Stock Market Feed

CBOE VOLATILITY INDEX HITS HIGHEST SINCE APRIL 7; LAST UP 2.72 POINTS AT 21.64

QATAR ENERGY ANNOUNCES NEW OIL DISCOVERY OFFSHORE NAMIBIA - STATEMENT

OIL FUTURES EXTEND LOSSES, US CRUDE DOWN BY $5 A BARREL

OIL FUTURES EXTEND LOSSES, BRENT CRUDE DOWN BY $4 A BARREL, US CRUDE DOWN BY 5%

Salesforce $CRM lays off more employees, affecting teams working on Agentforce, MuleSoft, and Marketing Cloud, per Business Insider. A California WARN notice lists 86 cuts. Stock is down more than 30% this year amid concern AI could replace traditional CRM software. Follows an

CHINA RELEASES SECOND BATCH OF FUEL EXPORT QUOTAS TOTALLING 18 MLN METRIC TONS, SAME AS YEAR EARLIER, SOURCES SAY

$VIX 20.50

S&P NOW DOWN 1.2%, NASDAQ DOWN 2%

$SPCX - SPACEX'S IPO WAS REPORTEDLY SEVERAL TIMES OVERSUBSCRIBED

*USTR GREER VISITS TESLA CALIFORNIA THURSDAY *USTR GREER SEES TESLA PLANTS IN ONSHORING PUSH

U.S. EMBASSY IN JERUSALEM SAYS SHELTER IN PLACE ORDER FOR U.S. GOVERNMENT EMPLOYEES AND THEIR FAMILY MEMBERS HAS ENDED

SPOT GOLD FALLS OVER 1% TO $4,277.99/OZ

S&P 500 TURNS LOWER, LAST DOWN 0.4%

SPOT SILVER FALLS 3% TO $66.06/OZ

WOLFE SEES IRAN DEAL AS MARKET KEY RISK Wolfe Research expects a near-term Iran resolution but warns that sustained high oil prices could fuel inflation and trigger U.S. equity weakness. The firm says stronger labor data and resilient growth could raise Fed rate hike risks. It

ENERGY SECRETARY WRIGHT SAYS PERSIAN GULF EXPORTS WILL RISE

BITCOIN ETF OUTFLOWS SLOW BUT CONTINUE Bitcoin ETFs saw $91.4M in net outflows on Monday, a slowdown from recent $300M–$500M daily withdrawals but still extending the negative trend, according to CoinGlass. Bitcoin fell 1.9% to $62,257, with broader crypto markets also weaker as

Tesla $TSLA FSD Supervised now approved in Denmark. Rollout begins soon.

$TSLA - TESLA: FSD SUPERVISED NOW APPROVED IN DENMARK

CHINA HAS RELEASED OIL FROM ITS STRATEGIC RESERVE: WRIGHT

JPMORGAN TO DEPLOY MORE POWERFUL AI AGENTS THIS YEAR: CNBC

Nuvei is in advanced talks to acquire Payoneer $PAYO at a valuation of approximately $2.3B including debt, per sources.

US ENERGY SECRETARY WRIGHT SAYS SHIP TRAFFIC THROUGH STRAIT OF HORMUZ IS RISING 'VERY MEANINGFULLY'

US APR WHOLESALE INVENTORIES +0.6%; EXPECTED +0.5%

US MAY EXISTING HOME SALES +3.2% TO 4.17M RATE US MAY EXISTING HOME SALES CONSENSUS 4.05M RATE US INVENTORY OF UNSOLD US HOMES AT 4.5 MONTHS SUPPLY US MAY MEDIAN EXISTING HOME PRICE +1.3% ON YR TO $429,300

OIL FUTURES EXTEND LOSSES, WTI AND BRENT CRUDE PRICES DOWN BY OVER $3 A BARREL AFTER IRAN-ISRAEL HALT ATTACKS

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

JPMORGAN'S LAKE: WE ARE SEEING ZERO DEMAND FOR DEPOSIT TOKENS

VANCE SAYS IRAN WAR WON’T BECOME QUAGMIRE Vice President JD Vance said he is confident the Iran conflict will not turn into a long-term “quagmire,” saying U.S. involvement will not extend for years. He said the U.S. expects success as ceasefire talks continue, but warned the

Apollo $APO leads a $35B capital solution for Broadcom's $AVGO AI XPV Platform in partnership with Blackstone $BX and global banks. Deal facilitates Anthropic's 1GW compute infrastructure expansion starting mid-2026. The Broadcom AI XPV Platform is designed to enable over 20GW

*REPRESENTATIVE HUDSON SAYS TRUMP MIDTERM REMARK MISINTERPRETED *U.S. REP HUDSON CLARIFIES TRUMP DOESNT CARE COMMENT *HUDSON SAYS TRUMP STATEMENT ON MIDTERMS TAKEN OUT OF CONTEXT

HOUSE SPEAKER JOHNSON TO MEET PRESIDENT TRUMP ACCORDING TO POLITICO

JPMORGAN'S LAKE: IF INFLATION CONTINUES TO BE HIGHER FOR LONGER THEN THERE COULD BE SOME RISK

$TSLA - SPACEX IPO FUELS TESLA MERGER SPECULATION Wolfe Research says SpaceX’s IPO is intensifying speculation about a future merger with Tesla, with some investors now viewing it as a core TSLA thesis. Analyst Emmanuel Rosner cites potential benefits including stronger AI

EMIRATES FIRST-CLASS OCCUPANCY ABOUT HALF NORMAL LEVELS BEFORE IRAN WAR, CLARK SAYS

EMIRATES WON'T BE ABLE TO DROP TICKET PRICES WHICH ARE CLOSELY LINKED TO FUEL COSTS, CLARK SAYS

EMIRATES SEES OIL PRICE COMING BACK DOWN TO MID-$60 TO LOW-$70 REGION OVER TIME, CLARK SAYS

U.S. APRIL TRADE DEFICIT $55.9 BLN (CONSENSUS $56.1 BLN)

