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JPMORGAN TURNS MORE BULLISH ON STOCKS JPMorgan raised its S&P 500 year-end target to 7,800, citing an “unprecedented” surge in earnings upgrades driven by AI investment and easing geopolitical tensions. The bank says 2026 and 2027 earnings forecasts have risen about 10% this

WRIGHT SAYS EVEN WITHOUT DEAL WITH IRAN, U.S. WILL ENSURE FLOWS OF OIL THROUGH HORMUZ

WRIGHT SAYS IRAN WILL NOT HAVE ABILITY TO BLOCK STRAIT OF HORMUZ GOING FORWARD

WRIGHT SAYS RETURN TO NORMAL OIL FLOWS DELAYED DUE TO IRANIAN MINES IN STRAIT OF HORMUZ

US ENERGY SECRETARY WRIGHT SAYS ROUGHLY 72 SHIPS HAVE EXITED STRAIT OF HORMUZ IN LAST 24 HOURS, AMOUNTING TO 20 MLN BARRELS OF OIL

TANKER TRACKER DATA SHOWS IRAN EXPORTED 40M BARRELS SINCE JUNE 15

$MSTR - STRATEGY FACES GROWING BITCOIN PRESSURE Falling Bitcoin prices are increasing pressure on Strategy’s finances, with its cash reserves shrinking while dividend obligations continue to rise. Analysts warn the company may face tougher funding conditions if Bitcoin weakens

US MOVES AHEAD WITH TURKEY JET ENGINE SALE The Trump administration plans to proceed with a more than $700 million sale of GE jet engines for Turkey’s Kaan fighter jet despite congressional objections. The deal is expected to be finalized in the coming days ahead of next

GERMANY AXES €15B WARSHIP PROJECT Germany has canceled its €15.2 billion F126 frigate program and will instead buy up to eight lower-cost MEKO A-200 warships from TKMS. The move reflects Berlin’s push to accelerate military rearmament with proven, off-the-shelf equipment.

GERMANY SCRAPS PLAN FOR BIGGEST MILITARY SHIP SINCE WORLD WAR II

U.S. STOCKS EXTEND GAINS, DOW JONES UP 1.00 PCT

PARIS RECORDS HIGHEST EVER JUNE TEMPERATURE WITH 40.9C RECORDED AT PARIS-LONGCHAMP -METEO FRANCE

UK TEMPERATURE BREAKS RECORD FOR JUNE, HITS 35.7 CELSIUS IN SOUTHERN ENGLAND - BBC

WTI CRUDE FUTURES FALL BELOW $70 A BARREL AS SUPPLY CONCERNS EASE WITH MORE OIL TANKERS EXITING STRAIT OF HORMUZ

U.S. HOUSE SPEAKER JOHNSON ON VOTER ID BILL: HOUSE REPUBLICANS WILL PUT TOGETHER A RECONCILIATION BILL THAT WILL HAVE THAT

TRUMP CANCELS HOUSING EVENT President Trump announced the cancellation of today’s housing news conference and bill-signing ceremony. He said the event will remain on hold until Congress passes the SAVE AMERICA ACT, which he described as a national emergency priority.

TRUMP TOUTS RECORD POLL NUMBERS President Trump said his poll numbers have reached their highest level ever. In a social media post, Trump thanked supporters and highlighted what he described as record approval ratings.

TRUMP CANCELS SIGNING OF HOUSING BILL

TRUMP: TODAY'S HOUSING NEWS CONFERENCE AND SIGNING IS HEREBY CANCELLED UNTIL SUCH TIME AS WE PASS DESPERATELY NEEDED SAVE AMERICA ACT

US 30-YEAR TREASURY YIELDS DROP TO 4.8572%, LOWEST SINCE APRIL 15

L3HARRIS $LHX TO PROVIDE COMMUNICATION SYSTEMS TO GERMAN FORCES The company expects to deliver new orders to German forces this year, per L3Harris.

US MAY NEW HOME SALES -7.3% TO 580K; CONSENSUS 632.0K US APR NEW HOME SALES REVISED TO 626K FROM 622.0K US MAY NEW HOME SALES SUPPLY AT 10.3 MONTHS

*US MAY NEW HOME SALES 580,000 ANN. RATE; EST. 640K

$SPCX - SHORT SELLERS TARGET SPACEX Bearish bets against SpaceX are rising after the stock fell about 30% from its post-IPO high. Short interest jumped to 13% from 8% in one session, according to Ortex, signaling growing expectations of further declines. However, analysts warn

US ENERGY FIRMS FALL AS OIL PRICES HIT LOWEST SINCE START OF IRAN WAR, DOWN NEARLY 4% CHEVRON DOWN 2.3%, EXXON MOBIL DOWN 2.5%, CONOCOPHILLIPS DOWN 2.7% VALERO ENERGY DOWN 2.3%, DEVON ENERGY DOWN 2.7% OCCIDENTAL PETROLEUM DOWN 3%, APA CORP DOWN 3.5%

JPMORGAN LIFTS S&P 500 TARGET JPMorgan raised its year-end S&P 500 target to 7,800, citing an “unprecedented” earnings upgrade cycle fueled by the AI investment boom and easing geopolitical risks. The bank lifted its 2026 EPS forecast to $350 and expects strong profit growth

TWO DEAD IN ISRAELI DRONE STRIKE ON VEHICLE IN SOUTHERN LEBANON, MEDICAL AND SECURITY SOURCES SAY

WHO'S TEDROS: EBOLA OUTBREAK IS CONTINUING TO OUTPACE THE RESPONSE

BRENT, WTI CRUDE FUTURES EXTEND FALL, DOWN OVER $3

OIL FALLS AS HORMUZ TRAFFIC RECOVERS Oil prices dropped to their lowest levels since the start of the conflict as more ships resumed transits through the Strait of Hormuz under the U.S.-Iran agreement. Trump said Iran is not charging tolls or other fees on vessels using the

NEW YORK COCOA FUTURES CLIMB MORE THAN 7% TO $4,983 PER METRIC TON

$SPCX - SPACEX’S XAI IS DOUBLING DOWN ON VIDEO- AND IMAGE-GENERATING TOOLS-THE INFORMATION

SPOT GOLD EXTENDS FALL, LAST DOWN OVER 3% AT $3,978.79/OZ

OPENAI AND BROADCOM $AVGO UNVEIL AI CHIP CALLED JALAPEÑO The companies unveiled Jalapeño, described as OpenAI's first intelligence processor, per Broadcom. It is designed to work with all LLMs for current and future AI models.

$AVGO - OPENAI AND BROADCOM UNVEIL LLM-OPTIMIZED INTELLIGENCE PROCESSOR

SPOT GOLD FALLS BELOW $4,000/OZ FOR THE FIRST TIME SINCE NOVEMBER 2025

BITCOIN DROP COULD PRESSURE STRATEGY Strategy’s $53 billion Bitcoin holdings currently cover its financing costs, but a deeper Bitcoin decline could make funding more difficult. Analysts estimate that if Bitcoin falls to $30,000, Strategy may need substantial share issuance to

JPMORGAN LOWERS OIL PRICE OUTLOOK JPMorgan cut its Brent crude forecast for the second half of 2026, citing weaker inventory draws and softer-than-expected demand. The bank now sees Brent averaging $86 per barrel in Q3, $80 in Q4, and ending 2026 at $78. JPMorgan also warned

U.S. CENTRAL COMMAND SAYS U.S. FORCES CONDUCTED AN AIRSTRIKE IN SYRIA ON JUNE 19, KILLED SENIOR ISIS LEADER

PAYCHEX $PAYX Q4 ADJ EPS $1.32 BEATS, REVENUE $1.61B BEATS - Adj EPS: $1.32 vs $1.30 est, beat - Revenue: $1,605.5M vs $1,601M est, beat - Adj operating income: $675.8M vs $657.1M est, beat - Adj net income: $474.6M vs $468.1M est, beat - Adj operating margin: 42.1% FY revenue

U.S. Q1 CURRENT ACCOUNT BALANCE -226.8 BLN DLRS (CONS -215.0 BLN) VS Q4 BALANCE -221.1 BLN (PREV -190.7 BLN)

SPOT SILVER FALLS 5% TO $58.96/OZ

SPOT GOLD EXTENDS FALL, LAST DOWN OVER 2% AT $4017.06/OZ

TRUMP TELLS FOX NO RUSH GETTING INSPECTORS INTO IRANIAN SITES

TRUMP TO FOX: INSPECTORS TO BE ALLOWED WHERE IRAN'S URANIUM IS

CHINESE SUPERCOMPUTER OVERTAKES U.S. AS WORLD'S FASTEST

2008 CRISIS WINNER TARGETS PRIVATE CREDIT RISKS Investor Lee Robinson, who turned a subprime bet into a 900% gain during the 2008 crisis, is now betting against insurers he sees as exposed to private credit risks. He warns markets are underestimating potential losses from the

RUBIO DISCUSSED IRAN DEAL, SAFE TRANSIT THROUGH STRAIT OF HORMUZ, IMPORTANCE OF PEACE AND STABILITY IN REGION WITH UAE LEADERSHIP -STATE DEPARTMENT

BESSENT ON U.S. ECONOMY, GDP: CAN GET TO SOMETHING WITH 3 IN FRONT OF IT THIS YEAR -CNBC

BESSENT ON FED, RATE CUTS: TRUMP HAS CONFIDENCE IN WARSH

BESSENT: WARSH `CAME OUT TOUGH' TALKING ABOUT INFLATION

BESSENT ON FED: APPLAUD WARSH FOR ELIMINATING FORWARD GUIDANCE

BESSENT ON IRAN: ANY MONEY IRANIANS RECEIVE IS FOR IRANIANS -CNBC

BESSENT ON U.S. DOLLAR: DOLLAR DOMINANCE IS ESSENTIAL -CNBC

TRUMP: ADDITIONALLY, NO MONEY HAS BEEN GIVEN TO IRAN, OR RELEASED FROM THEIR MONEY TO THEM, BY U.S.

TRUMP: NO HORMUZ FEES, FOOD DEAL MOVES AHEAD President Trump said Iran has assured the U.S. it is not charging tolls, insurance fees, or other costs on ships transiting the Strait of Hormuz. Trump warned negotiations would end immediately if that proves false. He also said

$SPCX - ROBOTICS, SPACE STOCKS FACE BUBBLE RISK KB Securities warns robotics and space stocks could be among the most vulnerable sectors in a market downturn, drawing comparisons to the dot-com bubble. The bank says companies reliant on future growth expectations rather than

TRADEWEB EXPANDS KALSHI PREDICTION MARKET DATA, INDEX INTO INSTITUTIONAL TRADING WORKFLOWS

🇯🇵 YEN HITS 40-YEAR LOW The Japanese yen fell to around 161.6 per dollar, its weakest level since 1986. The currency remains under pressure from expectations of higher U.S. interest rates and rising oil prices. Japanese officials say they are prepared to intervene in currency

BINANCE SAYS IT WILL STAY IN EU AND MAKE NEW ATTEMPT TO GET CRYPTO LICENCE DESPITE FAILED BID

HORMUZ SHIPPING RESUMES UNDER UN ESCORT Commercial traffic is beginning to return to the Strait of Hormuz under a UN-led evacuation scheme. At least three ships transited the waterway in the past 12 hours, including dry bulk and cargo vessels. Ship-tracking data shows more

JPMORGAN INCREASES S&P 500 YEAR-END PRICE TARGET TO 7,800 POINTS; SAYS OUTLOOK APPROACHING “BLUE SKY” SCENARIO

US MORTGAGE RATES DIP SLIGHTLY The average 30-year US mortgage rate fell 1 basis point to 6.59% in the week ended June 19, according to the Mortgage Bankers Association. Total mortgage applications rose 1%, recovering from the prior week's decline. Refinancing activity

*IRAN DEPUTY FM SAYS NUCLEAR INSPECTIONS REQUIRE FINAL DEAL

OIL SUPPLY REBOUND EASES MARKET FEARS UBS says nearly 80% of oil supply disrupted by the Middle East conflict will return within three months, rising to about 90% by year-end. Brent crude has fallen below $80 as flows through the Strait of Hormuz recover and regional production

TRUMP'S WEDNESDAY SCHEDULE 🔸 8:00 AM — Executive Time 🔸 12:00 PM — Signs the 21st Century ROAD to Housing Act (Capitol) 🔸 1:00 PM — Senate Steering Committee Lunch (Capitol) 🔸 3:30 PM — Meeting with NATO Secretary General (Oval Office) 🔸 5:00 PM — Policy Meeting (Oval

ISRAEL'S DEFENCE MINISTER: ISRAEL WILL NOT WITHDRAW FROM SOUTH LEBANON, EVEN IF THE U.S. DEMANDS IT

CEREBRAS $CBRS SIGNS $20B+ OPENAI DEAL FOR 750MW Cerebras Systems announced a multi-year deal with OpenAI for 750MW valued at over $20B, per an SEC filing. OpenAI's GPT 5.4 is now running on Cerebras, and the company is working to bring GPT 5.5 on as part of the next phase of

ALPHABET $GOOGL JOINS THE DOW, HEADLINES JUNE INDEX REBALANCE S&P Dow Jones Indices announced its latest changes: Dow Jones Industrial Average (before the open June 29): - Alphabet $GOOGL replaces Verizon $VZ - Honeywell International remains in the index S&P 500 and S&P 100:

GAMESTOP $GME TO DETAIL PROPOSED EBAY $EBAY ACQUISITION THIS WEEK GameStop said it will release the strategic rationale and plan for its proposed acquisition of eBay this week, per Reuters. Separately, the company removed a proposed CEO performance award at Ryan Cohen's

NIKE $NKE NAMES DAVID DENTON CFO, MATTHEW FRIEND TO STEP DOWN Denton becomes CFO effective August 17, per the company. Friend will step down as CFO and remain through September 4 to support the transition.

KB HOME $KBH Q2 REVENUE $1.11B BEATS - Revenue: $1,112.4M vs $1,098M est, beat - EPS: $0.43 - Net income: $27.3M - Housing adj gross margin: 15.7% - Homebuilding operating income: $28.2M

NEXERA TECHNOLOGIES $NEXR REGISTERS UP TO 16.84M SHARES FOR RESALE The company filed to register up to 16.84M ordinary shares for resale, per an SEC filing.

