Expo News Today — August 5, 2026
Hormuz deal could be agreed today as Trump hails ‘very good’ Iran talks and more — today's expo signal.
As global markets await key earnings reports and navigate geopolitical developments, investors are closely watching a potential breakthrough in US-Iran relations, with a Hormuz deal possibly being agreed upon today, following what President Trump described as 'very good' talks with Iran. The US has reiterated that the Strait of Hormuz is 'free and open', with a deal with Iran reportedly close, according to Bessent. This easing of tensions could have significant implications for global trade and markets, and comes as investors are also focused on corporate earnings, with Disney set to report its latest financial results before the bell, providing insight into the health of the entertainment sector.
However, not all market watchers are optimistic, with Michael Burry, known for his prescient bets against the housing market, now warning that 'we are near a major top, and possibly a 1987-type fall', suggesting that the current rally may be due for a correction. This cautionary note comes as some stocks, such as Chipotle, are already experiencing volatility, with the company's stock falling on reports of a potential link to a salmonella outbreak in Minnesota. Meanwhile, financial planners are offering their own advice on what investments are worth making, as highlighted by a trend on TikTok where users are sharing the items they believe are always worth the money, providing a unique perspective on personal finance and investment strategies.
Today's signal:
• Hormuz deal could be agreed today as Trump hails ‘very good’ Iran talks (cnbc.com)
• Here's what to expect when Disney reports earnings before the bell (cnbc.com)
• U.S. says Strait of Hormuz is 'free and open' as Bessent says deal with Iran is close (cnbc.com)
• Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall' (cnbc.com)
• Chipotle stock falls on potential link to salmonella outbreak in Minnesota (cnbc.com)
• TikTok users are sharing the items they say are always worth the money—here's what financial planners say (cnbc.com)