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Stocks Recover as Oil Prices Ease Amid Trump Speech

4/3/2026

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Story summary
  • On April 2, 2026, CNBC Investing Club with Jim Cramer said U.S. President Donald Trump’s Iran-war speech initially drove stocks lower.
  • Iranian state media reported cooperation with Oman, easing oil prices and helping stocks recover.
  • Amazon is negotiating to acquire Globalstar to boost its satellite internet service.
  • Microsoft has fallen 23% this year amid AI challenges, with CNBC Investing Club maintaining a hold rating and a $600 target.