Market-Moving News for July 8th

Alibaba Group Holding Ltd. Sponsored ADR
iOThree Limited
United States Oil Fund Lp Units

Alibaba Group Holding Ltd. Sponsored ADR

BABA

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iOThree Limited

IOTR

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United States Oil Fund Lp Units

USO

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USO: 4% | Oil is trading higher after the U.S. Department of the Treasury's Office of Foreign Assets Control revoked Iran-related General License X and issued Iran-related General License X1. Multiple ships, including a Qatari LNG tanker, were struck by Iranian forces in the Strait of Hormuz.

 

BABA: 11% | China Could Restrict Global Access to Alibaba and ByteDance AI Models As Beijing Tightens its Grip on Advanced AI: Report

 

IOTR: 79% | IOThree shares are trading higher after the Chairman and CEO issued a letter detailing a year-over-year increase in the company's FY26 revenue results.

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