Market Rally, SpaceX IPO, Record Oil Draws & AI Updates

Stocks are rallying across the board as reports of possible progress on a US-Iran deal lift sentiment and push oil prices lower. Chuck Zodda and Paul Lane break down the strong market action, record oil inventory draws, and what it means for energy prices and inflation.Key topics include:Why the S&P 500, Dow, Nasdaq, and Russell 2000 are all higherSpaceX IPO details: Goldman Sachs leading, $2 trillion valuation talk, and why it won’t 750x like TeslaLargest-ever weekly crude oil inventory draw and what’s ahead for gas pricesMortgage rates climbing to 6.75% and the rise of non-conforming loansGoogle’s strong AI turnaround with Gemini now rivaling ChatGPTConsumer spending vs. gloomy sentiment surveysPlus, a wild Cybertruck “wade mode” fails in a Texas lake, Jeep’s ongoing sales slump, and more.