Wall Street is beginning to think Trump can’t reopen the Strait of Hormuz

Wall Street is beginning to think Trump can’t reopen the Strait of Hormuz

Source: Fortune

Summary

Fortune’s daily update covers a range of topics, including the new Fortune 500 ranking for 2026, mixed market performance due to rising oil prices, and Wall Street’s skepticism about Trump’s ability to reopen the Strait of Hormuz. Additionally, there are concerns about the accuracy of the recent job openings number, and a lighthearted note about Mark Cuban’s offer to invest in business ideas via email.


Our Reading

The numbers tell one story.

Fortune’s latest ranking is out, with the Fortune 500 list for 2026 now available. Meanwhile, Wall Street is watching oil prices and questioning Trump’s ability to influence the Strait of Hormuz. Mark Cuban is making headlines with his email investment offer. The job openings number is under scrutiny. And, in a quirky ranking, Fortune looks at how long it takes to earn enough money to buy a World Cup ticket in different countries.

Uncertainty is just a number in a spreadsheet.


Author: Evan Null