WELLS FARGO'S SANTOMASSIMO SAYS CONSUMERS ARE SPENDING PROBABLY 45%-50% MORE ON GAS THAN THEY WERE

MARKET DESKS WARN OF SHARPER EQUITY UNWINDS AFTER FRIDAY ROUT Goldman Sachs and Barclays traders warn Friday’s selloff may signal deeper fragility, not a one-off move. They cite crowded momentum positioning, weak market breadth, and higher-for-longer rates as factors increasing

US EQUITIES SEE ETF INFLOWS OFFSET FUTURES SELLING JPMorgan says US equity futures saw $21B in net selling last week, with most pressure on Friday in S&P 500 and Nasdaq 100 contracts. However, ETF inflows of $26.8B more than offset the outflows. Fixed income ETFs also drew

*REUTERS POLL EXPECTS FED TO HOLD RATES AT 3.50%-3.75% JUNE MEETING *REUTERS POLL SHOWS 72/102 ECONOMISTS SEE FED HOLD THROUGH 2026

CITI: STOCK POSITIONING IMPROVES, RISKS REMAIN Citi says last week’s market selloff has reduced crowded positioning in U.S. equities, creating a healthier near-term setup. However, Nasdaq bullish bets remain elevated, leaving markets vulnerable to further declines if upcoming

U.S. HELICOPTER CREW WERE RESCUED BY A NAVY DRONE, U.S. CENTRAL COMMAND TELLS REUTERS

BASF FLAGS AUTO SUPPLY CHAIN RISKS BASF warned that the U.S.-Israeli conflict with Iran is increasing the risk of shortages of key materials such as sulfur and helium, potentially disrupting automotive production. CEO Markus Kamieth said rising inflation and supply-chain

NO TRUMP-PUTIN CALL ON THE HORIZON The Kremlin said Tuesday that no call is currently planned between U.S. President Donald Trump and Russian President Vladimir Putin. Spokesman Dmitry Peskov said U.S. negotiators Steve Witkoff and Jared Kushner remain in contact with Russian

*TRUMP ON IRAN: WE'RE NEGOTIATING NOW

IRANIAN MEDIA SAYS MAGNITUDE 5 EARTHQUAKE STRIKES HORMOZGAN PROVINCE IN SOUTHERN IRAN

OPENAI: CONFIDENTIAL SUBMISSION OF DRAFT S-1 TO THE SEC

ISRAELI MILITARY SAYS SIRENS REGARDING HOSTILE AIRCRAFT INFILTRATION WERE SOUNDED IN THE AREA OF EILAT

Vail Resorts $MTN Q3: - Resort net revenue: $1.21B - Net income: $340.2M - EPS: $8.81 - Operating income: $494.1M FY guidance: - Net income: $128-162M - Resort EBITDA: $735-755M

Salesforce $CRM signs definitive agreement to acquire M3ter.

TRUMP APPROVAL AT 35%, UNCHANGED FROM MID-MAY AND JUST ABOVE 34% LOW OF CURRENT TERM, REUTERS/IPSOS POLL FINDS

TRUMP APPROVAL HOLDS NEAR LOWEST LEVEL OF HIS POLITICAL CAREER AS MOST AMERICANS EXPECT GAS PRICES TO RISE, REUTERS/IPSOS POLL FINDS

ONLY 22% APPROVE OF TRUMP’S HANDLING OF COST OF LIVING, 70% DISAPPROVE, REUTERS/IPSOS POLL FINDS

DRONE ATTACK TARGETS IRANIAN KURDISH OPPOSITION CAMP NORTH OF IRAQ'S ERBIL - SECURITY SOURCES

Apple $AAPL software chief Federighi on Apple Intelligence at WWDC: "We do not use Google Search as the basis of our system." Apple has built its own world knowledge service running in its Private Cloud Compute platform. On-device requests processed locally. More complex

Apple $AAPL software chief Craig Federighi on Apple Intelligence: "We do not use Google Search as the basis of our system."

US MAY FACE BUDGET SHORTFALL OF $294 BILLION: CBO ESTIMATE

Apple $AAPL introduces Siri AI at WWDC: - New dedicated Siri app for referencing past conversations - "Major boost in accuracy" in voice dictation expected - Siri improvements extend to CarPlay and AirPods - Siri becoming "much more conversational"

Apple $AAPL WWDC updates: - iOS 27 supports back to iPhone 11 - On-device content search index - Working with a US physician group to develop device use guidelines - New parental controls: schedule which apps are available to kids at different times of day - Entirely new version

AUSTIN SAYS US CAN REOPEN HORMUZ STRAIT Former U.S. Defense Secretary Lloyd Austin said the U.S. Navy has the capability to reopen the Strait of Hormuz, though keeping it open would require international support. Austin stressed the waterway’s importance to the global economy

$TSLA - TESLA SHARES RISE 4.1%

GOLDMAN SEES WORLD CUP BOOSTING JOBS, GROWTH Goldman Sachs estimates the 2026 World Cup will add 40,000 jobs to U.S. payrolls in June, driven by hospitality, retail, and transportation hiring. The bank also expects a modest boost to retail sales, GDP growth, and inflation as

Apple $AAPL announces the next version of macOS is named Golden Gate, per WWDC.

Apple $AAPL CEO Tim Cook opens WWDC: announcements will center on Apple Intelligence and Siri.

