Woofun AI reports that escalating US-Iran tensions, marked by mutual threats regarding infrastructure and oil exports, pressured US markets. The S&P 500 declined 0.1%, the Nasdaq fell 0.57%, and the Dow remained flat. Conversely, WTI crude oil futures rose nearly 3% to a six-week high. Meta dropped over 2%, while SpaceX fell more than 6% to a post-IPO low. Semiconductor stocks showed mixed results, with NVIDIA up 2.3% and Micron down 1.17%.

In after-hours trading, Alphabet shares plunged over 4% despite beating earnings expectations, driven by increased capital spending forecasts. Tesla stock also declined nearly 4% following a report of 26% Q2 revenue growth but an 18% profit drop, alongside negative free cash flow and projected annual capital expenditures exceeding $25 billion.