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Boeing $BA CEO at the Bernstein conference: On China: the 200-airplane order is a "good start," confident more will come. On production: FAA backs raising 737 MAX output from 42 to 47 jets/month this summer. Next step to 52 could slip into next year, wants the rate stable

Bank of America $BAC CEO Brian Moynihan at the Bernstein Strategic Decisions Conference: On the consumer: "in pretty good shape," credit quality and availability of credit are "great." GDP growth this year "reasonably strong." On the businesses: wealth management fees,

JPMORGAN'S DIMON SAYS THIS YEAR EXPENSES COULD BE HIGHER

SPOT GOLD FALLS 2% TO $4,411.99/OZ

RATE HIKE RISK RISES AS INFLATION EXPECTATIONS CLIMB Global inflation expectations are rising amid the unresolved U.S.–Iran conflict, increasing the likelihood of interest rate hikes by the Federal Reserve and other central banks, according to Bob Savage. Savage warned that

HAMAS CONFIRMS DEATH OF SENIOR COMMANDER IN GAZA MOHAMMAD ODEH - STATEMENT

$HOOD - ROBINHOOD LETS AI TRADE STOCKS AND MAKE PURCHASES Robinhood Markets is rolling out a feature that lets customers delegate investing and credit-card spending decisions to AI agents. Users can connect tools like Anthropic’s Claude or Cursor to a dedicated account where

IRAN-US DRAFT FRAMEWORK LINKS HORMUZ ACCESS TO SECURITY DEAL Iran’s state TV reports a draft, unofficial framework for a MoU with the U.S. outlining a potential deal on the Strait of Hormuz. The draft says U.S. forces would withdraw from areas near Iran and lift a naval

IRAN'S STATE TV: THE ISLAMABAD MEMORANDUM FRAMEWORK IS NOT YET FINALIZED; NO STEP WILL BE TAKEN BY IRAN WITHOUT "TANGIBLE VERIFICATION"

IRAN'S STATE TV: IF A FINAL DEAL IS REACHED WITHIN 60 DAYS, THIS AGREEMENT WILL BE APPROVED IN THE FORM OF A BINDING UN SECURITY COUNCIL RESOLUTION

IRAN'S STATE TV: THE MANAGEMENT AND ROUTE OF SHIP TRAFFIC THROUGH STRAIT OF HORMUZ WILL BE HANDLED BY IRAN IN COOPERATION WITH OMAN

IRAN'S STATE TV SAYS MILITARY VESSELS ARE NOT INCLUDED IN THIS DRAFT AGREEMENT

IRAN'S STATE TV SAYS IN RETURN, IRAN HAS COMMITTED TO RESTORING THE NUMBER OF COMMERCIAL TRANSIT SHIPS THROUGH HORMUZ STRAIT TO PRE-WAR LEVELS WITHIN IN ONE MONTH

CASH HOME BUYING FALLS TO LOWEST MARCH LEVEL SINCE 2020 Redfin reports 28.8% of U.S. homebuyers paid cash in March, down to its lowest level for that month since 2020. The drop reflects easing mortgage rates, a buyer-favored housing market, and economic uncertainty pushing

🇺🇸 PRESIDENT’S WEDNESDAY SCHEDULE 8:00 AM — Executive Time (Closed Press) 9:00 AM — In-Town Pool Call Time 11:00 AM — Cabinet Meeting (White House Press Pool) 3:00 PM — Policy Meeting, Oval Office (Closed Press) 4:00 PM — Policy Meeting, Oval Office (Closed Press)

RUSSIAN URALS OIL SUPPLIES TO TURKEY FALL TO LOWEST IN ALMOST ONE AND A HALF YEARS IN MAY, DATA SHOWS AND TRADERS SAY

IRAN'S IRGC NAVY SAYS PASSAGE OF "HOSTILE COUNTRIES" VESSELS THROUGH THE STRAIT OF HORMUZ IS STILL PROHIBITED

BANK OF MONTREAL SEES U.S. REAL GDP GROWING 2.1% IN 2026, INFLATION TO AVERAGE ABOVE 3% BANK OF MONTREAL SAYS U.S. FEDERAL RESERVE MAY LOWER POLICY RATES LATER IN YR

FED WARNS OF ENERGY HIT IF HORMUZ STAYS SHUT Lorie Logan warned that the world may have to cut oil and gas use if shipping through the Strait of Hormuz does not return to normal soon. The conflict involving Iran, the U.S. and Israel has disrupted traffic through the key energy

LUFTHANSA: NO SUMMER JET-FUEL RISK Lufthansa said it sees no risk to jet-fuel supplies this summer despite the Middle East conflict. Chief Commercial Officer Dieter Vranckx said suppliers have not warned of shortages, even though about a quarter of Europe’s jet-fuel imports

NORTH KOREA TESTED AI-GUIDED HIT ACCURACY OF TACTICAL CRUISE MISSILE - KCNA

$NVDA - USTR GREER: CHINESE COMPANIES ARE INTERESTED IN NVIDIA H200 CHIP, BUT COMMUNIST PARTY IS INTERESTED IN PROMOTING DOMESTIC CHIPS

$TSLA - MUSK HAS DISCUSSED WITH COLLEAGUES THE POSSIBILITY OF FOLDING TESLA-SPACEX TOGETHER - CNBC

Firefly Aerospace $FLY files to offer 4M shares, with selling securityholders offering another 8M, per an SEC filing.

Zscaler $ZS Q3 earnings: - Revenue: $850.5M vs $835.4M est, beat - Adjusted EPS: $1.08 vs $1.01 est, beat - Adjusted net income: $177.9M vs $168.2M est, beat Guidance: - Q4 revenue: $875-878M, up ~22% - Q4 non-GAAP EPS: $1.08-1.09 - FY2026 revenue: ~$3.33B, up ~25% - FY2026

Box $BOX Q1 earnings: - Revenue: $306M vs $304.4M est, beat - Adjusted operating income: $84.7M Guidance: - Q2 revenue: $319M vs $316.9M est, with adjusted EPS $0.39 - FY27 revenue: $1.28B vs $1.28B est, up 9% - FY27 non-GAAP EPS: $1.56 Beat across the board.

Semtech $SMTC Q1 earnings: - Sales: $291M vs $285.3M est, beat - Adjusted EPS: $0.51 vs $0.45 est, beat - Adjusted gross margin: 53% Q2 guidance: - Net sales: $328M +/- $5M - Adjusted EPS: $0.61 +/- $0.02 Beat across the board.

The US Space Force awards SpaceX $SPCX a $2.29B contract for a military space data network.

US SPACE FORCE AWARDS SPACEX $2.29 BILLION CONTRACT FOR MILITARY SPACE DATA NETWORK

TRUMP: TOTAL SURRENDER AND MEDIA ATTACK CLAIM Trump states that Iran would need to fully surrender—militarily and politically—by admitting defeat, abandoning weapons, and formally signing surrender documents. He describes this as a complete collapse of Iran’s armed forces and

U.S. CRUDE OIL FUTURES SETTLE AT $93.89/BBL, DOWN $2.71, 2.81 PCT

IRAN'S IRGC NAVY SAYS 25 OIL TANKERS, CONTAINER SHIPS, AND OTHER COMMERCIAL VESSELS PASSED THROUGH STRAIT OF HORMUZ WITH PERMISSION FROM IRAN IN THE PAST 24 HOURS - TASNIM

NETANYAHU SAYS ISRAEL CARRIED OUT ATTACK AGAINST HAMAS’ NEW ARMED WING CHIEF IN GAZA

SOFTBANK TAPS JPMORGAN, GOLDMAN SACHS, MORGAN STANLEY, CITI AND MIZUHO FOR SB ENERGY IPO - SOURCES

UBS SEES GLP-1 DRUGS WEIGHING ON RESTAURANTS UBS says growing use of GLP-1 weight-loss drugs could become a headwind for restaurant sales as users cut calories, dine out less, and shift toward healthier foods. The bank expects restaurants to increasingly adapt menus with

OIL PRICES MIXED, US GASOLINE FUTURES DROP BY 5% TO FIVE-WEEK LOW

NETANYAHU SAYS ISRAELI MILITARY OPERATING WITH 'LARGE FORCES ON GROUND' IN SOUTHERN LEBANON AND TAKING CONTROL OF 'STRATEGIC AREAS'

TRUMP: JUST FINISHED MY 6 MONTH PHYSICAL AT WALTER REED MILITARY MEDICAL CENTER TRUMP: EVERYTHING CHECKED OUT PERFECTLY

DESTINY TECH100 INC - TO OFFER UP TO $1 BLN COMMON STOCK - SEC FILING $DXYZ

Meta $META will lay off 1,395 employees in King County, Washington, according to a WARN notice.

$META - META TO LAYOFF 1,395 EMPLOYEES IN KING COUNTY IN JULY 2026 - WARN NOTICE

DUDLEY WARNS FED CREDIBILITY AT RISK Bill Dudley says the Federal Reserve risks losing credibility after years of missing its 2% inflation target, warning that expectations may become unanchored. He pointed to persistent inflation above target, rising long-term expectations,

US NAVY ESCORTS SHIPS THROUGH STRAIT OF HORMUZ U.S. Navy is quietly assisting commercial vessels crossing the Strait of Hormuz, including a Greek supertanker carrying 2 million barrels of crude en route to India. Officials said the support is limited in scope and not a full

ISRAELI MILITARY OFFICIAL SAYS EXPANDED GROUND OPERATION IN SOUTHERN LEBANON BEYOND THE YELLOW LINE TO 'REMOVE DIRECTS THREATS' TO CITIZENS AND TROOPS

RUBIO SAYS IRAN DEAL TALKS NEED MORE TIME Marco Rubio said negotiations with Iran to extend the ceasefire and reopen the Strait of Hormuz will take several more days due to unresolved wording in the draft agreement. He said the U.S. insists the waterway remain fully open and

RUBIO SAYS IRAN DEAL TALKS WILL TAKE SEVERAL MORE DAYS: AP

Qualcomm $QCOM has struck a deal to supply AI data center chips to TikTok owner ByteDance, per Bloomberg. ByteDance is set to buy millions of Qualcomm's application-specific integrated circuits to power its AI agent software, making it one of the first major customers for the

Micron $MU tops a $1 trillion market cap for the first time, with shares up +17% on strong AI demand

TRUMP RAISES REFUGEE CEILING BY 10,000 TO BRING IN MORE WHITE SOUTH AFRICANS - WHITE HOUSE DOCUMENT

US SAYS ONLY “GOOD DEAL” POSSIBLE WITH IRAN Marco Rubio said it may take several days to finalize details of a potential agreement with Iran, adding that talks are close to a preliminary draft. He said President Donald Trump recently held regional calls on ending the conflict,

$MU - MICRON TECHNOLOGY HITS $1 TRILLION MARKET VALUE FOR THE FIRST TIME

US NAVY RESUMES ESCORTS IN STRAIT OF HORMUZ U.S. Navy has restarted assisting vessel crossings through the Strait of Hormuz, guiding ships under a renewed “Project Freedom” operation. A Greek supertanker carrying 2 million barrels of crude was escorted through the waterway

U.S. NAVY RESTARTS GUIDING SHIPS THROUGH THE STRAIT OF HORMUZ:WSJ

TRIAL FOR FORMER FBI DIRECTOR JAMES COMEY OVER ALLEGED TRUMP THREAT MOVED TO OCTOBER 21 -COURT ORDER

IRAN'S TOP NEGOTIATOR QALIBAF RETURNED TO IRAN AFTER CONSULTATIONS WITH QATARI OFFICIALS IN DOHA - IRAN'S STATE TV

US MAY CONSUMER CONFIDENCE INDEX 93.1 (CONSENSUS 92.0) VS APRIL REVISED 93.8 (PREVIOUS 92.8) - CONFERENCE BOARD

US TO CUT NATO CRISIS MILITARY SUPPORT The U.S. plans to reduce military assets available to assist European allies in a crisis, including fighter jets, warships, and refueling aircraft, according to a NATO briefing reported by Spiegel. Under the reported changes, U.S. fighter

🚨 ISRAELI MEDIA SAYS MILITARY EXPANDED ITS GROUND OPERATION IN SOUTHERN LEBANON BEYOND THE YELLOW LINE

TRUMP TO HOLD CABINET MEETING AT CAMP DAVID WEDNESDAY

*BRENT CRUDE RISES TO INTRADAY HIGH, TRADES OVER $100/BBL

*PHILADELPHIA SEMICONDUCTOR INDEX REACHES ALL-TIME HIGHS

U.S. STOCKS EXTEND GAINS, NASDAQ UP 1.00%

IRAN LAWMAKER QUESTIONS STRAIT OF HORMUZ DEAL Senior Iranian lawmaker Mahmoud Nabavian called a potential Strait of Hormuz agreement a “pure loss” if it reopens the waterway without Iranian sovereignty, transit fees, or clear sanctions relief. He also said conditioning Iran’s

RUSSELL 2000 INDEX HITS INTRADAY HIGH, LAST UP 0.9%

IRANIAN LAWMAKER SAYS POTENTIAL STRAIT OF HORMUZ DEAL WOULD BE 'PURE LOSS' FOR IRAN

PRESIDENTIAL HEALTH RECORDS REMAIN OPTIONAL U.S. presidents are not legally required to disclose their medical information, and transparency levels vary widely. While presidents often release health reports to reassure the public, they control what details are made public. Past

TRUMP'S OFFICE OF PERSONNEL MANAGEMENT PROPOSES ASKING FEDERAL WORKERS TO SIGN NON-DISCLOSURE AGREEMENTS -GOVERNMENT STATEMENT

$DBX - DROPBOX CEO DREW HOUSTON TO STEP DOWN - CNBC

US MARCH FHFA HOME PRICE INDEX RISES 0.1% M/M; PREV. 0.0%

INTERNET MONITORING GROUP NETBLOCKS SAYS LIVE METRICS SHOW A PARTIAL RESTORATION TO INTERNET CONNECTIVITY IN IRAN

RUSSIA SAYS LAVROV EXPLAINED TO RUBIO DURING PHONE CALL WHAT LED RUSSIA TO THE DECISION TO ATTACK IN KYIV - RIA

YARDENI BETS ON GLOBAL STOCKS OVER U.S. Yardeni Research says global stocks could outperform U.S. markets if a U.S.-Iran peace deal lowers oil prices and eases geopolitical tensions. The firm said international markets already began leading earlier this year, with emerging

