Oil Prices Edge Higher Amid Possible US–Russia Truce; Goodyear and Sweetgreen Stocks Tumble on Weak Earnings
Crude prices (CL=F, BZ=F) rise as diplomatic talks fuel supply speculation, while Goodyear (GT) and Sweetgreen (SG) suffer double-digit stock losses after disappointing Q2 results.

Oil prices rise on US–Russia truce rumors, while Goodyear shares drop nearly 18% and Sweetgreen plunges 26% after weak earnings reports. Market analysts weigh in on the mixed signals for global markets.
Oil Prices Climb, Goodyear and Sweetgreen Stocks Slide: A Mixed Day for Markets
Introduction
Global markets are witnessing a turbulent trading day as oil prices climb on speculation of a possible US–Russia truce, while corporate earnings disappointments send Goodyear (GT) and Sweetgreen (SG) stocks sharply lower.
Crude oil benchmarks CL=F (West Texas Intermediate) and BZ=F (Brent) rose +0.33% and +0.45% respectively after Bloomberg reported that Washington and Moscow are exploring diplomatic channels to de-escalate tensions. The news has sparked debates over the potential impact on oil supply chains.
Meanwhile, Goodyear Tire & Rubber Co. saw its shares plummet by 17.98%, and restaurant chain Sweetgreen dropped 26.63% after both companies missed key earnings expectations and issued cautious forward guidance.
Oil Prices in Focus: CL=F and BZ=F Rise on Geopolitical Signals
Market Reaction to US–Russia Truce Reports
Oil traders are closely monitoring diplomatic signals after Bloomberg reported that US–Russia truce talks may be underway. If confirmed, such a development could have far-reaching effects on global energy supply, especially in light of sanctions and trade restrictions.
While a truce could ease geopolitical tensions, analysts note that it may also increase the likelihood of higher Russian oil exports, potentially putting downward pressure on prices in the long term.
Brent and WTI Performance
- WTI Crude (CL=F): +0.33%
- Brent Crude (BZ=F): +0.45%
The modest gains reflect cautious optimism, as traders balance potential diplomatic breakthroughs with existing OPEC+ production controls.
Goodyear (GT) Stock Falls Nearly 18% After Weak Q2 Earnings
Earnings Miss and Weak Outlook
Goodyear Tire & Rubber Co. (NYSE: GT) reported disappointing second quarter results, citing sluggish demand, higher raw material costs, and competitive pressures in key markets.
The company’s adjusted EPS fell short of Wall Street estimates, and revenue growth was hampered by declining replacement tire sales in North America and Europe.
Investor Reaction
Shares fell 17.98%, marking one of the steepest single-day drops for the stock in years. Analysts attribute the reaction to a combination of earnings underperformance and management’s cautious guidance for the remainder of 2025.
“Goodyear is facing a challenging macroeconomic environment with declining consumer demand and inflationary pressures on inputs,” said market analyst Evan Richards. “Until we see cost stabilization, margin recovery will be difficult.”
Sweetgreen (SG) Stock Plunges Over 26% on Revenue Miss
Second Straight Guidance Cut
Fast-casual salad chain Sweetgreen (NYSE: SG) saw its shares nosedive by 26.63% after the company reported Q2 revenue below expectations and cut its full-year sales outlook for the second consecutive quarter.
Management cited slower-than-expected traffic growth, rising wage expenses, and higher ingredient costs as key headwinds.
Market Sentiment
Investors were quick to react, with several downgrades from Wall Street firms following the report.
“Sweetgreen’s valuation premium was based on aggressive growth assumptions that are now being called into question,” noted food industry analyst Jessica Liu. “With consumer spending tightening, upscale fast-casual chains may face more pressure in the months ahead.”
Broader Market Implications
Energy Sector
The movement in oil prices underscores how sensitive the market remains to geopolitical developments. A US–Russia truce could reshape global supply flows, potentially affecting OPEC+ strategies and US shale output.
Consumer Sector
Goodyear and Sweetgreen’s results are further evidence that consumer-facing companies are grappling with the twin challenges of slowing demand and rising costs.
Analyst Outlook
Oil Prices
Most analysts expect oil to remain volatile as diplomatic talks evolve. $80–$90 per barrel remains the near-term forecast range for Brent, though a sudden truce announcement could disrupt pricing models.
Goodyear
Recovery hinges on demand rebound and cost control. Until then, analysts recommend a neutral or cautious stance on GT stock.
Sweetgreen
Sweetgreen may need to rethink its pricing and expansion strategy to adapt to changing consumer behavior in a tighter spending environment.
Conclusion
August trading brought a mixed set of signals: oil prices inching higher on diplomatic rumors, and two consumer-focused companies suffering severe stock market losses due to disappointing financial results.
For investors, the takeaway is clear: geopolitics and earnings remain the dominant forces shaping market sentiment in 2025.