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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

FED'S KASHKARI: INFLATION TOO HIGH

$AAPL - APPLE EXPLORES WAYS TO WELCOME AI AGENTS IN THE APP STORE- THE INFORMATION

TRUMP WEIGHS 250 PARDONS FOR AMERICA’S 250TH BIRTHDAY The White House is reportedly considering a plan for President Trump to issue 250 pardons to mark the nation’s 250th anniversary celebrations this summer. The proposal remains under discussion, with possible announcements

US EMERGENCY OIL STOCKPILE SEES RECORD DRAWDOWN The U.S. Strategic Petroleum Reserve fell by 8.6 million barrels last week, the largest weekly drop on record, as the Trump administration responds to ongoing energy market stress. The drawdown surpasses the previous record set

WHITE HOUSE EXPLORES 250 PARDONS TO MARK AMERICA'S 250TH BIRTHDAY

TRUMP ADMINISTRATION SAYS FOREIGNERS WITH WORLD CUP TICKETS WON’T HAVE TO PAY PRICEY BONDS TO ENTER THE U.S. -AP REPORT

SAUDI, KUWAITI STRIKES HIT IRAN-BACKED MILITIAS IN IRAQ Saudi fighter jets reportedly struck Iran-linked militia targets in Iraq during the Iran war, while retaliatory rocket attacks were also launched from Kuwait into Iraq, according to multiple sources. The strikes targeted

SAUDI WARPLANES STRUCK IRAN-BACKED MILITIA SITES IN IRAQ DURING WAR, SOURCES SAY

DOJ PROBES SUSPECTED OIL MARKET TRADING DURING PRICE SWINGS The U.S. Department of Justice is investigating potentially suspicious trading linked to recent volatility in oil markets, according to sources familiar with the matter. The probe, first reported by ABC News, follows

SPOT SILVER RISES 3% TO $89.11/OZ

PayPal $PYPL partners with Anthropic to launch AI training for small businesses, including a free online course and a new Claude for Small Business plugin. The plugin connects Claude to PayPal, QuickBooks, HubSpot, and Canva, handling tasks like invoicing and refunds with

$META - META: LAUNCHING INSTANTS ON INSTAGRAM ,NEW WAY TO SHARE PHOTOS IN MOMENT WITH YOUR CLOSE FRIENDS OR MUTUAL FOLLOWERS

FED SURVEY: FINANCIAL WELLBEING STABLE BUT ECONOMIC WORRIES PERSIST A Federal Reserve survey shows Americans’ financial wellbeing was largely unchanged in 2025, with 73% saying they are “doing OK” or comfortable, and 63% able to cover a $400 emergency. However, sentiment varies

FED'S COLLINS SAYS SHE COULD ENVISION THE NEED FOR RATE HIKES

FED’S COLLINS: INFLATION RISKS KEEP POLICY RESTRICTIVE Boston Fed President Susan Collins said current policy is “well positioned,” but emphasized rates may need to stay restrictive for an extended period—and could even rise if inflation persists. She warned that inflation

COLLINS: RIGHT NOW FED POLICY 'WELL POSITIONED' TO DEAL WITH RISKS COLLINS: EXPECTS FED WILL NEED TO KEEP RESTRICTIVE POLICY 'FOR SOME TIME'

NASDAQ 100 EXTENDS GAINS TO 0.5%

US FORCES REDIRECTED 67 COMMERCIAL VESSELS: CENTCOM

WOLFE RESEARCH SEES NEAR-TERM PEAK IN TECH RALLY Semiconductors rebounded Wednesday after a prior drop, but Wolfe Research says the broader tech rally may be losing momentum. Chief strategist Chris Senyek warned that markets look “toppy” in the near term, with tech stocks due

TRUMP–XI SUMMIT DOWNSIZED AS EXPECTATIONS FALL The Trump–Xi meeting in Beijing is now expected to be a limited, low-impact summit focused on maintaining stability rather than major deals. Key topics include trade, Iran, and fentanyl, but analysts say the U.S. has little

LEDGER PAUSES US IPO PLANS AMID MARKET UNCERTAINTY Crypto security firm Ledger has paused its planned U.S. IPO due to unfavorable market conditions, according to a report. The company has not yet filed a confidential S-1 with the SEC, and may instead pursue private fundraising

$GME $EBAY - GAMESTOP CEO COHEN ESCALATES EBAY TAKEOVER BID GameStop CEO Ryan Cohen renewed his push to acquire eBay after his $56B offer was rejected by the company’s board. In an interview, Cohen criticized eBay’s structure, saying it is “literally obese” and “extremely

$LDOS - U.S. REACHES FRAMEWORK AGREEMENTS WITH COMPANIES TO EXPAND MILITARY STRIKE CAPABILITIES -STATEMENT

BRENT, US CRUDE FUTURES EXTEND GAINS AS EIA DATA SHOWS BIGGER-THAN-EXPECTED DROP IN CRUDE STOCKS

IRAN “FRIGHTENINGLY CLOSE” TO NUCLEAR WEAPON, US OFFICIAL WARNS Energy Secretary Chris Wright told lawmakers that Iran is “frighteningly close” to producing weapons-grade uranium. He said Iran could be “weeks away” from reaching weapons-grade enrichment, noting that while

🇺🇸TRUMP–XI BEIJING SCHEDULE (THURSDAY, MAY 14, 2026) 🔸6:00 AM — State Banquet with President of China (Great Hall of the People, Beijing) 🔸8:00 PM — Executive Time (Closed Press) 🔸8:55 PM — Out-of-Town Travel Pool Call Time 🔸11:30 PM — Greeting & Friendship Photo with

IMF WARNS $120 OIL COULD TRIGGER GLOBAL RECESSION IMF Managing Director Kristalina Georgieva warned that sustained oil prices of $120–$130 per barrel through 2027 could push the global economy into a technical recession. Speaking in Poznań, she said such levels would slow

$LDOS - PENTAGON EFFORT POSITIONS IT TO POTENTIALLY PROCURE OVER 10,000 LOW-COST, CONTAINERIZED MISSILES OVER THREE YEARS STARTING IN 2027 - STATEMENT

$MSFT - MICROSOFT'S LINKEDIN IS PREPARING TO ANNOUNCE LAYOFFS ON WEDNESDAY-SOURCES LINKEDIN CUTS AMOUNT TO ABOUT 5% OF ITS STAFF, SOURCE SAYS

IMF: THERE IS A RISK OF A RECESSION IF OIL PRICES REMAIN HIGH UNTIL 2027

LAVROV ACCUSED THE TRUMP ADMINISTRATION OF TRYING TO DOMINATE THE GLOBAL ENERGY MARKET LAVROV SAID THE US WANTS TO PUSH RUSSIAN ENERGY GIANTS LIKE LUKOIL AND ROSNEFT OUT OF GLOBAL MARKETS TO GAIN GREATER CONTROL OVER WORLD ENERGY SUPPLIES

TRUMP, XI TO WEIGH TARIFF CUTS ON $30B OF IMPORTS

$NVDA - NVIDIA SHARES RISE 2.6% TO HIT RECORD HIGH

$NVDA - *NVIDIA SHARES OPEN 2.3% HIGHER

$NVDA - TRUMP PERSONALLY INVITED NVIDIA CEO JENSEN HUANG TO CHINA TRIP Nvidia CEO Jensen Huang made a surprise appearance aboard Air Force One en route to Beijing after President Trump personally invited him to join the trip. Huang was not originally listed among the business

PUTIN: RUSSIA WILL CONTINUE TO DEVELOP MISSILE SYSTEMS CAPABLE OF OVERCOMING ALL CURRENT AND FUTURE MISSILE DEFENCE SYSTEMS - IFX

PUTIN: RUSSIA WILL CONTINUE TO MODERNISE AND DEVELOP ITS STRATEGIC NUCLEAR FORCES - TASS

TRUMP ARRIVES IN BEIJING

IRAN: HORMUZ CONTROL WILL DOUBLE OUR OIL REVENUES Iran Army Spokesperson: “Our people’s and armed forces’ resilience stopped the enemy from achieving any goals. Controlling the Strait of Hormuz will bring us economic revenues twice as high as oil income, while strengthening our

POLAND SCRAMBLES JETS DUE TO RUSSIAN AIR STRIKES ON UKRAINE, POLISH ARMY SAYS

IRAN’S MEHR NEWS AGENCY REPORTS THAT EASTERN TEHRAN EXPERIENCED NINE EARTHQUAKES OVERNIGHT

MORGAN STANLEY RAISES 2026 YEAR-END TARGET FOR S&P 500 INDEX TO 8,000 FROM 7,800

$TSLA - ELON MUSK ALSO ON BOARD AIR FORCE ONE TO BEIJING - WHITE HOUSE SPOKESPERSON

$NVDA - NVIDIA CEO JENSEN HUANG SEEN ON BOARD AIR FORCE ONE TO BEIJING

Another earthquake hits Tehran

EARTHQUAKE OF MAGNITUDE 4.6 STRIKES TEHRAN -IRANIAN MEDIA

Dutch Bros $BROS to acquire Phoenix East Valley franchise, expanding company-operated presence in Arizona. Deal includes 29 shops, closing in Q3 2026. Franchise owner Jim Thompson is retiring. 2026 guidance from May 6 does not reflect this pending acquisition.