ISRAEL SEEKS FREE HAND IN LEBANON UNDER IRAN DEAL Israel is pushing the U.S. to guarantee freedom of military operations in Lebanon as part of a proposed Iran peace deal, despite Tehran demanding a full halt to fighting there. Clashes between Israel and Hezbollah have continued

HASSETT: WILL BE HARDER FOR NEW AI MODELS TO BE HACKERS

HASSETT: ENERGY PRICES WILL DROP ONCE HORMUZ STRAIT OPENS

HASSETT: STOCK MARKET CELEBRATING BECAUSE PRODUCTIVITY SO HIGH

$MSTR - STRATEGY SLASHES DEBT WITH $1.5B BUYBACK Strategy repurchased $1.5 billion of convertible notes at an 8% discount, cutting total convertible debt from $8.2 billion to $6.7 billion. The company also raised capital to buy 24,869 bitcoin, bringing total holdings to

IRAN'S FOREIGN MINISTRY SAYS IRAN WILL RESPOND AND WILL NOT HESITATE IN DEFENDING ITSELF

CHINA IS RESTRICTING OVERSEAS TRAVEL FOR TOP AI PROFESSIONALS IN PRIVATE FIRMS SUCH AS ALIBABA GROUP HOLDING AND DEEPSEEK

IRAN'S SUPREME LEADER: THE CLOCK CANNOT BE TURNED BACK, THE 'SHAKY ZIONIST REGIME WILL MOVE CLOSER TO THE END OF ITS OMINOUS EXISTENCE'

*IRAN'S IRGC FIRED AT US DRONE, JET IN IRAN AIRSPACE: TASNIM *IRAN'S IRGC WARNS AGAINST CEASEFIRE VIOLATIONS: TASNIM

IRAN'S REVOLUTIONARY GUARDS SAY IRAN IT HAS THE RIGHT TO RESPOND TO ANY U.S. CEASEFIRE BREACH - STATEMENT

IRAN'S SUPREME LEADER SAYS REGIONAL POWERS WILL NO LONGER BE A SHIELD FOR U.S. BASES, U.S WILL NO LONGER HAVE A SAFE HAVEN IN THE REGION

ROCKET ATTACK HITS IRANIAN OPPOSITION CAMP NORTH OF IRAQ’S ERBIL, WOUNDING TWO FIGHTERS - SECURITY SOURCES

IRAN'S PRESIDENT ISSUES DECISION FOR INTERNET RESTORATION - IRANIAN MEDIA - STATE MEDIA

TRUMP: IRAN WILL NOT HAVE NUCLEAR WEAPONS

CEASEFIRE AGREED ON BY THE U.S. AND IRAN IN EARLY APRIL WOULD BE EXTENDED FOR 60 DAYS - NIKKEI

IRAN TO OPEN HORMUZ 30 DAYS AFTER US DEAL TO END FIGHTING - NIKKEI CITING SOURCE AFTER AGREEMENT, SHIPS FROM ALL COUNTRIES WOULD BE ABLE TO NAVIGATE FREELY AND SAFELY, JUST AS THEY DID BEFORE DE FACTO SHUTDOWN - NIKKEI

🚨 IRAN TO OPEN HORMUZ 30 DAYS AFTER US DEAL TO END FIGHTING - NIKKEI CITING SOURCE

TRUMP SAYS COUNTRIES HE SPOKE WITH WOULD BE HONORED TO HAVE IRAN JOIN ABRAHAM ACCORDS

PEACE DEAL OR BIGGER WAR Trump says Iran talks are progressing well, but warns there will either be a “Great Deal” or a return to a much larger conflict. After talks with Middle East leaders, he called for Saudi Arabia, Qatar, Pakistan, Türkiye, Egypt, Jordan, and Bahrain to

TRUMP SAYS HE ASKED COUNTRIES TO SIGN ABRAHAM ACCORDS AFTER TALKS SATURDAY

TRUMP SAYS NEGOTIATIONS WITH IRAN PROCEEDING NICELY

IRAN'S CENTRAL BANK GOVERNOR PART OF DELEGATION IN DOHA TO DISCUSS POTENTIAL RELEASE OF FROZEN IRANIAN FUNDS AS PART OF AN EVENTUAL FINAL U.S.-IRAN AGREEMENT

DISCUSSIONS IN DOHA ARE PRIMARILY FOCUSED ON STRAIT OF HORMUZ AND HIGHLY ENRICHED URANIUM — OFFICIAL BRIEFED ON VISIT TO REUTERS

IRANIAN TOP NEGOTIATOR QALIBAF AND FOREIGN MINISTER ARAQCHI ARE IN DOHA TO MEET QATAR’S PM OVER POTENTIAL U.S.-IRAN DEAL TO END CONFLICT — OFFICIAL BRIEFED ON THE VISIT

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS THE 14 POINT MOU IS FOCUSED ON AN END TO THE WAR, END TO THE U.S. NAVAL BLOCKADE IN EXCHANGE FOR IRAN TAKING STEPS TO INSURE SAFE TRANSIT IN HORMUZ

IRAN: TALKS ADVANCE, NO DEAL YET Iran says progress has been made on several issues in a possible U.S. memorandum, but no agreement is close. Foreign Ministry spokesperson Esmaeil Baghaei said Tehran is focused on ending the war, not nuclear negotiations, and warned that

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS WE WILL NOT TAKE TOLLS ON THE STRAIT OF HORMUZ

IRAN'S TASNIM CITING SOURCE CLOSE TO NEGOTIATING TEAM: PROGRESS HAS BEEN MADE ON SOME ISSUES BUT NO AGREEMENT WILL BE REACHED UNTIL ALL DISPUTED MATTERS RESOLVED

At least two senior Walmart $WMT executives are departing in a reshuffling under new CEO John Furner, who took over from Doug McMillon in February, per WSJ. Sam's Club COO Tom Ward, a nearly two-decade veteran who started at the company's former U.K. chain ASDA, is retiring and

$MU - MICRON CEO SEES MEMORY CHIP SHORTAGE LASTING BEYOND 2026

IRAN'S FOREIGN MINISTRY SPOKESPERSON: WE WILL NOT REACH A CONCLUSION IF WE TRY TO DELVE INTO DETAILS RELATED TO HIGHLY ENRICHED URANIUM IN IRAN -IRNA

TRUMP: UNFORTUNATELY TULSI GABBARD WILL BE LEAVING ADMINISTRATION ON JUNE 30TH TRUMP: PRINCIPAL DEPUTY DIRECTOR OF NATIONAL INTELLIGENCE, AARON LUKAS, WILL SERVE AS ACTING DIRECTOR OF NATIONAL INTELLIGENCE

🚨 IRAN'S FOREIGN MINISTRY SPOKESPERSON: DETAILS RELATED TO THE NUCLEAR ISSUE ARE NOT BEING DISCUSSED AT THIS STAGE -IRNA

USTR GREER: NO IMMEDIATE TARIFFS COMING ON SEMICONDUCTORS, BUT IMPORTANT TO PROTECT INVESTMENTS IN U.S. CHIP PRODUCTION

IRAN'S FOREIGN MINISTRY SPOKESPERSON: WE CANNOT SAY AFTER A FEW VISITS OR TALKS OVER WEEKS OR MONTHS, WE WILL DEFINITELY REACH A CONCLUSION, DIPLOMACY TAKES TIME -IRNA

🚨 IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS DIFFERENCES BETWEEN IRAN AND THE UNITED STATES ARE DEEP AND SIGNIFICANT

IRAN FOREIGN MINISTRY SAYS DEAL NOT CLOSE IRAN FOREIGN MINISTRY SAYS NO IMMINENT AGREEMENT

U.S. WARNS OF RUSSIAN-CHINESE SPIES IN CUBA U.S. intelligence says Russia and China have expanded spying operations in Cuba, increasing personnel and upgrading electronic surveillance aimed at U.S. military targets in Florida. Officials say the activity strengthens Moscow and

U.S. WARNS OF GROWING RUSSIAN AND CHINESE SPYING IN CUBA: WSJ

TRUMP SAYS STAYS IN WASHINGTON OVER FAMILY EVENT TRUMP SAYS DUTY PREVAILS OVER PERSONAL TRAVEL TRUMP CONGRATULATES DON JR AND BETTINA ENGAGEMENT

TRUMP SKIPS FAMILY EVENT TO REMAIN IN DC Donald Trump says he will stay in Washington, D.C., citing government duties, despite wanting to attend a family celebration for his son Don Jr. and his fiancée Bettina. He adds congratulations to the couple and says duty to the United

TRUMP: NOT GOING TO SON'S WEDDING, STAYING IN DC: TRUTH POST

TULSI GABBARD RESIGNS -FOX NEWS

Uber $UBER is said to be studying options for a full takeover of Delivery Hero.

PAKISTAN ARMY CHIEF ASIM MUNIR ARRIVES IN TEHRAN – IRAN'S ISNA

WARSH: INFLATION CAN BE LOWER, GROWTH STRONG

WARSH: ~THESE YEARS CAN BRING UNMATCHED PROSPERITY

FED'S WARSH: NOT NAIVE ABOUT CHALLENGES WE FACE

Microsoft $MSFT and former Activision Blizzard executives settle a class action with Activision shareholders over the 2023 acquisition for $250M, per a court filing.

WARSH: OURS IS A TIME OF GREAT CONSEQUENCE

KEVIN WARSH TAKES OATH AS FEDERAL RESERVE CHAIR

TRUMP: IRAN DYING TO MAKE A DEAL, WE'LL SEE WHAT HAPPENS

TRUMP: TOLD XI US HAS GREATEST MILITARY IN THE WORLD

TRUMP: IRAN IS DYING TO MAKE A DEAL

TRUMP: STOCK MARKET CAN DO MUCH BETTER, THINK WARSH WILL DO

TRUMP: STOCK MARKET DOING WELL MEANS WARSH IS LIKED

TRUMP: WANT WARSH TO BE INDEPENDENT

TRUMP: EXPECT WARSH TO GO DOWN AS A GREAT FED CHAIR

TRUMP SPEAKS AT WHITE HOUSE CEREMONY FOR KEVIN WARSH

U.S. GOVERNMENT ACTIVELY ENGAGED IN FINDING THERAPIES FOR NEW EBOLA STRAIN, CDC OFFICIAL SAYS

US 2-YEAR YIELD RISES TO 4.14%, HIGHEST SINCE FEBRUARY 2025

FED'S WALLER: THERE IS NO WAY WE CAN GO BACK TO THE SMALL BALANCE SHEET OF 2008

FED'S WALLER: IF EXPECTATIONS OVER 2-3-4 YEARS RISE, THAT'S A PROBLEM FOR ME

$GME - GAMESTOP BOARD ASKS SHAREHOLDERS TO INCREASE SHARE COUNT

FED SIGNALS RATE HIKES BACK ON THE TABLE Federal Reserve Governor Christopher Waller said the Fed may raise rates again if inflation stays high amid rising energy prices tied to the Iran war. Waller said rate cuts are no longer more likely than hikes and called for removing the

SPOT GOLD FALLS 1% TO $4,496.47/OZ

PUTIN: UKRAINE COMMITTED TERRORIST ATTACK IN LUHANSK REGION PUTIN: UKRAINE HIT STUDENT DORMITORY OVERNIGHT

TWO-YR U.S. TREASURY YIELD NEAR SESSION HIGH AFTER DATA, LAST AT 4.123%

TRADERS FULLY PRICE QUARTER-POINT FED HIKE BY END OF 2026

Trump: New stock market record

IRAN'S ISNA: EXCHANGE OF MESSAGES AIMS AT REACHING FRAMEWORK FOR AGREEMENT

IRAN'S ISNA: EXCHANGE OF MESSAGES BETWEEN IRAN AND U.S. WITH PAKISTANI MEDIATION ONGOING

CAE $CAE Q4 earnings: - Revenue: C$1.33B vs C$1.29B est, beat - Adjusted EPS: C$0.42 vs C$0.41 est, beat - Adjusted operating income: C$211.8M The company also plans to remove 10% of its commercial full-flight simulator fleet, targets C$125-150M in annual run-rate savings by

Zoom $ZM Q1 earnings: - Revenue: $1.24B vs $1.22B est, beat - Operating margin: 25.1% - Adjusted operating margin: 41.1% Guidance: - Q2 revenue: $1.265-1.270B, non-GAAP EPS $1.45-1.47 - FY revenue: $5.08-5.09B vs $5.07B est, above - FY adjusted EPS: $5.96-6.00 vs $5.87 est,

Perpetua Resources $PPTA secures a $2.9B U.S. government loan to build its Stibnite gold and antimony project in Idaho, per CNBC. The site holds the only identified antimony reserve in the U.S., a metal used in ammunition and solar panels that became a strategic priority after

Deckers $DECK Q4 earnings: - Sales: $1.12B vs $1.09B est, beat - EPS: $0.96 - Gross margin: 57.6% Guidance: - FY sales: $5.86-5.91B vs $5.82B est, above - FY EPS: $7.30-7.45 - FY gross margin: 56.5% Beat and raise.

Take-Two $TTWO Q4 earnings: - Revenue: $1.68B vs $1.57B est, beat - Net bookings: $1.58B - EPS: -$0.32 Guidance: - FY revenue: $7.9-8.1B vs $9.1B est, well below - FY net bookings: $8.0-8.2B - Q1 revenue: $1.45-1.5B vs $1.51B est Q4 beat, soft guide.