Pentagon posts a list of entities to be designated as "Chinese military companies," per a Federal Register notice. Companies named include Alibaba, Baidu, BGI Group, BYD, and Autel. $BABA $BIDU

PENTAGON POSTS LIST OF ENTITIES IN FEDERAL REGISTER TO BE DESIGNATED AS A 'CHINESE MILITARY COMPANY' -FEDERAL REGISTER NOTICE

U.S. MILITARY: U.S. FORCES DISABLED AN UNLADEN OIL TANKER IN THE GULF OF OMAN, JUNE 8

SpaceX $SPCX IPO is "well oversubscribed," per Bloomberg. Order books for institutional investors expected to close Wednesday at 4pm ET. Pricing set for June 11, trading begins June 12. Offering 555.6M shares at $135, targeting ~$75B raise at a ~$1.8T valuation. Up to 30%

IRAN SAYS FLIGHT RESTRICTIONS HAVE BEEN LIFTED WITH AIRSPACE RETURNING TO NORMAL CONDITIONS - STATE MEDIA

SPACEX IS SAID TO PLAN CLOSING IPO BOOKS WEDNESDAY POST-CLOSE

SPACEX'S NASDAQ IPO IS SAID TO BE WELL OVERSUBSCRIBED

*NETANYAHU SAYS ISRAEL HOLDING FIRE IN IRAN FOR NOW

NETANYAHU SAYS IN THE EVENT THAT IRAN ATTACKS ISRAEL AGAIN, WE WILL RESPOND 'WITH MIGHT'

NETANYAHU SAID ISRAEL IS CURRENTLY EXERCISING RESTRAINT TOWARD IRAN

NETANYAHU SAID ISRAEL IS STRONGER THAN EVER

*NETANYAHU SAYS IRAN WILL NOT GET NUCLEAR WEAPONS

IRAN'S DEPUTY FOREIGN MINISTER SAYS TEHRAN DOES NOT ATTACH ANY VALUE TO RECENT EU SANCTIONS AND WILL CONTINUE ITS STRATEGY OF MAINTAINING SOVEREIGNTY OVER STRAIT OF HORMUZ

NEW YORK FED SURVEY SHOWS MIXED INFLATION OUTLOOK New York Fed survey shows 1-year inflation expectations at 3.5% in May vs 3.6% in April, while 3-year and 5-year views remain unchanged at 3.1% and 3.0%. Year-ahead home price expectations rose to 3.5%, the highest since 2022,

THREE-, FIVE-YEAR INFLATION EXPECTATIONS WERE UNCHANGED IN MAY: NEW YORK FED

CITIGROUP CUT ITS 3-MONTH GOLD PT TO $4,000/OZ FROM $4,300/OZ.

*NETANYAHU TO SPEAK AT 18:15 JERUSALEM TIME

*ISRAEL REJECTS IRAN’S WARNING NOT TO HIT LEBANON: KATZ

GOLDMAN SACHS AND JPMORGAN ARE EXPLORING WAYS TO TRADE ON THE COST OF COMPUTING POWER - THE INFORMATION

Strategy $MSTR stockholders approve semi-monthly dividends for its STRC preferred stock. First dividend under the new cadence begins end of June 2026.

SAM BANKMAN-FRIED APPLIES FORMALLY FOR TRUMP PARDON

ISRAELI MILITARY SAYS SIRENS SOUNDED IN NORTHERN ISRAEL'S ZAR'IT AREA

US AIRLINES FUEL COSTS ROSE BY 78% IN APRIL TO NEARLY $6.5 BILLION - USDOT

U.S. STOCKS EXTEND GAINS, NASDAQ UP 1.47%

FITCH SEES OIL OUTLOOK IMPROVING ON HIGHER PRICES Fitch Ratings revised the global oil and gas sector outlook to “improving,” citing higher prices. It expects Brent crude to hold at $100–110/bbl in June–July amid Hormuz disruption, before easing to around $70 by September. Fitch

PAKISTAN PM SHARIF: URGE ALL SIDES TO EXERCISE RESTRAINT, GIVE PEACE MORE CHANCE, ESPECIALLY WHEN “FINAL OBJECTIVE IS JUST ABOUT TO BE ACHIEVED”

$GOOGL $NVDA - GOOGLE AND NVIDIA CONSIDER INTEL AS BACKUP CHIP MANUFACTURER - THE INFORMATION

WILSON SEES SELLOFF AS HEALTHY, TARGETS S&P 8000 Morgan Stanley strategist Mike Wilson says Friday’s market selloff was “ultimately healthy” and maintains an 8,000 year-end target for the S&P 500, implying over 8% upside from current levels. He cites strong earnings breadth and

IRANIAN FLIGHTS TO AND FROM IRANIAN AIRPORTS CANCELLED UNTIL FURTHER NOTICE - TASNIM

SOURCE TO REUTERS: ISRAEL HAS DECIDED TO STOP ITS ATTACKS ON IRAN

ISRAEL PAUSES IRAN STRIKES, WARNS LEBANON ESCALATION Senior Israeli official says Israel is stopping strikes in Iran at Donald Trump’s request, but confirms operations in southern Lebanon will continue at full intensity in the coming days. The official also warns that Dahieh in

ISRAEL'S CHANNEL 12 CITING SENIOR ISRAELI OFFICIAL: IF HEZBOLLAH ATTACKS ON ISRAELI TOWNS CONTINUE, ISRAEL WILL ATTACK BEIRUT SOUTHERN SUBURBS

🚨 *ISRAEL HALTING STRIKES IN IRAN DUE TO TRUMP REQUEST, N12 SAYS

ROCKET SIRENS SOUND IN NORTHERN ISRAEL TOWNS ALERTS TRIGGERED IN KIRYAT SHMONA AREA

CHINA'S XI: CHINA-NORTH KOREA TIES STAND AT NEW HISTORICAL STARTING POINT - XINHUA CHINA'S XI: REACHED IMPORTANT CONSENSUS WITH NORTH KOREA'S KIM DURING VISIT - XINHUA

$MSTR - STRATEGY BUYS 1,550 BITCOIN FOR AVG. PURCHASE PRICE $65,332 JUNE 1 TO JUNE 7

$NVDA - NVIDIA CEO: SK HYNIX'S PLAN TO DOUBLE WAFER CAPACITY BY 2030 NOT ENOUGH

ISRAELI SOURCE: NETANYAHU, TRUMP SPOKE ON MONDAY

$NVDA - NVIDIA CEO: NVIDIA HAS BEEN WORKING WITH SAMSUNG ELECTRONICS ON ASICS

$NVDA - NVIDIA CEO: PARTNERSHIP WITH SK HYNIX, SK TELECOM COULD BRING HUNDREDS OF BILLIONS OF DOLLARS OF BUSINESS TO SOUTH KOREA IN FUTURE

IRAN HALTS OFFENSIVE OPERATIONS AMID TENSIONS Iran’s joint military command said it is halting offensive operations following recent exchanges of fire with Israel, marking the first escalation since a U.S.-brokered ceasefire two months ago. It warned that any further Israeli or