AudioEye $AEYE Q1: - Gross profit: $8.3M Q2 guidance: - Revenue: $10.65M-$10.75M - Adjusted EPS: $0.21-$0.22

Oklo $OKLO Q1 earnings: - Net loss: $33.1M - Loss from operations: $51.2M - Cash used in operations: $17.9M YTD - Cash & marketable securities: $2.5B (+$1.2B from Q1 ATM offering) Broke ground on first Aurora powerhouse at INL. Targeting July 4, 2026 criticality at Groves

IRAN'S FOREIGN MINISTRY REJECTS KUWAIT'S STATEMENTS THAT TEHRAN WAS PLANNING 'HOSTILE ACTIONS' AGAINST THE GULF COUNTRY - STATEMENT

*COURT HALTS ORDER DECLARING NEW TRUMP TARIFFS UNLAWFUL FOR NOW

TRUMP: IRAN WILL EITHER DO THE RIGHT THING OR WE WILL FINISH THE JOB

TRUMP: WILL DO A LOT OF BUSINESS WITH CHINA

TRUMP: RUSSIA-UKRAINE WAR IS GOING TO END VERY SOON

TRUMP: OUR INFLATION IS SHORT TERM

NASDAQ 100 EXTENDS LOSSES, LAST DOWN 2.1%

FDA COMMISSIONER MAKARY EXPECTED TO RESIGN TUESDAY - SOURCES

SENATE CONFIRMS KEVIN WARSH TO FEDERAL RESERVE BOARD IN 51-45 VOTE

*SENATE IS ON TRACK TO CONFIRM KEVIN WARSH TO FED BOARD

DESRI and Meta $META announce 850 MW of new PPAs, bringing partnership total to 2.5+ GW across nine states.

EIA: OIL MARKET TO NORMALIZE BY 2027 DESPITE HORMUZ RISKS The U.S. Energy Information Administration expects global oil output and trade flows to return to pre-conflict levels by late 2026 or early 2027, even if disruptions in the Strait of Hormuz persist. It estimates

Google $GOOGL in talks with SpaceX for rocket launch deal to put data centers in orbit, per WSJ. Orbital data centers are central to SpaceX's pitch ahead of a summer IPO expected to be the largest of all time. Google also talking to other rocket-launch firms. Working with

$GOOGL $TSLA - *Google, SpaceX in Talks to Launch Data Centers in Orbit, Sources Say *A Google, SpaceX Deal Would Offer a Boost to SpaceX Ahead of Potential IPO *Google Is in Discussions With Other Rocket-Launch Companies as Well, Source Says

$GOOGL - SPACEX, GOOGLE IN TALKS TO EXPLORE DATA CENTERS IN ORBIT: WSJ HITACHI, X LABS TO COLLABORATE ON ENERGY PARKS

*Growth or Inflation Scare Needed to Shift 10-Year Treasury Yield Out of 4.0%-4.5% Range, Aptus Capital Advisors Says *Energy Independence Helps Protect U.S. Against Stagflation, Aptus Capital Advisors Says *Higher Oil Prices Are a Net Benefit to U.S. Economy, Aptus Capital

US ENERGY DEPT CONSIDERING PLAN TO FINANCE BILLIONS OF DOLLARS IN LONG LEAD TIME PARTS OF NUCLEAR REACTORS, NEI HEAD SAYS

NASDAQ 100 EXTENDS DROP TO 1.5%

Boeing $BA April: - Deliveries: 47 across all programs - Gross orders: 136 (1 cancellation) - YTD net orders: 284 - Backlog: 6,216 vs 6,127 in March

MAMDANI SCRAPS PLANNED NYC PROPERTY TAX HIKE IN REVISED BUDGET

*COPPER HITS $14,000 A TON ON LME, NEARING ALL-TIME HIGH

NASDAQ 100 EXTENDS DECLINE TO 1%

MAERSK: WE'RE STILL AVOIDING TRANSIT THROUGH THE STRAIT OF HORMUZ

NVIDIA SHARES HIT RECORD HIGH, LAST UP 1.8% $NVDA

TRUMP: SHIPS ARE COMING TO TEXAS, LOUISIANA TO LOAD UP WITH OIL

TRUMP: HAVE TO DO TARIFFS A DIFFERENT WAY, LESS EFFICIENT TRUMP ON TARIFFS: GET TO CHARGE MORE

JPMORGAN CEO JAMIE DIMON SAYS 'TOO MUCH' EXUBERANCE IN MARKET

TRUMP: THINK THE MEETING WITH XI IS GOING TO BE GOOD

PUTIN: RANGE OF THE "SARMAT" COULD EXCEED 35,000 KM

TRUMP ON IRAN: WE'RE NOT GOING TO RUSH ANYTHING

TRUMP REITERATES IRAN CAN'T HAVE NUCLEAR WEAPON

TRUMP: KEN GRIFFIN IS AN 'AMAZING BUSINESSMAN'

RUSSIA SUCCESSFULLY TESTS "SARMAT" MISSILE

TRUMP: CHINA'S STRONG, BUT WE'RE STRONGER THAN CHINA MILITARILY

TRUMP: 100% WE GET IRAN'S NUCLEAR DUST

TRUMP SAYS IRAN WILL “100%” STOP URANIUM ENRICHMENT President Trump said he is fully confident Iran will abandon uranium enrichment and any path toward a nuclear weapon, despite stalled talks with Tehran. Speaking in a radio interview, he claimed U.S. pressure and a blockade

GOOLSBEE: WE HAVE AN INFLATION PROBLEM IN THIS COUNTRY

TRUMP SAYS IRAN “JUST A MATTER OF TIME” AS PRESSURE MOUNTS President Trump said the U.S. expects Iran’s economy to collapse under pressure from a blockade of its ports, arguing the conflict will resolve without urgency. Speaking on radio, he said Iran is being cut off from

GOOLSBEE: WORST PART OF APRIL CPI IS SERVICES INFLATION

FED'S GOOLSBEE SAYS APRIL CPI REPORT WORSE THAN EXPECTED

PENTAGON OFFICIAL SAYS IRAN WAR COST AT $29 BILLION

FRENCH HEALTH MINISTER THERE ARE STILL THINGS WE DO NOT KNOW ABOUT THE HANTAVIRUS, WE DO NOT KNOW IF IT HAS MUTATED

Tesla $TSLA to invest an additional $250M for annual production of 18 GWh of battery cells at its Grünheide, Germany plant. Plant will require over 1,500 employees.

$TSLA - TESLA: TO INVEST EXTRA 250 MLN USD FOR ANNUAL PRODUCTION OF 18 GWH OF BATTERY CELLS IN GRUENHEIDE, GERMANY

CME Group $CME and Silicon Data partner to launch first compute futures.

Klarna $KLAR flexible payments coming to Google $GOOGL Search and Gemini app via Google Pay in the US.

Apartments. com and CoStar $CSGP release multifamily construction activity update for Q1 2026.

UAE GAS MEGA PLANT SLASHED BY IRAN STRIKES, FULL RECOVERY NOT EXPECTED UNTIL 2027 A major UAE gas facility will not return to full capacity until 2027 after Iranian strikes damaged production, according to operator ADNOC Gas. The Habshan plant in Abu Dhabi—one of the world’s

Fluence Energy $FLNC announces secondary offering of 20M Class A common shares by existing controlling stockholders.

USA Today $TDAY believes Google interfered with billions in revenue and anticipates substantial damages, per SEC filing. Company clarifies no public disclosure or quantification of damage estimates has been made.

Clearmind Medicine $CMND reaches clinical milestone: 20 participants treated in Phase I/IIa trial of CMND-100 for alcohol use disorder.