Workday $WDAY Q1 earnings: - Revenue: $2.54B vs $2.52B est, beat - Adjusted EPS: $2.66 vs $2.51 est, beat - Subscription revenue: $2.35B - Adjusted operating income: $809M vs $806M est, beat Guidance: - Q2 subscription revenue: $2.46B - FY subscription revenue: $9.93-9.95B - FY

Altria $MO unit U.S. Smokeless Tobacco Company will relocate manufacturing from Nashville to a new 270,000-sq-ft facility in Hopkinsville, with Nashville operations ending in early 2028. USSTC plans to sell its 30+ acre downtown Nashville campus and is offering severance and

Ross Stores $ROST Q1 earnings: - Sales: $6.01B vs $5.64B est, beat - Net income: $650M - Operating margin: 13.4% - FY2026 EPS guidance raised to $7.50-$7.74, up 13-17% Beat and raise.

SENIOR IRANIAN SOURCE: IRAN'S URANIUM ENRICHMENT AND ITS CONTROL OVER STRAIT OF HORMUZ REMAIN AMONG STICKING POINTS

SENIOR IRANIAN SOURCE: NO DEAL HAS BEEN REACHED YET, BUT GAPS HAVE NARROWED

*DOLLAR PARES GAINS AS US, IRAN PREPARE FINAL DRAFT ON AGREEMENT

Stellantis $STLA lays out 2030 targets: - Revenue of €190B by 2030, up from €154B in 2025 - Adjusted operating income margin of 7% by 2030, with significant improvement in the near term - Positive industrial free cash flow in 2027, rising to €6B by 2030

FED'S BARKIN: COULD TAKE MONTHS FOR GAS PRICES TO FALL EVEN WHEN STRAIT OF HORMUZ IS REOPENED

U.S. CEOs LOBBY CHINA OVER EXPORT, MARKET BARRIERS Top U.S. CEOs including Apple, Boeing, Nvidia, Tesla and others met Chinese officials during a Trump-led visit, seeking relief from mounting trade and regulatory restrictions. Companies raised issues including China blocking

DONALD TRUMP JR. AND BETTINA ANDERSON ARE SET TO MARRY OVER THE MEMORIAL DAY WEEKEND TRUMP: MIGHT ATTEND SON'S WEDDING, BUT HAVE TO DEAL WITH IRAN

TRUMP: MIGHT ATTEND SON'S WEDDING, BUT HAVE TO DEAL WITH IRAN

FED'S BARKIN: U.S. MAY BE 'SOMEWHAT IMMUNE' TO OIL-PRICE SHOCKS

TRUMP ON AI EXECUTIVE ORDER: POSTPONED BECAUSE I DIDN'T LIKE CERTAIN ASPECTS OF IT

TRUMP EXPECTS THE SUPREME COURT TO DECIDE AGAINST HIM, SAYING THEY HAVE A TENDENCY TO DO SO

🚨 TRUMP: WE WILL LIKELY HAVE TO PAY BACK $149B IN TARIFFS

TRUMP: IRAN CANNOT KEEP THEIR HIGHLY ENRICHED URANIUM. ONCE WE GET IT WE WILL PROBABLY DESTROY IT. WE DON'T WANT IT

TRUMP: WE DON'T WANT TOLLS ON STRAIT OF HORMUZ

TRUMP: WE KNOCKED OUT 98% OF IRAN MISSILE CAPACITY

TRUMP ON OMAN, HORMUZ TOLLS: LOOKING AT IT

FIVE PUBLIC SPACE NAMES CATCHING THE SPACEX IPO TAILWIND — INCLUDING ONE JUST TAPPED FOR A CAPABILITY THE U.S. HAS GONE WITHOUT

WHITE HOUSE HAS CANCELLED ITS PLANNED CEREMONY FOR PRESIDENT TRUMP TO SIGN A NEW EXECUTIVE ORDER ON AI AND CYBERSECURITY - AXIOS

WHITE HOUSE POSTPONES AI EO SIGNING CEREMONY: AXIOS

- FRENCH PM LECORNU: IRAN CONFLICT BOUND TO LAST

RUBIO: PAKISTANIS WILL TRAVEL TO IRAN TODAY

U.S. TREASURY FLAGS UNSCHEDULED NOTE REOPENINGS The U.S. Treasury said auction results for its 2-year and 5-year notes could trigger unscheduled reopenings of 5-year and 7-year securities if yields clear specified thresholds. The potential adjustments would depend on auction

RUBIO: WE'RE VERY UPSET WITH NATO ALLIES OVER IRAN RESPONSE

$NVDA - HUANG: NVIDIA STOCK PERFORMANCE IS 'ONE OF THE MYSTERIES OF THE UNIVERSE'

U.S. ALLOWS SCRAP DEALER TO BUY SANCTIONED IRAN SHIPS The U.S. has granted a license allowing a major ship scrap buyer to purchase four vessels sanctioned for carrying Iranian-linked cargo. The move could open a legal exit route for parts of the “shadow fleet” used to transport

PUTIN SHARED WITH XI JINPING IDEA OF TRANSPORTING AND STORING IRANIAN ENRICHED URANIUM IN RUSSIA - IFX

PUTIN, XI JINPING DISCUSSED IRAN - IFX

PUTIN AND XI JINPING DISCUSSED OUTCOME OF TRUMP’S VISIT TO CHINA - IFX

🇺🇸 PRESIDENT DAILY SCHEDULE — MAY 21, 2026 🔸08:00 — Executive Time (White House, closed press) 🔸09:00 — In-Town Pool Call Time 🔸10:00 — Intelligence Briefing (White House, closed press) ▶ 11:00 — EPA Announcement (Oval Office, press pool) 🔸12:30 — Lunch with EPA

IRAN PUSHES STRAIT OF HORMUZ TOLL PLAN Iran says it is discussing with Oman the creation of a permanent toll system for ships passing through the Strait of Hormuz. Tehran argues shipping firms should contribute to security, navigation management, and pollution control costs in

OPEC+ LIKELY TO AGREE OIL OUTPUT QUOTA HIKE OF 188,000 BPD AT JUNE 7 MEETING, SOURCES SAY

IRAN AND OMAN DISCUSSING A PERMANENT HORMUZ TOLL: IRANIAN ENVOY RE-OPENING STRAIT WILL ENTAIL COUNTRIES PAYING: AMIN-NEJAD

IRAN AND OMAN DISCUSSING A PERMANENT HORMUZ TOLL: IRANIAN ENVOY

US HAS REDIRECTED 94 COMMERCIAL VESSELS AS OF MAY 21: CENTCOM

IRAN DENIES REPORT OF NEW URANIUM ORDER A senior Iranian official denied claims that Supreme Leader Mojtaba Khamenei issued an order requiring enriched uranium to remain inside Iran, calling the reports “enemy propaganda.” The official said no new directive has been issued,

*IRAN OFFICIAL DENIES SUPREME LEADER URANIUM DIRECTIVE

NEWLY FORMED MANHATTAN URANIUM RECEIVES APPROVAL TO DRILL AT NEVADA'S LARGEST PAST PRODUCING MINE

WTI CRUDE FUTURES EXTEND GAINS, RISE 4%

$NVDA - NVIDIA SHARES DOWN 1% AFTER Q1 RESULTS

S&P 500 OPENS 0.4% LOWER, NASDAQ DECLINES 0.6%

INVESTORS SEE HIGHER FED RATE HIKES RISK A Bank of America survey shows growing expectations that the Federal Reserve may need to raise interest rates again. 14% of investors say conditions for a hike are already met, while 38% believe the Fed would tighten policy if core

HEDGE FUNDS CASH OUT AFTER CHIP STOCK SURGE Hedge funds are taking profits on semiconductor stocks after a massive AI-driven rally, according to Goldman Sachs data cited by Bloomberg. Chip stocks were the most heavily sold US sector over the past month, mainly through investors

SPOT GOLD FALLS 1% TO $4,507.37/OZ

$MSFT - ANTHROPIC IS IN TALKS TO USE MICROSOFT’S AI CHIPS - THE INFORMATION

HHS LAUNCHES CRACKDOWN USING AI TO DETECT MEDICAID FRAUD AND WASTE - WSJ

RUSSIA' PUTIN: GIVEN GROWING TENSIONS AROUND THE WORLD OUR NUCLEAR TRIAD MUST SERVE AS RELIABLE GUARANTOR OF RUSSIA, BELARUS SOVEREIGNTY - BELTA

Walmart CFO: Number of Gas Gallons Customers Buy at Walmart Stations Fell Below 10 For First Time Since 2022 Walmart CFO: Decline in Gas Buying Is Sign of Financial Stress

🔸 $NVDA: Stifel Raises target price to $282 from $250 🔸 $NVDA: Mizuho Raises target price to $300 from $275 🔸 $NVDA: Raymond James Raises target price to $330 from $323 🔸 $NVDA: BofA Securities Raises target price to $350 from $320 🔸 $NVDA: Morgan Stanley Raises target

*TURKEY LIQUIDATED ALMOST ALL ITS US TREASURY HOLDINGS IN MARCH

US APRIL BUILDING PERMITS AT 1.442M; EST. 1.385M US APRIL BUILDING PERMITS RISE 5.8% M/M; PREV. -10.8% US APRIL HOUSING STARTS AT 1.465M; EST. 1.410M US APRIL HOUSING STARTS FALL 2.8% M/M; PREV. 10.8%

US JOBLESS CLAIMS -3K TO 209K IN MAY-16 WK US MAY-9 WEEK CONTINUING CLAIMS +6K TO 1,782,000

IRAN REBUILDING MILITARY FASTER THAN EXPECTED US intelligence says Iran has restarted drone production and is rebuilding key military capabilities faster than expected after US-Israeli strikes. Officials believe Iran could restore its drone attack capability within six months.

TRUMP TO DELAY PHASEOUT OF REFRIGERANTS, HYDROFLUOROCARBONS

U.S. TWO-YEAR TREASURY YIELDS UP 6.6 BPS AT 4.106%

IRAN'S SUPREME LEADER HAS ORDERED THAT NEAR-WEAPONS-GRADE URANIUM MUST STAY IN IRAN

More from the SpaceX $SPCX filing: The company now expects to begin deploying its orbital AI compute satellites as early as 2028, earlier than the end-of-decade timeline cited elsewhere in the filing. The board also approved a grant of 1 billion performance-based restricted

Rocket Lab $RKLB files for offering of up to $3B in common stock.

BREAKING: SpaceX has filed for its IPO, with Class A shares set to list on Nasdaq under ticker $SPCX. Q1 financials from the filing: - Revenue: $4.69B - Operating loss: $1.94B Segment revenue: - Connectivity (Starlink): $3.26B - AI: $818M - Space: $619M The filing says SpaceX

SPACEX: AFTER IPO, MUSK WILL BE CEO, CTO AND CHAIRMAN OF BOARD

SPACEX: ELON MUSK OWNS 12.3% OF CLASS A SHARES, 93.6% OF CLASS B SHARES

*SPACEX 1Q REVENUE $4.69B *SPACEX 1Q NET LOSS $4.28B *SPACEX: GOLDMAN, MORGAN STANLEY, BOFA LEADING SPACEX IPO

SPACEX: ELON MUSK HAS COMBINED VOTING POWER OF 85.1%

SPACEX: WILL HAVE "CONTROLLED COMPANY" STATUS AFTER IPO, DOES NOT NEED MAJORITY OF BOARD TO BE INDEPENDENT

SPACEX FILES S-1 REGISTRATION STATEMENT WITH U.S. SEC

ANTHROPIC EXPECTS A 130% REVENUE SURGE TO $10.9 BILLION IN THE JUNE QUARTER AND ITS FIRST OPERATING PROFIT- WSJ

Nvidia $NVDA CFO commentary: no shipments of data center Hopper products to China occurred during the quarter, compared with $4.6B in Q1 2026.

*NVIDIA BOOSTS QTRLY CASH DIV TO 25C/SHR FROM 1C/SHR

$NVDA - *NVIDIA 1Q REV. $81.62B, EST. $79.19B *NVIDIA 1Q ADJ EPS $1.87 *NVIDIA SEES 2Q REV. $89.18B TO $92.82B, EST. $87.36B

EnerSys $ENS Q4 earnings: - Revenue: $988M vs $973.9M est, beat - Adjusted EPS: $3.19 vs $2.99 est, beat - Adjusted operating earnings: $154.1M - Net income: $77.3M - EPS: $2.05

Urban Outfitters $URBN Q1 earnings: - Revenue: $1.48B vs $1.45B est, beat - Gross profit: $542.6M - Operating income: $139.7M - Net income: $115.7M - EPS: $1.30

e.l.f. Beauty $ELF Q4 earnings: - Revenue: $449.3M vs $423.1M est, beat - Gross margin: 73% - Adjusted EBITDA: $58.8M - Adjusted net income: $19.4M - EPS: -$0.82 (GAAP net loss of $49.4M) FY guidance: - Sales: $1.835B-$1.865B vs $1.866B est, light - Adjusted EPS: $3.27-$3.32 vs

Intuit $INTU cutting full-time workforce by 17% to simplify its organizational structure. Will incur $300M-$340M in restructuring charges, largely in Q4. Board also approved a new $8B buyback authorization. Quarterly dividend of $1.20 payable July 17. Q3 earnings: - Revenue:

IRAN'S 'PERSIAN GULF STRAIT AUTHORITY' REVEALS CONTROLLED MARITIME ZONE IN THE STRAIT OF HORMUZ - POST ON X

TRUMP: HAD A GOOD CALL WITH TURKEY'S ERDOGAN TRUMP: ERDOGAN HAS BEEN AN ALLY

TRUMP ON IRAN: NOT DOING ANY RELIEF UNTIL DEAL IS REACHED

TRUMP: WILL WAIT FOR IRAN RESPONSE FOR A FEW DAYS

TRUMP ON IRAN: WE ARE DEALING WITH REASONABLE PEOPLE

TRUMP ON IRAN: WE HAVE TO GET THE RIGHT ANSWER

U.S. ENLISTS SMALL BIOTECH FIRM FOR EXPERIMENTAL EBOLA TREATMENT

*FED: MAJORITY SAW HIKE LIKELY WARRANTED IF INFLATION PERSISTS *FED: SOME WERE CONCERNED INFLATION EXPECTATIONS COULD DE-ANCHOR

*FED: MANY PREFERRED REMOVING EASING BIAS FROM STATEMENT

FED MINUTES: OFFICIALS GENERALLY JUDGED RATE PAUSE WILL EXTEND LONGER THAN PREVIOUSLY THOUGHT

FED MINUTES: 'MAJORITY' OF OFFICIALS THOUGHT HIKES MAY BE NEEDED IF INFLATION PERSISTS

FED MINUTES SIGNAL HIGHER-FOR-LONGER RATE STANCE Federal Reserve minutes from the April meeting showed many policymakers wanted to remove the easing bias from the policy statement, with most signaling further tightening could be needed if inflation stays above 2%. Officials

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS SEEKING TO ESTABLISH WITH OMAN, AND IN COORDINATION WITH 'SPECIALIZED INTERNATIONAL BODIES', A MECHANISM TO ENSURE SUSTAINABLE SECURITY IN STRAIT OF HORMUZ

U.S. MILITARY: U.S. MARINES BOARDED AN IRANIAN-FLAGGED COMMERCIAL OIL TANKER ON WEDNESDAY

IRAN IS CURRENTLY STUDYING THE U.S. POINTS OF VIEWS - IRAN'S FOREIGN MINISTRY SPOKESPERSON

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS IRAN 'SERIOUSLY AND IN GOOD FAITH' PURSUING NEGOTIATION PATH, BUT HOLDS 'SEVERE AND REASONABLE SUSPICION' ABOUT U.S.