OIL PRICES PARE GAINS AFTER FARS NEWS SAYS IRAN'S ARMED FORCES ANNOUNCE END OF MILITARY OPERATIONS AGAINST ISRAEL

U.S. S&P 500 E-MINI FUTURES ADD 0.65%, NASDAQ 100 FUTURES UP 1.21%, DOW FUTURES UP 0.2%

BOFA SEES SPORTS BETTING AND FINANCE MARKETS CONVERGING Bank of America says sports betting, crypto, and financial speculation are converging, creating long-term growth opportunities for operators. It highlights rising use of perpetual futures, high-leverage derivatives with

IRAN'S ARMED FORCES ANNOUNCE END OF MILITARY OPERATIONS AGAINST ISRAEL, WARN OF HARSHER ATTACKS IF ISRAEL RESUMES ATTACKS ON LEBANON - FARS NEWS

BOFA BACKS PAN AMERICAN SILVER ON GROWTH AND RETURNS BofA remains bullish on Pan American Silver, citing strong capital returns, asset diversification, and exploration-led growth. The bank highlights rising production potential from Timmins and optionality from Escobal and

BARCLAYS MAPS RETAILER EXPOSURE TO RISING GAS PRICES Barclays assessed how rising U.S. gas prices impact retailer customers, estimating an average $942 annual increase in fuel costs, or about 1% of pre-tax income. Exposure varies by income, geography, and vehicle use, with

$NVDA - NVIDIA, HYUNDAI EXPAND AI ROBOTICS PARTNERSHIP Nvidia and Hyundai Motor Group expanded their partnership on physical AI and robotics after talks in Seoul between Jensen Huang and Chung Euisun. The firms aim to shift robotics from research to factory deployment using

HEDGE FUNDS LOADED UP BEFORE FRIDAY SELLOFF Hedge funds bought global equities at the fastest pace in four months through June 4, according to Goldman Sachs Prime desk data, with North America and Asian emerging markets leading inflows. Consumer discretionary stocks were bought

Marvell Technology $MRVL and Flex $FLEX set to join the S&P 500, per S&P DJI.

SpaceX $SPCX signs a cloud services agreement with Google $GOOGL for access to compute capacity, per an SEC filing. SpaceX will pay $920M/month from October 2026 through June 2029, totaling approximately $27.6B over the term.

Meta $META is considering raising tens of billions in a stock offering to fund AI infrastructure, following Alphabet's $85B deal this week, per FT. CFO Susan Li and president Dina Powell McCormick are leading the talks. Meta is eyeing capex of up to $145B this year and higher in

$META - *META WEIGHS RAISING TENS OF BILLIONS IN NEW SHARE SALE: FT

*TRUMP: WOULDN'T MIND IF WARSH CUT INTEREST RATE

Bitcoin $BTC falls below $60,000 for the first time since October 2024, down as much as 6% to $59,770, per Bloomberg. 🔴 Bitcoin has lost more than half its value since peaking above $126,000 last October and is now worth less than it was when Trump won reelection. ETH fell as

TRUMP ORDERS ACTING DNI BILL PULTE TO BEGIN MASS FIRINGS AT INTELLIGENCE AGENCIES TRUMP DEEMS OFFICE OF THE DIRECTOR OF NATIONAL INTELLIGENCE “UNNECESSARY” AND TOO LARGE

*BITCOIN FALLS BELOW $60,000 FOR FIRST TIME SINCE OCTOBER 2024

$EBAY - RYAN COHEN PUSHES eBAY BID DESPITE REJECTION Ryan Cohen says he remains committed to acquiring eBay, despite the board rejecting GameStop’s offer as “not credible.” He told Barron’s he may take the bid directly to shareholders and argues the deal would unlock value

USMCA TALKS MISS DEADLINE, TRADE UNCERTAINTY RISKS RISE The US, Mexico, and Canada are expected to miss the July 1 deadline to renew USMCA, likely triggering extended negotiations over tariffs and trade rules, especially in autos. Officials now see ongoing “rolling” reviews

US, MEXICO, CANADA TO MISS JULY USMCA DATE, RAMPING UP TRADE TENSION

U.S. ENERGY SECRETARY WRIGHT: U.S. TO ADD 40 MILLION BARRELS TO SPR AFTER IRAN CONFLICT IS OVER -FOX BUSINESS

KRAKEN OPENS SPACEX IPO ACCESS TO CUSTOMERS IN 110+ COUNTRIES VIA XSTOCKS

SpaceX $SPCX IPO is already oversubscribed after early one-on-one conversations with investors, per Bloomberg. Shares offered at $135, implying a ~$1.8T valuation. The deal is expected to price June 11 with trading beginning the following day. Lead banks: Goldman Sachs $GS,

SPACEX IPO OVER-SUBSCRIBED AHEAD OF RECORD $75B LISTING SpaceX has already received orders exceeding available shares in its $75B IPO, suggesting strong demand shortly after marketing began. The offering, priced at $135 per share, could value the company at about $1.8T. Trading

$SPCX - SPACEX IPO IS SAID TO DRAW MORE ORDERS THAN SHARES AVAILABLE

TRUMP SAYS ECONOMIC GROWTH DOES NOT MEAN INFLATION

TRUMP: WITH A GREAT JOBS REPORT, LIKE JUST ANNOUNCED, STOCKS SHOULD GO UP

FED'S HAMMACK SAYS REASONABLE TO KEEP RATES STEADY FOR NOW BUT IF RECENT TRENDS CONTINUE IT MAY SOON BE APPROPRIATE TO ACT AGAINST HIGH INFLATION

$MSTR - MICROSTRATEGY SEES SHARES FALL 7.77%

DXY DOLLAR INDEX RISES TO 2-MONTH HIGH OF 99.717

SPOT SILVER EXTENDS DECLINE, LAST DOWN 5.4% TO $69.87/OZ

BNP PARIBAS SEES THREE FED RATE HIKES STARTING DECEMBER

HASSETT: THE US JOBS DATA IS ABSOLUTELY NOT FORESHADOWING INFLATION

ASTRONAUTS ON INTERNATIONAL SPACE STATION ORDERED TO SHELTER IN SPACECRAFT, PREPARE FOR EVACUATION OVER WORSENING AIR LEAKS ON RUSSIAN SEGMENT - NASA