FEDEX $FDX Q4 EPS $6.31 BEATS, REVENUE $25B BEATS - Adj EPS: $6.31 vs $5.96 est, beat - Revenue: $25.0B vs $24.04B est, beat - CY guidance: adj EPS $16.90-$18.10, revenue growth about 11% FedEx intends to repurchase up to $1B of shares for CY 2026 and expects capital spending

WALMART $WMT BUYS AD-TECH FIRM VIBE .CO FOR $1.4B The retailer is acquiring the French connected-TV advertising company, its largest deal since the $2.3B Vizio purchase in 2024, per WSJ. Vibe .co enables advertising through connected TVs, with a focus on small and medium-size

SPS COMMERCE $SPSC EXPLORING A SALE AMID ACTIVIST PRESSURE The supply chain software maker has hired Morgan Stanley to explore a potential sale, expected to draw private equity interest, per Reuters. Activists Anson Funds and Irenic Capital disclosed stakes in late March and

IRAN'S PRESIDENT PEZESHKIAN: WE WILL NEVER NEGOTIATE OUR DEFENSIVE ABILITY WITH ANYONE

IRAN'S PRESIDENT PEZESHKIAN: IRAN'S MISSILES WERE NOT IN THE MOU AND WILL NEVER BE

SPACEX BOND SALE DRAWS MASSIVE DEMAND SpaceX attracted roughly $89 billion of orders for its first investment-grade bond sale, one of the largest demand levels seen in the U.S. bond market this year. The company aims to raise $20 billion to $25 billion to refinance debt and

$SPCX SPACEX SEES PEAK DEMAND OF $89B FOR FIRST HIGH-GRADE BOND OFFERING

RUBIO: NO COUNTRY IS ALLOWED TO CHARGE TOLLS OR FEES ON AN INTERNATIONAL WATERWAY, THAT'S EXISTING INTERNATIONAL LAW

RUBIO: WE'RE GOING TO DEAL DIRECTLY WITH LEBANESE GOVERNMENT

ESMA CALLS ON UNAUTHORISED CRYPTO-ASSET SERVICE PROVIDERS TO WIND DOWN ORDERLY, AS MICA TRANSITIONAL PERIOD ENDS

*TRUMP TO HOST WEAPONS MAKERS WEDNESDAY

TOTALENERGIES CEO: WE AT TOTAL MUST INVEST IN PIPELINES TO BYPASS THE STRAIT OF HORMUZ, FOR EXAMPLE THROUGH ABU DHABI, SYRIA TOTALENERGIES CEO: THIS IS THE LESSON FROM THE CRISIS FOR US, THE MOST MIDDLE-EAST EXPOSED OIL MAJOR

ISRAEL TO CONSIDER US IPO FOR DEFENSE GIANTS IAI AND RAFAEL

HEDGE FUNDS TURN MORE BEARISH ON OIL Hedge funds increased short bets on crude oil to the highest level in nearly five months, reflecting expectations of higher global supply. Traders are betting that easing U.S.-Iran tensions, increased Iranian exports and smoother traffic

TRUMP: ARRESTS MADE OVER REFLECTING POOL DAMAGE President Trump said six people have been arrested and seven cited in connection with vandalism at the Reflecting Pool. According to Trump, the damage included a 350-foot series of cuts and destruction to surrounding landscaping.

$NVDA - NVIDIA FALLS BELOW $5 TRILLION IN MARKET VALUE; LAST DOWN 2.6%

$TSLA - TESLA SHARES FALL 3.9%

IRAN, OMAN DISCUSS HORMUZ SHIPPING FEES Iran and Oman said they are negotiating a framework for jointly managing navigation in the Strait of Hormuz, including maritime services and associated costs. The two countries reaffirmed their sovereignty over territorial waters and

U.S. HOME PRICES PICK UP U.S. home prices rose 0.3% in May, the fastest monthly gain since January, while increasing 2.5% from a year earlier, according to Redfin. The rise was driven by stronger demand in April when mortgage rates briefly declined. Although pending sales have

U.S. OFFICIALS HAVE SEIZED OVER 300 DRONES NEAR WORLD CUP SITES SINCE START OF PLAY -- AGENCY

$SPCX - SUSQUEHANNA SEES SPACEX UPSIDE, STAYS NEUTRAL Susquehanna initiated SpaceX (SPCX) with a Neutral rating and a $170 price target, citing strong growth prospects but a demanding valuation. The firm expects revenue to surge through 2030, driven by launches, Starlink and

GOLD TESTS KEY SUPPORT LEVEL Gold futures fell to around $4,126/oz, down 23% from January's record high and approaching the $4,000 level. Rising bond yields and expectations for higher interest rates continue to pressure prices. Analysts say a stabilization near current levels

LEBANESE PRESIDENT AOUN SAYS WILL ACCEPT NOTHING LESS THAN END OF 'ISRAELI OCCUPATION' OF SOUTHERN LEBANON

US HOSTS ISRAEL-LEBANON TALKS U.S.-mediated talks between Israel and Lebanon have begun in Washington, D.C. Negotiations will take place on both diplomatic and military tracks, starting with a joint session followed by separate military and political meetings. The talks are

SEMICONDUCTOR STOCKS SLIDE SHARPLY A broad chip-sector selloff hit semiconductor stocks and ETFs: • $NVDA -3.7% • $AMD -7.5% • $MU -11.7% • $AVGO -2.8% • $INTC -9.0% • $ARM -8.5% • $MCHP -5.4% • $AMAT -9.7% • $KLAC -8.5% • $MRVL -9.2% • $QCOM -6.9% Semiconductor

*SPACEX FALLS 3.9% TO DROP BELOW TRADING DEBUT’S OPEN PRICE

PUTIN TELLS GOVERNMENT MEETING: UKRAINE IS HITTING OUR CIVILIAN FACILITIES AS IT IS LOSING TERRITORY PUTIN: UKRAINE IS TRYING TO CREATE FOR RUSSIA PROBLEMS WITH ENERGY

$SPCX - SPACEX SHARES DOWN 2.7% AFTER ABOUT 23% SLIDE IN PAST THREE SESSIONS

IRAN'S STATE MEDIA SAYS WESTERN PART OF COUNTRY'S AIRSPACE IS NOW OPEN

NASDAQ 100 FUTURES EXTEND LOSSES, LAST DOWN 3.1%

BARCLAYS RAISES 2026 YEAR-END TARGET FOR S&P 500 INDEX TO 7,800 FROM 7,650

$SPCX - CATHIE WOOD BUYS SPACEX DIP ARK Invest bought more than 210,000 SpaceX shares worth at least $32 million after the stock plunged 16%. The purchase adds to ARK’s existing position following SpaceX’s IPO, with Cathie Wood viewing the selloff as a buying opportunity.

TRUMP BACKS $17.5 BILLION NUCLEAR PUSH The Trump administration is offering $17.5 billion in low-cost loans to support construction of 10 new Westinghouse AP1000 nuclear reactors across the U.S. Officials say the program could cut development timelines by up to three years and

STIFEL RAISES 2026 YEAR-END TARGET FOR S&P 500 INDEX TO 7,800

RUSSIA SEES THAT U.S. IS MOVING AWAY FROM AGREEMENTS REACHED BY PRESIDENTS DURING ALASKA SUMMIT LAST YEAR, RIA QUOTES DEPUTY FOREIGN MINISTER U.S. IS DRIFTING TOWARDS ANTI-RUSSIAN POLICY OF THEIR EUROPEAN ALLIES, RIA QUOTES DEPUTY FOREIGN MINISTER

*MELONI IS CONSIDERING CALLING ITALIAN ELECTION AS SOON AS APRIL

CHINA'S FOREIGN MINISTER WANG YI, AT BRICS MEETING: BRICS SHOULD STRENGTHEN COOPERATION ON STRATEGIC MINERAL RESOURCES - XINHUA

TRUMP: 19 MILLIONS BARRELS OF OIL FLOWED OUT OF HORMUZ STRAIT ON MONDAY

EURO EXTENDS FALL TO LOWEST SINCE JUNE 2025, LAST DOWN 0.3% AT $1.1391

$AMC - AMC ENTERTAINMENT SHARES DOWN 17% TO $2.29 PREMARKET AFTER CO ANNOUNCES PRICING OF $200 MLN STOCK OFFERING

IRAN'S FARS NEWS AGENCY, CITING MILITARY SOURCE, SAYS ONLY A CERTAIN NUMBER OF VESSELS PER DAY ARE ALLOWED TO PASS STRAIT OF HORMUZ, THIS AMOUNT IS TO VARY DAILY ACCORDING TO CONDITIONS

$SPCX - SPACEX SHARES TURN POSITIVE, LAST UP 0.2% PREMARKET

PUTIN: NO GROUND FOR TALKS WITH ZELENSKIY GIVEN UKRAINIAN STRIKES ON CIVILIAN TARGETS

TRUMP HAILS RECORD HORMUZ OIL FLOWS President Trump said 19 million barrels of oil moved through the Strait of Hormuz on Monday, a record high. He said falling oil prices and uninterrupted shipping signal improving global stability and a safer environment for energy markets.

Trump on Truth Social: Iran Has Fully, Completely Agreed to Highest Level Nuclear Inspections Long Into Future

TRUMP: MONEY U.S. TREASURY IS RELEASING GOES INTO ESCROW, CONTROLLED BY U.S.A., AND WILL BE USED TO BY FOOD AND MEDICAL SUPPLIES FROM THE U.S., INCLUDING CORN, WHEAT, AND SOYBEANS

TRUMP SAYS IRAN AGREES TO NUCLEAR INSPECTIONS President Trump said Iran has agreed to long-term nuclear inspections, calling it a key condition for continued negotiations. Trump also said the U.S. will keep the Strait of Hormuz open and will not impose a naval blockade for now,

TRUMP: WILL KEEP ALL SHIPS IN PLACE TO REINSTITUE THE BLOCKADE IF NECESSARY

TRUMP: I HAVE AGREED TO ALLOW HORMUZ STRAIT TO REMAIN OPEN, WITH NO FURTHER NAVAL BLOCKADE.

OMAN, IRAN SAY THEY WILL HOLD TALKS WITH COASTAL COUNTRIES AND ANY CONCERNED PARTIES REGARDING MANAGEMENT OF HORMUZ AND ANY "RELATED COSTS"

OMAN, IRAN SAY THEY WILL FORM A TEAM TO REACH AGREEMENT ON "FUTURE MANAGEMENT OF NAVIGATION" VIA STRAIT OF HORMUZ

OMAN, IRAN BACK STRAIT OF HORMUZ COOPERATION Oman and Iran reaffirmed support for the U.S.-Iran Islamabad Memorandum of Understanding and pledged continued dialogue on its implementation. The two countries agreed to work jointly on the future management of navigation in the

INDIA HAS TEN FLAGGED SHIPS WAITING TO CROSS STRAIT OF HORMUZ

DEUTSCHE BANK CUTS GOLD OUTLOOK Deutsche Bank lowered its gold forecast, citing a hawkish Fed, resilient U.S. data and weak investment demand. The bank now sees gold at $4,800/oz in Q4 but warns prices could fall to $3,800/oz if the Fed delivers multiple rate hikes. ETF

$SPCX - SPACEX SLIDES TOWARD $2 TRILLION THRESHOLD SpaceX shares fell more than 4% in premarket trading, putting the company on track for a market value below $2 trillion for the first time since its IPO. The stock traded near $148, slipping below its June 12 debut price of

*HEZBOLLAH SAYS ISRAEL ATTACK VIOLATES CEASEFIRE

IRAN'S TOP NEGOTIATOR QALIBAF SAYS TEHRAN AND MUSCAT ESTABLISHED A JOINT COMMITTEE TO DISCUSS THE STRAIT OF HORMUZ, SAYS DETAIL PENDING - TELEGRAM ACCOUNT

QUALCOMM $QCOM IN ADVANCED TALKS TO BUY MODULAR AT ~$4B The chipmaker is nearing a deal to acquire AI chip startup Modular in a transaction valuing it at about $4B, with an announcement possible in the coming weeks, per Bloomberg. No final agreement has been reached and the

IRAN'S CENTRAL BANK GOVERNOR SAYS TEHRAN NOT OBLIGED TO PURCHASE AGRICULTURAL INPUTS FROM U.S. UNDER EXISTING AGREEMENTS - TASNIM NEWS AGENCY

IBM $IBM, OPENAI PARTNER ON AI FOR ENTERPRISE CYBER DEFENSE IBM and OpenAI announced a partnership to apply AI to enterprise cyber defense, aimed at helping companies counter automated, AI-driven threats, per the companies.

META $META PAUSES INTERNAL AI TRAINING PROGRAM OVER DATA EXPOSURE Meta is pausing an internal AI training program after sensitive data was accessible across the entire company, per Business Insider.

PALANTIR $PLTR FOUNDRY NAMED CLOUD DATA LAYER FOR ARMY NGC2 The Army has established the common data layer baseline for its Next Generation Command and Control (NGC2) program, built on Palantir's Foundry as the cloud data layer and Anduril's Lattice as the tactical data layer,

Trump: Wish Starmer well

Trump: Vance this morning was fantastic

TRUMP: IF IRAN DOESN'T STICK TO AGREEMENT, I WILL DO WHAT I HAVE TO DO

BEST BUY $BBY CFO MATT BILUNAS TO STEP DOWN END OF JULY The company has engaged an external search for its next CFO. CEO Corie Barry will provide financial oversight during the transition if needed, per the company.

TRUMP BACKS “EL TIGRE” FOR COLOMBIA Trump congratulates Abelardo de la Espriella, calling him “El Tigre” and saying he looks forward to strengthening a powerful partnership between Colombia and the United States. — President Donald J. Trump

NHTSA OPENS INVESTIGATION INTO FATAL TESLA CRASH NEAR HOUSTON US auto-safety regulator NHTSA is investigating a Friday evening crash in which a Tesla $TSLA Model 3 left the road and struck a home near Houston, killing a woman inside, per WSJ. The driver told the Harris County

UNITED $UAL FLIES FIRST WIDEBODY TRANSATLANTIC FLIGHT WITH STARLINK WI-FI United Airlines is accelerating its Starlink Wi-Fi rollout and expects close to 1,000 Starlink-equipped aircraft by year-end.

*US TO RELEASE 500K BBL CRUDE OIL FROM SPR TO VITOL

TRUMP SAYS IRAN TO ACCEPT NUCLEAR INSPECTIONS Trump says Iran will agree to major weapons inspections to ensure future “nuclear honesty.” The statement signals expectations of expanded monitoring as part of ongoing nuclear-related negotiations.

