WTI Crude rose 5% while the S&P fell 0.5% and the semiconductor index $SMH dropped 4% following geopolitical tensions in the Strait of Hormuz. Penguin Solutions ($PENG) beat Q3 expectations and raised FY26 guidance, while Raymond James initiated coverage on SpaceX ($SPCX) with a Strong Buy rating and an $800 price target. Palantir ($PLTR), Netflix ($NFLX), Meta ($META), Amazon ($AMZN), and Microsoft ($MSFT) all announced operational expansions or internal AI model shifts, while Morgan Stanley warned that the memory trade involving $MU, $SNDK, $WDC, and $STX may be hitting a peak rate of change.