HASSETT: ‘SHORT-TERM DISRUPTION’ FOR GASOLINE PRICES

PUTIN: "THEFT" OF RUSSIAN ASSETS HAS HAD AN IMPACT ON THE US DOLLAR AND EURO

SPOT GOLD FALLS NEARLY 2% TO $4,385.43/OZ

*S&P 500 OPENS DOWN 0.7%, NASDAQ DECLINES 1.2%

*US DENIES REPORT IRAN ATTACKED OR FIRED AT US NAVAL SHIPS

HASSETT: FED SHOULDN'T HIKE, WILL HAVE ROOM TO CUT

HASSETT: FED HAS BEEN BEHIND THE CURVE, PLENTY OF ROOM FOR CUT

GREECE PLANS CAPITAL GAINS TAX ON CRYPTO, SOURCES SAY

ASIAN UNEMPLOYMENT RATE CLIMBED TO 3.8% FROM 3.3% BLACK UNEMPLOYMENT RATE SLID TO 6.6% FROM 7.3% HISPANIC UNEMPLOYMENT RATE HELD AT 5.0% WHITE UNEMPLOYMENT RATE TICKED UP TO 3.8% FROM 3.7%

TWO-YEAR US TREASURY YIELDS RISE TO 4.147%, HIGHEST SINCE FEB 2025

SPOT GOLD EXTENDS DECLINE, LAST DOWN 1.1% TO $ 4,425.03/OZ

JOBS REPORT SHOWS STRONG UPSIDE REVISIONS The May jobs report came in stronger than expected, with major upward revisions to prior months. Employment in March and April was revised up by a combined 93,000, including +29,000 in April and +64,000 in March. The data suggest the

US TWO-YEAR YIELD SEES 7BP SURGE POST PAYROLLS

US RATE FUTURES STILL PRICE IN FED ON HOLD IN JUNE POLICY MEETING

US INTEREST RATE FUTURES RAISE ODDS OF DECEMBER RATE HIKE AFTER JOBS DATA TO 63% VS 48% JUST BEFORE

TWO-YR U.S. TREASURY YIELD LAST UP 5.6 BASIS POINTS AT 4.105% YIELD ON 10-YR U.S. TREASURY NOTES INCREASES AFTER PAYROLLS DATA, LAST UP 4.7 BASIS POINTS AT 4.524%

US LABOR MAY NONFARM PAYROLLS +172K; CONSENSUS +80K US MAY UNEMPLOYMENT RATE 4.3%; CONSENSUS 4.3% US MAY AVERAGE HOURLY EARNINGS +0.32%, OR +$0.12 TO $37.53; OVER YEAR +3.45% US MAY PRIVATE SECTOR PAYROLLS +120K AND GOVERNMENT PAYROLLS +52K US MAY AVERAGE WORKWEEK UNCHANGED

U.S. MAY NONFARM PAYROLLS +172,000 (CONSENSUS +85,000)

BITCOIN SLUMP CUTS U.S. GOVERNMENT HOLDINGS IN HALF The value of U.S. government bitcoin holdings has fallen to $20.8B from a $40.7B peak in October, according to Glassnode, as the crypto market declines. The stash was built through seized criminal assets, and in March 2025

🔸 U.S. May Nonfarm Payrolls Due 8:30 a.m. ET; Seen +80K 🔸 U.S. May Unemployment Rate Due 8:30 a.m. ET; Seen 4.3%

US PREMARKET MOVERS – JUNE 5, 2026 S&P 500 Index futures are down 0.5% at 7:51 a.m. in New York, as the AI trade continues to weaken. Nasdaq 100 futures fall 1.1%, while Dow Jones Industrial Average futures edge up 0.2%. The MSCI World Index is little changed. Magnificent Seven

GERMANY FOREIGN MINISTRY WARNS AGAINST TRAVEL TO KUWAIT, STATEMENT SAYS GERMAN FOREIGN MINISTRY URGENTLY WARNS AGAINST TRAVEL TO BAHRAIN

U.S. WITKOFF, KUSHNER VISIT RUSSIA NOT EXPECTED SOON - IFX

IRAN'S NAVY SAYS IT FIRED WARNING SHOTS AT U.S. DESTROYERS IN GULF OF OMAN - STATE MEDIA

CRYPTO MARKET EXTENDS SELL-OFF AMID GLOBAL UNCERTAINTY Cryptocurrencies are under sustained selling pressure, heading for a sixth straight day of losses. Sentiment is hurt by Middle East tensions, expectations of higher U.S. rates, ETF outflows, and Strategy’s reported bitcoin

FED POLICY RISKS AI-FUELED STOCK BUBBLE, BCA WARNS BCA Research warns Federal Reserve risks inflating a stock bubble by underestimating AI-driven inflation and keeping rates too low. Peter Berezin says AI is pushing up costs such as electricity and memory chips, while rising

SPACEX IPO EXCLUDES CHINA AND HONG KONG CAPITAL SpaceX is blocking investors from China and Hong Kong from its $75B IPO, instructing underwriters to reject related orders, according to Bloomberg. Access from parts of Hong Kong and Shanghai was also reportedly restricted. The

$TSLA - MORGAN STANLEY ANALYSTS SEE SPACEX REVENUE REACHING $3.4T IN 2040, SOURCES SAY MORGAN STANLEY PROJECTS SPACEX'S ADJUSTED EBITDA TOPS $2.7T IN 2040, SOURCES SAY

$LLY - GLP-1 MARKET TO HIT $150 BILLION BY 2030 TD Cowen raised its global GLP-1 sales forecast to $150 billion by 2030, up from $139 billion, driven by stronger demand for diabetes and obesity treatments. The firm now expects 59 million patients on GLP-1 therapies by 2030.

