0811 | US Stocks Slip on Hormuz News; Nvidia Credit, Oil, CPI Looms

Tuesday's tape was dominated by crosscurrents from the Strait of Hormuz, where conflicting reports on a US-Iran deal moved oil, equities, and bonds ahead of Wednesday's July CPI release. Credit markets took comfort as Nvidia narrowed its $500 billion AI financing plan, easing credit-risk measures. The episode also covers oil climbing above $83 a barrel on Iran's conditions, the high stakes around July CPI as record bond shorts meet multi-decade long-end yields, bitcoin miner Riot Platforms surgi Timeline: 00:00:00 Opening 00:00:37 Stocks Close Lower on Hormuz Deadlock Ahead of CPI 00:01:48 Nvidia Credit Risk Eases on Narrowed $500 Billion Plan 00:03:12 Oil Tops $83 as Iran Conditions Hormuz Reopening 00:04:31 July CPI Weighs on Record Bond Shorts and Long-End Yields 00:05:46 Riot Platforms Surges on $9 Billion Anthropic Compute Deal 00:06:52 Intel Upsizes Stock Offering to $20 Billion at $95 View episode details → https://bri.so/show/episode/019ff2d7-1d1c-70dc-a009-d2bdaa10d2f5 This episode is produced by Bri. Bri uses advanced AI technology to turn the feeds you care about into podcasts made for listening. https://bri.so Contact us at [email protected].