🚨 HEGSETH: 'WE HAVE A PLAN TO ESCALATE' IN IRAN, IF NECESSARY

US APR CPI ENERGY PRICES +3.8%; FOOD PRICES +0.5%

*US APRIL CONSUMER PRICES RISE 0.6% M/M; EST. +0.6% *US APRIL CONSUMER PRICES RISE 3.8% Y/Y; EST. +3.7% *US APRIL CORE CPI RISES 0.4% M/M; EST. +0.3% *US APRIL CORE CPI RISES 2.8% Y/Y; EST. +2.7%

U.S. APR CPI +0.6% (CONSENSUS +0.6%) , EXFOOD/ENERGY +0.4% (CONSENSUS +0.3%) U.S. APR CPI YEAR-OVER-YEAR +3.8% (CONSENSUS +3.7%) , EXFOOD/ENERGY +2.8% (CONSENSUS +2.7%)

NASDAQ 100 FUTURES EXTEND LOSSES TO FALL 1%

POTENTIAL PAUSE ON U.S. GAS TAX REFLECTS DOUBTS OVER SWIFT END TO IRAN WAR The U.S. government's potential suspension of the gasoline tax to address a surge in fuel prices suggests officials don't foresee a swift deal with Iran to end the war, Barbara Lambrecht from Commerzbank

TRUMP: WE ARE GOING TO TALK TO CUBA

🚨 TRUMP: CUBA IS ASKING FOR HELP, AND WE ARE GOING TO TALK

$NVDA: WELLS FARGO RAISES TARGET PRICE TO $315 FROM $265

AUSTRALIA WARNS IRAN CONFLICT COULD SEND OIL TO $200 Australia’s government warned that a worsening Iran conflict could drive oil prices to $200 a barrel and trigger a global economic shock. In its annual budget, the Treasury said prolonged fighting or damage to Middle East

PREMIUMS FOR RUSSIAN URALS OIL FALL TO $2-4/BL VS BRENT FOR JUNE DELIVERY CARGOES IN INDIAN PORTS ON WEAK REFINING MARGINS, SOURCES SAY

IRAN USES CHINA TO PRESS U.S. BEFORE TRUMP-XI TALKS Ahead of President Trump’s visit to Beijing, Iran signaled it is relying on China to relay its message to Washington. Iran’s ambassador to China called for a permanent ceasefire, an end to sanctions and recognition of Iran’s

PAKISTAN HOSTED IRANIAN AIRCRAFT AMID U.S. TENSIONS Pakistan quietly allowed Iranian aircraft to park at its airbases while publicly acting as a mediator between Tehran and Washington, according to U.S. officials. Iran also reportedly moved civilian planes into Afghanistan as

FED CHAIR NOMINEE WARSH CLEARS KEY PROCEDURAL HURDLE ON PATH TO SENATE CONFIRMATION VOTE

Navitas Semiconductor $NVTS terminates open market sale agreement with Jefferies, per SEC filing.

S&P Dow Jones: Alignment Healthcare $ALHC will replace Sun Country Airlines $SNCY in the S&P SmallCap 600.

IRAN'S PARLIAMENT SPEAKER ON X: THERE IS NO ALTERNATIVE BUT TO ACCEPT THE RIGHTS OF THE IRANIAN PEOPLE AS LAID OUT IN THE 14-POINT PROPOSAL

Blink Charging $BLNK Q1 earnings: - Revenue: $20.8M - Adjusted EPS: -$0.06 vs -$0.10 est, beat - Net loss: -$11.6M - Adjusted EBITDA: -$5.1M - Gross profit: $6.6M

UAE’S COVERT STRIKES ON IRAN The UAE secretly launched military strikes on Iran during the recent conflict, including an April attack on an oil refinery on Lavan Island that caused a major fire and months-long disruption, according to sources. Iran later retaliated with missile

TRUMP: WE NEED MORE TARIFFS

GitLab $GTLB announces reduction in force to "realign operating structure." Plans to reinvest majority of savings into strategic growth initiatives. Reaffirms FY2027 guidance. Expects Q1 results in line with prior guidance.

GoPro $GPRO board announces review of strategic alternatives including possible sale or merger. Has received "several unsolicited strategic inquiries" since April 13.

ZoomInfo $ZI Q1 earnings: - Revenue: $310.2M vs $307.9M est, beat - Adjusted EPS: $0.28 vs $0.26 est, beat Q2 guidance: revenue $300-$303M. FY outlook: revenue $1.19-$1.21B, adjusted EPS $1.10-$1.12.

Getty Images $GETY Q1 earnings: - Revenue: $226.6M - Adjusted EBITDA: $61.6M (27.2% margin) - Net loss: -$4.4M

Hims & Hers $HIMS Q1 earnings: - Revenue: $608M vs $617M est, miss - EPS: -$0.40 - Net loss: -$92.1M Q2 guidance: revenue $680-$700M, adjusted EBITDA $35-$55M. FY outlook: revenue $2.80-$3.00B vs $2.75B est, adjusted EBITDA $275-$350M vs $323M est. Revenue miss but raised the

iHeartMedia $IHRT Q1 earnings: - Revenue: $884M vs $872M est, beat - Adjusted EBITDA: $93M vs $103M est, miss - Operating income: $1.5M - Free cash flow: -$114M Q2 guidance: adjusted EBITDA $140-$160M vs $176M est, below.

BRENT CRUDE FUTURES SETTLE AT $104.21/BBL, UP $2.92, 2.88 PCT

U.S. CRUDE OIL FUTURES SETTLE AT $98.07/BBL, UP $2.65, 2.78 PCT

US PUBLIC BACKING WEAKENS ON IRAN WAR AS GAS PAIN GROWS, TRUMP APPROVAL EDGES UP A Reuters/Ipsos poll finds 66% of Americans say Donald Trump has not clearly explained U.S. war goals in Iran. 63% say rising gas prices are hurting household finances, up from 55% in March.

Apple $AAPL launches end-to-end encrypted RCS messaging in beta, rolling out today for iOS 26.5 users.

$AAPL - APPLE INC: END-TO-END ENCRYPTED RCS MESSAGING BEGINS ROLLING OUT TODAY IN BETA

STRAIT CLOSURE SHOCK LIMITED: GOLDMAN SEES ONLY MODERATE GLOBAL DAMAGE Goldman Sachs says the 10-week Strait of Hormuz closure has caused only moderate global economic disruption so far. Chief economist Jan Hatzius cites three key reasons: oil prices didn’t spike as feared due

BURRY: CUT TECH EXPOSURE AMID BUBBLE FEARS Michael Burry warns markets are showing bubble-like signs driven by AI hype and momentum trading, urging investors to reduce tech stock exposure and “reject greed.” He advises raising cash and avoiding aggressive bets like shorting,

$NFLX - NETFLIX SUED BY TEXAS FOR ALLEGEDLY SPYING ON CONSUMERS, COLLECTING THEIR DATA WITHOUT CONSENT

IRAN DENIES AGREEMENT ON REMOVAL OF ENRICHED URANIUM A source close to Iran’s negotiating team says Western media claims are false, insisting the draft text does not include any acceptance of removing enriched nuclear material from the country. The report, cited by Iranian

General Motors $GM cutting 500-600 salaried IT workers in a push to trim costs, per Bloomberg. Management began notifying affected employees Monday. GM says it's working to "transform its information technology department to better position the company for the future."

$GM - GM TO CUT HUNDREDS OF WHITE COLLAR WORKERS IN PUSH TO TRIM COSTS

TRUMP APPROVES PLAN TO FIRE FDA COMMISSIONER MAKARY -CBS

TRUMP: WE WAITED 4 DAYS FOR A DOCUMENT FROM IRAN THAT WOULD TAKE LESS THAN 10 MINUTES TO PREPARE

TRUMP: SOME WILL KEEP BUYING US OIL EVEN AFTER HORMUZ OPENS

TRUMP: DIPLOMATIC SOLUTION WITH IRAN STILL POSSIBLE

SPOT SILVER RISES 7% TO $85.94/OZ

TRUMP: "AS SOON AS THIS IS OVER WITH IRAN, GASOLINE AND OIL WILL DROP LIKE A ROCK"

TRUMP: WILL REDUCE FEDERAL GAS TAX

TRUMP: SEEMS LIKE HANTAVIRUS IS NOT EASY TO SPREAD

TRUMP: I DO NOT REGRET WITHDRAWING FROM WHO, INFACT I AM GLAD

TRUMP: I RESPECT XI A LOT, HOPEFULLY HE RESPECTS ME

TRUMP: I HAVE A GREAT RELATIONSHIP WITH CHINA'S XI

TRUMP ADMINISTRATION TO TEMPORARILY REDUCE TARIFFS ON BEEF IMPORTS, SOURCES SAY TRUMP ADMINISTRATION TO ALLOW MORE FOREIGN-PRODUCED BEEF AT LOWER TARIFF RATES, SOURCES SAY TRUMP MOVE ON BEEF TO AFFECT ALL BEEF-EXPORTING NATIONS, SOURCES SAY TRUMP ADMINISTRATION TO EASE WOLF

