Gulf security signals
Trump said Iran had apologized and stopped firing at regional targets, while Saudi Arabia reportedly warned that renewed attacks on energy facilities could open its bases to U.S. forces.
Mar 7, 2026 · QQQ/SPY Market Review · 9 headlines
U.S. markets were closed for the weekend, leaving QQQ and SPY unchanged from Friday's close. Gulf security remained in focus as Trump said Iran had apologized and stopped firing at regional targets, while Saudi Arabia reportedly warned that further attacks on energy facilities could open its bases to U.S. forces. Technology updates included Bank of America's checks showing limited Middle East disruption across memory suppliers, Apple's discontinuation of 15 products after launching 10 devices, and Amazon's request that the FCC reject SpaceX's proposal for one million satellites.
Published
Trump said Iran had apologized and stopped firing at regional targets, while Saudi Arabia reportedly warned that renewed attacks on energy facilities could open its bases to U.S. forces.
Bank of America's checks with more than 10 memory suppliers found limited Middle East supply disruption, alongside strong Korean semiconductor exports and elevated DRAM and NAND margins.
Apple discontinued 15 products after launching 10 devices, while Amazon urged the FCC to reject SpaceX's proposal for one million satellites on feasibility and orbital-congestion grounds.
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