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Markets Surge After Iran Ceasefire, Apple Hit by iPhone Delay Rumors

The Rundown

About this episode

Market update for Wednesday April 8, 2026

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In today’s episode:

  • Stocks surge after a last-minute Iran ceasefire eases global tensions

  • Oil prices plunge as the Strait of Hormuz reopens

  • Delta beats earnings but warns about rising fuel costs

  • Apple stock swings on conflicting reports about a foldable iPhone delay

  • Levi Strauss jumps after strong earnings and DTC growth

  • Energy stocks fall as oil prices drop

  • Used car prices hit 3 year peak

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Markets Surge After Iran Ceasefire, Apple Hit by iPhone Delay Rumors

The Rundown

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