TRUMP ADMINISTRATION TO TEMPORARILY REDUCE TARIFFS ON BEEF IMPORTS, SOURCES SAY

TRUMP: REPUBLICANS SHOULD WALK AWAY WITH MIDTERMS

TRUMP: I AM VERY DISAPPOINTED IN THE KURDS

TRUMP COMPLAINS THAT IRAN AGREES WITH U.S., THEN REVERSES ITSELF

TRUMP: IRANIANS SAID U.S. CAN HAVE NUCLEAR MATERIAL BUT WOULD HAVE TO TAKE IT OUT

BRENT TO STAY ABOVE $100 INTO 2026 AS SUPPLY BOTTLENECKS PERSIST JPMorgan expects Brent crude to hold in the low-$100s through much of 2026, even if the Strait of Hormuz reopens in June, citing tight inventories and logistical constraints. The bank says rapid stock draws and

IRAN SAYS NUCLEAR TECHNOLOGY NOT ON AGENDA OF US TALKS: IRIB

IRAN SAYS ENRICHMENT IS NON-NEGOTIABLE: IRIB

IRAN–US TALKS ON HOLD PENDING TRUMP–XI MEETING Progress in Iran–US negotiations is unlikely before President Donald Trump’s meeting with Chinese President Xi Jinping this week, a regional source said. The source said any movement will depend on the outcome of Trump’s Beijing

GOLD SEEN AT $5,000 AS ING FLAGS POLICY DRIVERS AND IRAN RISK Gold could reach $5,000 by year-end despite volatility tied to U.S.-Iran peace prospects, according to ING analysts. They say short-term moves remain driven by macro factors like real yields, the dollar, and Federal

OPEC OUTPUT HITS 20-YEAR LOW AS HORMUZ CRISIS CHOKES EXPORTS OPEC oil production fell 830,000 barrels a day in April to 20.04 million bpd, the lowest level in more than two decades, as the Iran conflict and Strait of Hormuz disruption slashed exports. Kuwait posted the biggest

TRUMP SAYS IRAN IS OUT OF WEAPONS, LEADERSHIP, NAVY, ARMY TRUMP SAYS WE WIPED OUT IRAN NAVY

MUSK, COOK SET TO JOIN TRUMP FOR XI SUMMIT, WHITE HOUSE SAYS

TRUMP SAYS WE WILL HIT IRAN THEY HAVE NOT SEEN BEFORE IF DEAL IS NOT REACHED

TRUMP SAYS IRAN WAR WILL BE OVER SOON

TRUMP SAYS WE HAVE MASSIVE OIL

TRUMP: WE WILL CONTINUE TO PRESSURE IRAN UNTIL AN AGREEMENT IS REACHED

CEOS SEE INFLATION SURGING ON IRAN OIL SHOCK Business leaders expect inflation to accelerate as the Iran war drives up energy costs, according to a Cleveland Fed survey. CEOs now forecast inflation at 3.7% over the next year, up from 3.1% in the first quarter and the highest

TRUMP SAYS HE WANTS TO PAUSE 18 CENT FEDERAL GAS TAX FOR A PERIOD OF TIME -CBS

MODI URGES SACRIFICE AS GULF WAR HITS INDIA Prime Minister Narendra Modi urged Indians to cut spending and conserve energy as the Middle East war strains fuel and fertilizer supplies. Speaking after his party’s election wins, Modi asked citizens to use public transport, carpool

TRUMP SAYS HE WANTS TO PAUSE FEDERAL GASOLINE TAX: CBS TRUMP TO CBS: WILL TAKE OFF GASOLINE TAX FOR PERIOD OF TIME

TRUMP SAYS HE WANTS TO PAUSE FEDERAL GASOLINE TAX

*TRUMP TO FOX: IRAN HARDLINE LEADERS ARE GOING TO FOLD

TRUMP FRUSTRATED BY IRAN PUSH FOR WAR DAMAGES Two regional diplomats say Iran’s demand for war damages is frustrating Trump. They said Trump opposes the term “reparations” in any proposal because it could imply the U.S. accepted defeat. The diplomats, who spoke anonymously due

Nvidia $NVDA CEO Jensen Huang was not invited and is not going to Beijing during the Trump-Xi trip, per sources.

$NVDA - NVIDIA CEO JENSEN HUANG WAS NOT INVITED AND IS NOT GOING TO BEIJING DURING TRUMP-XI TRIP -- SOURCE FAMILIAR

TRUMP: IRAN SAYS US MUST REMOVE ‘NUCLEAR DUST’ FROM DESTROYED SITES Donald Trump said Iranian negotiators told him the US would need to retrieve radioactive material — which he called “nuclear dust” — from Iran’s destroyed nuclear facilities because Tehran lacks the technology

TRUMP TO FOX: CONSIDERING RENEWING PROJECT FREEDOM

Wolfpack Research announces short position in York Space Systems $YSS.

HHS OFFICIAL SAYS RISK OF HANTAVIRUS REMAINS VERY VERY LOW

🚨 IRAN DEMANDS CONTROL OF HORMUZ IN WAR TALKS WITH US Iran has demanded sovereignty over the Strait of Hormuz in its latest proposal to the US aimed at ending the war, according to state media. The key oil shipping route has been effectively blocked since fighting with the US

EMERGING MARKETS REBOUND WITH $58B APRIL INFLOW AFTER WAR-DRIVEN SELLOFF Emerging markets saw $58.3 billion in portfolio inflows in April after the Iran war triggered a massive $66.2 billion outflow in March, according to IIF data. The recovery was driven mainly by debt

*US APRIL EXISTING HOME SALES AT 4.02M; EST. 4.05M *US APRIL EXISTING HOME SALES RISE 0.2% M/M; EST. 2.8%

HORMUZ CLOSURE COULD REMOVE 100M BARRELS WEEKLY, SAYS ARAMCO CEO Saudi Aramco CEO Amin Nasser warned that a continued closure of the Strait of Hormuz could cut global oil supply by about 100 million barrels per week. He said the market has already lost around 1 billion barrels

🇺🇸 PRESIDENT’S MONDAY SCHEDULE Monday, May 11, 2026 is packed with policy work, ceremonies, and meetings: 🔸8:00 AM — Executive Time 🔸10:30 AM — Maternal Healthcare Event (Oval Office) 🔸1:30 PM — Policy Meeting (Closed Press) 🔸3:00 PM — Signing Executive Orders 🔸4:00 PM —

$DIS - *FCC COMMISSIONER TELLS DISNEY IT'S SEEKING TO CENSOR IT: WSJ

ED YARDENI SEES S&P 500 RISING TO MORE THAN 8,000

$TSLA - TESLA INVESTORS GET OPTIMUS FOR FREE Piper Sandler says Tesla stock already reflects the value of its core business, meaning investors are effectively getting Optimus for free. Analyst Alexander Potter values Tesla at about $400 per share without Optimus and kept a $500

*S&P 500 OPENS DOWN 0.1%, NASDAQ DECLINES 0.4%

SUSPECT IN TRUMP ATTEMPTED ASSASSINATION PLEADS NOT GUILTY TO ALL CHARGES

HSBC RAISES ITS S&P 500 YEAR-END 2026 TARGET FROM 7,500 TO 7,650 POINTS

Apollo $APO holding talks to sell MidCap Financial Investment Corp $MFIC, its publicly listed BDC valued at roughly $3B, per WSJ. Talks are ongoing with no guarantee of a deal. MFIC reported a $61M loss last week.

*TRUMP: I DON’T LIKE RESPONSE FROM IRAN, “TOTALLY UNACCEPTABLE”

TRUMP: I HAVE JUST READ THE RESPONSE FROM IRAN’S SO-CALLED “REPRESENTATIVES.” I DON’T LIKE IT — TOTALLY UNACCEPTABLE

IRAN'S PROPOSAL DEMANDS THE NEED TO RESCIND U.S. OFAC SANCTIONS RELATED TO IRANIAN OIL SALES DURING A 30-DAY PERIOD - TASNIM, CITING INFORMED SOURCE

IRAN'S PROPOSAL STRESSES THE NEED FOR AN END TO THE WAR ON ALL FRONTS - TASNIM, CITING INFORMED SOURCE

Trump Media & Technology $DJT Q1 results: - Net loss: -$405.9M - Adjusted EBITDA loss: -$387.8M - Total assets: $2.2B, financial assets over $2B Truth Social and Truth+ enhancements continue as TMTG moves toward prospective merger with TAE Technologies.

