CNBC Daily Open: Iran, Oman in talks on Hormuz; SpaceX is loyal to Nvidia on AI

Traders work on the floor of the New York Stock Exchange during morning trading on July 30, 2026 in New York City. Michael M. Santiago | Getty ImagesHello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.The Dow just notched its fifth straight record close, as Wall Street bets that the five-month war in the Middle East is finally winding down.Just note the fine print: an agreement that hands Tehran more control of the strait isn't the same as the one Washington set out to get. The AI trade, meanwhile, is discovering that allegiance may matter more than earnings — AMD posted robust results and still watched its shares slide, after Elon Musk said SpaceX would build its AI infrastructure exclusively on Nvidia chips. What you need to know todayStock futures inched higher after the Dow Jones Industrial Average notched a record high and its fifth positive day in a row, while the S&P 500 pulled back, snapping a four-day win streak. The tech-heavy Nasdaq slipped less than 1%. Behind the blue-chip run: signs that Iran and Oman are nearing the final stages of drafting an agreement on commercial shipping in the Strait of Hormuz — one that ...