"Operation Economic Outcast" on Iran, AMD Upgrade into NVDA Earnings

The U.S. will block off every potential revenue source for the Islamic Revolutionary Guard Corps. in Iran. That's the plan Treasury Secretary Scott Bessent has in the latest round of sanctions announced against the group as global economies grapple with the Strait of Hormuz staying closed. Tom White discusses the ripple effects he expects to see. In equities, he turns to an upgrade on AMD Inc. (AMD) from Raymond James ahead of Nvidia's (NVDA) earnings Wednesday.

Morning Movers

25 Aug 2026

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