BREAKING: Apple $AAPL and Intel $INTC have reached a preliminary agreement for Intel to manufacture chips for Apple devices, per WSJ. Trump administration pushed for the deal. Commerce Secretary Lutnick met repeatedly with Tim Cook over the past year. Trump personally advocated

Moderna $MRNA is working on early-stage hantavirus vaccines.

Amazon $AMZN Prime Video launches short-form video feed "Clips."

BRENT CRUDE FUTURES CLIMB $2/BBL ON FUTURE OF US-IRAN CEASEFIRE

Trump on Truth Social: Directed Administration to Identify, Provide Government 'Files Related to Alien and Extraterrestrial Life, Unidentified Aerial Phenomena, and Unidentified Flying Objects'

Trump on Truth Social: 'Department of War Has Released the First Tranche of the UFO/UAP Files to the Public'

IRAN SAYS PREPARING PLAN FOR 'LEGAL REGIME' OF STRAIT: TASNIM

FED'S GOOLSBEE: TRYING TO FIGURE OUT IF ENERGY SHOCK WILL LAST

KALSHI AND MADISON SQUARE GARDEN ANNOUNCE MULTI-YEAR PARTNERSHIP, NAMING KALSHI AN OFFICIAL PREDICTION MARKET PARTNER OF THE GARDEN

FED'S GOOLSBEE: INFLATION RISE IS NOT JUST ENERGY, WAS ELEVATED BEFORE WAR

FED'S GOOLSBEE: INFLATION HAS NOT BEEN GREAT AND IS GOING THE WRONG WAY

US VICE PRESIDENT VANCE IS MEETING WITH PRIME MINISTER OF QATAR TO DISCUSS NEGOTIATIONS WITH IRAN-AXIOS REPORTER

S&P 500 RALLY LIMITED WITHOUT HORMUZ REOPENING: BARCLAYS Barclays says global equities are hitting record highs on hopes of a U.S.–Iran deal, but warns the rally lacks breadth and depends on key risks easing. • Semiconductor stocks are seen as “stretched,” limiting upside •

IRAN CONDEMNS U.S. STRIKES NEAR STRAIT OF HORMUZ Iran’s Foreign Ministry says U.S. forces attacked two Iranian oil tankers near Bandar Jask and the Strait of Hormuz, along with strikes on nearby coastal areas on May 7–8, calling it a violation of the ceasefire. Tehran claims

IRAN'S NOUR: CLASHES ONGOING BETWEEN IRAN, US SHIPS NEAR HORMUZ

🚨 IRAN'S FARS NEWS REPORTS SPORADIC CLASHES BETWEEN IRANIAN ARMED FORCES AND U.S. VESSELS IN THE STRAIT OF HORMUZ SINCE ABOUT AN HOUR AGO

U.S. MILITARY: U.S. FORCES DISABLED 2 VESSELS ON MAY 8, PRIOR TO THEM ENTERING AN IRANIAN PORT ON THE GULF OF OMAN

U.S. MILITARY: U.S. DISABLES 2 MORE VESSELS VIOLATING BLOCKADE IN GULF OF OMAN

US CONSUMER SENTIMENT WEAKENS AS INFLATION EXPECTATIONS EASE US consumer sentiment fell to 48.2 in May, below expectations of 49.5 and down from 49.8 in April, according to the University of Michigan survey. The current conditions index dropped sharply to 47.8 from 52.5, while

$NVDA - NVIDIA SHARES HIT RECORD HIGH, LAST UP 2.7%

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

IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS TEHRAN STILL WEIGHING ITS ANSWER TO US PROPOSALS - TASNIM NEWS AGENCY

*IRAN SAYS US PROPOSAL TO END WAR IS UNDER REVIEW: TASNIM

“WE NEED TO TEACH YANKEES A LESSON;” IRAN WARNS Iran’s Revolutionary Guard navy warned vessels to keep at least 10 miles away from US warships in the Strait of Hormuz, saying it may need to teach the “Yankees” a lesson with missiles and drones. The warning followed overnight

HASSETT: THINK WE'LL SEE RATE CUTS THIS YEAR BECAUSE OF WARSH

HASSETT: 'RIP-ROARING' JOBS MARKET

*BLAST HEARD NEAR STRAIT OF HORMUZ: LOCAL MEDIA

EXPLOSION HEARD IN IRAN'S SIRIK , NEAR STRAIT OF HORMUZ, REASONS UNKNOWN - MEHR

*US HIT SEVERAL TANKERS TRYING TO BREAK THE BLOCKADE: FOX *US ARRIED OUT MORE AIRSTRIKES ON EMPTY TANKERS TODAY: FOX

U.S. MILITARY CARRIED OUT MORE AIRSTRIKES FRIDAY HITTING SEVERAL EMPTY TANKERS TRYING TO BREAK THE BLOCKADE -FOX NEWS REPORTER ON X

EXPLOSION HEARD IN IRAN'S SIRIK , NEAR STRAIT OF HORMUZ, REASONS UNKNOWN

NASDAQ 100 FUTURES EXTEND GAIN TO 1%

SPOT GOLD RISES 1% TO $4,729.59/OZ

RUSSIA SAYS IT IS MONITORING RADIATION SITUATION AFTER FIRES NEAR CHORNOBYL NUCLEAR POWER PLANT - RIA

US JOBS BEAT EXPECTATIONS AS UNEMPLOYMENT HOLDS AT 4.3% US nonfarm payrolls rose by 115,000 in April, beating expectations for 55,000, while the unemployment rate held steady at 4.3%. Private payrolls increased by 123,000, offsetting an 8,000 decline in government jobs. Average

US APRIL NONFARM PAYROLLS RISE 115,000 M/M; EST. +65K US APRIL UNEMPLOYMENT RATE 4.3%; EST. 4.3% US APRIL TWO-MONTH PAYROLL NET REVISION SUBTRACTS 16,000

U.S. APRIL NONFARM PAYROLLS +115,000 (CONSENSUS +62,000)

RUBIO ON IRAN: THURSDAY STRIKES WERE SEPARATE FROM OPERATION EPIC FURY RUBIO ON IRAN: IF MISSILES ARE FIRED AT U.S., WE'RE GOING TO RESPOND

TEN CREW INJURED, FIVE MISSING AFTER IRANIAN COMMERCIAL SHIP ATTACKED BY U.S. NAVY LATE ON THURSDAY NEAR STRAIT OF HORMUZ - LOCAL GOVERNOR TELLS MEHR NEWS AGENCY

RUBIO ON IRAN: I HOPE IT'S A SERIOUS OFFER

RUBIO ON IRAN: HAVE NOT RECEIVED RESPONSE YET

RUBIO ON IRAN: WE SHOULD GET IRAN RESPONSE TODAY

US: OVER 70 TANKERS US MILITARY BLOCKING FROM IRANIAN PORTS

DEEPSEEK AIMING TO RAISE UP TO 50B YUAN: THE INFORMATION DEEPSEEK AIMS TO RELEASE UPDATE TO V4 MODEL IN JUNE:INFORMATION

🇺🇸 TRUMP’S FRIDAY SCHEDULE: ROSE GARDEN REMARKS, POLICY MEETING President Trump’s Friday schedule includes Executive Time in the morning, public remarks from the Rose Garden at noon, and a policy meeting later in the evening. • 8:00 AM — Executive Time • 12:00 PM — Remarks in

IRAN SEIZES SANCTIONED CHINESE OIL TANKER Iran’s navy seized the Chinese-owned tanker Ocean Koi in the Sea of Oman, saying it was carrying Iranian oil and disrupting the country’s exports. Iranian state media showed footage of the operation. The vessel and its Shanghai-based

UAE SAYS 2 BALLISTIC MISSILES, 3 DRONES TARGETED COUNTRY FRIDAY

IRAN: THE US IS UNABLE TO UNDERSTAND THE SITUATION AND FIND AN EXIT

IRAN'S FOREIGN MINISTER ARAQCHI: OUR MISSILE INVENTORY AND LAUNCHER CAPACITY ARE NOT AT 75% COMPARED TO FEB 28, THE CORRECT FIGURE IS 120%

FED'S MIRAN: I THINK IT'S APPROPRIATE TO CUT INTEREST RATES - FOX BUSINESS

IRAN'S FOREIGN MINISTRY CONDEMNS MOVES BY U.S. NAVY AGAINST TWO IRANIAN TANKERS AS AGGRESSIVE ACTS AND VIOLATIONS OF TRUCE

