Market whipsaw and session close

Market update for Wednesday March 11, 2026

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In today’s episode:

• Oil prices whipsaw after deleted government tweet about the Strait of Hormuz

• Inflation holds steady as February CPI comes in at 2.4%

• Oracle stock surges after strong AI cloud earnings

• Nvidia invests $2B into Nebius

• Drone company AeroVironment sees shares dive on sales miss

• Fun fact: Meta buys Moltbook, a social network designed for AI agents