OPENAI HAS BEEN LAYING THE GROUNDWORK FOR AN OFFERING EXPECTED TO VALUE IT AT NORTH OF $1 TRILLION - FT

🚨 IRAN ALSO DEMANDING END TO ALL FIGHTING INCLUDING IN LEBANON AND RELEASE OF IRANIAN ASSETS - FOREIGN MINISTRY SPOKESPERSON TO IRANIAN STATE TV

🚨 U.S. HAS TO PROVE ITS GOODWILL AND END 'PIRACY' AGAINST IRANIAN SHIPS - IRANIAN FOREIGN MINISTRY SPOKESPERSON TELLS STATE TV

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS PAKISTAN'S INTERIOR MINISTER IS IN IRAN TO FACILITATE THE EXCHANGE OF MESSAGES - IRANIAN MEDIA

TRUMP: THERE'S MORE FIGHTING TO COME UNLESS IRAN GETS SMART

TRUMP: VENEZUELAN OIL COMING TO TEXAS, LOUISIANA AND ALASKA

GOAL IS FOR OPENAI TO BE READY TO GO PUBLIC AS EARLY AS SEPTEMBER - WSJ

TRUMP: CHINA'S XI RESPECTS U.S. MILITARY

OPENAI PLANS TO FILE CONFIDENTIALLY WITH REGULATORS SOON, POSSIBLY AS EARLY AS FRIDAY-WSJ

$MSFT - OPENAI PREPARES FOR POSSIBLE IPO FILING OpenAI is reportedly working with banks including Goldman Sachs and Morgan Stanley on confidential IPO paperwork that could be filed within days. The AI company led by Sam Altman is targeting a potential public listing as early

$MSFT - OPENAI PREPARING TO FILE FOR IPO VERY SOON, SOURCES SAY

TRUMP: SEEING IN IRAN THAT US IS RESPECTED

TRUMP: ONLY QUESTION ON IRAN IS DO WE FINISH IT UP OR DO THEY SIGN DOCUMENT

30-YEAR TREASURY YIELDS CONTINUE DECLINE, LAST AT 5.1085%

Meta $META CEO Mark Zuckerberg tells employees he does not expect more company-wide layoffs this year, per internal memo.

$META - META CEO TELLS EMPLOYEES HE DOES NOT EXPECT MORE COMPANY-WIDE LAYOFFS THIS YEAR -INTERNAL MEMO

YIELD ON 10-YR U.S. TREASURY NOTE LAST DOWN 8.2 BASIS POINTS AT 4.588% US TREASURY YIELDS FALL AS US-IRAN DEAL SEEN CLOSER, 2-YEAR YIELD LAST DOWN 7.8 BASIS POINTS AT 4.045%

FORMER CUBAN PRESIDENT RAUL CASTRO HAS BEEN INDICTED IN THE UNITED STATES -SENIOR TRUMP ADMINISTRATION OFFICIAL

US 10-YEAR YIELD FALLS 10 BASIS POINTS ON DAY TO 4.56%

IRAN CLAIMS CONTROL OVER STRAIT OF HORMUZ SECURITY An Iranian official says 26 oil tankers and vessels transited the Strait of Hormuz safely under monitoring by the Islamic Revolutionary Guard Corps (IRGC). The official added that maritime traffic is coordinated with IRGC

OIL CRUDE FUTURES EXTEND LOSSES, PRICES DOWN AROUND 7%

TRUMP SAYS US IN 'FINAL STAGES' OF TALKS WITH IRAN: POOL REPORT TRUMP SAYS 'WE'LL SEE WHAT HAPPENS' W/ IRAN: POOL REPORT

TRUMP SAYS US IN 'FINAL STAGES' OF TALKS WITH IRAN: POOL REPORT

ISRAEL MILITARY ON HIGHEST ALERT OVER IRAN TENSIONS Israel army chief Lt. Col. Eyal Zamir says the military is at its highest alert level amid escalating threats linked to the Iran conflict. The warning follows Iranian Revolutionary Guard threats of regional escalation and U.S.

TARIFF REFUNDS SEEN AS DISINFLATIONARY BOOST BofA Securities says tariff refunds could act as a modest disinflationary force by cushioning higher energy and shipping costs for importers. The bank adds that any consumer impact is likely to come through slower price increases

TRUMP ON CUBA: WE WILL NOT REST UNTIL PEOPLE OF CUBA ONCE AGAIN HAVE FREEDOM

TRUMP ON CUBA: AMERICA WILL NOT TOLERATE A ROGUE STATE WITH HOSTILE FOREIGN MILITARY, INTELLIGENCE AND TERROR OPERATIONS JUST NINETY MILES FROM U.S.

🇪🇺ECB SET FOR JUNE HIKE, JULY MOVE UNCERTAIN Sources say the European Central Bank is close to sealing a June rate hike decision, driven by persistent energy-driven inflation near 3%, well above its 2% target. However, officials are expected to avoid committing to a July

ECB RATE HIKE VERY LIKELY IN JUNE AS INFLATION OUTLOOK MOVING TOWARDS ADVERSE SCENARIO, SOURCES SAY

INFLATIONARY SHOCKS REDUCE U.S. TREASURYS' SAFE-HAVEN STATUS: NOMURA ASSET MANAGEMENT INTERNATIONAL U.S. TREASURYS CAN BEHAVE MORE LIKE RISK ASSETS DURING INFLATIONARY SHOCKS: NOMURA ASSET MANAGEMENT INTERNATIONAL JUMP IN ENERGY COSTS EFFECTIVELY REMOVES PROSPECT OF NEAR-TERM

🚨 *US CRUDE INVENTORIES INCLUDING SPR DROP BY MOST ON RECORD: EIA

U.S. DIESEL FUTURES EXTEND LOSSES, DOWN 3.8%, AFTER EIA STORAGE REPORT U.S. GASOLINE FUTURES LOSSES, DOWN 3.5%, AFTER EIA STORAGE REPORT

BRENT CRUDE FUTURES EXTEND LOSSES, DOWN 4.3%, AFTER EIA STORAGE REPORT U.S. CRUDE FUTURES EXTEND LOSSES, DOWN 4.1%, AFTER EIA STORAGE REPORT

SPOT SILVER RISES OVER 3% TO $76.34/OZ

U.S. STOCKS EXTEND GAINS, NASDAQ UP 1.00%

DOE: US CRUDE OIL STOCKS -7.863M BBL IN WK; SEEN -3M BBL

POSSIBLE WASHINGTON–TEHRAN DEAL NEARS FINALIZATION Work is underway to finalize the text of a Washington–Tehran agreement, according to Al Hadath sources, with negotiations reportedly advancing in earnest. Sources say a final deal could be announced within hours if Pakistan’s

$INTC - INTEL EXTENDS EARLY GAINS, NOW UP OVER 10%

YARDENI SAYS BULL MARKET SAFE DESPITE BOND SELLOFF Yardeni Research says rising U.S. Treasury yields are not threatening the bull market, arguing the move reflects economic strength rather than systemic risk. The 30-year yield has climbed to 5.19% and the 10-year to 4.69%,

OIL REFINING IN CENTRAL RUSSIA HAS BEEN EITHER HALTED OR SCALED BACK IN RECENT DAYS FOLLOWING UKRAINIAN DRONE ATTACKS - SOURCES AND DATA

SAUDI ARABIA SAYS IT HOPES IRAN RESPONDS URGENTLY TO MEDIATION EFFORTS TO AVOID ESCALATION

SAUDI ARABIA APPRECIATES U.S. PRESIDENT RESPONSE IN GRANTING NEGOTIATIONS WITH IRAN AN ADDITIONAL OPPORTUNITY TO REACH AN AGREEMENT

TRUMP: IRAN IS DECIMATED

TRUMP: WE NEED TO REOPEN THE STRAIT OF HORMUZ

TRUMP ON IRAN: WE'RE GOING TO GIVE THIS ONE SHOT, AM IN NO HURRY

IRAN'S PARLIAMENT SPEAKER SAYS IRAN AND THE U.S. ARE IN A 'WAR OF WILLS'

🚨 IRAN'S PARLIAMENT SPEAKER SAYS MOUNTING ECONOMIC PRESSURE AND BLOCKADE WILL NOT COMPEL IRAN TO SURRENDER

🚨 IRAN'S PARLIAMENT SPEAKER SAYS OUR MILITARY FORCES HAVE USED THE CEASEFIRE OPPORTUNITY IN THE BEST WAY TO REBUILD THEIR STRENGTH

🚨 IRAN'S PARLIAMENT SPEAKER SAYS OBVIOUS AND HIDDEN MOVES OF THE 'ENEMY' SHOW THEY ARE SEEKING A NEW ROUND OF WAR

$GME - GAMESTOP BOOSTS EBAY STAKE ABOVE 6% GameStop has raised its stake in eBay to 6.55%, up from about 5%, according to a filing, as it continues its push into a potential takeover. The move follows CEO Ryan Cohen’s unsolicited $56 billion offer for eBay, which the company

BEZOS: EVEN IF THIS IS BUBBLE, DON'T WORRY ABOUT IT, BECAUSE IT'S DRIVING INVESTMENT

ASML CEO: HAS TALKED WITH ELON MUSK ABOUT PLANNED TERAFAB PROJECT, SAYING MUSK IS 'VERY SERIOUS'

ASML CEO: STRONG AI DEMAND MEANS CHIPS WILL BE A 'SUPPLY-LIMITED MARKET' FOR QUITE A WHILE

$INTU - INTUIT TO LAY OFF ABOUT 17% OF WORKFORCE, MEMO SHOWS

BEZOS: IDEA OF DATA CENTERS IN SPACE IS 'VERY REALISTIC' BEZOS: 2 OR 3 YRS IS PROBABLY A LITTLE AMBITIOUS BEZOS: DATA CENTERS IN SPACE 'WILL HAPPEN'

BEZOS: I THINK TRUMP IS MORE MATURE, MORE DISCIPLINED

IRAN'S IRGC NAVY SAYS TRANSIT THROUGH THE STRAIT OF HORMUZ IS ONGOING WITH PERMITS OBTAINED AND COORDINATION WITH IT

IRAN'S IRGC NAVY SAYS 26 VESSELS, INCLUDING OIL TANKERS, CONTAINER SHIPS, AND OTHER COMMERCIAL VESSELS TRANSITED STRAIT OF HORMUZ IN PAST 24 HOURS IN COORDINATION WITH IRAN

BEZOS: I'LL GIVE AWAY MOST OF MY WEALTH IN MY LIFETIME

XI, PUTIN START TALKS OVER TEA - CHINESE STATE MEDIA

BEZOS: VIDEO IN FRONT OF BILLIONAIRE KEN GRIFFIN'S HOUSE CROSSES LINE

BEZOS SAYS BOTTOM HALF OF WORKERS SHOULD PAY ZERO TAXES

BEZOS: THIS ISN'T ANYONE'S FAULT BUT GOVT POLICY

BEZOS: YOU COULD DOUBLE THE TAXES I PAY, AND IT WON'T ADDRESS ISSUE

BEZOS: DON'T PRETEND THAT HIGHER TAXES ON WEALTHY WILL SOLVE THE PROBLEM

BEZOS: I PAY BILLIONS IN TAXES

ADNOC CEO: IT WILL TAKE AT LEAST 4 MONTHS TO GET BACK TO 80% OF PRE CONFLICT FLOWS

IRAN TV: SOUTH KOREA COORDINATED WITH IRGC WEDS. TO TRANSIT STRAIT

US–IRAN TALKS HARDEN OVER NUCLEAR AND STRAIT OF HORMUZ Pakistan’s interior minister is in Tehran for new talks, according to Al Arabiya sources. The U.S. has intensified demands on Iran over its nuclear program and security in the Strait of Hormuz, while signaling it will not

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS ARAQCHI'S PARTICIPATION IN UN SECURITY COUNCIL MEETING ON MAY 26 HAS NOT BEEN DECIDED YET - ISNA

RUSSIA'S NOVAK: GLOBAL MARKETS CANNOT FUNCTION WITHOUT RUSSIAN OIL, WHICH IS WHY A NUMBER OF COUNTRIES ARE LIFTING RESTRICTIONS – TASS

$NVDA - NVIDIA EARNINGS TEST AI TRADE MOMENTUM Nvidia reports first-quarter earnings Wednesday after the close, with investors watching to see whether another strong beat can revive AI-driven market momentum or whether higher bond yields will continue to dominate sentiment.

