Nike gets another downgrade. HSBC says turnaround strategy is now a ‘show me’ story

The investment bank’s research arm downgraded the apparel giant to hold from buy.
Battles brew over in-state tuition for undocumented students

In some states, undocumented students have access to in-state college tuition if they meet certain requirements. Now, many of those laws are being challenged.
UK ‘not supporting’ U.S. Iran blockade as France’s Macron confirms ‘multinational’ talks on the Strait of Hormuz

President Donald Trump had signaled that other countries would help the U.S. in its blockade.
Goldman Sachs is set to report first-quarter earnings — here’s what Wall Street expects

Trading desks across Wall Street have been busy at the start of the year as institutional investors set new positions against the churn of AI-led disruption.
Trump threatens 50% tariffs on China as report suggests plans for arms shipment to Iran

U.S. President Donald Trump has threatened to impose a 50% tariff on China, after a report on Sunday that Beijing was preparing a weapons shipment to Iran.
Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep

The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic, sending oil surging and risks drawing China into a widening confrontation with Washington.
Dow futures drop 500 points after Trump announces Strait of Hormuz blockade as talks fail: Live updates

All three major averages are coming off their best week since November on hopes that the conflict will soon come to an end.
Why pressure is mounting at oil giant BP ahead of its annual general meeting

Oil giant BP is bracing for a possible shareholder revolt at its upcoming annual general meeting.
European stocks set to start the week lower as Iran peace hopes fade

European stocks are expected to start the new trading week on a somber note as global traders assess developments in the Middle East.
From panic to pricing in: Are markets past ‘peak fear and sell-off’ despite oil price surge?

Investors appear to have already priced in much of the geopolitical risks and are growing less reactive to headlines.