IRAN: MISSILE AND LAUNCHER CAPACITY IS HIGHER THAN PRE-WAR

IRAN'S FOREIGN MINISTER ARAQCHI: IRANIANS NEVER BOW TO PRESSURE

IRAN'S FOREIGN MINISTER ARAQCHI: EVERY TIME A DIPLOMATIC SOLUTION IS ON THE TABLE, THE U.S. OPTS FOR A RECKLESS MILITARY ADVENTURE

IRAN LAUNCHED MISSILES, DRONES AND SMALL BOATS AS U.S. DESTROYERS TRUXTUN, PERALTA AND MASON TRANSITED THE STRAIT

U.S. MILITARY SAYS IRAN LAUNCHED "UNPROVOKED" ATTACKS AS U.S. NAVY DESTROYERS TRANSITED STRAIT OF HORMUZ

U.S. MILITARY: NO U.S. ASSETS WERE STRUCK

U.S. MILITARY: U.S. FORCES INTERCEPTED IRANIAN ATTACKS AND RESPONDED WITH SELF-DEFENSE STRIKES AS U.S. NAVY GUIDED-MISSILE DESTROYERS TRANSITED THE STRAIT OF HORMUZ TO THE GULF OF OMAN, MAY 7

*IRAN SAYS US, SOME REGIONAL NATIONS HIT TARGETS IN HORMUZ AREA

IRAN'S TOP JOINT MILITARY COMMAND: U.S. CARRIED OUT AIR ATTACKS ON CIVILIAN AREAS WITH COOPERATION OF SOME REGIONAL COUNTRIES - PRESS TV

IRAN CLAIMS U.S. BROKE CEASEFIRE, VOWS RETALIATION “Reports in Iran say a spokesperson for the Khatam al-Anbiya Central Headquarters accused U.S. forces of violating the ceasefire by attacking Iranian oil tankers near the Strait of Hormuz and launching airstrikes on civilian

IRAN'S TOP JOINT MILITARY COMMAND: U.S. VIOLATED CEASEFIRE BY TARGETING IRANIAN OIL TANKER AND ANOTHER SHIP ENTERING HORMUZ STRAIT

US TRADE COURT RULES AGAINST TRUMP'S 10% GLOBAL TARIFF

IRAN CLAIMS IT FIRED MISSILES AT THREE US DESTORYERS: TASNIM

IRAN'S TASNIM: THREE U.S. DESTROYERS NEAR STRAIT OF HORMUZ TARGETED BY IRANIAN NAVY

IRAN'S MEHR NEWS AGENCY: EXPLOSION HEARD AGAIN IN BANDAR ABBAS CITY

IRAN'S MEHR: EXPLOSION SOUND IN MINAB IN SOUTHERN IRAN

Upwork $UPWK Q1 earnings: - Revenue: $195.5M vs $195.9M est, in line - Adjusted EBITDA: $57.4M vs $46.5M est, beat - Net income: $31.5M Announces restructuring plan with 24% workforce reduction, expected to be substantially complete by Q4. Estimates $16-$23M in pre-tax

FOX NEWS REPORTER: SENIOR US OFFICIAL SAYS NOT END TO THE CEASEFIRE WITH IRAN

Iren $IREN acquires Nostrum Group, expanding AI cloud platform into Europe. Adds 490MW of secured grid-connected power in Spain, increasing total power portfolio to 5GW.

US MILITARY JUST CARRIED OUT STRIKES ON IRAN’S QESHM PORT AND BANDAR ABBAS -FOX NEWS

Nvidia $NVDA and Iren $IREN announce strategic partnership to accelerate deployment of up to 5GW of AI infrastructure. Nvidia granted a five-year right to buy up to 30M Iren shares at $70/share.

IRAN'S MEHR: AIR DEFENSE ACTIVATED IN TEHRAN

HubSpot $HUBS Q1 earnings: - Revenue: $881.0M vs $863.3M est, beat - Adjusted EPS: $2.72 vs $2.47 est, beat - Adjusted EBIT: $156.8M vs $145.0M est, beat (17.8% margin) - Gross profit: $735.3M Q2 guidance: revenue $897-$898M, adjusted EPS $3.00-$3.02.

FIGS $FIGS Q1 earnings: - Revenue: $159.9M vs $153.0M est, beat - Adjusted EBITDA: $13.9M vs $11.0M est, beat (8.7% margin) - EPS: $0.03 - Net income: $6.3M FY outlook: net revenue growth 14-16%.

Grindr $GRND Q1 earnings: - Revenue: $129.9M vs $119.3M est, beat - Adjusted EBITDA: $58.5M vs $50.2M est, beat (45% margin) - Net income: $26.8M Raises FY 2026 guidance: revenue at least $535M, adjusted EBITDA at least $227M.

Microchip Technology $MCHP Q4 earnings: - Revenue: $1.31B vs $1.26B est, beat - Adjusted EPS: $0.57 vs $0.51 est, beat - Net income: $116.4M Q1 guidance: revenue $1.44-$1.47B.

Sprout Social $SPT Q1 earnings: - Revenue: $121.5M vs $120.3M est, beat - EPS: -$0.11 - Gross profit: $93.5M Q2 guidance: revenue $121.7-$122.5M vs $121.3M est. FY outlook: revenue $492.5-$495.5M vs $493.2M est, non-GAAP EPS $0.88-$0.97 vs $0.91 est. Announces $50M share

Dropbox $DBX Q1 earnings: - Revenue: $629.5M vs $620.6M est, beat - Adjusted EPS: $0.76 vs $0.70 est, beat - Adjusted EBIT margin: 40.1% - Gross margin: 79.7% - Net income: $114.5M - Cash and short-term investments: $1.29B

NuScale Power $SMR Q1 results: - Revenue: $0.6M (down from $13.4M YoY, prior year included RoPower license revenue) - Net loss: -$46.7M - Loss per share: -$0.14 - Liquidity: $1.0B in cash, equivalents, and investments Romania's Nuclearelectrica approved proceeding with next

DraftKings $DKNG Q1 earnings: - Revenue: $1.65B, +17% YoY - Net income: $21.1M (vs -$33.9M loss a year ago) - Adjusted EBITDA: $167.9M, +64% YoY - Adjusted diluted EPS: $0.20 - Sportsbook handle: $14.1B, net revenue margin 7.8% (up from 6.4% YoY) - ARPMUP: $131, +21% YoY

Coinbase $COIN Q1 earnings: - Revenue: $1.4B - Transaction revenue: $756M - Subscription & services: $584M - Adjusted EBITDA: $303.3M - Net loss: -$394.1M

Monster Beverage $MNST Q1 earnings: - Revenue: $2.35B vs $2.16B est, beat - EPS: $0.58 - Net income: $569.5M - Operating income: $730.0M

Block $XYZ Q1 earnings: - Revenue: $5.77B vs $6.06B est, miss - Adjusted EPS: $0.85 vs $0.68 est, beat - Adjusted EBITDA: $1.0B vs $947M est, beat - GAAP EPS: -$0.52 Q2 guidance: gross profit $3.04B, adjusted operating income $740M, adjusted EPS $0.86. FY gross profit expected

Akamai $AKAM Q1 earnings: - Revenue: $1.07B, in line - Adjusted EPS: $1.61 vs $1.60 est, in line US-based frontier model provider commits $1.8B over seven years for Akamai cloud infrastructure services. FY outlook: revenue $4.45-$4.55B vs $4.48B est, adjusted EPS $6.40-$7.15

CoreWeave $CRWV Q1 earnings: - Revenue: $2.08B vs $1.97B est, beat - Adjusted EBITDA: $1.16B vs $1.15B est, 56% margin - EPS: -$1.40 - Revenue backlog: $99.4B Adjusted net loss wider than expected at -$589M vs -$446M est.

Expedia Group $EXPE Q1 earnings: - Revenue: $3.43B vs $3.35B est, beat - Adjusted EPS: $1.96 vs $1.38 est, beat - Gross bookings: $35.53B vs $34.78B est Q2 guidance: revenue $4.11-$4.19B vs $4.12B est. FY outlook: revenue $15.6-$16.0B vs $15.94B est, gross bookings $127-$129B.

