Crude oil is jumping back to the upside Thursday morning as tensions between the U.S. and Iran rise once again. Kevin Green analyzes the latest price action and ways this rally can set the stage for an even steeper run. In equities, KG turns to Applied Digital (APLD) earnings that showed a narrower-than-expected loss for the data center company. Wolfspeed (WOLF) also rallied after receiving a $1.5 billion loan from the Pentagon. Shares of PepsiCo (PEP) did rise on an earnings beat even after the company lowered guidance, as KG points to weakening consumer strength in North America.