🇺🇸 PRESIDENTIAL SCHEDULE — WEDNESDAY, MAY 20, 2026 🔸8:00 AM — Out-of-town travel pool call time (Joint Base Andrews) 🔸Morning — Depart White House → Groton, Connecticut Arrival — Groton-New London Airport, CT 🔸11:00 AM — Commencement Address, U.S. Coast Guard Academy

🇬🇧UK PM STARMER TO EXTEND THE FREEZE IN FUEL DUTY FOR THE REST OF THE YEAR

US AVERAGE 30-YEAR MORTGAGE RATE RISES 10 BPS TO 6.56 PCT IN MAY 15 WEEK, HIGHEST IN 7 WEEKS - MBA

U.S. TO CUT NATO MILITARY COMMITMENTS The Trump administration plans to tell NATO allies this week that the U.S. will reduce the forces it makes available to the alliance during major crises, sources said. The move reflects President Trump’s push for Europe to take greater

🇨🇳 CHINA ACCELERATES MINERAL STOCKPILES China will fast-track construction of strategic mineral reserves under new rules implementing a 2024 law, state media said Wednesday. The regulations set a minimum five-year reserve term and ban mining or use of state-held minerals

*UK TO DELAY 5 PENCE FUEL DUTY HIKE DUE SEPT: PERSON FAMILIAR

BREAKING: Meta $META has begun notifying 8,000 employees globally that they're being laid off, starting with Singapore at 4 a.m. local time, per Bloomberg. European and US staff will be notified in their own time zones. Engineering and product teams are expected to be hit

WHITE HOUSE: TRUMP SIGNED EXECUTIVE ORDER AIMED AT PROTECTING AMERICA'S FINANCIAL SYSTEM FROM ILLICIT ACTIVITY

IRAN SAYS CLAIM BY U.S. THAT STRUCK IRANIAN SCHOOL WAS LOCATED WITHIN CRUISE MISSILE BASE IS 'BASELESS'

ECB'S KOCHER SEES JUNE RATE HIKE IF NO IMPROVEMENT IN IRAN WAR

Meta $META has offered to give rival AI chatbots including OpenAI free access to WhatsApp in Europe, but will start charging them once they hit a message limit, per Reuters. The proposal was submitted to EU antitrust regulators last week to address an ongoing investigation. The

$META - *META PLATFORMS OFFERS RIVALS LIMITED WHATSAPP ACCESS *META PLATFORMS SAYS RIVALS FACE MESSAGING FEES *AGENTIK SAYS META OFFER FAILS COMPETITION CONCERNS

CITI SAYS THAT FOR A RERUN OF 1970S OIL SHOCK STRAIT OF HORMUZ MAY NEED TO REMAIN CLOSED EARLY 2027

*CITI SAYS OIL UNDERPRICED ON TAIL RISKS *CITI EXPECTS BRENT TO HIT $120 NEAR TERM *CITI FORECASTS 2027 OIL AT $80–90 BASE CASE *CITI SEES BRENT BULL CASE AT $150

*US GOVERNMENT SEIZES IRAN-LINKED SKYWAVE TANKER *US GOVERNMENT EXPANDS SHADOW FLEET OIL CRACKDOWN *US GOVERNMENT SAYS IRAN OIL SHIP SEIZURES CONTINUE

Netflix $NFLX expanding into new segments like kids & family, with major moves into toys and confections, per the company's website.

Canva launches connected app for Google $GOOGL Gemini. Gemini users can generate and edit Canva designs, and turn Nano Banana images into layered, editable designs to refine and publish in Canva.

Nike $NKE launches new AI-powered shopping experience. US consumers can now discover and buy Nike products directly in the Gemini app and AI Mode in Google Search.

VANCE: I THINK IRAN WANTS TO MAKE A DEAL BUT WE WON'T KNOW UNTIL WE SIGN DEAL

MORTGAGE RATES HIT 6.75%, HIGHEST SINCE JULY 30-year mortgage rates rose to 6.75%, the highest since July, up 7 bps in a day and 33 bps over 10 days, according to Mortgage News Daily. Rates are now 46 bps above April lows after rebounding from war-driven volatility that pushed

*VANCE: OPTION B IS RESTART MILITARY CAMPAIGN ON IRAN *VANCE: TRUMP DOES NOT WANT TO DO OPTION B IN IRAN

VANCE: WE'VE MADE A LOT OF PROGRESS ON IRAN VANCE: WE CAN RESTART MILITARY CAMPAIGN VANCE: BUT THAT'S NOT WHAT TRUMP OR IRAN WANTS

VANCE: WE CAN RESTART MILITARY CAMPAIGN

VANCE: WE'VE MADE A LOT OF PROGRESS ON IRAN

$LULU - WSJ SAYS LULULEMON-WILSON TALKS COLLAPSE

BOND YIELDS MAY TRIGGER TRUMP ACTION Wolfe Research says rising U.S. bond yields—not stock declines—are the key trigger that could force White House action on the war. Analyst Chris Senyek warns inflation is pushing yields higher, and policymakers are more likely to respond to

PENTAGON LEAVES DOOR OPEN TO RENEWED IRAN STRIKES A senior Pentagon official declined to rule out renewed US military action or ground troop deployment in Iran, saying those decisions remain with President Trump. The Pentagon also did not say whether the administration would

UN CUTS 2026 GLOBAL ECONOMIC GROWTH FORECAST TO 2.5% FROM 2.7% ON MIDDLE EAST CONFLICT UN RAISES 2026 GLOBAL INFLATION FORECAST TO 3.9% FROM 3.1% UN SEES GLOBAL GROWTH SLOWING TO 2.1% IF ENERGY DISRUPTION IS MORE SEVERE UN LOWERS 2027 GLOBAL ECONOMIC GROWTH FORECAST TO 2.8%

TRUMP ENDORSES KEN PAXTON IN REPUBLICAN TEXAS U.S. SENATE PRIMARY

BOND SELLOFF DEEPENS AS INFLATION FEARS WEIGH ON MARKETS US stocks fell as rising oil prices and inflation concerns extended the selloff in government bonds, pushing 10-year Treasury yields to their highest level since February 2025. Markets remain focused on the risk of

🇯🇵 UEDA: AWARE THAT LONG-TERM INTEREST RATES ARE RISING RAPIDLY

🇯🇵 KATAYAMA: JAPAN WILL TAKE BOLD ACTION ON FX WHEN NEEDED

🇯🇵 KATAYAMA: READY TO TAKE DECISIVE ACTION ON FOREX

$AAPL - *APPLE’S NEW HARDWARE BOSS SHAKES UP OVERSIGHT OF PRODUCT DESIGN

RUSSIAN AMBASSADOR TO UN TELLS UN SECURITY COUNCIL THAT UKRAINE PLANS TO LAUNCH DRONES FROM LATVIA, OTHER BALTIC STATES

U.S. PROBING WHETHER CHINESE COMPANIES CUT PRODUCTION OF SHIPPING CONTAINERS BEFORE COVID PANDEMIC -CBS NEWS

UK TREASURY PUSHES SUPERMARKETS TO CAP FOOD PRICES

$TSLA - TESLA IS BUILDING ITS GIANT SOLAR PANEL FACTORY IN HOUSTON - ELECTREK

ANDREJ KARPATHY, COFOUNDER OF OPENAI, JOINS ANTHROPIC: X

MUSK: FIRST STARSHIP V3 LAUNCH LATER THIS WEEK

TRUMP, ON IRAN, OIL PRICES: WON'T BE MUCH LONGER

- TRUMP: THERE MAY BE OTHER INITIATIVES TO KEEP GAS PRICES IN CHECK

TRUMP: WE'RE NOT LEAVING IRAN YET, GOING TO DO IT RIGHT

TRUMP: XI HAS PROMISED ME HE'S NOT SENDING IRAN WEAPONS TRUMP: TAKE XI AT HIS WORD, HAD AMAZING TIME IN CHINA

🚨 TRUMP: IRAN STILL HAS A LITTLE CAPACITY TO RETALIATE

*BESSENT SAYS ASIAN ALLIES MUST POLICE IRAN SHADOW FLEET

TRUMP: MIDEAST COUNTRIES ASKED FOR FEW MORE DAYS BEFORE ATTACK TRUMP: WAITING ON IRAN FOR LIMITED PERIOD OF TIME TRUMP ON TIME FOR IRAN: 2-3 DAYS, MAYBE TILL EARLY NEXT WEEK

TRUMP ON IRAN WAR: EVERYONE TELLS ME IT'S UNPOPULAR BUT I THINK IT'S VERY POPULAR

TRUMP ON TIME FOR IRAN: 2-3 DAYS, MAYBE TILL EARLY NEXT WEEK

TRUMP: AGREED TO GIVE A COUPLE OF DAYS

TRUMP: THINK IT IS IMPORTANT TO GET THE NUCLEAR DUST

TRUMP: GULF STATES ARE NEGOTIATING, ISRAEL TOO.

TRUMP: DON'T KNOW ABOUT CHANGING THE 'REGIME' IN CUBA

TRUMP: WE WILL HELP CUBA TRUMP: THINK CAN REACH A DIPLOMATIC DEAL WITH CUBA

🚨 SWAPS IMPLY OVER 80% CHANCE OF FED RATE HIKE BY END-2026

U.S. UNQUESTIONABLY SAFER AS A RESULT OF U.S. MILITARY ACTIONS AGAINST IRAN, U.S. COMMANDER SAYS

30-YR U.S. TREASURY YIELD RISES TO 5.195%

US 2-YEAR YIELD RISES TO 4.11%, HIGHEST SINCE FEBRUARY 2025

TOP NATO COMMANDER: A TOTAL OF 5,000 US TROOPS WILL BE PULLED OUT OF EUROPE

NOVAK: RUSSIA TO BOOST OIL SUPPLIES TO CHINA VIA KAZAKHSTAN:IFX

🚨 *NATO TO CONSIDER HORMUZ DEPLOYMENT IF STRAIT NOT OPEN BY JULY

*IRAN DEPUTY FM WARNS TEHRAN READY FOR MILITARY RESPONSE

*IRAN DEPUTY FM SAYS SURRENDER NOT AN OPTION FOR IRAN

IRAN FM WARNS OF RETALIATION DESPITE U.S. TALKS Iran’s deputy foreign minister says the U.S. claim of pausing strikes for negotiations is contradicted by ongoing threats of “massive assault,” calling it disguised coercion. He says Iran is fully prepared to respond to any

IRAN'S DEPUTY FOREIGN MINISTER SAYS IRAN PREPARED TO CONFRONT ANY MILITARY AGGRESSION

SPOT SILVER EXTENDS DECLINE, DOWN OVER 5% TO $73.57/OZ

US 30-YEAR TREASURY YIELD RISES TO 5.177%, HIGHEST SINCE 2007

TREASURY PUSHES PARTNERS TO SHUT IRAN BANKS, SHELL COMPANIES

U.S. SEEKS GLOBAL CRACKDOWN ON IRAN SHADOW BANKING NETWORKS – BESSENT

BESSENT CALLS ON EUROPE TO STEP UP IRAN FINANCIAL SANCTIONS

BESSENT PUSHES GLOBAL CRACKDOWN ON IRAN FINANCIAL NETWORKS U.S. Treasury Secretary Bessent expects European partners to intensify Iran sanctions by targeting financiers, closing bank branches, and exposing shell companies. He also called on Middle East and Asian countries to

SPOT SILVER FALLS NEARLY 3% TO $75.24/OZ

DOLLAR SEEN OVERVALUED BY RECORD SHARE OF FUND MANAGERS Bank of America’s May global fund manager survey shows rising concern over the U.S. dollar’s valuation. A net 50% of investors now say the dollar is overvalued, up from 41% last month. BofA notes the currency sits about

YIELD ON 30-YR U.S. TREASURY BOND CLIMBS TO 5.158%

SPOT GOLD FALLS 1% TO $4,519.99/OZ

AIRBUS PLANS 10% COST CUTS AMID GLOBAL HEADWINDS Airbus is targeting broad 10% cost reductions across its plane-making unit and group headquarters, according to sources. The cuts are driven by global uncertainty and ongoing supply chain issues, and come on top of the company’s

PENTAGON URGED NO RESUMPTION OF STRIKES AS IRAN GREW MORE EFFECTIVE TRACKING US AIR OPS: NYT

BOND ALLOCATIONS DROP TO 4-YEAR LOW Bank of America’s May global fund manager survey shows investors sharply reduced exposure to bonds, pushing allocations to the lowest level in nearly four years. Bond positioning fell to a net 44% underweight, the weakest reading since June

🇪🇺 ECB'S NAGEL: “MAYBE WE HAVE TO DO SOMETHING’ IN JUNE

GERMAN CHANCELLOR MERZ: WE MUST BE CAREFUL THAT DEBT DOES NOT RISE TOO MUCH, GERMANY PLAYS IMPORTANT ROLE IN STABILITY OF EURO

ANTHROPIC: KPMG INTEGRATES CLAUDE ACROSS ITS CORE BUSINESS AND WORKFORCE OF MORE THAN 276,000 IN STRATEGIC ALLIANCE

TRUMP’S IRAN STRATEGY STALLS AS STRAIT OF HORMUZ REMAINS KEY LEVER Trump’s pressure campaign on Iran is showing limited results, with Tehran holding firm despite threats and military signaling. While U.S. officials claim progress and suggest a deal is close, Iran has not shifted

TRUMP TRADE ADVISER NAVARRO: CHINA WILL BUY OFFAL, NOT STEAK AND BURGERS

SEVERE EARTHQUAKE IN LORESTAN PROVINCE, NORTHERN IRAN: M4.6 MAGNITUDE: MEHR NEWS

NATO CONFIRMS ROMANIAN F16 FIGHTER JETS FROM NATO’S BALTIC AIR POLICING MISSION IN LITHUANIA SHOT DOWN A DRONE OVER ESTONIAN AIRSPACE

STRAIT OF HORMUZ REOPENING EXPECTATIONS: MOST SEE SUMMER 2026 Bank of America’s May global fund manager survey shows investors largely expect the Strait of Hormuz to reopen in the coming months. 🔸44% expect reopening in June 2026 🔸10% expect it in May 2026 🔸22% see reopening

G7 FINANCE MINISTERS' STATEMENT: IMPERATIVE TO RE-OPEN HORMUZ

VILLEROY: IRAN CONFLICT CREATES RISK TO GROWTH AND INFLATION

Intel $INTC CEO Lip-Bu Tan on CNBC: "PC business is still important to us." On the 14A chip: production reached in 2028, volume production in 2029.

