital: Western Digital's stock was up more than 3% as the semiconductor sector recovered.

Iran: Iran has shifted to a 'fully offensive' posture, threatened to break the US blockade, and kept the strait closed. The country faces severe economic strain with inflation above 80% and oil exports down sharply.

Western Digital: Western Digital's stock fell in premarket trading due to higher yields and risk-off sentiment.

Iran: War with the U.S. disrupted oil flows, but hopes for a deal eased tensions.

Western Digital: Benefited from AI memory demand.

Iran: Iran is negotiating with the United States and Israel to end the war, leading to the exit of stranded tankers from the Strait of Hormuz and a fall in oil prices.

Western Digital: Western Digital shares popped, benefiting from the upbeat chip outlook.

Iran: Iran launched missile attacks on US allies and warned of escalation, raising geopolitical risk.

Western Digital: Western Digital sank 9.2% but still up 171% for the year.

Iran: Iran's closure of the Strait of Hormuz has disrupted global oil supplies. It seeks concessions and compensation, and a deal could provide sanctions relief and economic recovery, but its economy remains strained.

Western Digital: Western Digital is a chipmaker, affected by market sentiment but not the crisis.

Iran: Turmoil in Iran is cited as a factor contributing to investor caution and market volatility, indirectly affecting Nvidia's stock.

Western Digital: Western Digital, another memory/storage player, has also outperformed Nvidia recently, drawing investor interest.