MARKETS AT THEIR FROTHIEST SINCE 2008 Citi warns global stocks are at their frothiest level since the 2008 financial crisis, with its Bear Market Checklist reaching 10/18 risk flags globally. Rising valuations, bullish sentiment, AI-driven spending, and increased IPO activity

TRUMP: WE'RE GOING TO TAKE CARE OF CUBA

TRUMP ON IRAN: I DON'T WANT TO MEET SUPREME LEADER

TRUMP ON IRAN: WE DO NOT NEED A DEAL WITH AN IRAN TO GET THEIR ENRICHED URANIUM

TRUMP ON IRAN: THEY CANNOT HAVE A NUCLEAR WEAPON

TRUMP ON IRAN: IF THEY KILLED U.S. TROOPS, IT WOULD BE A GOOD REASON TO RESTART CONFLICT

DocuSign $DOCU Q1: - Revenue: $830.2M vs $824.8M est, beat - Adjusted EPS: $1.09 vs $0.99 est, beat - Free cash flow: $289.4M - Adjusted gross margin: 81.5%

ServiceTitan $TTAN Q1: - Revenue: $268.8M vs $256.7M est, beat - Gross profit: $193.8M - Net income: -$22.8M - EPS: -$0.24

Lululemon $LULU Q1: - Revenue: $2.50B vs $2.43B est, beat - EPS: $1.69 vs $1.68 est, beat - Comparable sales: +1% - Americas net revenue: -3% - China mainland: +30% Guidance: - Q2 revenue: $2.45-2.475B vs $2.60B est, light - Q2 EPS: $1.76-1.81 vs $2.68 est, well below - FY

Planet Labs $PL Q1: - Revenue: $94.2M vs $89.9M est, beat - Adjusted EPS: -$0.03 vs -$0.04 est, beat - Gross profit: $50.4M - Net income: -$138.9M FY revenue guidance: $425-441M vs $425.1M est.

Samsara $IOT Q1: - Revenue: $478.8M vs $455.2M est, beat - Adjusted EPS: $0.17 vs $0.13 est, beat - Adjusted gross margin: 76% Q2 guidance: - Revenue: $482-484M vs $480.1M est - Adjusted EPS: $0.15-0.16 vs $0.15 est Beat and raise.

TRUMP ON UKRAINE WAR: THEY NEED TO MAKE CERTAIN COMPROMISES

TRUMP: BUILDING A PROMENADE ONTO THE LINCOLN MEMORIAL

PENTAGON LIKELY TO CANCEL MISSILE SALE TO GERMANY OVER FEARS OF RUSSIA - POLITICO

TRUMP: WE WILL BUILD NEW COAL PLANTS

TRUMP: $700 MILLION INVESTMENT IN COAL

TRUMP: WE'RE TAKING HISTORIC ACTION TO BRING DOWN PRICE OF ENERGY USING COAL

Cognizant $CTSH announces a partnership with ServiceNow $NOW to accelerate AI governance at enterprise scale.

RUSSIA'S PUTIN: WHY WOULD RUSSIA ATTACK NATO?

SCHMID: INFLATION IS TOO HIGH; IT HAS BEEN A FIVE YEAR FIGHT AND THE FED IS STILL TRYING TO FIGURE IT OUT

DALY: OIL PRICES ARE PUSHING UP ENERGY AND FOOD PRICES

RUSSIA'S PUTIN: UKRAINE IS LOSING TERRITORIES

FED'S DALY: JUST BECAUSE WE HAVE SIMILARITIES TO THE 90S DOESN'T MEAN IT WILL BE THE 90S

ISRAELI MILITARY SAYS SIRENS SOUNDED IN NORTHERN ISRAEL AS HEZBOLLAH LAUNCHED SEVERAL ROCKETS TOWARD IDF SOLDIERS OPERATING IN SOUTHERN LEBANON

GOLDMAN SAYS BUY DIPS AS EQUITY GAINS COOL Goldman Sachs expects equity returns to moderate after a strong rally but maintains an overweight stance over 12 months. Strategist Christian Mueller-Glissmann says markets have rebounded to near record highs, driven by tech earnings

BESSENT: IRAN CONFLICT 'HAS BEEN HALTED'

IMF WARNS U.S. INFLATION RISKS PUSH FED CAUTION IMF sees rising U.S. inflation pressures from higher tariffs and renewed energy costs feeding into headline inflation. It urges the Federal Reserve to proceed cautiously, citing persistent upside risks. The IMF now expects a return

IMF FLAGS OIL PRICE RISK FROM IRAN WAR IMF says global oil prices are ~3% above levels used in its April 3.1% global growth baseline. It estimates Iran-related disruptions have curtailed ~14M barrels/day of production, with price outlook tied to reopening of the Strait of

GOLDMAN SEES SPACEX AI REVENUE EXPLODING TO $322B BY 2030 Goldman Sachs projects SpaceX AI revenue rising from $3.2B in 2025 to $322B by 2030, a ~100x increase, forming the core justification for its $1.78T IPO valuation. Total revenue is forecast to reach $474B, with Starlink

GOLDMAN SACHS EXPECTS SPACEX’S AI REVENUE TO SURGE 100 TIMES BY 2030

$QNT - QUANTINUUM SHARES INDICATED TO OPEN AT $70 IN NASDAQ DEBUT VS $60 IPO PRICE

$SPCX - SPACEX IPO SETS $75B RECORD LISTING TERMS SpaceX set IPO terms at $135 per share, raising about $75 billion through 555.6 million shares, implying a $1.75 trillion valuation. The roadshow begins with institutional orders processed via S&P Global’s Equity Bookbuild

ISRAELI MILITARY SAYS SIRENS SOUNDED IN NORTHERN ISRAEL AS IMPACTS OF SUSPICIOUS AERIAL TARGETS WERE IDENTIFIED IN THE AREA WHERE IDF SOLDIERS ARE OPERATING IN SOUTHERN LEBANON

*SUPREME COURT BOLSTERS SEC'S POWER TO RECOUP ILLEGAL GAINS

DOW EXTENDS GAINS TO HIT A RECORD HIGH; LAST UP 1.6% OR 790 POINTS

Chai Discovery announces a license agreement with Pfizer $PFE to accelerate drug discovery with AI.