A PERSON AT SPACEX’S ROCKET COMPLEX IN TEXAS DIED IN A WORKPLACE ACCIDENT FRIDAY, ACCORDING TO LOCAL AUTHORITIES

Trump: There seems to be a very good chance to make a deal, if we can do it without bombing i'll be happy

TRUMP ON IRAN: THERE SEEMS TO BE A GOOD CHANCE THAT A DEAL CAN BE WORKED OUT

Trump: Iran will not have a nuclear weapon

Trump: Not one boat has got through Hormuz blockade

*TRUMP: IRAN HAS TO PUT THE NUCLEAR TERMS DOWN IN WRITING

*TRUMP, ON IRAN ATTACK PAUSE: COUNTRIES THINK DEAL IS CLOSE

*TRUMP: MIDEAST ASKED IF IRAN ATTACK COULD BE DELAYED 2 OR 3 DAYS

Trump: Think we've made a lot of progress on Iran

TRUMP ON EBOLA: I AM CONCERNED

SEC IS SAID TO READY PLAN FOR TRADING CRYPTO VERSIONS OF STOCKS THE SECURITIES AND EXCHANGE COMMISSION IS EXPECTED TO RELEASE ITS SO-CALLED INNOVATION EXEMPTION FOR TOKENIZED STOCKS AS SOON AS THIS WEEK

TRUMP: WEBSITE WILL ADD OVER 600 GENERIC DRUGS

TRUMP: TRUMPRX SITE WILL INCLUDE GENERIC DRUGS

TRUMP ANNOUNCES EXPANSION OF DISCOUNT DRUG PRICING SCHEME

MUSK ON OPENAI VERDICT: I WILL BE FILING AN APPEAL WITH THE NINTH CIRCUIT

MUSK ON OPENAI VERDICT: RULING BY OAKLAND JUDGE CREATES 'TERRIBLE PRECEDENT'

AIR DEFENCES ACTIVATED IN ISFAHAN, REASON UNKNOWN - IRAN'S MEHR NEWS AGENCY

Akamai $AKAM proposes $2.6B in 0% convertible senior notes due 2030 and 2032. Proceeds to fund cloud infrastructure capex and general corporate purposes. Akamai will also repurchase about $350M of common stock from the note purchasers.

WHITE HOUSE: TRUMP HAS ALL OPTIONS AT HIS DISPOSAL AT ALL TIMES

IRAN SPOTS US-ISRAELI DRONES IN QESHM ISLAND: TASNIM

IRAN'S TASNIM SAYS AIR DEFENCES WERE ACTIVATED AT QESHM ISLAND AFTER DETECTION OF MICRO DRONES

*TRUMP SAYS HE HAS CALLED OFF PLANNED STRIKE ON IRAN TOMORROW

TRUMP HALTS IRAN STRIKE — FOR NOW “President Trump says he has postponed a planned U.S. military strike on Iran after requests from Qatar’s Emir Tamim bin Hamad Al Thani, Saudi Crown Prince Mohammed bin Salman, and UAE President Mohamed bin Zayed. According to Trump,

*TRUMP: WE WON'T BE DOING THE SCHEDULED ATTACK OF IRAN TOMORROW

TRUMP: ATTACK WAS SCHEDULED FOR TOMORROW

*TRUMP: PREPARED TO ATTACK IF NO DEAL WITH IRAN

TRUMP: HAVE BEEN ASKED BY QATAR, SAUDI ARABIA, AND UNITED ARAB EMIRATES TO HOLD OFF ON OUR PLANNED MILITARY ATTACK OF ISLAMIC REPUBLIC OF IRAN

AIR DEFENCES ACTIVATED ON QESHM ISLAND NEAR STRAIT OF HORMUZ - IRAN'S MEHR NEWS AGENCY REPORTS, REASON UNKNOWN

Meta $META plans May 20 layoffs in three batches globally, each at 4 a.m. local time, per internal documents seen by Reuters. 7,000 people will be moved to new AI workflow initiatives. Managerial roles will be eliminated. "Many leaders will announce org changes" alongside the

WHITE HOUSE REVIEWS BAN ON TRADING THROUGH BEST PRICE ON STOCKS

IRAN'S PRESIDENT SAYS UNDER NO CIRCUMSTANCES WILL IRAN RETREAT FROM THE LEGITIMATE RIGHTS OF THE IRANIAN PEOPLE AND THE COUNTRY

AN AMERICAN MISSIONARY HAS TESTED POSITIVE FOR EBOLA -FOX NEWS

Apple $AAPL to unveil iOS 27 at WWDC in June with AI writing aid, shortcuts, and wallpapers.

KATAYAMA: WE NEED TO CLOSELY MONITOR FINANCIAL MARKETS

OpenAI and Dell $DELL to explore how Codex can connect with the Dell AI Factory.

KATAYAMA: VOLATILITY IN OIL PRICES IS AFFECTING FOREX MARKET

$AAPL - APPLE INC: SPECIAL EVENT AT APPLE PARK ON JUNE 8

🚨TRUMP: IRAN KNOWS WHAT’S ‘GOING TO BE HAPPENING SOON’ Donald Trump said he is “not open” to concessions for Iran after receiving what he described as an unsatisfactory new proposal in peace talks. Trump warned Tehran knows “what’s going to be happening soon,” signaling

TRUMP: IRAN KNOWS WHAT’S ‘GOING TO BE HAPPENING SOON’

$DELL $NVDA - DELL: ANNOUNCES BROAD SET OF ADVANCEMENTS TO DELL AI FACTORY WITH NVIDIA

WHITE HOUSE OFFICIAL: TRUMP TO HOLD SWEARING-IN CEREMONY FOR FED'S WARSH ON FRIDAY

WARSH WILL BE SWORN IN ON FRIDAY IN A CEREMONY HOSTED BY TRUMP AT THE WHITE HOUSE -FOX BUSINESS

ELON MUSK SAYS STARSHIP PRODUCTION PIPELINE IS FULL AND WILL COMPLETE ROUGHLY 10 MORE SHIPS AND ABOUT HALF THAT NUMBER OF BOOSTERS THIS YEAR - X POST

FITCH RATINGS' U.S. PRIVATE CREDIT DEFAULT RATE HITS A HIGH OF 6.0% IN APRIL 2026

🚨 US REJECTS LATEST IRANIAN PEACE PROPOSAL AHEAD OF SITUATION ROOM MEETING ON TUESDAY

🚨 *US REJECTS LATEST IRANIAN PEACE PROPOSAL: AXIOS

*IRAN HAS GIVEN AN UPDATED PROPOSAL FOR A DEAL: AXIOS *WHITE HOUSE BELIEVES IRAN UPDATE NOT MEANINGFUL: AXIOS

COLORADO PUBLIC HEALTH OFFICIALS INVESTIGATING A CONFIRMED CASE OF HANTAVIRUS IN A DOUGLAS COUNTY ADULT THAT HAS RESULTED IN DEATH -STATEMENT

COLORADO PUBLIC HEALTH OFFICIALS ARE INVESTIGATING THE DEATH OF AN ADULT RESIDENT AS A RESULT OF HANTAVIRUS -ABC NEWS

US SAYS IRAN DEAL OFFER STILL INSUFFICIENT, WAR TALKS RISK ESCALATION A senior U.S. official told Axios that Iran’s updated proposal for ending the conflict is not a meaningful improvement and remains insufficient for a deal. Washington said President Donald Trump still prefers

IRAN'S NEW OFFER IS INSUFFICIENT, RISKS WAR RESUMPTION: SENIOR U.S. OFFICIAL

TRUMP BLASTS MEDIA COVERAGE OF IRAN WAR Donald Trump criticized media reporting on the Iran conflict, accusing major outlets of distorting coverage and misrepresenting US military strength. He claimed that even in the event of an Iranian surrender, some media would still

OIL FUTURES TURN POSITIVE IN VOLATILE TRADE AS WORRIES ABOUT SUPPLY DISRUPTIONS OFFSET ECONOMIC CONCERNS

🚨 IRAN'S TASNIM CITES SOURCE CLOSE TO NEGOTIATING TEAM IRAN SAYS US DEMANDS STILL EXCESSIVE DESPITE DRAFT CHANGES

US SAYS TRUMP LOSING PATIENCE IN IRAN TALKS A US source told Al Jazeera that Iran has “days, not weeks” to present a viable proposal to break the deadlock in talks with Donald Trump. The source added that Trump’s patience is wearing thin as negotiations with Tehran show little

U.S. MAY NAHB HOUSING MARKET INDEX 37 (CONSENSUS 34)

SPOT GOLD RISES NEARLY 1% TO $4,580.27/OZ

UK PM STARMER ASKED IF HIS PREMIERSHIP IS OVER, SAYS "NO" UK PM STARMER: I AM NOT GOING TO WALK AWAY

🚨 IRAN SAYS IRANIAN VESSEL PASSES THROUGH US BLOCKADE: FARS

IRAN–US TALKS: LIMITED FLEXIBILITY AS FUND FREEZE AND HORMUZ DEMANDS EMERGE A senior Iranian source told Reuters that the US has shown limited flexibility in ongoing talks, including on Iran’s nuclear program and sanctions relief. Washington has reportedly agreed so far to

TEHRAN WILL DISCUSS ITS NUCLEAR ISSUE IN LATER STAGES

WASHINGTON HAS SO FAR ONLY AGREED TO UNFREEZE 25% OF IRAN'S FUNDS ON A PHASED TIMETABLE

SENIOR IRANIAN SOURCE TO REUTERS: U.S. HAS SHOWN FLEXIBILITY IN ONGOING DISCUSSIONS, INCLUDING OVER LIMITS TO IRAN'S NUCLEAR WORK

IRAN PLANS TO REBUILD SOUTH PARS GAS FIELD IN TWO YEARS - ISNA

TRUMP DISMISSES LAWSUIT AGAINST IRS -COURT FILING

SPOT SILVER RISES OVER 2% INTRADAY TO $77.43/OZ

IRAN SEEKS LONG TRUCE, HORMUZ REOPENING IN REVISED PROPOSAL Leaks cited by Al Arabiya report that Iran is seeking a phased truce and gradual reopening of the Strait of Hormuz in a revised proposal. Tehran is also said to be open to a long-term freeze of its nuclear program

RISING TREASURY YIELDS COULD ADD $1.5T TO US DEBT US Treasury yields have risen to about 4.6%, up from roughly 4% before the Middle East conflict, hitting a more than one-year high and increasing pressure on government finances. Higher borrowing costs directly raise US interest

IRAN STARTS BITCOIN-BACKED SHIPPING INSURANCE FOR HORMUZ STRAIT

$MSTR - STRATEGY SPENDS $2B TO BUY MORE BITCOIN IN AGGRESSIVE TREASURY MOVE Strategy Inc. raised $2.03B through stock sales and quickly deployed nearly all proceeds to buy 24,869 bitcoin over a six-day period. The firm sold shares via multiple ATM programs, then purchased

RBC SEES LIMITED S&P 500 DOWNSIDE, UP TO 10% CORRECTION RBC Capital Markets expects the S&P 500 to reach 7,900 over 12 months, implying about 7.7% upside, while warning that any pullback is likely to stay in the 5–10% range. Analyst Lori Calvasina said a deeper 14–20% drop is

US IMPORTS HOLD UP DESPITE WEEKLY DIP, GOLDMAN SAYS US imports from China slipped week-over-week but remain up 9% year-over-year, according to Goldman Sachs tariff tracker data. Port activity is expected to fluctuate in the near term, with the Port of Los Angeles forecast to

$MSTR - STRATEGY BUYS 24,869 BITCOIN MAY 11 TO MAY 17 STRATEGY BUYS 24,869 BITCOIN FOR AVG. PURCHASE PRICE $80,985 MAY 11 TO MAY 17

$NVDA - NVIDIA PT RAISED TO $300 AS AI DEMAND STRENGTHENS Gil Luria of DA Davidson raised the price target on NVIDIA to $300 from $250, maintaining a Buy rating ahead of earnings. He expects continued strong results driven by NVIDIA’s central role in AI compute infrastructure,

US PROPOSED TEMPORARY WAIVER ON IRAN OIL SANCTIONS - TASNIM IRAN'S TASNIM CITES SOURCE CLOSE TO NEGOTIATION TEAM

IRAN WARNS OF ‘FULL-STRENGTH’ RESPONSE TO ANY ATTACK Iran said it remains committed to diplomacy but warned it is fully prepared to retaliate if attacked again. Foreign Ministry spokesman Esmaeil Baqaei said Tehran would respond “with full strength” to any “reckless action,”

🚨 PAKISTAN HAS DEPLOYED JET SQUADRON, 8,000 TROOPS, AIR DEFENCE SYSTEM TO SAUDI ARABIA UNDER DEFENCE PACT - SECURITY OFFICIALS AND GOVERNMENT SOURCES SAY

🚨 SITUATION AROUND ZAPORIZHZHIA NUCLEAR POWER PLANT IS RAPIDLY APPROACHING POINT OF NO RETURN - IFX CITES ROSATOM HEAD

OIL TRADERS BET ON PROLONGED PRICE SPIKE Oil prices rose for a fourth straight day as Donald Trump warned Iran to reach a peace deal or face more attacks. With the Strait of Hormuz still heavily disrupted, traders are increasingly betting oil prices will stay elevated through

EVERCORE SEES AI-DRIVEN S&P 500 SURGE TO 9,000 Julian Emanuel of Evercore set a base-case year-end 2026 target of 7,750 for the S&P 500, with a 30% chance the index could rally to 9,000 on AI-driven gains in tech and consumer stocks. Emanuel said the combination of the AI boom

INDIA KEEPS BUYING RUSSIAN OIL DESPITE SANCTIONS India said it will continue buying Russian oil regardless of U.S. sanctions waivers, with purchases driven by commercial interests, petroleum ministry official Sujata Sharma said. Sharma added that India has secured enough crude