ECB'S LAGARDE: RENMINBI'S UNDERAPPRECIATION JUSTIFIES DISCUSSIONS OF EXCESSIVE IMBALANCES AT G7

US ALLOWS IRAN OIL SALES IN DOLLARS The U.S. Treasury approved a temporary waiver allowing Iran to sell crude oil, petrochemicals, and petroleum products in dollars through Aug. 21, 2026. The move marks a major shift in sanctions policy as Washington and Tehran negotiate over

STOCKS OF CRUDE OIL IN THE US STRATEGIC PETROLEUM RESERVE FALL BY ABOUT 9.1 MLN TO 331.2 MLN BARREL LAST WEEK, LOWEST SINCE 1983

IRAN'S FOREIGN MINISTRY SPOKESPERSON: TEHRAN DID NOT NEGOTIATE THE NUCLEAR ISSUE AND DID NOT ACCEPT ANY NEW COMMITMENTS IN SUNDAY'S TALKS IN SWITZERLAND

THE IRAN ENERGY CRISIS WILL DRIVE GLOBAL ELECTRIFICATION, IEA CHIEF FATIH BIROL SAYS

SPACEX SIGNS COMPUTE DEAL WITH OPE-SOURCE AI STARTUP REFLECTION - CNBC

BITCOIN REMAINS RANGEBOUND IN $62.5K–$72K Bitfinex says Bitcoin is stuck in a consolidation range between $62,500 and $72,000, with neither bulls nor bears in control. The firm notes the price is up 1.7% at $64,871, but key breakout drivers are missing, including sustained ETF

U.S. STOCKS EXTEND FALL, NASDAQ DOWN 1.00 PCT

$GOOGL - ALPHABET SHARES EXTEND LOSSES; LAST DOWN 5%

BITCOIN TRANSACTION ACTIVITY HITS 2024 HIGH CryptoQuant says Bitcoin transaction frequency has reached its highest level since 2024, even as hedge funds continue to reduce exposure. The firm notes a divergence between rising network activity and weaker prices, with

$SPCX - SPACEX SHARES EXTEND LOSSES; LAST DOWN 8.8% AT $168.50

BOFA SEES CHEAP GOLD STOCKS DESPITE HEADWINDS Bank of America says gold equities are attractively valued even as a stronger dollar and hawkish Fed weigh on bullion. The bank notes gold stocks price in gold around $3,354/oz, about 19% below spot, with longer-term support from

USER REPORTS SHOW PROBLEMS WITH X (TWITTER): DOWNDETECTOR

$SPCX - SPACEX MANDATED BANKS TO ARRANGE SIX FIXED INCOME INVESTOR CALLS THAT WILL BE HELD JUNE 22ND - SOURCE POTENTIAL OFFERING BY SPACEX OF SENIOR UNSECURED NOTES, ACROSS 5-30YR USD-DENOMINATED TENORS IS EXPECTED TO FOLLOW - SOURCE

META $META BRINGS INSTAGRAM FOR TV TO SAMSUNG TVS Instagram for TV is now available on Samsung TVs, per Meta. The company says it is exploring new formats including episodic series and live on TV, with plans to roll them out soon.

EURO ZONE CONSUMER CONFIDENCE AT -17.7 IN JUNE (RTRS POLL -17.5) - EU COMMISSION

PAKISTAN GOVT: IRAN PRESIDENT TO VISIT PAKISTAN ON JUNE 23

TRUMP ON TRUTH SOCIAL: REFLECTING POOL IS BEING TAKEN CARE OF ASAP

$SPCX - SPACEX SHARES FALL 5.4% AFTER FALLING FOR THE LAST TWO SESSIONS

U.S.'S BESSENT: TREASURY HAS ISSUED TEMPORARY 60-DAY GENERAL LICENSE AUTHORIZING IRANIAN OIL PRODUCTION AND SALES AFTER PRODUCTIVE SWITZERLAND TALKS

$NVDA - NVIDIA PUSHES SAFETY LAYER FOR HUMANOID ROBOTS Nvidia is developing software and chips to improve humanoid robot safety and enable closer human interaction, including physical collaboration in workplaces. Its Halos system, based on autonomous driving tech, aims to give

SPOT SILVER RISES 3% TO $67.12/OZ

EU'S COSTA: WE NEED TO POSTPONE EU-UK SUMMIT

US AUTHORIZES IRAN OIL-RELATED GENERAL LICENSE U.S. Treasury issues a general license allowing production, delivery, and sale of Iranian-origin crude oil, petrochemical, and petroleum products through Aug. 21, 2026, according to the Treasury Department website. The authorization

$SPCX - SPACEX LAUNCHES FIRST BOND OFFERING SpaceX has launched its first issuance of senior unsecured notes, marking its debut in the bond market. Proceeds will be used to repay outstanding borrowings under its bridge loan facility. The company did not disclose the size,

FED PIVOT FLAGS HIGHER BOND VOLATILITY Julius Baer’s Dario Messi says the Fed’s shift toward data dependence and a tighter 2% inflation focus will increase bond-market volatility, especially in short-dated Treasurys. Markets are pricing about 38bps of hikes by year-end, with

UPCOMING U.S. ECONOMIC DATA COULD SPARK VOLATILITY IN U.S. TREASURYS, JULIUS BAER SAYS U.S. 10-YEAR TREASURY YIELDS COULD FALL SLIGHTLY IN SECOND HALF OF 2026 TOWARDS 4.30%, JULIUS BAER SAYS U.S. JOBS MARKET MIGHT NOT BE AS STRONG AS RECENT DATA SUGGEST: JULIUS BAER JULIUS

US FEDERAL RESERVE NOTES WITH 'DEEP SADNESS' THE PASSING OF ALAN GREENSPAN FED: GREENSPAN'S LEGACY ENDURES AT FED IN THOSE HE MENTORED, ECONOMISTS HE INSPIRED AND FRAMEWORKS AND PRACTICES HE HELPED SHAPE

GOLDMAN SACHS CUTS 12-MONTH US RECESSION RISK ESTIMATE TO 15% VS PRIOR FORECAST OF 25%

LOWY INSTITUTE POLL: AUSTRALIANS' TRUST IN U.S. HITS RECORD LOW LOWY INSTITUTE: MOST AUSTRALIANS SAY CHINA RELATIONSHIP MORE IMPORTANT THAN U.S. LOWY INSTITUTE: AUSTRALIANS' TRUST IN U.S. TO ACT RESPONSIBLY IN WORLD DROPS TO 31%

$AMZN - PRIME DAY SALES SEEN UP 9% TO $26.3B US online spending during Amazon’s Prime Day is expected to rise 9% to $26.3 billion, driven by demand for discounted back-to-school and household goods. Adobe data shows retailers including Walmart and Target are also running

TWO SUPERTANKERS ENTER INTO THE GULF THROUGH STRAIT OF HORMUZ TO LOAD FOUR MILLION BARRELS OF OIL, ONE OF THE TANKERS HEADING TO IRAQI PORT OF BASRA – SHIP TRACKING DATA TWO SMALLER CRUDE TANKERS WITH UNDER TWO MILLION BARRELS INTO TOTAL SAIL THROUGH HORMUZ INTO GULF OF OMAN –

HASSETT: GETTING DEBT-TO-GDP DOWN IS A HIGH PRIORITY

HASSETT: REALLY BIG TANKERS ARE COMING THROUGH HORMUZ

$SPCX - KEYBANC INITIATES SPACEX WITH NEUTRAL VIEW KeyBanc initiated coverage of SpaceX at Sector Weight, citing its dominance in space launch and related markets. The firm highlights Starlink as a driver of profitable growth and sees AI as a long-term upside catalyst. However,

$MSTR - STRATEGY BUYS 520 BTC OVER PAST WEEK, ADDS $300M TO USD RESERVE: FILING

$SPCX - SPACE EXPLORATION TECHNOLOGIES CORP - ANNOUNCES INAUGURAL OFFERING OF SENIOR UNSECURED NOTES - SEC FILING SPACE EXPLORATION TECHNOLOGIES CORP - TO USE NOTES PROCEEDS TO REPAY BRIDGE LOAN AND FOR GENERAL CORPORATE PURPOSES - SEC FILING

GOLDMAN CUTS US RECESSION RISK FORECAST Goldman Sachs lowered its 12-month U.S. recession probability to 15% from 25%, citing easing geopolitical risk after a peace agreement with Iran. The bank says lower energy prices and an improving labor market support the downgrade. The

$AMC - AMC THEATRES HAS BUSIEST WEEKEND OF 2026 IN U.S. AS TOY STORY 5 DEBUTS WITH BIGGEST OPENING WEEKEND BOX OFFICE OF YR

BANK OF AMERICA SEES THREE FED HIKES Bank of America expects the Federal Reserve to raise interest rates three times this year, shifting from its prior view of no changes. The bank cites stronger economic data and a more hawkish Fed tone focused on inflation under new chair

VANCE: IF WE CANT GET PERMANENT PEACE, TRUMP HAS A LOT OF OPTIONS

OIL PRICES EXTEND LOSSES AFTER US VICE PRESIDENT SAYS STRAIT IS OPEN, IRAN AND US HAVE LAID 'VERY GOOD FOUNDATION' FOR A SUCCESSFUL FINAL DEAL

VANCE: WE WANT A REGIONAL CEASEFIRE

ALAN GREENSPAN, ECONOMIST AND LONGTIME HEAD OF THE FEDERAL RESERVE, DIES AT 100- NBC NEWS

VANCE ON WHEN NUCLEAR INSPECTORS WILL START: POSSIBLY THIS WEEK, AS SOON AS TODAY

$AAPL - KGI CUTS APPLE TO NEUTRAL KGI Securities downgraded Apple from Outperform to Neutral, setting a $315 price target.

*VANCE SPEAKS IN SWITZERLAND AT 0700 ET

IRAN’S TASNIM CITING INFORMED SOURCE: EFFORTS BY MEDIATORS PAKISTAN AND QATAR ARE STILL ONGOING BUT HAVEN’T YET YIELDED A FINAL RESULT

IRAN'S IRGC WARNS VESSELS NOT TO APPROACH STRAIT OF HORMUZ, SAYS THEIR SECURITY WOULD OTHERWISE BE AT RISK -STATEMENT

IRAN'S REVOLUTIONARY GUARD CORPS IRGC SAYS STRAIT OF HORMUZ IS CLOSED TO ALL VESSELS

STARBUCKS $SBUX CUTS LONDON, HONG KONG OFFICE JOBS The coffee chain laid off corporate staff at the hubs overseeing parts of its international business, per Bloomberg: - London: ~120 positions, the EMEA headquarters - Hong Kong: ~60 positions, about 20% of the office covering

TRUMP SPOKE WITH ISRAEL EARLIER FRIDAY AND ASKED THEM TO AGREE TO A CEASEFIRE W/HEZBOLLAH -NBC NEWS

IRAQ RAISES SOUTHERN OILFIELD PRODUCTION BY 250,000 BPD TO AROUND 1.75 MILLION BPD – TWO OIL OFFICIALS TO REUTERS

HEZBOLLAH OFFICIAL: NO NOTIFICATION RECEIVED YET ON CEASEFIRE TIMING

ISRAELI MILITARY SPOKESMAN: TROOPS ON THE GROUND IN LEBANON HAVE FREEDOM TO ACT AGAINST THREATS ISRAELI MILITARY SPOKESMAN: WHEN ASKED WHETHER ISRAEL WILL STRIKE IN BEIRUT: WE RESPECT AGREEMENTS, ACT ACCORDING TO INSTRUCTIONS FROM ISRAEL'S LEADERS

TRUMP SAYS IRAN IS WEAKENED AFTER WAR Trump said Iran has been “diminished” by war, claiming it has lost its air force, navy, air defences and radar systems. He criticised Democrats for suggesting Iran is now stronger, calling such views “stupid” and unrealistic.

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS IRAN WILL TAKE ALL NECESSARY MEASURES TO PROTECT ITS INTERESTS AND ALLIES

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS THE U.S. BEARS DIRECT RESPONSIBILITY FOR ISRAELI ATTACKS ON LEBANON

IRAN'S FOREIGN MINISTRY SPOKESPERSON CONDEMNS ISRAELI ATTACKS ON LEBANON, WARNS OF CONSEQUENCES FOR REGIONAL SECURITY

US SIGNALS ISRAEL WILL NOT ESCALATE LEBANON STRIKES The US has reportedly told Iran that Israel will not further escalate military action in Lebanon, in an effort to keep nuclear talks on track. The message comes after renewed Israeli strikes following a Hezbollah attack that

HORMUZ TRAFFIC REBOUNDS AS CAUTION REMAINS Verified Strait of Hormuz crossings rose to 25 on 18 June, signaling a recovery in maritime activity. Traffic flowed both ways, with five sanctioned vessels recorded and no new attacks confirmed since 10 May. While the US-Iran

FED RATE HIKE BETS HOLD DESPITE IRAN EASING Investors are unlikely to drop expectations for Fed rate hikes in the second half of the year, despite easing Middle East tensions. LBBW says the Iran conflict resolution may reduce pressure for tighter policy, but its base case

ISRAEL-HEZBOLLAH FIGHTING THREATS IRAN DEAL Escalating Israel-Hezbollah clashes in Lebanon have put a US-Iran agreement under pressure, forcing the postponement of planned talks in Switzerland. The deal aimed to reopen the Strait of Hormuz and pause fighting, but renewed strikes

HEZBOLLAH MP FADLALLAH TO REUTERS: IRAN INFORMED GROUP THAT TALKS WITH U.S. CANNOT CONTINUE WITHOUT COMPREHENSIVE CEASEFIRE

IRAN'S STRAIT OF HORMUZ BODY SAYS VESSELS WON'T BE CHARGED ANY FEES FOR 60 DAYS

IRAN'S PERSIAN GULF STRAIT AUTHORITY SAYS TRANSIT REQUESTS MUST BE SUBMITTED AT LEAST 48 HOURS IN ADVANCE

IRAN'S PERSIAN GULF STRAIT AUTHORITY WARNS REQUESTS SUBMITTED THROUGH UNOFFICIAL CHANNELS WILL NOT BE CONSIDERED

IRAN'S PERSIAN GULF STRAIT ISSUES NEW PROCEDURES FOR VESSELS REQUESTING PASSAGE THROUGH STRAIT OF HORMUZ

IRAN'S PERSIAN GULF STRAIT AUTHORITY SAYS IN LIGHT OF MOU WITH U.S., PASSAGE THROUGH HORMUZ WILL BE GRANTED TO VESSELS THAT SUBMIT REQUESTS IN COMPLIANCE WITH THE NECESSARY REQUIREMENTS

S&P assigns SpaceX $SPCX a 'BBB' issuer credit rating on its IPO, with a stable outlook.

