"Iran proposed a one-month deadline to end the war with the U.S. and reopen the Strait of Hormuz, but unresolved nuclear capabilities remain a concern. The new plan requires both sides to lift their blockades and end the war in Lebanon."
"President Trump stated, 'I will soon be reviewing the plan that Iran has just sent to us, but can't imagine that it would be acceptable in that they have not yet paid a big enough price for what they have done to Humanity and the World, over the last 47 years.'"
"Since the start of April, shares of Advanced Micro Devices rocketed from a low of about $200 to a high of $360.54, driven by upgrades and higher capital spending."
"Analysts are looking to $9.88 billion in revenue and adjusted EPS of $1.27 for AMD, each up about 33% year over year, indicating strong growth potential."
The S&P 500 is down 0.13%, the Dow is down 0.36%, and the Nasdaq is up 0.07%. Oil prices increased by $1.48, while gold prices fell by $51.40. Iran proposed a one-month deadline to end the war with the U.S. and reopen the Strait of Hormuz, but unresolved nuclear capabilities remain a concern. The U.S. is unlikely to accept Iran's plan. Advanced Micro Devices is set to post earnings, with analysts expecting significant year-over-year growth in revenue and earnings per share.
Read at 24/7 Wall St.
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