FEDERAL RESERVE BOARD NAMES JEROME POWELL AS CHAIR PRO TEMPORE UNTIL KEVIN WARSH IS SWORN IN AS THE NEW CHAIR -STATEMENT

Viking Global Q1 2026 13F: New positions: - Apple $AAPL $912M - FedEx $FDX $688M - Meta $META $608M - ATI $ATI $485M - Waters $WAT $374M - Hasbro $HAS $350M - Reddit $RDDT $344M - AIG $AIG $318M - CBOE $CBOE $193M - Home Depot $HD $166M - Lululemon $LULU $150M - CoreWeave $CRWV

Nvidia $NVDA Q1 2026 portfolio update, per SEC filing: Major change: - CoreWeave $CRWV stake raised 94.5% to 47.2M shares New disclosure: - Coherent $COHR - 7.8M shares Other reported holdings: - Intel $INTC - 214.8M shares - Nokia $NOK - 166.4M shares - Synopsys $SNPS - 4.8M

Starboard Value (Jeff Smith) Q1 2026 13F: New positions: - Lamb Weston $LW $258M - CarMax $KMX $258M - GPGI $CMPO $86M Added: - Riot Platforms $RIOT +22% - TripAdvisor $TRIP +12% - iShares Core S&P MidCap $IJH +11% Slashed: - Rogers Corp $ROG -51% - Healthcare Realty $HR -46%

Third Point (Dan Loeb) Q1 2026 13F: New positions: - Meta $META $51M - Alphabet $GOOGL $50M - SPDR Gold $GLD $41M - Hut 8 $HUT $41M - TransDigm $TDG $29M - KLA $KLAC $16M - Lam Research $LRCX $16M - ASML $ASML $16M - Broadcom $AVGO $15M - VanEck Semis ETF $SMH $15M Added: - ARS

Berkshire Hathaway Q1 2026 13F: New positions: - Delta $DAL $2.6B - Alphabet Class C $GOOG $1B - Macy's $M $55M Added: - Alphabet $GOOGL +204% (now a $15.6B position) - NY Times $NYT +199% - Lennar $LEN +43% Slashed: - Constellation Brands $STZ -95% - Nucor $NUE -39% - Chevron

APPALOOSA Q1 2026 13F NEW POSITIONS - SanDisk $SNDK $178.7M INCREASED - Uber $UBER +242% - Vistra $VST +114% - Amazon $AMZN +98% - South Korea ETF $EWY +28% - Baidu $BIDU +20% - Taiwan Semi $TSM +18% - Micron $MU +11% REDUCED - Microsoft $MSFT -82% - KraneShares China Internet

Druckenmiller's Duquesne Q1 2026 13F: New positions: - Broadcom $AVGO $61M - Argentina ETF $ARGT $36M - Caris Life Sciences $CAI $34M - Revolution Medicines $RVMD $31M - SanDisk $SNDK $24M - Humana $HUM $24M - Twilio $TWLO $23M - Jabil $JBL $22M - GSCI Commodity ETF $21M - Linde

BREAKING: SpaceX picks Nasdaq as the listing venue for its IPO, per Reuters. Pricing as early as June 11, listing June 12. Shares to trade under ticker $SPCX. The summer IPO is anticipated to be the largest of all time.

Tiger Global Q1 2026 13F: New positions: - MercadoLibre $MELI $233M - Lumentum $LITE $96M - EquipmentShare $93M - Intel $INTC $72M - Robinhood Ventures Fund I $10.6M - PayPay $8.5M - Xanadu Quantum $3.8M Added: - Taiwan Semiconductor $TSM +49% - Applied Materials $AMAT +85% -

U.S. CONSIDERS ASKING ISRAEL TO GIVE PALESTINIAN TAX MONEY TO TRUMP'S BOARD OF PEACE FOR GAZA REBUILDING, SOURCES SAY

US OIL HITS INTRADAY HIGH, TRADES NEAR $105.50/BBL

US 5-YEAR TREASURY YIELDS CLIMB 10 BASIS POINTS ON DAY TO 4.25%

US 10-YEAR TREASURY YIELDS RISE 10 BASIS POINTS TO 4.58% ON DAY

$GOOGL $MSFT - ACKMAN: WE SOLD GOOGLE AND BOUGHT MICROSOFT

OIL PRICES RISE MORE THAN $3/BBL ON FEARS OF RENEWED US-IRAN COMBAT

UAE CATEGORICALLY REJECTS IRAN'S ALLEGATIONS AND ATTEMPTS TO JUSTIFY IRANIAN ATTACKS THAT TARGETED UAE DURING BRICS MEETING -STATEMENT UAE SAYS IT RESERVES FULL SOVEREIGN, LEGAL, DIPLOMATIC AND MILITARY RIGHTS TO RESPOND TO ANY IRANIAN THREAT OR HOSTILE ACT -STATEMENT

CHINA HOPES U.S. WILL TAKE CONCRETE ACTIONS TO SAFEGUARD PEACE, STABILITY ACROSS TAIWAN STRAIT, TOP DIPLOMAT SAYS - XINHUA

From energy event in Sabine Pass, Texas: Golden Pass to increase US LNG exports by 15% when fully operational, per ExxonMobil $XOM upstream head Dan Ammann. Energy Secretary Chris Wright: - US could "easily" double natural gas exports with no impact on domestic prices - New

ENERGY SECRETARY CHRIS WRIGHT SAYS US COULD 'EASILY' DOUBLE NATURAL GAS EXPORTS WITH NO IMPACT ON DOMESTIC PRICES

TRUMP ON TAIWAN: IF KEEP IT AS IS, CHINA IS OK WITH IT

TRUMP SAYS TO FOX: MAY, MAY NOT APPROVE TAIWAN WEAPONS

TRUMP TO FOX DISCOURAGES TAIWAN GOING 'INDEPENDENT'

TRUMP ON TAIWAN: NOT LOOKING TO TRAVEL 9500 MILES TO FIGHT WAR

CHINA, US AGREE TO SET UP TRADE, INVESTMENT COUNCILS: XINHUA

CHINA FOREIGN MINISTER WANG YI: CALLS FOR REOPENING STRAIT OF HORMUZ AS SOON AS POSSIBLE

CHINA FOREIGN MINISTER WANG YI: ENCOURAGES U.S. AND IRAN TO CONTINUE RESOLVING THEIR DIFFERENCES AND DISPUTES THROUGH TALKS

CHINA FOREIGN MINISTER WANG YI, ON TIES WITH U.S.: TEAMS ON TWO SIDES ARE STILL WORKING ON DETAILS FOR OUTCOMES ON TRADE - XINHUA

*XI TO VIST US IN AUTUMN: XINHUA

UK 30-YEAR YIELD CLIMBS 20BPS TO 5.86%, HIGHEST SINCE 1998

$V - CHINA COMMERCE MINISTER MET WITH VISA CEO - STATEMENT

$QCOM - CHINA COMMERCE MINISTER MET WITH QUALCOMM CEO - STATEMENT

TRUMP TO FOX: DIDN'T UNDERESTIMATE ANYTHING ON IRAN

$NVDA - NVIDIA SHARES FALL 3.6% AT OPEN, BIGGEST DROP SINCE APRIL 30

$MSFT - MICROSOFT SHARES UP 1.2%; BILL ACKMAN SAYS WILL DISCLOSE A NEW POSITION IN CO LATER ON FRIDAY

WHO CHIEF: WORK ON HANTAVIRUS OUTBREAK NOT FINISHED

WHO REPEATS THAT THE RISK FROM HANTAVIRUS TO THE GLOBAL POPULATION IS LOW

$NVDA - TD COWEN LIFTS NVIDIA TARGET TO $275 TD Cowen raised its price target on NVIDIA to $275 from $235, maintaining a Buy rating ahead of earnings. The firm remains bullish, citing strong AI demand, hyperscaler spending, and NVIDIA’s expanding Blackwell and Rubin pipeline,

US MILITARY SAYS IT'S REDIRECTED 75 VESSELS IN HORMUZ STRAIT

$9M BUFFETT LUNCH BID WINS CHARITY AUCTION A mystery bidder paid just over $9 million to win a charity lunch with Warren Buffett, marking his return to the event since 2022. The winner will dine with Buffett in Omaha on June 24, joined by Steph Curry and Ayesha Curry, and can

SPOT SILVER PLUNGES 8% INTRADAY TO $76.79 PER OUNCE

IRAN'S ARAQCHI: CLARIFIED TO INDIA'S JAISHANKAR THAT IRAN WILL ALWAYS CARRY OUT HISTORICAL DUTY AS PROTECTOR OF SECURITY IN HORMUZ

GERMAN 10-YEAR BUND YIELD RISES TO 3.136%, HIGHEST SINCE 2011

U.S. ENERGY SECRETARY WRIGHT: WILL LIKELY SEE MORE PIPELINES IN THE MIDDLE EAST

EARTHQUAKE OF MAGNITUDE 6.29 STRIKES BONIN ISLANDS, JAPAN REGION - GFZ

U.S. ENERGY SECRETARY WRIGHT: UP TO IRAN ON STRAIT OF HORMUZ -CNBC INTERVIEW

U.S. STOCK INDEX FUTURES EXTEND LOSSES S&P 500 E-MINI FUTURES DOWN 1.2%, NASDAQ 100 FUTURES DOWN 1.8%, DOW FUTURES DOWN 0.9%

CBOE VOLATILITY INDEX CLIMBS TO OVER TWO-WEEK HIGH, LAST UP 1.90 POINTS AT 19.16

GERMANY'S MERZ ON X: IRAN MUST OPEN THE STRAIT OF HORMUZ, TEHRAN MUST NOT BE ALLOWED TO HAVE NUCLEAR WEAPONS

TRUMP TO REVIEW CHINA OIL SANCTIONS President Donald Trump said he and Chinese leader Xi Jinping discussed the possibility of easing U.S. sanctions on Chinese companies buying Iranian oil. Trump said he will decide “over the next few days” whether to proceed. Five Chinese

$NVDA - TRUMP: CHINA HASN’T BOUGHT NVIDIA H200 CHIPS President Donald Trump said China has not purchased Nvidia’s H200 chips, despite U.S. approval for sales. He said China “chose not to” and is aiming to develop its own technology. Chip stocks fell after the summit ended

TRUMP: XI COULD MEET FOUR TIMES IN 2026 President Donald Trump said he and Chinese leader Xi Jinping could meet up to four times this year, including possible summits in the US and China. Trump said Xi may attend the G20 in Miami, the APEC summit in Shenzhen, and a possible US

TRUMP: XI DOESN’T WANT WAR OVER TAIWAN President Donald Trump said Chinese leader Xi Jinping does not want a war over Taiwan or a push for Taiwanese independence. Trump said he made “no commitment either way” on Taiwan and added the US does not need “a war that’s 9,500 miles

TRUMP: TARIFFS NOT DISCUSSED WITH XI President Donald Trump said tariffs were “not brought up” during two days of talks with Chinese leader Xi Jinping. “We didn’t discuss tariffs,” Trump told reporters aboard Air Force One, while noting China is still paying “substantial

TRUMP: NO TAIWAN PLEDGE AFTER XI MEETING President Donald Trump said he made “no commitment either way” on Taiwan during talks with Chinese President Xi Jinping, after Beijing warned the issue could spark conflict between the two countries. Trump also said he has not yet

TRUMP: RESPECT XI, DON'T THINK ABOUT WHETHER HE'S A DICTATOR

NO TSUNAMI WARNING ISSUED AFTER JAPAN EARTHQUAKE - NHK

JAPAN GOVT ISSUES EMERGENCY EARTHQUAKE WARNING JAPAN GOVT ISSUES EMERGENCY EARTHQUAKE WARNING FOR MIYAGI, AOMORI, IWATE, FUKUSHIMA AND AKITA PREFECTURES JAPAN EARTHQUAKE HAS PRELIMINARY MAGNITUDE OF 6.6 - NIED

Trump: If we don't get nuclear dust, we'll go in

TRUMP DISPUTES REPORTING THAT IRAN HAS MAINTAINED ITS MISSILE CAPACITY, SAYS 80 PERCENT GONE

TRUMP ON UK: WILL BE 'TOUGH' FOR UK'S STARMER TO SURVIVE POLITICALLY UNLESS HE DEALS WITH IMMIGRATION AND ENERGY POLICY

TRUMP TELLS NYT REPORTER THAT HIS REPORTING ON IRAN IS 'TREASONOUS'

IRAN'S FOREIGN MINISTER ARAQCHI SAYS WE HAVE RECEIVED MESSAGES FROM THE U.S. SAYING THEY ARE SEEKING CONTINUED TALKS

TRUMP: RELATIONSHIP WITH CHINA WILL BE STRONGER THAN BEFORE

TRUMP ON CHINA TRIP: HOPEFULLY OUR RELATIONSHIP WITH CHINA WILL BE STRONGER AND BETTER THAN EVER BEFORE

SENIOR STATE DEPARTMENT OFFICIAL ON ISRAEL-LEBANON TALKS: HAD A FULL DAY OF PRODUCTIVE AND POSITIVE TALKS

SPACEX IPO PROSPECTUS COULD LAND AS SOON AS NEXT WEEK, SOURCES SAY - CNBC

*TRUMP ETHICS FILING SHOWS TRADES TIED TO US STOCKS: NBC *MICROSOFT, META, ORACLE AMONG TRUMP DISCLOSURES: NBC

CUBA GOVERNMENT: US CIA DIRECTOR JOHN RATCLIFFE MET WITH CUBAN INTERIOR MINISTER ON THURSDAY

Papa John's $PZZA biggest US franchisee joins Irth's bid to take the company private, per three sources.