IRAN'S MEHR SAYS AIR DEFENCES SHOT DOWN TWO 'HOSTILE' DRONES OVER BANDAR ABBAS AND QESHM

The Trade Desk $TTD Q1 earnings: - Revenue: $689M vs $679M est, beat - Adjusted EPS: $0.28 vs $0.32 est, miss - Adjusted EBITDA margin: 30% - Net income: $40M

Airbnb $ABNB Q1 earnings: - Revenue: $2.70B vs $2.62B est, beat - EPS: $0.26 vs $0.29 est, miss - GBV: $29.2B vs $27.8B est - Nights & seats booked: 156.2M - ADR: $187 - Free cash flow: $3.0B Q2 guidance: revenue $3.54-$3.60B vs $3.46B est. FY revenue growth to accelerate to

IRAN'S STATE BROADCASTER CITING UNNAMED MILITARY OFFICIAL: FOLLOWING ATTACK BY U.S. MILITARY ON IRANIAN TANKER, 'ENEMY UNITS' IN STRAIT OF HORMUZ CAME UNDER IRANIAN MISSILE FIRE

IRAN'S STATE-RUN MIZAN NEWS AGENCY CITING SOURCES: EXPLOSION SOUNDS HEARD IN QESHM CAUSED BY AIR DEFENCES CONFRONTING SEVERAL SMALL DRONES

Tesla $TSLA Model Y is the first vehicle to pass NHTSA's new "Advanced Driver Assistance System" tests.

Verizon $VZ cutting several hundred workers, less than 1% of headcount, per Business Insider.

SUSPICIOUS OIL TRADES BEFORE IRAN WAR HEADLINES TOPPED $7B: REUTERS Well-timed bets on oil markets ahead of major Iran war announcements totaled at least $7 billion, far more extensive than previously reported, according to Reuters. The trades, placed across crude, gasoline,

TRUMP ADMINISTRATION IS NOW LOOKING TO RESTART PROJECT FREEDOM

OIL FUTURES EXTEND GAINS, BRENT CRUDE UP $1 A BARREL AND US CRUDE UP $2

🚨 SAUDI, KUWAIT RESTORE U.S. MILITARY ACCESS FOR HORMUZ MISSION Saudi Arabia and Kuwait have lifted restrictions on U.S. military use of their bases and airspace, clearing the way for Washington to potentially restart operations protecting ships in the Strait of Hormuz. The

Saudi Arabia, Kuwait Reverse Decision to Block U.S. Military Access to Their Bases, U.S., Saudi, Kuwaiti Officials Say -- WSJ U.S. Looking to Restart 'Project Freedom' to Unblock Strait of Hormuz, according to the U.S. Officials -- WSJ

MAERSK TO PASS IRAN WAR SHIPPING COSTS TO CUSTOMERS Maersk CEO Vincent Clerc says the company will pass rising shipping costs from the Iran conflict on to customers, warning expenses are increasing by about $500 million per month. Maersk still has 66 ships stranded in the

$NVDA - SOFTBANK IN TALKS WITH NVIDIA TO BUILD MADE-IN-JAPAN AI SERVERS - NIKKEI

OIL FUTURES PARE LOSSES; BRENT BACK UP OVER $100 A BARREL, US CRUDE TURNS POSITIVE AFTER WSJ REPORT SAYS IRAN REJECTS U.S. DEAL ON STRAIT OF HORMUZ AS UNREALISTIC

EU PREPARES FOR ‘POTENTIAL’ TALKS WITH VLADIMIR PUTIN, SAYS OFFICIAL- FT

🇪🇺 EU PUSHES TO FINALIZE U.S. TRADE DEAL THIS MONTH The European Union is aiming to complete negotiations on its trade deal with the U.S. this month, according to top EU trade negotiator Bernd Lange. Talks intensified after President Donald Trump threatened to raise tariffs on

IRANIAN MEDIA ACCUSES AXIOS REPORTER OF MARKET MANIPULATION Iranian media accused Barak Ravid of spreading false reports after he claimed Iran and the U.S. were nearing a deal. The report briefly pushed oil prices sharply lower, reversing gains tied to the conflict, before

TRUMP ADMINISTRATION PLANS TO INVITE CEOS FROM NVIDIA, APPLE, EXXON ON CHINA TRIP- SEMAFOR TRUMP ADMINISTRATION ALSO PLANS TO INVITE EXECUTIVES FROM QUALCOMM, BLACKSTONE, CITIGROUP, AND VISA TO CHINA - SEMAFOR

IRAN MOVES TO CONTROL HORMUZ SHIPPING AS IT REVIEWS U.S. PEACE PLAN: WAPO Iran has set up a new agency to screen and tax ships passing through the Strait of Hormuz, according to a shipping intelligence report. The move comes as Tehran says it is reviewing the latest U.S.

Klaviyo $KVYO expands integration with Anthropic to bring agentic marketing workflows to Claude.

MORTGAGE RATES CLIMB TO ONE-MONTH HIGH, PRESSURE HOUSING MARKET U.S. mortgage rates rose to 6.37%, their highest level in a month, according to Freddie Mac, adding pressure to an already weak spring housing season. Rates briefly dipped below 6% earlier this year but have

SHELL CEO SAYS THERE IS REAL POSSIBILITY THAT WE SEE CONTINUED BULLISHNESS ON OVERALL ENERGY PRICES FOR NEXT 6-12 MONTHS

IRAN'S PARLIAMENT NATIONAL SECURITY OFFICIAL: NO URANIUM HAS LEFT IRAN

BESSENT, LUTNICK JOIN TRUMP FOR LULA MEETING AT WHITE HOUSE

RUSSIAN DEFENCE MINISTRY: RUSSIA DECLARES CEASEFIRE FROM MAY 8 TILL MAY 10- TASS

IRAN REJECTS U.S. STRAIT OF HORMUZ DEAL AS ‘UNREALISTIC’ Senior Iranian official Mohsen Rezaei said Tehran will not accept a U.S. plan to reopen the Strait of Hormuz unless it includes reparations for war damage. He rejected Washington’s proposed framework, saying Iran will not

IRAN IMPOSES NEW RULES FOR STRAIT OF HORMUZ PASSAGE: CNN VESSELS MUST COMPLETE APPLICATION TO ENSURE SAFE PASSAGE: CNN

CIA SAYS IRAN CAN OUTLAST HORMUZ BLOCKADE FOR MONTHS – WAPO A confidential U.S. intelligence assessment says Iran could withstand a U.S. naval blockade of the Strait of Hormuz for 90–120 days, and possibly longer, according to multiple officials cited by The Washington Post.

IRAN CAN OUTLAST HORMUZ BLOCKADE FOR MONTHS: WAPO

IRAN'S FOREIGN MINISTRY SPOKESPERSON TO IRNA: IRAN HAS NOT YET REACHED CONCLUSION ON PROPOSAL AND NO RESPONSE HAS BEEN GIVEN TO THE U.S.

Boeing $BA CEO Kelly Ortberg set to join Trump on China visit next week, per CNBC.

$BA - BOEING CEO SET TO JOIN TRUMP ON CHINA VISIT NEXT WEEK: CNBC

RUSSIA WARNS KYIV DIPLOMATS TO EVACUATE OVER POSSIBLE RETALIATORY STRIKES Russia’s Foreign Ministry has warned foreign embassies in Kyiv to evacuate staff, citing the risk of a major retaliatory strike ahead of Victory Day events. Spokeswoman Maria Zakharova said any attempt by

CME GROUP PLANS TO LAUNCH NEW PHYSICALLY BASED URANIUM CONTRACT IN COMING MONTHS, SOURCES SAY

NY FED SURVEY SHOWS STICKY INFLATION EXPECTATIONS, WEAKER FINANCIAL OUTLOOK The New York Fed’s April survey shows one-year inflation expectations rising to 3.6% from 3.4%, while longer-term outlooks remain unchanged at around 3%. Households expect slower home price growth and

LEBANON AND ISRAEL TO HOLD TALKS THURSDAY AND FRIDAY NEXT WEEK IN WASHINGTON -STATE DEPARTMENT OFFICIAL

WRIGHT: WE DON'T HAVE DIRECT DIALOGUE WITH IRANIAN OFFICIALS WRIGHT: LOOKS LIKE IRAN HAS CUT BY 400,000 BARRELS/DAY

SHELL WARNS OF 1 BILLION-BARREL CRUDE SUPPLY GAP Shell says the global oil market is facing a growing supply shortage of nearly 1 billion barrels, with the gap widening daily. CEO Wael Sawan said tight supply is driving high prices and weakening refining margins, while CFO

STABLECOIN MARKET CAP HITS RECORD $321B IN APRIL The stablecoin market reached a new high in April, rising 1.6% to $321 billion, according to CoinDesk. It marks a third straight month of growth, even as broader crypto markets stayed range-bound. Tether (USDT) led the sector

US TO SANCTION IRAQI OFFICIAL OVER IRANIAN OIL SALES The U.S. Treasury plans to sanction Iraq’s deputy oil minister, Ali Maarij Al-Bahadly, accusing him of helping facilitate Iranian oil sales in violation of sanctions. Officials allege he authorized large-scale diversion of

