Julie Morgan

Iran and Oman will reportedly charge fees to go through the strait during the ceasefire.

Ship owners are eyeing an escape for 800 vessels as Hormuz reopens.

And there have reportedly been more departures at the trade desk.

I have a few items on our Catalyst watch for the day.

FedEx will hold an investor event focused on the FedEx freight business ahead of the spinoff planned for June 1st.

Key topics could include margin improvement, network efficiency, and the role of data and automation in future growth.

Zscaler will participate in the Wells Fargo 2026 Software Symposium in Menlo Park.

and Costco will issue its monthly sales report after the market closes.

Levi Strauss is on our list of the biggest movers of the day pre-market.

Levi is up 10% after a strong Q1 beat with consolidated revenue up 14% year-over-year and 9% on an organic basis, driven by broad base growth across regions.

And on today's economic calendar, I have two items for you.

At 10.30 a.m., the EIA Petroleum Status Report, and at 2 p.m., the FOMC Minutes will be released.

That's it for today's Wall Street Breakfast.

Thanks for listening.

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I'm your host, Julie Morgan.

Go out and make it a great day.

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's good to be with you on this final day of the trading week.

Today is Thursday, the 2nd of April.