Boot Barn $BOOT Q4 earnings: - Revenue: $538.8M vs $532.8M est, beat - Net income: $44.4M - EPS: $1.45 FY2027 guidance: - Sales: $2.578B-$2.623B, +14% to +16% growth - Same-store sales growth: +2% to +4% - EPS: $8.21-$8.64 - Capex: $125M-$130M - Plans 70 new store openings

DLocal $DLO Q1 earnings: - Revenue: $335.9M vs $333.1M est, beat - Gross profit: $119M - Gross margin: 35% - Total payment volume: $14.1B

Figma $FIG Q1 earnings: - Revenue: $333.4M vs $313.2M est, beat - Adjusted EPS: $0.10 vs $0.06 est, beat - Net dollar retention: 139% Q2 guidance: - Revenue: $348M-$350M vs $327M est FY 2026 guidance raised: - Revenue: $1.42B-$1.43B (prior $1.36B-$1.37B) vs $1.36B est -

Applied Materials $AMAT Q2 earnings: - Revenue: $7.91B vs $7.65B est, beat - Adjusted EPS: $2.86 vs $2.66 est, beat - Adjusted net income: $2.29B vs $2.11B est, beat - Adjusted gross margin: 50% - Adjusted operating margin: 32.1% - Adjusted free cash flow: $210M - Net income:

SPOT SILVER FALLS 5% TO $83.45/OZ

U.S. GOV'T PLANE SEEN ON TARMAC AT HAVANA INTERNATIONAL AIRPORT

CDC SAYS THERE ARE 41 PEOPLE IN U.S. WHO ARE BEING MONITORED FOR HANTAVIRUS

*CDC: THERE ARE NO HANTAVIRUS CASES IN US CURRENTLY

solana:4yEjcMiy6GAgrpWpUvhUXfaP1vQmJXfqJjEyxBSZpump - CEREBRAS SYSTEMS SHARES OPEN AT $350 IN NASDAQ DEBUT VS $185 IPO PRICE

$CRCL - LONG-STALLED CRYPTO MARKET BILL WINS KEY SENATE COMMITTEE VOTE

$AAPL - APPLE–OPENAI PARTNERSHIP UNDER STRAIN, LEGAL CLASH POSSIBLE Apple Inc. and OpenAI are seeing growing friction in their partnership, with reports suggesting potential legal action may be prepared by OpenAI. The dispute comes as the ChatGPT integration into Apple’s

$AAPL - OPENAI WORKS WITH LAW FIRM TO PREPARE ACTIONS AGAINST APPLE

JUST IN: Senators unanimously approve resolution to withhold their own pay during future government shutdowns

U.S. STOCKS EXTEND GAINS, DOW JONES UP 1.01 PCT

XI SAYS NO MILITARY SUPPORT FOR IRAN, TRUMP SAYS Donald Trump said Xi Jinping told him China would not provide military equipment to Iran and expressed support for a potential deal. Trump added Xi offered to help mediate tensions and agreed the Strait of Hormuz should remain

$BA - BOEING SHARES FALL FURTHER, LAST DOWN 4.4%

*TRUMP TO FOX: BOEING WANTED 150, THEY GOT 200 'BIG ONES'

TRUMP TO FOX: XI SAID HE DOESN'T LIKE IRAN CHARGING HORMUZ TOLL

TRUMP TO FOX: XI SAID HE'D LIKE TO KEEP BUYING OIL FROM IRAN

Trump: China agreed to order 200 Boeing $BA jets, per Fox News interview.

TRUMP: XI OFFERED HELP ON IRAN, HORMUZ STRAIT Donald Trump said Xi Jinping offered during talks to help mediate tensions between the US and Iran and support reopening the Strait of Hormuz. Trump said Xi expressed interest in a deal and keeping the key oil route open, while

U.S. STOCKS EXTEND GAINS, NASDAQ UP 1.00%

TRUMP: XI WANTS TO SEE HORMUZ STRAIT OPEN

TRUMP: XI SAID HE WON'T GIVE MILITARY EQUIPMENT TO IRAN

BESSENT: IRAN OIL STORAGE FULL, PRODUCTION CUTS LOOM Scott Bessent said Iran’s oil storage is effectively full, warning Tehran may soon need to cut production amid disrupted exports. He said Iran has been unable to load tankers at Kharg Island for days due to a US blockade,

IRAN SAYS US ATTACK AIMED TO UNDERMINE ASIAN INTEGRATION: ISNA

U.S. ADMIRAL SAYS IRANIAN CAPABILITIES HAVE BEEN DRAMATICALLY DEGRADED, CANNOT CARRY OUT LARGE-SCALE VOLLEYS OF ATTACKS AGAINST NEIGHBORS

IRAN WILL NOT RETURN TO PRE-WAR NAVY FOR A GENERATION, SENIOR U.S. ADMIRAL SAYS

SENIOR U.S. ADMIRAL: IRAN'S MISSILES, NAVY, DRONES INDUSTRIAL BASE DEGRADED BY 90 PERCENT

FED'S SCHMID: INFLATION STILL TOO HIGH DESPITE STRONG ECONOMY Jeff Schmid said persistent inflation remains the biggest risk to the U.S. economy and is still running too high. Schmid said the economy remains resilient, with solid consumer spending, strong business investment —

*INDIA IMPOSES FURTHER CURBS ON GOLD IMPORTS

INTERACTIVE BROKERS EXPANDS PREDICTION MARKETS PUSH Interactive Brokers is launching a prediction-markets platform with Kalshi, allowing users to trade yes-or-no contracts tied to elections, climate and the economy. Founder Thomas Peterffy said institutional interest is rising,

SPOT SILVER FALLS BELOW $84/OZ, DOWN OVER 4% INTRADAY

U.S. MARCH BUSINESS INVENTORIES +0.9% (CONSENSUS +0.8%)

Trump's latest Periodic Transaction Report (278-T) discloses 3,600+ portfolio transactions from January through March 2026, per OGE filing. Largest sales ($5M-$25M tier), all on Feb 10: - Meta $META - Amazon $AMZN - Microsoft $MSFT Plus Vanguard Dividend Appreciation ETF $VIG

SAUDI ARABIA FLOATS MIDDLE EASTERN NON-AGGRESSION PACT WITH IRAN

DOLLAR/YEN SUDDENLY FALLS AS MUCH AS 0.4% TO LOW OF 157.27

SCHWAB CEO SAYS CRYPTO TRADING LAUNCHED TO CUSTOMERS THIS WEEK

$NVDA - NVIDIA SHARES UP 2.4% AT RECORD HIGH AFTER REPORT U.S. CLEARS H200 CHIP SALES TO 10 CHINA FIRMS

INTERACTIVE BROKERS EXPANDS PREDICTION MARKETS PUSH Interactive Brokers is launching a prediction-markets platform with Kalshi, CME Group and ForecastEx, allowing users to trade yes-or-no contracts tied to elections, climate and the economy. Founder Thomas Peterffy said

RUBIO SAYS CHINA TRYING TO TAKE TAIWAN WOULD BE A MISTAKE: AP

SPOT SILVER FALLS 3% TO $85.30/OZ

CME GROUP TO LAUNCH NASDAQ CME CRYPTO INDEX FUTURES

STRAIT TRAFFIC PICKS UP AS DARK TRANSITS RISE Traffic through the Strait of Hormuz increased this week, but analysts warn more ships are disabling AIS tracking signals during transit. Lloyd’s List said tanker owners are bracing for prolonged disruption as regional risks stay

KATZ: ISRAEL PREPARED FOR POSSIBILITY MAY NEED TO ACT AGAIN

KATZ: MUST ENSURE IRAN WON'T BE A THREAT TO ISRAEL'S EXISTENCE

🚨 ISRAEL DEFENSE MINISTER KATZ: IRAN MISSION IS NOT OVER

IRGC NAVY OFFICIAL: 30 SHIPS ALLOWED THROUGH STRAIT OF HORMUZ SINCE LAST NIGHT

🚨 IRAQ SOUGHT FINANCIAL ASSISTANCE FROM IMF AS A RESULT OF CONFLICT IN MIDDLE EAST, SOURCE CLOSE TO IMF SAYS

US JOBLESS CLAIMS +12K TO 211K IN MAY-9 WK; SURVEY 205K US MAY-2 WEEK CONTINUING CLAIMS +24K TO 1,782,000

US APRIL RETAIL SALES +0.5% (CONSENSUS +0.5%)

$AAPL - APPLE BULL CASE: $500? Evercore ISI raised its price target on AAPL to $365 from $330, while keeping an Outperform rating and setting a bull case target of $500. Analyst Amit Daryanani said investors are too focused on short-term iPhone and AI concerns, while

IRAN'S REVOLUTIONARY GUARDS SAY ABOUT 30 VESSELS CROSSED THE STRAIT OF HORMUZ WITH TEHRAN'S PERMISSION SINCE WEDNESDAY EVENING

TRUMP: US-CHINA RELATIONSHIP IS ONE OF THE MOST CONSEQUENTIAL IN WORLD HISTORY

TRUMP, AT STATE BANQUET IN BEIJING: WE HAD EXTREMELY POSITIVE AND CONSTRUCTIVE DISCUSSIONS

BESSENT ON FED: MAY GET 1-2 HOT INFLATION NUMBERS

US has approved around 10 Chinese firms to buy Nvidia $NVDA H200 chips, but no deliveries have been made, per Reuters. Approved buyers include Alibaba $BABA, Tencent $TCEHY, ByteDance, and JD. com $JD. Lenovo and Foxconn approved as distributors. Each customer can purchase up to

GAMESTOP CEO RYAN COHEN ON EBAY: I LOVE THE ASSET. IT'S RUN BY A BUNCH OF LOSERS - INTERVIEW WITH PIERS MORGAN

Leslie's $LESL Q2 earnings: - Revenue: $184.7M vs $162.2M est, beat - Adjusted EPS: -$5.36 vs -$4.51 est, miss - Adjusted EBITDA: -$26.8M vs -$32.4M est, beat - Net income: -$52.5M - EPS: -$5.63

Rumble $RUM secures 81.3% of Northern Data shares in initial acceptance period of tender offer. Northern Data management and supervisory boards unanimously recommend acceptance. Final offer of 2.0281 Rumble Class A shares per Northern Data share remains unchanged.

Microsoft $MSFT is shopping for AI startup acquisitions to prepare for a future independent of OpenAI, per Reuters. Microsoft weighed acquiring Cursor this spring but backed away over antitrust concerns tied to its GitHub Copilot ownership. SpaceX bought Cursor shortly after

Robinhood $HOOD April operating data: - Funded customers: 27.6M (+7% YoY) - Total platform assets: $345B (+12% MoM, +49% YoY) - Net deposits: $6.0B - Equity volumes: $249B (+57% YoY) - Options contracts: 225M (+34% YoY) - Crypto volumes: $11.9B (-33% MoM) - Margin book: $18.0B

Doximity $DOCS Q4 earnings: - Revenue: $145.4M vs $144.1M est, beat - Adjusted EBITDA: $65.8M vs $64.3M est, beat - Net income: $19.1M

STAAR Surgical $STAA Q1 earnings: - Gross profit: $68.9M - Gross margin: 73.6% - Operating income: $8.0M - Net income: $5.2M - EPS: $0.10

Fiserv $FI and Bridgeport Partners enter into agreement to form joint venture to accelerate growth across ATM and cash services businesses. Bridgeport Partners will assume operational control upon closing. Businesses to operate as part of Fiserv until deal closes.

VANCE ON IRAN: FOCUSED ON DIPLOMATIC PATHWAY FOR NOW

HAPAG-LLOYD HIT WITH $60M WEEKLY COSTS FROM HORMUZ DISRUPTION Shipping giant Hapag-Lloyd says the Strait of Hormuz disruption is costing the company up to $60 million per week. CEO Rolf Habben Jansen said higher fuel costs and rerouting cargo by truck and rail are driving the

VANCE ON IRAN TALKS: THINK WE ARE MAKING PROGRESS

SENATE CONFIRMS WARSH AS FED CHAIR IN 54--45 VOTE PENNSYLVANIA'S FETTERMAN ONLY DEMOCRAT TO SUPPORT WARSH NOMINATION WARSH TO BEGIN 4-YEAR FED CHAIR TERM AFTER POWELL DEPARTS FRIDAY

*KEVIN WARSH CONFIRMED AS FEDERAL RESERVE CHAIR IN SENATE VOTE

US ALLEGES CHINESE FIRMS SECRETLY PLANNED ARMS SALES TO IRAN U.S. officials say Chinese companies discussed covert arms sales to Iran, allegedly planning to route weapons through third countries to hide their origin. American intelligence agencies reportedly uncovered talks

CHINESE FIRMS PLOT SECRET ARMS SALES TO IRAN, U.S. OFFICIALS SAY

$MSTR - STRATEGY DELAYS RETAIL INVESTOR Q&A TO MAY 20 Strategy has rescheduled its live Q&A session with retail investors to May 20 at 5:00 PM ET. The event will feature Executive Chairman Michael Saylor and CEO Phong Le, moderated by author Natalie Brunell. The session will

$NVDA - SHORT SELLER TARGETS NVIDIA OVER ALLEGED CHINA EXPOSURE Culper Research disclosed a short position against Nvidia, alleging the company still derives significant revenue from China despite U.S. trade restrictions. The firm claims more than 20% of Nvidia’s FY2026

$NVDA - CULPER SAYS SHORT NVIDIA

SENATE NOW VOTING TO CONFIRM KEVIN WARSH AS FED CHAIR

INDIA GOLD DISCOUNTS HIT RECORD ABOVE $200/OUNCE AFTER DUTY-DRIVEN PRICE SURGE- BULLION DEALER

KASHKARI: FED CHAIR WILL HAVE TO PERSUADE OTHER POLICYMAKERS

KASHKARI: NOT SURPRISED BY HEADLINE INFLATION RISE, WHAT MATTERS IS HOW PERSISENT STRAIT CLOSURE IS

KASHKARI: EVEN IF HORMUZ STRAIT REOPENS, IT WILL BE MONTHS BEFORE SUPPLY CHAINS RETURN TO NORMAL

KASHKARI: A HUGE QUESTION MARK ABOUT HOW LONG HORMUZ STRAIT WILL BE CLOSED, THAT WILL HAVE A BIG EFFECT ON INFLATION