Enphase Energy $ENPH enters a tax credit transfer agreement, agreeing to sell up to $150M of advanced manufacturing production tax credits generated in 2026, per an SEC filing.

Activist Oasis Capital Management is weighing a proxy fight at Vail Resorts $MTN to shake up the company's board and explore selling off Vail's mountains, per Semafor.

Epsilon Energy $EPSN enters an ATM agreement to offer up to $15M of common shares, per an SEC filing.

META PLATFORMS HAS LOBBIED U.S. CONGRESS FOR IMMUNITY FROM CHILD-HARM LAWSUITS AS PART OF CHILD ONLINE SAFETY LEGISLATION - SOURCE, DRAFT PROPOSAL REVIEWED BY REUTERS

IRAN'S SUPREME LEADER SAYS IF THE AMERICAN SIDE WANTS TO BE TOO DEMANDING, WE WILL NOT ACCEPT IT

Pfizer $PFE reaffirms FY2026 guidance following a CFO transition announcement, per an SEC filing.

Netflix $NFLX announces a multi-year creative partnership with Proximity Media Television.

Spotify $SPOT launches Reserved in the US today for eligible Premium subscribers 18+, in partnership with Live Nation $LYV and Ticketmaster.

U.S. VICE PRESIDENT VANCE ON IRAN: 12.5MLN BARRELS OF OIL MOVED OVERNIGHT

Amazon $AMZN is in talks to sell its custom AI chips for use in other companies' data centers, a key push to cut into Nvidia's $NVDA dominance, per Bloomberg. AI chief Peter DeSantis says talks have begun but declined to name customers. Amazon's Trainium accelerator, already

DocuSign $DOCU launches a Slack app to bring agreement intelligence and agentic contract workflows to every team.

AMERICA STRONGER THAN EVER: OIL FLOWING, MARKETS RISING, PRICES FALLING Trump: “Iran will never have a nuclear weapon. America is safe, respected, and stronger than ever. Jobs are at record highs, affordability is returning — you’re welcome!”

Steel Dynamics $STLD guides Q2 2026 earnings at $3.51-$3.55 per diluted share.

Nucor $NUE Q2 2026 guidance: - Adj EPS: $4.5-$4.6 per diluted share - Earnings expected to increase across all segments vs Q1 - Steel mills segment to benefit from $130M cash refunds - Includes $61M non-cash benefit from Helion investment

IRAN ON MOU TEXT: U.S. COMMITS TO END ALL SANCTIONS ON IRAN BASED ON AN AGREED TIMETABLE WITHIN THE FRAMEWORK OF THE FINAL AGREEMENT

WARSH ENDS NEWS FIRST NEWS CONFERENCE AS FED CHAIRMAN

TRUMP: U.S. WOULD DO BETTER WITHOUT USMCA AGREEMENT

TRUMP: IF OTHER COUNTRIES HAVE BALLISTIC MISSILES, IT'S 'A LITTLE BIT UNFAIR' FOR IRAN TO HAVE NONE

TRUMP: WILL LEAVE U.S. MILITARY IN GULF 'FOR A WHILE'

WARSH SAYS NONE OF 19 AT TABLE FELT WE NEEDED TO TIGHTEN TODAY

WARSH: AI IS FILLED WITH OPPORTUNITY, RISKS

WARSH: WE NEED TO MAKE SURE RISING PRICES DON'T BROADEN THROUGH THE ECONOMY

WARSH DECLINES TO COMMENT ON ANY INTERACTIONS WITH TRUMP SINCE CONFIRMATION

WARSH DECLINES TO COMMENT ON RISING TREASURY YIELDS FOLLOWING FED DECISION

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS U.S. HAS COMMITTED TO CANCEL ALL TYPES OF SANCTIONS ON IRAN BASED ON A SCHEDULE THAT WILL BE DISCUSSED IN UPCOMING TALKS - SNN

WARSH: FINANCIAL MARKET PRICES ARE THE MOST IMPORTANT SOURCE OF INFORMATION TO GUIDE CENTRAL BANKERS

WARSH: SOME ECON DATA WE RECEIVE MIGHT BE AN 'ECHO OF HISTORY'

WARSH: WE'LL FIX FIVE YEARS OF MISSES ON INFLATION

WARSH: FED POLICY APPEARS TO BE RESTRICTIVE VIS A VIS HOUSING MARKET, BUT NOT FINANCIAL MARKETS

WARSH: 'I CAN'T GIVE YOU ANY GUIDANCE ON WHAT WE'RE GOING TO DO NEXT'

WARSH: I SEE NO REASON TO REVISIT 2% INFLATION TARGET

WARSH: INFLATION FRAMEWORK REVIEW TASK IS TO FOCUS ON DRIVERS OF INFLATION

*TREASURY 2-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 4.15%

WARSH: POLICY STATEMENT IS SHORTER, SIMPLER, JUST THE FACTS

WARSH: ALSO ABSENT IS FORWARD GUIDANCE, NOT WELL-SUITED TO CURRENT POLICY STATE

WARSH: PERSISTENTLY HIGH PRICES A BURDEN

WARSH: INFLATION WELL AHEAD OF 2% GOAL

WARSH: GOAL IS TO GET MONETARY POLICY RIGHT

SPOT GOLD TURNS NEGATIVE, LAST DOWN 0.5% AT $4,304.19/OZ

FED LIFTS RATE PATH, INFLATION OUTLOOK RISES Federal Reserve projections show the median fed funds rate rising to 3.8% in 2026 (from 3.4%), 3.6% in 2027, and 3.4% in 2028, with the long-run rate unchanged at 3.1%. Officials now expect higher inflation through 2026, with PCE not

*FED REMOVES STATEMENT REFERENCE TO ADDITIONAL RATE ADJUSTMENTS

*FED LOWERS MEDIAN 2026 GDP PROJECTION TO 2.2% FROM 2.4%

🚨 *FED LEAVES RATE UNCHANGED

BRAZIL'S LULA: I BELIEVE TRUMP KNOWS LITTLE ABOUT BRAZIL

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS IRAN AND OMAN WILL DEVELOP A MECHANISM FOR THE STRAIT, AND WE WILL EXCHANGE VIES WITH OTHER COUNTRIES WHEN NECESSARY

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS SIGNING COULD BE DONE BY U.S. AND IRAN PRESIDENTS, THE IDEA STILL UNDER REVIEW -STATE MEDIA

TRUMP: IRAN SCHOOL INCIDENT IS UNDER INVESTIGATION

TRUMP: IF THEY DON'T HONOR THE AGREEMENT, WE'LL PROBABLY GO BACK TO BOMBING THEM UNTIL THEY HONOR IT

TRUMP THANKS ISRAEL AND NETANYAHU FOR IRAN EFFORT

TRUMP PRAISES IRANIANS AS SMART PEOPLE, GOOD NEGOTIATORS

TRUMP: MARITIME TRAFFIC IN STRAIT OF HORMUZ HAS INCREASED SUBSTANTIALLY

TRUMP: BELIEVES CURRENT IRAN LEADERS REPRESENT REGIME CHANGE

CrowdStrike $CRWD expands Project Quiltworks with AWS $AMZN, hardening the cloud attack surface against frontier AI risk and providing continuous protection for AWS workloads.

TRUMP SAYS IF MOU ISN'T FULFILLED WILL GO BACK TO BOMBING

TRUMP SAYS HAVE HAD `A LITTLE DISPUTE' WITH NETANYAHU ON LEBANON

TRUMP: NETANYAHU GETS A LITTLE EXCITED SOMETIMES BUT HAS BEEN A GOOD PARTNER

TRUMP: DID NOT WANT TO SEE ECONOMIC CATASTROPHE

TRUMP: I THINK IRANIAN LEADERS WILL BEHAVE MUCH DIFFERENTLY

TRUMP: THEY ARE THRILLED THAT WE MADE A DEAL

TRUMP: DISCUSSED DETAILS OF IRAN AGREEMENT WITH ALLIES AT G7

TRUMP: IF WE DIDN'T DO THIS DEAL, WE COULD'VE DROPPED BOMBS FOR ANOTHER TWO YEARS

U.S. AND IRAN DISCUSS MOVING UP SIGNING OF DEAL, SOURCES SAY Donald Trump’s administration, Iran, and mediators are discussing moving up the signing of a memorandum of understanding to as early as Wednesday via remote signing, sources say. If confirmed, provisions on reopening

$SPCX - SPACEX SHARES EXTEND LOSSES FURTHER, LAST DOWN 6.3%

WARSH FED DEBUT: 3 KEY SIGNALS TO WATCH Nick Timiraos flags three key questions at Kevin Warsh’s first Fed meeting. First, whether the Fed drops its easing bias in the statement. Second, how the updated dot plot signals 2026 rate moves, including possible hikes. Third, how

TRUMP WARNS IRAN DEAL FAILURE COULD RESTART CONFLICT Donald Trump said he is open to resuming hostilities against Iran if a planned agreement fails. As both sides prepare to sign a deal opening 60 days of negotiations, Trump warned the U.S. could restart military action but

$TSLA - TESLA SHARES NEED ROBOTAXI PROGRESS Tesla is expected to deliver strong Q2 results, with Wolfe Research forecasting 420,000 deliveries and improved margins. However, analyst Emmanuel Rosner says long-term stock momentum depends on execution in robotaxi, humanoid robots

US-IRAN DRAFT DEAL DETAILS CEASEFIRE TERMS A U.S. draft memorandum with Iran outlines an immediate ceasefire, reopening of the Strait of Hormuz, sanctions relief, and future nuclear talks. The proposal would restore oil flows, ease restrictions, and unlock frozen assets if Iran

US CRUDE OIL STOCKS -8.263M BBL IN WK; SEEN -3.5M BBL

TRUMP: ANTHROPIC NEGOTIATIONS GOING FINE

TRUMP: WANT ISRAEL TO BE ABLE TO PROTECT ITSELF

- TRUMP: IF INDIA WERE ATTACKED, WE WOULD HELP

TRUMP ON IRAN: THEY WANT TO MAKE A DEAL

TRUMP ON IRAN: WOULD THINK THEY WOULD DO IT, IF THEY DON'T PROCESS WILL START AGAIN

TRUMP: LOOKING AT SANCTIONS ON RUSSIA

TRUMP: VERY CLOSE ON INDIA TRADE DEAL

TRUMP: HAD GOOD TALKS WITH PUTIN AND UKRAINIAN PRESIDENT ZELENSKIY

INDIA PM MODI: KEEPING STRAIT OF HORMUZ OPEN VITAL FOR GLOBAL ECONOMY

TRUMP: MODI HAS BEEN MY FRIEND FOR A LONG TIME NOW

TRUMP SAYS STOCKS SURGE, OIL FALLS TRUMP EXPECTS MARKET GAINS CONTINUE

$SPCX - SPACEX SHARES EXTEND DECLINES, LAST DOWN 3%

U.S. APRIL BUSINESS INVENTORIES +0.5% (CONSENSUS +0.5%) VS MARCH +1.0% (PREV +0.9%)

US PENDING HOME SALES INDEX +3.8% TO 76.8 IN MAY - NAR

ECB'S SLEIJPEN - IF THERE WAS ANOTHER ECB RATE HIKE TO 2.5%, WE WOULD STILL BE IN NEUTRAL RANGE BASED ON CURRENT ANALYSIS

GOLD SEEN REBOUNDING TOWARD $5,000/OZ Analysts say gold could still rally back toward $5,000/oz this year, though a $6,000/oz peak now looks unlikely. Rick Kanda of The Gold Bullion Company says continued central bank buying could support prices, but shifting macro conditions

$TSLA - DUTCH ROAD AUTHORITY RDW SAYS "NO RELEVANT INCIDENTS" YET WITH TESLA SELF DRIVING SOFTWARE RDW: IT HAS INCREASED MONITORING OF TESLAS USING FSD DRIVER ASSISTANCE SOFTWARE RDW: 40,000 TESLAS ARE USING FSD SOFTWARE IN THE NETHERLANDS

WARSH DEBUT MAY TRIGGER BOND VOLATILITY Kevin Warsh could spark bond-market volatility in his first press conference today, Fidelity portfolio managers say. The Fed is expected to hold rates at 3.5%–3.75% and shift to a neutral stance, but uncertainty centers on Warsh’s

PAKISTAN REQUESTS DELAY ON MOU PUBLICATION JD Vance told CBS that the Pakistani side has requested that the full text of a memorandum of understanding not be published for now. He did not provide further details, citing the request for temporary confidentiality.