FED'S HAMMACK: LOWERING INTEREST RATES MORE THAN JUSTIFIED WILL DRIVE UP INFLATION

*HAMMACK: FOMC SIGNAL ON NEXT MOVE BEING A CUT IS MISLEADING

FED'S HAMMACK: FED HAS BEEN MISSING INFLATION TARGET FOR YEARS

FED'S HAMMACK: SEES INTEREST RATES ON HOLD FOR QUITE SOME TIME

FED'S HAMMACK: HIGHER PRICES ARE WEIGHING ON CONSUMERS' ABILITY TO SPEND

FED'S HAMMACK: EVERYONE IS FEELING INCREASE IN GASOLINE PRICES

Inflationary Pressures to Keep Treasury Yields Elevated, Madison Investments Says Economic Risks From High Energy Prices Should Cap Rises in Long-Dated Treasury Yields: Madison Investments Ten-Year Treasury Yields Seen in 4.25%-4.50% Range, With Day-to-Day Volatility, Says

$AAPL - APPLE SHARES TOUCH RECORD HIGH, LAST UP 0.7%

$MSTR - CANACCORD BOOSTS STRATEGY TARGET AS BITCOIN RALLIES Canaccord raised its price target on MSTR to $224 from $185, keeping a Buy rating as Bitcoin climbed back above $80,000. Analyst Joe Vafi said Strategy’s aggressive Bitcoin acquisition model continues to perform well,

Meta $META-backed Scale AI wins $500M Pentagon contract for AI-driven data analysis and decision-making, per Bloomberg. Five-fold increase from the $100M deal Scale AI received in September 2025.

Sarepta Therapeutics $SRPT Q1 earnings: - Revenue: $730.8M vs $474.2M est, massive beat - Adjusted EPS: $3.16 vs $0.99 est, beat - Net product revenues: $330.5M Reiterates FY 2026 guidance: total net product revenues $1.2-$1.4B.

Paycom $PAYC Q1 earnings: - Revenue: $571.9M vs $564.5M est, beat - Adjusted EPS: $3.15 vs $2.99 est, beat - Adjusted EBITDA: $275M vs $267M est, beat - Operating income: $210.2M FY outlook: recurring revenue growth 7-8%, adjusted EBITDA $950-$970M.

GoodRx $GDRX Q1 earnings: - Revenue: $194M vs $185M est, beat - Adjusted EBITDA: $58.3M vs $56.4M est, beat - Adjusted EBITDA margin: 30% - Net income: $1.2M FY 2026 guidance: revenue $765-$785M, adjusted EBITDA $235M+.

Amplitude $AMPL Q1 earnings: - Revenue: $93.5M vs $93.0M est, in line - Adjusted EPS: -$0.02 vs -$0.01 est Q2 guidance: revenue $96.9-$99.1M. FY outlook: revenue $397-$403M, adjusted EPS $0.03-$0.06.

Redwire $RDW Q1 earnings: - Revenue: $97.0M vs $104.6M est, miss - Net loss: -$76.5M - EBIT: -$69.7M

Chegg $CHGG Q1 earnings: - Revenue: $63.3M - Adjusted EPS: $0.03 - Adjusted EBITDA: $15.5M Q2 guidance: revenue $49-$50M.

Allient $ALNT Q1 earnings: - Revenue: $138.9M vs $138.4M est, in line - EPS: $0.32 - Gross profit: $45.4M - Operating income: $9.3M

DoorDash $DASH Q1 earnings: - Revenue: $4.04B vs $4.14B est, miss - EPS: $0.42 vs $0.36 est, beat - Adjusted EBITDA: $754M vs $743M est, beat - Total orders: 933M - Marketplace GOV: $31.6B Q2 guidance: Marketplace GOV $32.4-$33.4B, adjusted EBITDA $770-$870M. Deliveroo expected

Albemarle $ALB Q1 earnings: - Revenue: $1.43B vs $1.32B est, beat - Adjusted EPS: $2.95 vs $1.09 est, massive beat - Adjusted EBITDA: $663.8M vs $443.7M est, beat Improves FY Specialties outlook. Maintaining enterprise outlook as improvements expected to offset higher Middle

DoubleVerify $DV Q1 earnings: - Revenue: $180.8M vs $181.4M est, in line - Adjusted EBITDA: $55.2M vs $50.0M est, beat - EPS: $0.04 Q2 guidance: revenue $199-$205M. FY outlook: revenue $810-$826M, +8-10%.

Zillow $Z Q1 earnings: - Revenue: $708M - Adjusted EBITDA: $182M - Net income: $46M

Blue Owl Technology Finance $OTF Q1 earnings: - Adjusted NII per share: $0.29 - New investment commitments: $1.7B - Sales and repayments: $1.1B - Share repurchases: ~$50.2M - Cash: $488M, total debt: $7.0B "Solid credit performance across portfolio of durable, mission-critical

Coherent Corp $COHR Q3 earnings: - Revenue: $1.81B vs $1.78B est, beat - Adjusted EPS: $1.41 vs $1.40 est, in line - Adjusted operating margin: 20.3% Q4 guidance: revenue $1.91-$2.05B, adjusted EPS $1.52-$1.72.

Whirlpool $WHR Q1 earnings: - Revenue: $3.27B vs $3.45B est, miss - EPS: -$1.43 Suspends common dividend to prioritize debt paydown. FY outlook: sales $15B, adjusted EPS $3.00-$3.50.

Snap $SNAP Q1 earnings: - Revenue: $1.53B, in line - EPS: -$0.05 vs $0.09 est, miss - DAUs: 483M Q2 guidance: revenue $1.52-$1.55B vs $1.54B est. Adjusted EBITDA $175-$200M vs $226M est, below. ~$20-$25M revenue impact from Middle East geopolitical headwinds in March.

Fastly $FSLY Q1 earnings: - Revenue: $173.0M vs $170.3M est, beat - Adjusted EPS: $0.15 vs $0.08 est, beat - Gross margin: 62.5%

IonQ $IONQ Q1 earnings: - Revenue: $64.7M vs $49.7M est, beat - Net income: $804.6M vs -$142.6M est - Operating loss: -$271.5M

Axon Enterprise $AXON Q1 earnings: - Revenue: $807M vs $779M est, beat - EPS: $2.05 - Net income: $169M - Adjusted EBITDA: $202M FY outlook: revenue growth 30-32%, capex $160-$190M.

Symbotic $SYM Q2 earnings: - Revenue: $676.5M vs $663.6M est, beat - Operating income: $6.1M - Net income: $9.4M - Gross profit: $150.0M

Kratos Defense $KTOS Q1 earnings: - Revenue: $371M vs $340M est, beat - Adjusted EPS: $0.16 vs $0.13 est, beat - Adjusted EBITDA: $38.7M vs $28.7M est, beat Q2 guidance: revenue $400-$410M vs $409M est, in line. Adjusted EBITDA $30-$35M vs $39M est, below.

ServiceNow $NOW hits $1B in AWS marketplace transactions as enterprises adopt AI at scale.

Eli Lilly $LLY commits additional $4.5B across Indiana manufacturing sites, bringing total state capital commitments to $21B+ since 2020. US-wide commitments now exceed $50B. Opens first dedicated genetic medicine manufacturing facility in Lebanon, Indiana. Lebanon API site,

$NVDA - NVIDIA SHARES RISE 4.58% TO $205.50, WITH MARKET CAP RETURNS TO $5 TRILLION

OpenAI partners with AMD $AMD, Broadcom $AVGO, Intel $INTC, Microsoft $MSFT, and Nvidia $NVDA to release Multipath Reliable Connection (MRC).

Eli Lilly $LLY looks to sell about $8B of bonds to fund deals, per Bloomberg.

Disney $DIS earnings call highlights: CEO D'Amaro: reducing Disney+ churn is the "single most significant opportunity we have." Parks are the "physical centerpiece," Disney+ the "digital centerpiece." Domestic theme park attendance down 1% in Q2 due to international travel

$MSFT - MICROSOFT MAY ABANDON ITS TARGET FOR POWERING DATA CENTERS WITH CLEAN ENERGY

$GLW - *NVIDIA GETS WARRANT TO BUY UP TO 15M SHARES OF CORNING

$NVDA $GLW - NVIDIA AND CORNING ANNOUNCE LONG-TERM PARTNERSHIP TO STRENGTHEN U.S. MANUFACTURING FOR AI INFRASTRUCTURE

$MSTR: BENCHMARK CUTS TARGET PRICE TO $570 FROM $705