IRAN'S REVOLUTIONARY GUARDS SAY THE REGION WILL NEVER BE STABLE UNLESS ISRAEL WITHDRAWS FROM 'OCCUPIED AREAS' IN LEBANON - STATE MEDIA

CRYPTO STOCKS DROP AS BITCOIN NEARS 4-MONTH LOW Crypto-related stocks fell as Bitcoin hit a near four-month low. Bit Digital dropped 4%, Coinbase slid 0.4%, while Riot Platforms lost 2.7%, MARA Holdings 2.2%, and Hut 8 fell 4.9%. Bitcoin ETFs also weakened, with ProShares

U.S. WILL UPHOLD TARIFF CAPS IN DEALS WITH EU, JAPAN AND OTHERS, U.S. TRADE REPRESENTATIVE GREER SAYS

SPOT SILVER RISES MORE THAN 3% TO $74.97/OZ

RUSSIA'S PUTIN DOES NOT PLAN TO MEET WITH U.S. DELEGATION IN ST PETERSBURG - TASS

🇺🇸PRESIDENT DAILY SCHEDULE 🔸8:00 AM — Executive Time (Closed Press) 🔸9:00 AM — In-Town Pool Call Time 🔸11:00 AM — Intelligence Briefing (Closed Press) 🔸3:00 PM — Announcement on “Beautiful, Clean Coal” (Oval Office, Press Pool) 🔸5:30 PM — Policy Meeting (Closed Press)

$TSLA - TESLA MODEL Y L US ENTRY COULD BOOST SALES TD Cowen reiterates Buy on Tesla with a $490 target, highlighting upside if the Model Y L (long-wheelbase, 3-row SUV) enters the US. Analyst Itay Michaeli estimates 60k–135k annual demand, ~30% above current Model Y volumes.

SILVER47 ANNOUNCES 3 RIG DRILL PROGRAM TO AGGRESSIVELY EXPAND EXISTING 168.6 MILLION SILVER EQUIVALENT OUNCE RESOURCE AT ITS RED MOUNTAIN SILVER AND CRITICAL MINERALS PROJECT IN ALASKA

US FINAL 1Q LABOR COST RISES 1.8% Q/Q; EST. +2.5%

US JOBLESS CLAIMS +13K TO 225K IN MAY-30 WK; SURVEY 215K US MAY-23 WEEK CONTINUING CLAIMS -8K TO 1,777,000 US MAY-23 WEEK JOBLESS CLAIMS REVISED TO 212K

RUSSIA'S NOVAK: I HAVE MET SAUDI ENERGY MINISTER, WE AGREED THERE IS UNCERTAINTY ABOUT OIL DEMAND RUSSIA'S NOVAK: ALL THE OIL MARKETS ESTIMATES SHOULD BE DRASTICALLY REVISED

LEBANON'S HEZBOLLAH CHIEF SAYS SAYS AS LONG AS OUR VILLAGES ARE BEING BOMBED AND OUR PEOPLE KILLED, NORTHERN ISRAEL WILL NOT BE SAFE

RUSSIA , U.S. ARE ACTIVELY DISCUSSING JOINT PROJECTS IN RUSSIAN ARCTIC - RIA CITES DMITRIEV

NASDAQ 100 FUTURES EXTEND DECLINES, LAST DOWN 1.2% DOW FUTURES EXTEND GAINS, LAST UP 0.8%

BRENT , WTI CRUDE FUTURES EXTEND LOSSES, DOWN OVER 3%, ON HOPES FOR US-IRAN PEACE DEAL BREAKTHROUGH

CRYPTO STOCKS SLIDE AS BITCOIN HITS 4-MONTH LOW Bitcoin fell to a nearly four-month low of $61,311 before rebounding to around $62,580, pressured by geopolitical tensions, ETF outflows, and Strategy’s first Bitcoin sale in years. The decline weighed on crypto-related stocks,

$SPCX IPO: $75B RAISE TARGET SPCX Space Exploration Technologies has filed for an IPO of 555.56 million Class A shares, according to an SEC filing. The offering is expected to be priced at $135 per share, implying a potential capital raise of approximately $75 billion.

ISRAELI MILITARY SAYS FIGHTING IN SOUTH LEBANON CONTINUES, WARNS LEBANESE RESIDENTS FROM MOVING SOUTH

Autodesk $ADSK signs a strategic collaboration agreement with Amazon Web Services $AMZN.

BREAKING: SpaceX $SPCX launches its IPO at an expected price of $135/share, offering 555.56M Class A shares, per an SEC filing. At $135/share, the offering raises ~$75B. Implies a valuation of approximately $1.75T.

Honeywell's $HON Quantinuum prices its upsized US IPO at $60/share, raising $1.68B, per a source.

TRUMP: TRYING TO SEPARATE ISSUE OF OPENING HORMUZ STRAIT AND HOSTILITIES IN LEBANON

Trump: Iran and Lebanon wars are separate

TRUMP ON IRAN'S ENRICHED URANIUM: I WANT TO GET IT

TRUMP ON IRAN'S ENRICHED URANIUM: WE WILL GO GET IT AT SOMETIME NOT TOO DISTANT FUTURE

Trump: Iran did agree to us going in and digging up enriched uranium and then they didnt agree

Trump: It takes two to tango

TRUMP ON IRAN: THEY ARE CLOSE TO SIGNING PAPERS

PVH $PVH Q1: - Revenue: $2.03B vs $2.00B est, beat - Gross profit: $1.19B - Net income: $88M - EPS: $1.90 Expects to repurchase at least $300M in shares in 2026.

Zillow Group $ZG authorizes an additional $1.25B stock repurchase and amends its program to limit any single shareholder to 45% voting power, effective today, per an SEC filing.

Estée Lauder $EL now expects $1.5-1.7B in pre-tax restructuring and other charges from its program, per an SEC filing.