OIL FLOWS RESUME AS PRICES EASE JD Vance told CBS that oil and gas flows through the Strait of Hormuz are returning, with prices already declining. He framed the development as a restoration of supply stability after recent disruptions, pointing to early signs of easing pressure

SPACE X LEVERAGED ETF MANIA SURGES Trading in 2x SpaceX ETFs has topped $3B (up from $1B yesterday), with nearly all funds already above $100M AUM. $SPCH reached $1.3B in volume—reportedly the highest ever for a Day Two ETF, surpassing $IBIT’s $500M. The rapid inflows suggest

TANKER DELAYS EXTEND OIL MARKET REBALANCING Tanker voyage times from the Persian Gulf to Asia mean oil markets would rebalance slowly even after the Strait of Hormuz reopens, Rabobank strategists say. Fully laden shipments to India, China, South Korea and Japan take 28–55 days,

- US MAY RETAIL SALES +0.9% (CONSENSUS +0.5%)

*IRAN SIGNS MOU TO BUY 20 HELICOPTERS FROM RUSSIA: IRNA

$MU : DEUTSCHE BANK RAISES TARGET PRICE TO $1,500 FROM $1,000

TRUMP: IF I DON'T LIKE WHAT I SEE, WE'LL STRIKE AGAIN

TRUMP: IRAN MOU IS NOT FINAL, IF I DON'T LIKE AGREEMENT WE WILL GO BACK TO DROPPING BOMBS

TRUMP: REPORT OF $300 BILLION FUND IN IRAN DEAL IS FALSE, US IS NOT INVESTING IN IT

TRUMP: IRAN WILL NEVER A NUCLEAR WEAPON

TRUMP: HORMUZ STRAIT ALREADY PARTIALLY OPENED

*SPACEX BECOMES FIFTH-LARGEST STOCK IN WORLD, OVERTAKING AMAZON

Microsoft $MSFT walked away from a deal worth more than $3B to lease Oracle $ORCL cloud capacity over security concerns, per Business Insider. The plan was to move some Microsoft workloads to Oracle Cloud Infrastructure, but Oracle's public cloud lacked FedRAMP certification for

DRONE ATTACK HITS IRANIAN OPPOSITION CAMP EAST OF IRAQ’S ERBIL - SECURITY SOURCES

IRAN'S FOREIGN MINISTER SAYS NEGOTIATIONS BETWEEN U.S. AND IRAN WILL START ON THE SAME DAY THE MOU BETWEEN THE TWO IS SIGNED IRAN'S FOREIGN MINISTER: AFTER FIRST PHASE, NEGOTIATIONS WILL CONTINUE FOR 60 DAYS FOR A FINAL AGREEMENT WHICH WILL INCLUDE NUCLEAR ISSUE AND LIFTING OF

$300 BILLION PRIVATE FUND PLANNED TO BOOST IRAN INVESTMENT A US-Iran framework agreement includes plans for a $300 billion private investment fund to support Iran’s economy, a source told Reuters. The fund would launch only after a final deal is signed, with no government money

Calix $CALX customer SC invests in agentic AI with Calix One, citing a 90 net promoter score and zero call center churn.

HALF OF BITCOIN SUPPLY STILL IN LOSSES Around 10 million bitcoin, roughly half of circulating supply, is currently underwater, Cex. io says. Despite stabilization near $60,000, unrealized losses remain at levels seen during the 2018 and 2022 bear markets. The firm warns

*US 20Y BONDS DRAW 4.927% VS 4.937% PRE-SALE WHEN-ISSUED YIELD

IRAN CAN THREATEN HORMUZ CLOSURE AGAIN, US INTEL WARNS US intelligence assessments indicate Iran can potentially shut down the Strait of Hormuz again after demonstrating that capability during the conflict. Despite an expected reopening agreement, Tehran retains missiles,

Snap $SNAP introduces Specs augmented reality glasses. Available for pre-order today at Specs .com for $2,195 with a $200 refundable deposit, expected to ship this fall in the US, UK, and France. Snap is also introducing agentic development for building Specs Lenses in Lens

HPE $HPE brings agentic AI into production with Nvidia $NVDA, delivering security, governance, scale, and sovereignty.

Microsoft $MSFT weighs DeepSeek for Copilot Cowork, per Axios. Microsoft is moving Copilot Cowork to usage-based pricing and considering a Microsoft-hosted version of DeepSeek as a cheaper model option.

Google $GOOGL launches Brazos liquid cooling system for data centers, per a company blog post.

TRUMP INVOKES DEFENSE PRODUCTION ACT OVER 'SYSTEMIC CONSTRAINTS' IN MUNITIONS INDUSTRY -PRESIDENTIAL MEMO

SAILORS ON A RUSSIAN FRIGATE FIRED WARNING SHOTS AT A SAILING YACHT IN ENGLISH CHANNEL- SKY NEWS CITING PRESS ASSOCIATION

LEBANESE STATE MEDIA SAYS FOUR KILLED IN SEPARATE ISRAELI ATTACKS ON SOUTH LEBANON ON TUESDAY

WELLS FARGO INVESTMENT INSTITUTE RAISES 2026 YEAR-END TARGET RANGE FOR S&P 500 INDEX TO 7,800-8,000 FROM 7,400-7,600 WELLS FARGO INVESTMENT INSTITUTE SETS 2027 YEAR-END TARGET RANGE FOR S&P 500 INDEX AT 8,600-8,800

IRAN'S QALIBAF IN CALL WITH LEBANON'S NABIH BERRI: THE WAR MUST END ON ALL FRONTS, INCLUDING LEBANON

IRAN'S TOP NEGOTIATOR QALIBAF IN CALL WITH LEBANON'S PARLIAMENT SPEAKER: ISRAEL MUST WITHDRAW FROM 'THE OCCUPIED AREAS' IN LEBANON, PEOPLE OF SOUTHERN LEBANON MUST RETURN TO THEIR HOMES

CITI: BROADER U.S. EQUITY FLOWS, BUT NASDAQ POSITIONING RISK PERSISTS U.S. equity positioning broadened last week, but Citi warns stretched Nasdaq exposure remains a key risk. Small caps saw strong inflows, while Nasdaq gains were driven by short covering and new longs. Europe

G7 LEADERS CALL FOR A STRONG AND COORDINATED RESPONSE TO EBOLA OUTBREAK

MORE THAN 500,000 OPTIONS CONTRACTS ON SPACEX CHANGE HAND WITHIN FIRST HOUR OF START OF OPTIONS TRADING - TRADE ALERT DATA

HORMUZ REOPENING COULD TRIGGER SHORT-TERM TANKER SURGE – KPLER Kpler says reopening of the Strait of Hormuz could initially release about 118 trapped laden tankers, causing a sharp but temporary spike in traffic over 10–15 days. Recovery speed depends on how quickly new vessels

$SPCX - SPACEX OVERTAKES MICROSOFT TO BECOME THE FOURTH BIGGEST COMPANY BY MARKET VALUE

SPACEX SHARES EXTEND GAINS, LAST UP 12%

$SPCX - SPACEX SURPASSES AMAZON TO BECOME WORLD'S FIFTH MOST VALUABLE COMPANY

SPACEX SHARES UP 4% AFTER JUMPING OVER 19% IN THE LAST SESSION

HARRIS DISMISSES TRUMP IRAN DEAL AS “CONCEPT OF AN AGREEMENT” Kamala Harris told CNN that Donald Trump’s Iran memorandum is only a “concept of an agreement” ahead of its expected Friday signing. She criticized the conflict as a “war of choice” and said she would not have

BINANCE SET TO LOSE PERMISSION TO OFFER SERVICES TO EU CLIENTS AS LICENCE APPLICATION IN GREECE TO BE TURNED DOWN, TWO SOURCES SAY BINANCE SAYS IT BELIEVES IT HAS MET THE RELEVANT REQUIREMENTS TO BE MICA AUTHORISED IN EU

QATARENERGY IS READY TO RESUME LNG PRODUCTION AT RAS LAFFAN VERY QUICKLY AND REACH FULL PRODUCTION WITHIN ONE MONTH - SOURCE WITH KNOWLEDGE THE MAIN PROBLEM IS SHIPPING NOT PRODUCTION AND HOW FAST CAN QE BRINGS SHIPS IN - SOURCE WITH KNOWLEDGE

MOSCOW OIL REFINERY HALTED OPERATIONS AFTER UKRAINIAN DRONE ATTACK ON JUNE 16, SOURCES SAY

*TRUMP: SOON WE'LL BE ABLE TO DO INCREASED SANCTIONS ON RUSSIA

TRUMP: HORMUZ WILL BE TOLL-FREE WHEN IT OPENS PERMANENTLY

TRUMP: WOULD SEND IRAN DEAL TO CONGRESS FOR REVIEW

TRUMP: THIS AGREEMENT IS ABOUT ONE THING - THAT IRAN WILL NEVER HAVE A NUCLEAR WEAPON

TRUMP: WILL GO OVER IRAN MOU WITH MEDIA IN A COUPLE OF DAYS

TRUMP SAYS WILL HAVE A NEWS CONFERENCE ON IRAN DEAL

BRENT DROPS BELOW $80/BBL FOR FIRST TIME SINCE EARLY MARCH

NO “BIG TOP” YET IN RISK ASSETS, BOFA SAYS Investor sentiment is near peak levels but not yet at a major market top, BofA’s survey shows. Its Bull & Bear Indicator hit 8.9, a technical sell signal, though cash rose slightly to 4.1%. Fund managers trimmed equity and tech

G7 SUMMIT – EVIAN (JUNE 16, 2026) — ALL TIMES LOCAL (CEST) 🔸 06:15 Pool call time 🔸 08:00 Executive time (closed press) 🔸 09:00 Working session: G7 Leaders + Ukraine (restricted pool) 🔸 10:30 Bilateral meeting with Emir of Qatar (out-of-town pool) 🔸 11:15 Bilateral meeting

HORMUZ OIL FLOWS SEEN RECOVERING ONLY BY LATE SUMMER Oil traffic through the Strait of Hormuz is unlikely to normalize before late July and may only return to prewar levels by end-September, HSBC says. Delays stem from mine clearance, insurance, storage drawdowns, and restarting

WALL STREET CUTS OIL PRICE FORECASTS ON IRAN DEAL HOPES Major banks are lowering oil-price forecasts as optimism grows over a US-Iran deal. Goldman Sachs cut its Brent outlook to $80 for Q4 and $75 for 2027, citing faster Gulf export normalization. Morgan Stanley expects gradual

FED EXPECTED TO HOLD RATES, BIAS TOWARD HAWKISH SIGNALS Most investors expect the Fed to keep rates unchanged at the upcoming meeting, BofA survey shows. 55% foresee a “hawkish hold,” with Chair Kevin Warsh signalling higher-for-longer policy. Another 33% expect a “dovish hold,”

INVESTORS TURN LESS BEARISH ON DOLLAR Investors raised dollar allocations in June, betting on potential Fed rate hikes, BofA survey shows. Net dollar positioning is now 3% underweight, the least since March 2025. Only 34% see the dollar as overvalued, down from 50% in May.

$TSLA - TESLA DELIVERIES SET TO BEAT EXPECTATIONS Goldman Sachs raised its Tesla Q2 delivery forecast to 420,000 vehicles, above the 400,000 consensus, citing stronger-than-expected sales data. Europe led growth with a major rebound, while China and other Asian markets also

🚨 EARTHQUAKE SHAKES BUILDINGS IN TOKYO

INVESTORS SEE GLOBAL ECONOMY AVOIDING RECESSION A Bank of America survey shows 47% of global fund managers expect a “soft landing” — slowing inflation without major economic damage. Only 5% foresee a hard landing, while 40% predict no landing. Rate-cut expectations dropped

IRAN'S MEHR: EXPLOSIONS OCCURRED IN STRAIT OF HORMUZ AREA ARE POSSIBLY LINKED TO TRAFFIC MANAGEMENT

ISRAELI MILITARY SAYS IT INTERCEPTED NUMEROUS ROCKETS LAUNCHED BY HEZBOLLAH TOWARD TROOPS IN SOUTHERN LEBANON

SPACEX STOCK SOARS AFTER BLOCKBUSTER DEBUT SpaceX shares continued their impressive market run, rising 16% after a record-breaking IPO debut. The surge added nearly $340 billion in market value, pushing the company above a $2.4 trillion valuation and strengthening Elon Musk’s

Dave & Buster's $PLAY Q1 2026 earnings: - Revenue: $559.2M, -1.5% - Comparable store sales: -5.4% - Adj net income: $7.8M, $0.22 per diluted share

Applied Materials $AMAT introduces two new chipmaking systems for advanced 3D structures.

24% OF AMERICANS APPROVE OF TRUMP’S HANDLING OF COST OF LIVING, UP FROM 22% A WEEK AGO AND 20% A MONTH AGO, ACCORDING TO REUTERS/IPSOS POLL

TRUMP APPROVAL RISES TO 36% AS COST‑OF‑LIVING DISCONTENT EASES, ACCORDING TO REUTERS/IPSOS POLL

TRUMP : NO SANCTIONS RELEIF FOR IRAN UNTIL THEY DO WHAT THEY ARE SUPPOSED TO DO

TRUMP : WILL RELEASE IRAN DEAL TEXT SOMETIME AFTER FRIDAY

TRUMP: I MAY BE INVOLVED, I MAY NOT ON IRAN SIGNING

TRUMP ON WAR IN UKRAINE: GOING TO SEE IF WE CAN DO SOMETHING, BOTH LEADERS SEEM OPEN

TRUMP ON WAR IN UKRAINE: HAD GOOD CONVERSATIONS WITH ZELENSKIY, PUTIN

SENIOR U.S. OFFICIAL ON IRAN DEAL: ISRAEL'S WITHDRAWAL FROM LEBANON IS NOT A CONDITION OF THE DEAL

SENIOR U.S. OFFICIAL ON IRAN DEAL: U.S. PREPARED TO RELEASE FROZEN FUNDS AND RELIEVE SANCTIONS; MAY DO SOME SMALL GESTURES AT BEGINNING

$SPCX - *SPACEX SHARES EXTEND GAINS TO 10% IN SECOND DAY OF TRADING

SENIOR U.S. OFFICIAL: WE WERE UNHAPPY WITH THE JOB THE OMANIS DID DURING NEGOTIATIONS BEFORE WAR

SENIOR U.S. OFFICIAL ON IRAN DEAL: PLAN IS TO KEEP CURRENT U.S. MILITARY FORCE POSTURE DURING NEXT PHASE OF NEGOTIATIONS

SENIOR U.S. OFFICIAL ON IRAN DEAL: GOING TO LAUNCH TECHNICAL DISCUSSIONS LATER THIS WEEK

- SENIOR U.S. OFFICIAL ON IRAN DEAL: DETAILS OF AGREEMENT WILL BE PUT OUT WITHIN NEXT 24-48 HOURS

SENIOR U.S. OFFICIAL: THERE WILL BE SIGNIFICANT INCREASE IN TRAFFIC IN STRAIT STARTING ALREADY

SENIOR U.S. OFFICIAL: DEAL PROVIDES FOR IMMEDIATE OPENING OF STRAIT OF HORMUZ AND LIFTING OF U.S. BLOCKADE ON IRAN

SENIOR U.S. OFFICIAL: U.S. HAS SIGNED MOU WITH IRAN

IRAN'S FOREIGN MINISTER: THE FIRST ROUND OF NEGOTIATIONS WOULD BE HELD AFTER THE SIGNING OF THE MEMORANDUM OF UNDERSTANDING BETWEEN IRAN AND U.S. - STATE MEDIA IRAN'S FOREIGN MINISTER: WE PLAN THE PROCESS OF NEGOTIATIONS AND IMPLEMENTATION OF THE AGREEMENT BASED ON DISTRUST,

- IRAN'S FOREIGN MINISTER: PROBABLY THERE WILL BE A MEETING BETWEEN THE HEADS OF NEGOTIATING TEAMS ON FRIDAY IN SWITZERLAND

BINANCE HOLDS OVER 60% MARKET SHARE OF SPACEX PERPETUAL FUTURES

Google $GOOGL says its Threat Intelligence Group identified a hacking campaign attributed to UNC6508, a PRC-nexus threat actor. The campaign targeted institutions in the North American academic, medical, and military research community, with the earliest known compromise in

IRAN COULD ACCESS $300B FUND WITH CONDITIONS Vice President JD Vance said Iran could gain access to a $300 billion Gulf-funded reconstruction fund if it meets key obligations, including nuclear commitments. He warned Iranian hardliners may overlook the concessions required.

