Live Nasdaq Composite: Stocks on Edge Amid Mideast Ceasefire Optimism

By Gerelyn Terzo Updated Apr 6, 12:56PM EDT · Published Apr 6, 9:52AM EDT

Quick Read

The Stocks: Micron (MU) is down over 20% from its peak amid competition from SK Hynix’s planned $10 billion U.S. listing. Netflix (NFLX) earned a “buy” rating from Goldman Sachs with a $120 price target implying 21.6% upside. CrowdStrike (CRWD) expanded its buyback program to $1.5 billion total.
Geopolitical tensions over potential Iran ceasefire talks and supply chain disruptions through the Strait of Hormuz are tempering market gains even as tech stocks show selective strength.

Live Updates

JPMorgan on TESLA

Apr 6, 2026 at 12:55 PM EDT

JPMorgan analysts reemphasized their “underweight” rating on Tesla (Nasdaq: TSLA) stock with a $145 price target, suggesting the stock is overvalued by nearly 60%. Tesla shares are down 2.6% today.

Meanwhile, the Nasdaq Composite is holding its gains.

Intel Insider

Apr 6, 2026 at 11:29 AM EDT

Wired reports that Intel (INTC) is in active discussions with both Google and Amazon over advanced chip packaging contracts, a critical piece of the company’s broader foundry revival strategy. CFO Dave Zinsner has signaled that the chipmaker is nearing the finish line on packaging agreements that could generate billions in annual revenue.

Dimon on Private Credit Markets

Apr 6, 2026 at 9:52 AM EDT

JPMorgan (NYSE: JPM) CEO Jamie Dimon issued his latest annual letter, warning that the Iran war has the potential to unleash oil and commodity shocks that keep inflation stubbornly elevated and drive rates well beyond what Wall Street is penciling in.

Dimon once exclaimed, “When you see one cockroach, there are probably more,” about failing lenders. This time around, he’s not overly worried about the private credit situation, suggesting it’s probably not a systemic risk but that credit losses could surprise to the downside.

This article will be updated throughout the day, so check back often for more daily updates.

After a dramatic U.S. Air Force rescue over the weekend, the markets are kicking off the week on a cautious note as geopolitical headlines shift to a possible ceasefire in the ongoing war in Iran. The Nasdaq Composite is posting slight gains, led by the likes of Micron (Nasdaq: MU | MU Price Prediction), Netflix (Nasdaq: NFLX) and AMD (Nasdaq: AMD). Oil prices are easing from their highs, but both WTI and Brent Crude continue to hover above the psychologically sensitive $100-per-barrel threshold. Traffic through the Strait of Hormuz climbed to its highest levels since the early days of the war, with 21 ships passing through over the weekend. In normal times, 135 ships make that same journey every single day.

Here’s a look at where things stand as of morning trading:

Dow Jones Industrial Average: 46,439 Down 0.14%
Nasdaq Composite: 21,901 Up 0.11%
S&P 500: 6,582 flat

Market Movers

Tesla (Nasdaq: TSLA) stock is recouping some lost ground, tacking on 1% today after last week’s disappointing EV delivery numbers. Canaccord Genuity analysts remain bullish on the stock, keeping a “buy” rating with a $420 price target attached, suggesting runway for roughly 15% gains.

Micron (Nasdaq: MU) is already down more than 20% from its peak three weeks ago, and relief may not be coming anytime soon. Bloomberg reported SK Hynix’s planned U.S. ADR listing, which could raise as much as $10 billion, threatens to give investors another DRAM option to choose from, adding fresh pressure to MU shares.

CrowdStrike (Nasdaq: CRWD) is betting big on itself, boosting its share buyback program by $500 million and catapulting the total program to $1.5 billion.

Goldman Sachs has turned increasingly bullish on Netflix (Nasdaq: NFLX), lifting shares to a “buy” rating from “neutral” with a $120 price target attached, reflecting upside potential of 21.6%.

Michael Saylor and Strategy (Nasdaq: MSTR) kept the Bitcoin buying spree alive, snapping up 4,871 more coins last week at an average price of roughly $67,718 each. The firm now sits on 766,970 BTC, representing 3.65% of all the Bitcoin that will ever exist, buying at an average cost of about $75,644 per coin.

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About the Author Gerelyn Terzo →

Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.