Stocks Surge, Crude Tumbles as Hormuz Reopens… And Tech Earnings On Deck 4/17/26

About this episode

The episode discusses the market surge and crude oil tumble following the reopening of the Strait of Hormuz, along with upcoming tech earnings.

A huge day for markets as stocks surge and crude tumbles after the Strait of Hormuz reopens following the Israel-Lebanon ceasefire. The impact it’s having on airlines, cruise lines, builders and retail as the “war trade” unwinds. Plus, Netflix sinks after earnings and a leadership shake-up, Apple gets a boost on strong China shipment data, and we track biotech as the XBI biotech ETF hits 5-year highs. And a massive slate of tech earnings on deck next week — including Tesla and Intel. Fast Money Disclaimer

Topics covered

• market surge
• crude oil
• tech earnings
• biotech
• airlines
• retail
• leadership changes

Keywords

• stocks
• crude oil
• Netflix
• Apple
• biotech ETF
• tech earnings
• airlines
• retail
• leadership shake-up
• China shipment

Mentioned in this episode

Organizations: Netflix, Apple, XBI, Tesla, Intel

Places: Strait of Hormuz, Israel, Lebanon

More episodes of CNBC's "Fast Money"

• SpaceX IPO Soars in Trading Debut… And Looking Ahead to Warsh’s First Fed Meeting 6/12/26 · June 12, 2026 · 43 min
• Stocks Surge On Potential End Of War… And Countdown to SpaceX Public Debut 6/11/26 · June 11, 2026 · 43 min
• Markets Drop As Uncertainty Rises… And Oracle Reports Results 6/10/26 · June 10, 2026 · 44 min
• A Decline in Chip Stocks Becomes Market Sell-off… Where Tech Sector is Heading 6/9/26 · June 9, 2026 · 44 min
• Headlines From Apple’s WWDC… And Will Markets Recover from Recent Pullback? 6/8/26 · June 8, 2026 · 43 min
• Stocks Tumble To Wrap Up Week… And Tim Cook’s Last Developer’s Conference 6/5/26 · June 5, 2026 · 43 min