Google $GOOGL announces a $1.5B investment for 2026 and 2027 to expand its data center campus in Jackson County, Alabama.

UKMTO SAYS RECEIVED A REPORT OF AN INCIDENT 111 NAUTICAL MILES SOUTHEAST OF YEMEN'S ADEN

ANTHROPIC FACES AI MODEL DISPUTE WITH US Anthropic executives are meeting Trump administration officials to resolve a dispute over its Fable 5 and Mythos 5 AI models. A government directive cited national security concerns and ordered restricted access, prompting Anthropic to

US PRESIDENT DONALD TRUMP HAS LANDED IN EVIAN FOR G7 SUMMIT, FRANCE PRESIDENCY SAYS

U.S. BLOCKADE OF IRANIAN PORTS REMAINS IN EFFECT PENDING COMPLETION OF AGREEMENT WITH IRAN SCHEDULED FOR JUNE 19, U.S. MILITARY ADVISORY SAYS SHIPS AFFECTED BY THE BLOCKADE SHOULD NOT ATTEMPT TO CROSS UNTIL 'EXPLICIT DIRECTION' IS GIVEN, U.S. MILITARY ADVISORY SAYS

ISRAELI DRONE STRIKE ON CAR IN SOUTH LEBANON KILLS DRIVER -LEBANESE SECURITY SOURCE, STATE MEDIA

$SPCX - SPACEX IPO RAISES TOTAL OF $85.7 BILLION AS UNDERWRITERS EXERCISE 'GREENSHOE' OVERALLOTMENT OPTION - CNBC

TRUMP ARRIVES IN EUROPE FOR G7 SUMMIT President Donald Trump arrived in Geneva ahead of the G7 summit in Évian-les-Bains, France, where his Iran agreement is expected to dominate talks. He flew overnight from Washington after attending a UFC event. From Geneva, he will travel to

HORMUZ REOPENING STILL FACES MINE RISK Even if the Strait of Hormuz reopens after a US–Iran deal, naval mines remain a major threat to shipping. Experts warn detection and removal are complex, requiring scarce naval resources, and routes can be re-mined quickly. With unclear

$1M STARTER HOMES SPREAD ACROSS US CITIES Zillow says 242 US cities now have starter homes priced at $1M+, up from 226 last year. While the average starter home is ~$198,649, affordability remains strained despite slight improvement. California leads with 105 cities. New York

$SPCX - SPACEX SURGES PREMARKET SPCX is up ~6% in premarket trading. $SPCH and $SSPC are new daily leveraged ETFs tied to SpaceX: SPCH targets +2x daily returns, while SSPC targets -2x.

KALSHI BUILDS AI “HARRISON” TO STRESS-TEST MARKETS Kalshi has built an internal AI agent, “Harrison,” to help design, review, and stress-test prediction market contracts. It analyzes wording, flags risks, suggests new listings, and tracks news and competitors. Built on

Trump: 'Sadly, if you import people from Third World Countries, you quickly become a Third World Country — And there's not a thing you can do about it. MAKE AMERICA GREAT AGAIN! President DONALD J. TRUMP'

TRUMP ON IRAN: SHIPS ARE STARTING TO MOVE, MANY LOADED UP WITH OIL, OUT OF STRAIT OF HORMUZ

*IRAN SAYS US COMMITTED NOT TO IMPOSE ANY NEW SANCTIONS: TASNIM

*SWEDEN PICKS ROLLS-ROYCE FOR NEW NUCLEAR REACTORS

*US FORCES MUST LEAVE VICINITY OF IRAN 30 DAYS AFTER FINAL DEAL

VANCE: HOPE TO RELEASE TEXT THIS WEEK -CNBC

$NVDA - NVIDIA TO RAISE $20 BILLION THROUGH SEVEN-PART U.S. BOND ISSUANCE – SOURCE

VANCE: EXPECT TO HAVE A FULL SPECTRUM OF IRANIAN REPRESENTATIVES AT FRIDAY SIGNING

VANCE ON IRAN: WE WILL SEE WHERE TEHRAN WILLING TO MAKE CONCESSIONS -CNBC

HEZBOLLAH WELCOMES U.S.-IRAN MEMORANDUM OF UNDERSTANDING - STATEMENT

VANCE ON IRAN: LOTS OF DETAILS STILL TO SORT OUT

*VANCE: HORMUZ ALREADY ENJOYING MORE TRAFFIC

IRAN'S BAGHAEI SAYS U.S. IS OBLIGED TO DELIVER ITS COMMITMENTS UNDER THE AGREEMENT, FAILURE TO DO SO WILL LEAD TO RECIPROCAL MEASURES FROM TEHRAN

$NVDA - *NVIDIA PLANS TO RAISE AT LEAST $20B FROM HIGH-GRADE BOND SALE

IRAN'S BAGHAEI SAYS THE U.S. WILL COMMIT ITSELF TO GIVE IRAN ACCESS TO ITS FROZEN FUNDS, U.S. WILL NOT GIVE TEHRAN ANY MONEY

$MSTR - STRATEGY BOUGHT 1,587 BTC ($100.0M) AT AN AVERAGE PRICE OF $63,024

RUSSIA'S LAVROV ON EXPECTED U.S.-IRAN PEACE DEAL: WE HOPE THAT MEMORANDUM IS SIGNED THIS WEEK - IFX

IRAN'S FOREIGN MINISTRY SPOKESPERSON BAGHAEI SAYS RESPECTING SOVEREIGNTY AND TERRITORIAL INTEGRITY OF LEBANON IS PART OF INTERIM AGREEMENT WITH U.S.

IRAN SAYS US DEAL MEMORANDUM NEAR COMPLETION Iran’s Foreign Ministry spokesperson said a memorandum of understanding with the U.S. is being finalized to end what Tehran describes as a multi-front conflict. He framed the development as a strategic victory for Iran, praised

OIL SLUMP COULD FUEL STOCK RALLY JPMorgan’s Karen Ward says falling oil prices could become a “huge tailwind” for equities. A potential U.S.-Iran deal may boost global supply, push oil toward $70, ease inflation, and support rate cuts. She expects renewed market rotation, with

MAERSK: AT THIS STAGE, THERE ARE NO CHANGES TO OUR OPERATIONS IN THE MIDDLE EAST REGION

MACRON: IT IS NOT THE UNITED STATES WHO DECIDE WHAT CONSTITUTES THE LAW FOR WE EUROPEANS

MACRON: TARIFFS ARE OF NO USE TO ANYBODY, INCLUDING THE UNITED STATES

HEZBOLLAH HAS NOT CARRIED OUT ANY OPERATIONS SINCE IRAN-US DEAL ANNOUNCED -HEZBOLLAH OFFICIAL TO REUTERS

FRENCH PRESIDENT MACRON: G7 WILL DO EVERYTHING TO ENSURE THAT HORMUZ REOPENS MACRON:BRITAIN, FRANCE, ITALY, NETHERLANDS AMONG COUNTRIES READY TO DEPLOY IN HORMUZ MISSION MACRON:HORMUZ MISSION COULD BE DEPLOYED WITHIN 2-3 DAYS AFTER US-IRAN AGREEMENT MACRON: RE-OPENING OF

$ROKU - *FOX TO BUY ROKU FOR $160/SHR IN CASH AND STOCK DEAL

$SPCX - SPACEX TARGETS $1 TRILLION REVENUE Elon Musk said SpaceX could generate $1 trillion in revenue by 2030. The projection comes just days after the company went public, reaching a valuation above $2 trillion.

MONDAY, JUNE 15, 2026 — PRESIDENT’S G7 SCHEDULE Early Morning • Departs White House for Joint Base Andrews • Departs Joint Base Andrews for Geneva Airport, en route to Evian-les-Bains, France 5:30 PM Local • Bilateral Meeting with the President of the French Republic 📍

IRAN-U.S. MOU INCLUDES THAT HALF OF IRAN'S $24 BLN BLOCKED FUNDS MUST BE AVAILABLE BEFORE FINAL TALKS START - IRANIAN MEDIA

DRAFT IRAN-U.S. MEMORANDUM WOULD SUSPEND SANCTIONS ON IRANIAN OIL AND PETROCHEMICAL SALES - IRANIAN MEDIA

IRAN'S TASNIM CITES SOURCE AS SAYING THAT STRAIT OF HORMUZ WILL REOPEN ON FRIDAY AFTER SIGNING OF MOU

Meta $META CEO Zuckerberg says in internal memo the company has made mistakes on its AI transformation, per a Reuters exclusive. Zuckerberg says Meta will try to find new roles for employees reassigned to train AI models, plans to limit expansion of team sizes, minimize org

BREAKING: Paramount-Warner Bros. Discovery $WBD merger wins approval from the DOJ, source tells CNBC.

MSCI: SPACEX ADDED TO STANDARD AND LARGE CAP INDEXES

IRAN'S ARAGHCHI: IF THE FINAL STAGE OF NEGOTIATIONS IS COMPLETED, THE AGREEMENT WILL BE SIGNED REMOTELY BY BOTH SIDES AND THEN ANNOUNCED

IRAN'S ARAQCHI: OUR SWORD WILL ALWAYS HANG OVER STRAIT OF HORMUZ

IRAN'S ARAQCHI: MANAGEMENT OF STRAIT OF HORMUZ WILL NOT RETURN TO PRE-WAR ERA

UnitedHealth's $UNH Optum Rx reaches proposed settlement with the FTC in case over insulin pricing, per administrative order.

Roku $ROKU is in talks to sell itself, including discussions with at least one US media company about a potential combination, per Bloomberg. No final decisions have been made. Roku has a market value of ~$19.9B, with founder and CEO Anthony Wood controlling majority voting

Meta $META plans to crack down on employee token use as AI costs soar, per an internal memo reported by The Information. Internal AI usage is projected to cost Meta billions in 2026.

UAE TO UNLOCK BILLIONS OF DOLLARS FOR IRAN, SOURCES SAY

Microsoft $MSFT has considered spinning out Xbox and plans new 'Halo' and 'Fallout' games, per The Information.

U.S. SEES 80%-85% CHANCE IRAN DEAL WILL BE SIGNED

SENIOR ADMINISTRATION OFFICIAL: IRAN DEAL ACCOMPLISHES CORE U.S. OBJECTIVES IRAN DEAL REOPENS STRAIT OF HORMUZ - OFFICIAL SENIOR ADMINISTRATION OFFICIAL: U.S. TO GET ENRICHED MATERIAL UNDER IRAN DEAL U.S. OFFICIAL: IRAN DEAL GUARANTEES LONG-TERM PEACE IN REGION SENIOR

U.S. JUDGE WON'T BLOCK TRUMP'S UFC MIXED MARTIAL ARTS EVENT AT WHITE HOUSE ON JUNE 14

TRUMP STILL THINKS A DEAL WITH IRAN COULD BE SIGNED OVER THE WEEKEND OR ON MONDAY -AXIOS

*TRUMP CALLS ARAGHCHI'S X POST 'VERY POSITIVE': AXIOS

$SPCX - SPACEX SHARES JUMP TO SESSION HIGH OF $169, 25% ABOVE IPO PRICE

SPACE X IPO BANK FEES TOP $500 MILLION SpaceX’s IPO will generate about $500 million in total fees, or roughly 0.7% of the $75 billion raise. Goldman Sachs and Morgan Stanley are expected to earn about $100 million each, taking the largest share. Bank of America, Citigroup, and

SCHWAB MAY DATA SHOWS SURGE IN LEVERAGED TRADING Charles Schwab’s May 2026 report shows margin loan balances nearly doubled as leveraged trading activity increased, according to William Blair. Client trading hit a record, while sweep cash rose 20% and total client assets climbed

SPACEX OPTIONS TO BEGIN TRADING ON TUESDAY AFTER IPO

PAKISTAN PM SHEHBAZ SHARIF: FINAL, AGREED UPON TEXT OF PEACE DEAL BETWEEN IRAN AND US HAS BEEN REACHED

$SPCX - SPACEX : CFRA INITIATES COVERAGE WITH SELL RATING; TARGET PRICE $115

SPACEX JOINS U.S. MEGA-CAP RANKING At a valuation of $2.12 trillion, SpaceX would rank among the largest U.S. companies: 🔸 Nvidia — $4.96T 🔸 Alphabet — $4.40T 🔸 Apple — $4.29T 🔸 Microsoft — $2.88T 🔸 Amazon — $2.54T 🔸 SpaceX — $2.12T 🔸 Broadcom — $1.80T 🔸 Meta — $1.44T

$SPCX - CITADEL HANDLES RECORD RETAIL IPO ORDERS Citadel Securities said it processed a record number of retail orders during an IPO auction, based on its internal data. The firm described the activity as the largest retail order flow it has handled for an IPO auction to date.

*MUSK BECOMES WORLD'S FIRST TRILLIONAIRE AS SPACEX JUMPS AT OPE

$SPCX - SPACEX OPENS AT $1.96 TRILLION IN MARKET VALUE IN NASDAQ DEBUT; SHARES LAST UP 12% VS $135 IPO PRICE

$SPCX - SPACEX SHARES BEGIN TRADING AFTER $75 BILLION IPO SPACEX SHARES OPEN AT $150 AFTER IPO PRICED AT $135/SHARE

CNBC SAYS $SPCX TRADING STARTS IN FIVE MINUTES

$SPCX - SPACEX SHARES INDICATED TO OPEN AT $151 IN NASDAQ DEBUT VS IPO PRICE OF $135 PER SHARE

$SPCX - SPACEX SHARES INDICATED TO OPEN AT $155 IN NASDAQ DEBUT VS IPO PRICE OF $135 PER SHARE

VANCE: SEEING A LOT OF FAKE INFORMATION ABOUT A POTENTIAL DEAL TO REOPEN STRAIT AND END IRAN'S NUCLEAR WEAPONS PROGRAM

VANCE: IRANIANS ARE NOT RECEIVING ANY CASH, AND NO FUNDS ARE BEING RELEASED FOR SIMPLY SIGNING A DEAL OR ATTENDING A MEETING

$SPCX - CBOE TO LAUNCH SPACEX OPTIONS AS EARLY AS TUESDAY Cboe Global Markets expects to list options tied to SpaceX as soon as Tuesday, pending regulatory and clearing approvals. The contracts would allow traders to bet on or hedge SpaceX share price moves. Cboe says it

*SPACEX SHARES INDICATED TO OPEN AT $162 EACH, IPO PRICE $135

CoreWeave $CRWV to join the Nasdaq-100 index.

$CRWV - COREWEAVE TO JOIN NASDAQ-100 INDEX

IRANIAN FOREIGN MINISTER SAYS IN LINE WITH OUR RESPONSIBLE AND TRANSPARENT APPROACH, ALL DETAILS WILL BE SHARED WITH THE PUBLIC IN DUE COURSE

IRANIAN FOREIGN MINISTER SAYS THE ISLAMABAD MEMORANDUM OF UNDERSTANDING HAS NEVER BEEN CLOSER

ARAGHCHI: ISLAMABAD MEMORANDUM OF UNDERSTANDING HAS NEVER BEEN CLOSER

*SPACEX SHARES INDICATED TO OPEN AT $165 EACH, IPO PRICE $135

$TSLA - TESLA SHARES REVERSE COURSE, LAST DOWN 1.3%

CORRECTED - SPACEX SHARES INDICATED TO OPEN AT $170 IN NASDAQ DEBUT VS IPO PRICE OF $135 PER SHARE

Facebook appears to be down, with over 62,000 US users reporting problems, per Downdetector. $META

WRIGHT SAYS A GAS TAX HOLIDAY OVER THE SUMMER IS POSSIBLE TO HELP REDUCE GASOLINE PRICES

ISRAELI DEFENCE MINISTER SAYS ISRAEL WILL NOT WITHDRAW FROM SECURITY ZONES IN LEBANON, SYRIA AND GAZA -POST ON X

ISRAELI DEFENCE MINISTER SAYS HE AND PM NETANYAHU INSTRUCTED ISRAELI MILITARY TO PREPARE ACCORDINGLY TO PREVENT IRAN FROM OBTAINING NUCLEAR WEAPONS -POST ON X

ISRAELI DEFENCE MINISTER SAYS ISRAEL EXPECTS TRUMP TO STAND FIRM ON IRAN NUCLEAR PRINCIPLE, MISSILES AND 'TERRORIST PROXIES' -POST ON X

IF THERE IS NO PEACE DEAL, US MILITARY WILL RESTORE FLOW OF PRODUCTS THROUGH STRAIT, WRIGHT SAYS

NO IRANIAN CRUDE IS GETTING OUT OF STRAIT OF HORMUZ, WRIGHT SAYS

$SPCX - SPACEX SET TO TOP $2 TRILLION IN MARKET VALUE IN NASDAQ DEBUT; SHARES INDICATE TO OPEN AT $175 VS $135 IPO PRICE

US ENERGY SECRETARY CHRIS WRIGHT SAYS ROUGHLY 7 MILLION BPD IS GETTING OUT OF GULF TODAY WITH US MILITARY HELP -CONFERENCE

*NASDAQ: SPACEX REMAINS IN PRE-LAUNCH STATUS

*MICHIGAN 5-10 YR INFLATION EXPECTATIONS FALL TO 3.4%; EST. 3.8%

UNIVERSITY OF MICHIGAN SURVEYS OF CONSUMERS SENTIMENT PRELIM JUNE 48.9 (CONSENSUS 46.0)

Space stocks extend losses ahead of SpaceX's $SPCX Nasdaq debut: $SPCE -25.1% 🔴 $LUNR -10.3% 🔴 $RDW -10% 🔴 $PL -7.8% 🔴 $RKLB -8.8% 🔴 $SATL -9.8% 🔴 Space ETFs also lower: $UFO -5.5%, Roundhill's space ETF -4.6%.

ABOUT 70% OF SHARES SOLD TO INSTITUTIONS WERE ALLOCATED TO LONG-ONLY INVESTORS IN ADDITION TO SOVEREIGN WEALTH FUNDS IN SPACEX IPO

*IRAN WOULDN'T GET ANY MONEY UNTIL THEY PERFORM: US OFFICIAL

*IRAN NUCLEAR MATERIAL WOULD BE DESTROYED UNDER DEAL: US OFFICIAL

*SPACEX SHARES INDICATED TO OPEN 29% ABOVE IPO PRICE IN DEBUT

$SPCX - SPACEX SHARES INDICATED TO OPEN AT $171 IN NASDAQ DEBUT VS IPO PRICE OF $135 PER SHARE

RUSSIA'S PUTIN SAYS RUSSIA IS WORKING ON DEVELOPMENT OF SATELLITE SYSTEM FOR CONTROLLING COMBAT DRONES - IFAX

*SPACEX IPO SAID TO DRAW OVER $250 BILLION INSTITUTIONAL ORDERS

TRUMP: NO SUCH THING AS DEALING IN GOOD FAITH WITH IRAN TRUMP ON IRAN: BETTER GET THEIR ACT TOGETHER

IRAN'S NOORNEWS CITES INFORMED SOURCE AS SAYING MEMORANDUM NOT FINALISED IN IRAN, DENIES SIGNING IN GENEVA ON SUNDAY

SAM BANKMAN-FRIED LOSES BID TO OVERTURN FRAUD CONVICTION, 25-YEAR PRISON SENTENCE

*IRAN SAYS MOU WITH US UNDER INTERNAL REVIEW: IRIB

NASDAQ FUTURES DOWN 0.3%, S&P 500 FUTURES FLAT, DOW FUTURES UP 0.3%

IRAN SOURCE DENIES GENEVA AGREEMENT SIGNING CLAIM The claim of signing the agreement on Sunday in Geneva is pure falsehood’

META: TO DONATE RAY-BAN META GLASSES TO EVERY BLIND VETERAN IN AMERICA - WEBSITE

SAM ALTMAN CANCELS ABU DHABI TRIP OpenAI CEO Sam Altman has called off a planned visit to Abu Dhabi, according to people familiar with the matter. He was expected to meet executives from Mubadala, G42, MGX, and ADNOC as OpenAI prepares for a public market debut. The cancellation

$TSLA - GLJ KEEPS TESLA ON SELL ALERT GLJ Research analyst Gordon Johnson maintained a Sell rating on Tesla with a $24.86 price target. He expects Q2 deliveries to improve but argues the rebound reflects inventory clearing, seasonal demand, and easier comparisons—not renewed

SK HYNIX LOOKS TO NASDAQ FOR U.S. SHARE LISTING, SOURCES SAY

$SHAZ - SHARON AI ANNOUNCES SIX YEAR STRATEGIC COMPUTE COLLABORATION WITH NVIDIA

$SPCX - NASDAQ: IPO OF SPACEX TO BE RELEASED FOR QUOTATION AT 9:50AM ET

UBS CUTS GOLD TARGETS AS FED RATE CUTS DELAYED UBS lowered its gold forecasts by $300–900 per ounce, citing stronger U.S. data and delayed Fed easing expectations. The bank sees near-term pressure pushing gold toward $3,850–4,000/oz as higher yields and a stronger dollar weigh

IRAN'S IRNA: NO AGREEMENT IS MADE REGARDING THE NUCLEAR FILE IN THE CURRENT MEMORANDUM IRAN'S IRNA: NUCLEAR TALKS WILL TAKE PLACE WITHIN A 60-DAY PERIOD AFTER SIGNING

IRAN'S IRNA: THE FUTURE ADMINISTRATION OF THE STRAIT WILL BE RESOLVED AS A REGIONAL MATTER THROUGH DIALOGUE AND JOINT DECISION-MAKING BETWEEN TEHRAN AND OMAN

IRAN'S IRNA: UNDER THE MOU WITH U.S, IRAN MAKES NO COMMITMENT REGARDING THE TRANSFER OF MANAGEMENT OF THE STRAIT OF HORMUZ

IRANIAN STATE MEDIA: EXPLOSION HEARD NEAR SIRIK COAST, ITS CAUSE AND SOURCE UNCLEAR

CME GROUP TO EXPAND 24/7 TRADING FOR WTI CRUDE OIL AND GOLD

RH $RH Q1 results: - Revenue: $800.3M, -1.7% year over year Says revenue took an ~$45M hit from higher backorder and special order balances, which ran ~$75M above last year. FY2026 guidance: revenue growth of +4.5% to +8%.

Marvell $MRVL appoints Dan Durn as CFO effective June 15, the same day he departs Adobe $ADBE. Outgoing CFO Willem Meintjes will stay on as advisor through April 2027. Marvell reaffirms Q2 FY27 outlook.

Trump: Kharg Island is now off the table if we sign the agreement

Adobe $ADBE Q2 earnings: - Revenue: $6.62B vs $6.46B est, beat - Adjusted EPS: $5.96 vs $5.82 est, beat - Adjusted operating income: $2.95B vs $2.87B est, beat Q3 guidance: revenue $6.67B-$6.72B, adjusted EPS $6.05-$6.10. FY guidance: revenue $26.5B-$26.6B, adjusted EPS

*TRUMP SAYS IRAN WON'T HAVE NUCLEAR WEAPON IN DEAL

*TRUMP: EVERYBODY IN IRAN HAS APPROVED THE DEAL

ON IRAN: STRAIT OF HORMUZ WILL OPEN AS SOON AS WE SIGN

SPACEX FWP FILING SHOWS IPO OF 555.6 MLN SHARES OF CLASS A COMMON STOCK ; PRICE TO PUBLIC: $135.00 PER SHARE

IRAN'S FARS NEWS AGENCY SAYS IRAN HAS NOT GIVEN A FINAL RESPONSE YET

IRAN'S FARS NEWS AGENCY SAYS GIVEN THAT THE US HAS ACCEPTED THE TEXT PROPOSED BY IRAN, THE LIKELIHOOD OF THIS TEXT BEING APPROVED BY IRAN IS HIGH

IRAN'S FARS NEWS AGENCY, CITING A SOURCE WITH KNOWLEDGE, SAYS IRAN HAS NOT YET AGREED ANY DOCUMENT FOR MOU WITH U.S.

Anthropic announces multi-year global alliance with DXC Technology $DXC.

TRUMP: NOMINATES JAY CLAYTON AS NEXT DIRECTOR OF NATIONAL INTELLIGENCE

*TRUMP SAYS IRAN AGREEMENT PRETTY MUCH WRAPPED UP *TRUMP TELLS NYP REPORTER IRAN DEAL NEARS COMPLETION

SPOT GOLD EXTENDS GAINS, LAST UP NEARLY 2% AT $4,154.32/OZ

SPOT GOLD RISES 1.4% TO $4,131.66/OZ

U.S. STOCKS EXTEND GAINS AFTER TRUMP SAYS SCHEDULED STRIKES AGAINST IRAN HAVE BEEN CANCELLED; NASDAQ ADDS 1.3%

*TRUMP CANCELS PLANNED STRIKES AGAINST IRAN TONIGHT

OIL PRICES DROP SHARPLY AFTER TRUMP ANNOUNCES CANCELLATION OF STRIKES AGAINST IRAN

IRAN STRIKES CALLED OFF President Trump says he has cancelled planned U.S. strikes and bombings against Iran scheduled for this evening. He stated that all parties have approved the discussions and final terms in principle and in detail. A naval blockade will remain in place

IRAN'S DEFENSE MINISTRY: ANY ATTACK ON IRAN'S TERRITORIAL INTEGRITY WILL BE MET WITH A DECISIVE RESPONSE - STATEMENT

SPACEX IPO RETAIL ORDERS ARE SAID TO INCREASE TO OVER $100B

ISRAELI FIRM BLACKCORE, SUSPECTED OF MEDDLING IN LOCAL FRENCH ELECTIONS, ALSO MEDDLED IN NEW YORK CITY VOTE, FRENCH OFFICIAL SAYS

U.S. 30-YR FIXED RATE MORTGAGE AVERAGES 6.52 PCT IN JUNE 11 WEEK VS 6.48 PCT PRIOR WEEK-FREDDIE MAC

PENTAGON INCIDENT DUE TO FALSE ALARM -CNN

$SPCX - SPACEX IPO DRAWS $5B BLACKROCK ORDER Elon Musk’s SpaceX is preparing a $75B share sale, with huge investor demand. BlackRock ordered at least $5B, and other asset managers and sovereign funds placed similarly large bids. Total demand reportedly exceeds $70B from

*SPACEX PLANS TO SELL $75B OF SHARES IN LARGEST IPO EVER

$SPCX - *SPACEX'S IPO DRAWS AT LEAST $5B ORDER FROM BLACKROCK, SOURCES SAY

IRAN'S TOP NEGOTIATOR QALIBAF: WRONG STRATEGIES AND IMPULSIVE DECISIONS WOULD 'CREATE AN ENDLESS QUAGMIRE THAT YOU WILL BE STUCK IN FOR YEARS'

IMF RAISES EURO ZONE 2026 INFLATION FORECAST TO 2.8% FROM 2.6 IN APRIL IMF CUTS EURO ZONE 2026 GDP FORECAST TO 0.9% FROM 1.1% IN APRIL IMF SAYS EURO ZONE ECONOMIC RISKS ARE SKEWED TOWARD WEAKER GROWTH AND HIGHER INFLATION

IRAN'S TOP NEGOTIATOR QALIBAF SAYS WRONG STRATEGIES AND IMPULSIVE DECISIONS WILL 'RESET THE ENTIRE BOARD FOR THE WORSE' -POST ON X

IRAN WARNS “CRUSHING” RESPONSE TO ANY US KHARG ISLAND ATTACK Iran warned it would deliver a “crushing, painful” response if the US attacks or attempts to seize Kharg Island, a key oil export hub. Iranian official Ebrahim Azizi said the military is fully prepared and accused

*ECB OFFICIALS SEE NEXT RATE HIKE POSSIBLE AS SOON AS JULY

TWO LEVERAGED SPACEX ETFS WILL LAUNCH ON THE NYSE NEXT MONDAY Leverage Shares by Themes is bringing both a 2x long and a 2x short SpaceX ETF to market on June 15. Here's everything to know: - Leverage Shares 2X Long SpaceX Daily ETF: $SPCH - Leverage Shares 2X Short SpaceX

TRUMP SEEKS STRONGER IMPACT FROM IRAN STRIKES, SOURCES SAY President Donald Trump grew frustrated this week, believing US strikes on Iran were not seen as strong enough by Tehran or the media, according to sources. He ordered additional attacks and signaled further escalation on

TRUMP GROWS FURIOUS THAT HIS STRIKES ON IRAN ARE NOT SEEN AS POWERFUL ENOUGH, SOURCES SAY

CDC ACTIVATES SCREWWORM EMERGENCY RESPONSE AS CASES INCREASE

PENTAGON SPOKESPERSON: PENTAGON DETECTED AIR QUALITY ISSUE NECESSITATING PRECAUTIONARY MEASURES UNTIL WE DETERMINE ITS SIGNIFICANCE

ECB POLICYMAKERS EYE JULY PAUSE IF ENERGY PRICES STAY WHERE THEY ARE, SOURCES SAYS ECB WOULD NEED TO SEE MATERIAL SURGE IN CRUDE PRICES TO BACK JULY HIKE, SOURCES SAYS ECB POLICYMAKERS NOTE PROJECTIONS EMBED TWO MORE RATE HIKES, MEANING A SEPT RISE IS STILL POSSIBLE, SOURCES

PEOPLE EVACUATED FROM SEVERAL FLOORS OF PENTAGON -CNN

PENTAGON LOCKED DOWN, HAZMAT TEAMS RESPONDING -CNN, CITING SOURCES

*GRIFFIN EXPANDS PLANS FOR MIAMI FOOTPRINT AFTER MAMDANI CLASH

IRAN SAYS US STRIKES RENDER CEASEFIRE MEANINGLESS Iran said US strikes into Thursday were more intense and widespread, with Tehran offering limited damage details while claiming retaliatory attacks on Kuwait, Bahrain, and Jordan. It marks the third escalation this week involving

CRYPTO TRADERS PRICE SPACEX AT $2.2 TRILLION Crypto traders are valuing SpaceX far above its IPO range, with perpetual futures implying a $2.2 trillion valuation versus a $135 offer price. Contracts on Hyperliquid and Binance signal strong demand ahead of the record listing,

HEAD OF NATIONAL SECURITY COMMITTEE IN IRAN'S PARLIAMENT IN RESPONSE TO TRUMP THREATS AGAINST IRAN: HE WILL RECEIVE A STRONGER AND MORE PAINFUL RESPONSE

BEZOS SAYS AI WILL BOOST JOBS, LAUNCHES PROMETHEUS Jeff Bezos said AI will create a labor shortage rather than destroy jobs, arguing it will boost productivity and expand employment opportunities. He is co-leading new AI firm Prometheus, which aims to build an “artificial

*CNN SAYS IRAN PREPARES DEFENSES ON KHARG ISLAND *CNN REPORTS IRAN DEPLOYS AIR DEFENSES ON KHARG ISLAND *IRAN MILITARY MOVES MANPADS TO KHARG ISLAND SAYS CNN *CNN SAYS IRAN LAYS MINES ON KHARG ISLAND SHORELINE *US OFFICIALS WARN KHARG ISLAND OPERATION RISKS CASUALTIES

IRAN FORTIFIES KHARG ISLAND AMID US THREAT Iran has spent months strengthening defenses on Kharg Island in anticipation of a possible US operation, CNN reports. Measures include deploying additional troops, air defenses, MANPADS, and laying anti-personnel and anti-armor mines,

*UAE AND IRAN SAID TO HAVE MET FACE-TO-FACE TO EASE TENSIONS

US WEIGHS KHARG ISLAND OPTION AS ENDGAME SCENARIO US officials have considered capturing Kharg Island or destroying its energy infrastructure as a potential “endgame” option against Iran, according to CNN. The plan, seen as highly risky and previously shelved, is believed to

$SPCX - SPACEX : NEW STREET RESEARCH INITIATES COVERAGE WITH $165 TARGET PRICE

TRUMP: I DON'T WANT BOOTS ON THE GROUND

- TRUMP: THERE WILL BE MORE BOMBING TONIGHT, BIGGER, MORE POWERFUL

- TRUMP ON IRAN: I'D RATHER NOT HIT BRIDGES AND POWER PLANTS -FOX NEWS INTERVIEW

TRUMP REPEATS IRAN CAN'T BUY OR DEVELOP NUCLEAR WEAPON

TRUMP ON IRAN: THEY ARE NEGOTIATING WITH US TO MAKE A DEAL BUT THEY ARE PROUD -FOX NEWS INTERVIEW

TRUMP: IRAN NOT GOOD AT FIGHTING

TRUMP SAID US AIRCRAFT ARE FLYING OVER TEHRAN AND THAT THEY ARE UNAWARE.

TRUMP ON IRAN: MY PREFERENCE WOULD BE TO TAKE KHARG ISLAND

TRUMP ON IRAN: WE ARE TALKING TO THEM -FOX NEWS INTERVIEW

BESSENT: ANY DAMAGE TO GULF ALLIES WILL BE PAID FOR WITH IRANIAN FUNDS.

SPACEX IPO SAID TO DRAW MORE THAN $70 BILLION IN RETAIL ORDERS

*TRUMP: US TO HIT IRAN TONIGHT, TAKE KHARG ISLAND AT SOME POINT

*TRUMP: WILL BE TAKING KHARG ISLAND AT SOME POINT SOON

🚨🚨 TRUMP ON IRAN: AT SOME POINT IN NOT TOO DISTANT FUTURE, WE WILL BE TAKING KHARG ISLAND, AND OTHER OIL INFRASTRUCTURE POINTS, AND ASSUME TOTAL CONTROL OF THEIR OIL AND GAS MARKETS,

🚨🚨 TRUMP ON IRAN: UNITED STATES WILL BE HITTING IRAN VERY HARD TONIGHT

KUWAIT HAS ENGAGED WITH 24 HOSTILE DRONES IN THE PAST 48 HOURS - DEFENCE MINISTRY IRANIAN ATTACKS ON KUWAIT HAVE NOT CAUSED ANY CASUALTIES, BUT LEAD TO LIMITED MATERIAL DAMAGES - DEFENCE MINISTRY

$C - CITIGROUP TO LAUNCH TOKENIZED SECURITIES OF PRIVATE COMPANIES, BANK SAYS NEW VENTURE WORKS THROUGH DEPOSITARY RECEIPTS THAT ARE TOKENIZED, CITI SAYS INFRASTRUCTURE TO PAVE WAY FOR OTHER BANKS TO GET INVOLVED, CITI SAYS

NVIDIA PARTNERS WITH ABRIDGE TO TRAIN AI MODEL FOR HEALTHCARE

EXPERTS SAY MILITARY PRESSURE WON’T FORCE IRAN DEAL Experts say renewed US strikes on Iran are unlikely to force Tehran into concessions, warning that increased pressure may reduce flexibility rather than improve it. President Trump said attacks would intensify after stalled

IRAN SOURCE SAYS NO NEW US NEGOTIATIONS AMID CLASHES

IRAN NEGOTIATING TEAM SOURCE DENIES US TALKS REPORT

OIL EXECUTIVES WARN WHITE HOUSE THAT GAS PRICES WILL GET WORSE Oil and gas executives have warned the White House that gasoline prices could rise sharply in coming months as fuel inventories fall to critically low levels. The warning complicates efforts to curb inflation, which

$AMD $INTC $ARM BOFA LIFTS CPU MARKET FORECAST ON AI DEMAND Bank of America raised its 2030 server CPU total addressable market forecast to over $170 billion from $125 billion, citing agentic AI as a major demand driver. Analyst Vivek Arya said AI systems that plan and execute

IRAN VOWS NO RETREAT UNDER PRESSURE Iran’s Defense Ministry said the country will not back down in the face of threats or pressure, insisting any resolution to regional tensions requires a ceasefire and an end to hostilities. Tehran said it does not initiate wars but will firmly

US DISABLES THIRD SHIP THIS WEEK IN IRAN BLOCKADE U.S. Central Command said American forces disabled the oil tanker Jalveer in the Gulf of Oman after it allegedly violated the blockade on Iran by transporting Iranian oil. Two Hellfire missiles struck the vessel’s engine room

UK DEFENCE MINISTER HEALEY RESIGNS

$SPCX: OPPENHEIMER INITIATES SPACEX AT OUTPERFORM - PT $190

$SPCX - SPACEX IPO VALUATION BUILT ON HYPE, SAYS CHANOS Short seller Jim Chanos argues SpaceX’s planned $1.75 trillion IPO valuation is disconnected from fundamentals and driven by overly optimistic future expectations. Speaking ahead of the record-breaking $75 billion listing,

S&P 500 FUTURES RECOUP EARLY LOSSES TO RISE 0.3%, NASDAQ FUTURES UP 0.5%

*IRANIAN MILITARY ATTACKED US FIFTH FLEET IN BAHRAIN: FARS

IRAN'S MEHR: SEVERAL EXPLOSIONS HEARD IN IRANIAN PORT OF GORGAN

IRAN'S IRNA SAYS EXPLOSIONS IN QESHM AND HENGAM WERE CAUSED BY PROJECTILE HITS, ALL OF WHICH ARE OF A MILITARY NATURE

IRAN'S IRIB: EXPLOSION HEARD IN BANDAR ABBAS

U.S. CENTRAL COMMAND: FORCES BEGAN LAUNCHING ADDITIONAL SELF-DEFENSE STRIKES TODAY AT 5:15 P.M. ET AGAINST MULTIPLE TARGETS IN IRAN

U.S. STRIKES ON IRAN STARTED, U.S. OFFICIAL SAYS

*U.S. STRIKES ON IRAN UNDERWAY: BARAK RAVID: AXIOS

Explosions heard in Tehran, Iran; air defenses activated

IRAN'S MEHR: AIR DEFENCE ACTIVITY HEARD IN WEST TEHRAN

Pentagon chief say strikes on Iran will be 'strong' and 'clear'

IRANIAN MEDIA: SOUNDS HEARD FROM AFAR IN IRAN'S KISH ISLAND, SOURCE UNKNOWN

IRAN'S MEHR SAYS AIR DEFENSE ACTIVATES IN FARS

Microsoft's $MSFT Xbox division is planning major layoffs in July under new CEO Asha Sharma, per Bloomberg. Sharma revealed to employees that Xbox's "accountability margin" has fallen to 3%. "Excluding Activision Blizzard King, over the past five years, we have spent over $20

IRAN'S TASNIM NEWS AGENCY CITES MILITARY SOURCE AS SAYING THAT IRANIAN ARMED FORCES ARE FULLY PREPARED TONIGHT

IRAN'S TASNIM CITES MILITARY SOURCE AS SAYING THAT IF THE AMERICANS TAKE ANY AGGRESSIVE ACTION, THEY WILL ONCE AGAIN FACE HEAVY RESPONSES

IRAN'S TASNIM CITING MILITARY SOURCE: IRAN WILL TARGET NEW U.S. INTERESTS IF THE AMERICANS TAKE ACTION

Dell $DELL enters a $6B senior unsecured revolving credit facility maturing June 10, 2031, with a $500M letter of credit sub-facility, per an SEC filing.

Molina Healthcare $MOH wins an Illinois Medicaid contract starting January 1, 2027. Duration is 4.5 years with an option to extend for 5.5 more years.

Veritone $VERI implements a restructuring plan targeting a workforce reduction of at least 25% and up to 30% reduction in annualized operating expenses upon completion in Q3, per an SEC filing.

TRUMP HOLDS SITUATION ROOM MEETING ON IRAN STRIKE OPTIONS: AXIOS

Oracle $ORCL Q4: - Revenue: $19.2B vs $19.1B est, beat - Adjusted EPS: $2.11 vs $1.96 est, beat - Adjusted net income: $6.2B vs $5.78B est, beat - Adjusted operating income: $8.6B vs $8.25B est, beat - Cloud revenue: $9.9B

IRAN HAS NEVER NEGOTIATED UNDER THREATS, WILL NEVER SUBMIT TO PRESSURE OR COERCION - IRAN'S UN AMBASSADOR

IRAN'S UN AMBASSADOR SAYS NO SUSTAINABLE DEAL CAN BE REACHED WITH THE U.S. THROUGH THREATS, INTIMIDATION OR THE USE OF FORCE

WHITE HOUSE PLANS TO MEET WITH DEFENSE FIRMS TO DISCUSS WEAPONS PRODUCTION - SOURCES

IRAN REFUSES DIRECT TRILATERAL TALKS WITH U.S. IN DOHA, MAINTAINS PARALLEL NEGOTIATIONS ONLY: AXIOS

HEAD OF NATIONAL SECURITY COMMISSION IN IRAN'S PARLIAMENT: THIS TIME, THE WAR WON'T BE LIMITED TO THE REGION

L3HARRIS $LHX DELIVERING COUNTER-DRONE SYSTEMS TO US ARMY

TRUMP: MORE THAN 100 MLN BARRELS MAKING ITS WAY THROUGH HORMUZ

*TRUMP: OVER 200 COMMERCIAL SHIPS HAVE TRAVELED THROUGH HROMUZ

TRUMP ON IRAN: LAST MONTH, I DIRECTED OUR GREAT U.S. MILITARY TO EXECUTE A SECRET MISSION TO SUPPORT OIL TANKERS AND OTHER COMMERCIAL SHIPS THROUGH STRAIGHT OF HORMUZ

VISA $V ANNOUNCED A STRATEGIC COLLABORATION WITH OPENAI

SPACEX IPO DEMAND SWAMPS SHARE SUPPLY SpaceX’s IPO has reportedly attracted demand for more than four times the shares available, highlighting strong investor appetite. The company plans to raise about $75 billion at a $1.8 trillion valuation, making it the largest IPO ever and

*SPACEX IPO IS SAID TO BE MORE THAN FOUR TIMES OVERSUBSCRIBED

U.S. ENERGY CHIEF DISPUTES IRAN OIL CLAIM U.S. Energy Secretary Chris Wright said he is unaware of any operation to seize millions of barrels of Iranian oil, contradicting earlier comments by Donald Trump. Wright told lawmakers that U.S. forces have helped facilitate some oil