Broadcom $AVGO Q2: - Revenue: $22.19B vs $22.27B est, slight miss - Adjusted EPS: $2.44 vs $2.40 est, beat - Net income: $9.31B Q3: AI semiconductor revenue expected to grow over 200% YoY to $16B. Dividend: $0.65/share quarterly.

Meta $META, Microsoft $MSFT, Coinbase $COIN, Starlink, and law enforcement join forces to disrupt criminal scam networks in Southeast Asia.

ChargePoint $CHPT Q1: - Revenue: $101.8M vs $96.4M est, beat - Gross profit: $29.6M - Gross margin: 29% - Net income: -$43.2M - EPS: -$1.75

Veeva $VEEV Q1: - Revenue: $882.9M vs $853.6M est, beat - Subscription revenue: $730.2M, +15% YoY - Adjusted net income: $371.1M vs $356.7M est, beat - Adjusted operating income: $395.4M vs $380.9M est, beat Guidance: - Q2 revenue: $902-905M - Q2 non-GAAP EPS: $2.21-2.22 -

Five Below $FIVE Q1 earnings: - Sales: $1.29B vs $1.23B est, beat - Pretax profit: $162.5M vs $131.7M est, beat - Net income: $123.1M - EPS: $2.21 Guidance raised: - Q2 net sales: $1.18-1.20B vs $1.15B est, above - FY net sales: $5.40-5.48B vs $5.36B est, above - FY adjusted

IRAN'S DEFENSE MINISTRY SAYS IT WILL USE ALL OF ITS POWER TO REINFORCE DEFENSIVE CAPABILITIES - STATE MEDIA

TRUMP: I'LL BE GOING TO G7 IN FRANCE IMMEDIATELY FOLLOWING UFC EVENT AT WHITE HOUSE

Uber $UBER has committed close to $500M in self-driving startup Nuro, per Reuters. The total includes a follow-on investment larger than its initial stake in a $203M round, plus milestone-based funding. Some milestones have already been met and triggered fund releases. Remaining

IRAN'S STATE MEDIA SAYS IRAN TARGETED A U.S. MILITARY SHIP HOSTING A 'CONTROL AND COMMAND CENTER' APPROACHING IRANIAN TERRITORIAL WATERS IN THE GULF OF OMAN

Honeywell Aerospace $HON investor day highlights: - 6-8% revenue CAGR through 2030, comprising mid-to-high single digit growth in commercial OE and aftermarket, mid single digit in defense and space - International defense business expected to grow at high single digit rate from

IRAN'S TASNIM CITES REVOLUTIONARY GUARDS AS SAYING THAT THE DESTRUCTION OF AIRPORT TERMINAL WAS CAUSED BY ERROR IN U.S. PATRIOT SYSTEMS AFTER FAILING TO INTERCEPT IRANIAN MISSILES

IRAN'S TASNIM CITES REVOLUTIONARY GUARDS AS SAYING THAT IT DID NOT FIRE AT KUWAIT AIRPORT

RUBIO ASKED IF GREENLAND IS PART OF DENMARK: "FOR NOW" Marco Rubio said U.S.–Denmark–Greenland talks on collective defense are “in a good place,” focusing on missile defense and military cooperation. Asked if Greenland is part of Denmark, he replied: “For now.” He added

IRAN'S FARS CITING MEMBER OF MEDIA TEAM IN TEHRAN NEGOTIATING TEAM: IRAN'S RESPONSE TO LATEST DRAFT FROM U.S. HAS NOT BEEN YET SENT TO WASHINGTON

POSSIBLE SCREWWORM CASE IN TEXAS UNDER INVESTIGATION Samples from two calves on a ranch in La Pryor, Texas, have been sent for testing after a suspected case of New World screwworm infestation, according to Texas Representative Don McLaughlin. No case has been confirmed, and

FED SEES MODEST RISE IN BANK LOAN DELINQUENCIES The Federal Reserve System reported a modest increase in U.S. loan delinquencies across consumer, commercial, and residential real estate categories in 2025, while overall loan growth remained steady. Despite the uptick, banks

IRAN: TALKS CONTINUE, NO FINAL DEAL YET Iran’s Fars News Agency reported that negotiations remain ongoing and no final decision has been reached. According to a member of Tehran’s negotiating team, the first phase of talks in Islamabad stalled because Iran refused to enter

MEMBER OF MEDIA TEAM IN TEHRAN NEGOTIATING TEAM: WE WILL NOT ENTER AN AGREEMENT IN WHICH LEBANON IS IGNORED

IRAN'S FARS CITING MEMBER OF MEDIA TEAM IN TEHRAN'S NEGOTIATING TEAM: REASON THAT FIRST PHASE OF ISLAMABAD TALKS WERE NOT SUCCESSFUL IS IRAN'S REFUSAL TO ENTER INTO NUCLEAR NEGOTIATIONS

IRAN'S FARS NEWS AGENCY CITING MEMBER OF MEDIA TEAM IN TEHRAN'S NEGOTIATING TEAM: TALKS ARE STILL ONGOING, AND NO FINAL DECISION HAS BEEN MADE

TRUMP WILL ATTEND NEXT MEETING OF NATO HEADS OF STATE, RUBIO SAYS

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

Google $GOOGL Labs introduces Dreambeans, an AI feature that generates personalized daily stories. Rolling out today for eligible Google AI Ultra subscribers (18+) in the US on Android and iOS.

$VOO - VOO BECOMES FIRST ETF TO CROSS $1 TRILLION Vanguard S&P 500 ETF has become the first ETF ever to surpass $1 trillion in assets, driven by a $1.7B latest-session inflow and over $69B in 2026 inflows, according to Bloomberg data. Already the world’s largest ETF, VOO now

RUBIO: U.S. IS NOT WITHHOLDING MILITARY AID TO TAIWAN, IT IS UNDER REVIEW

IRAN'S FOREIGN MINISTER ARAQCHI: ANY 'HOSTILE' ACT WILL BE MET WITH AN IMMEDIATE, DECISIVE RESPONSE

IRAN'S FOREIGN MINISTER: OUR ARMED FORCES ARE CONDUCTING SELF-DEFENSE STRIKES ON SITES THE U.S. IS PERMITTED TO USE TO ATTACK CIVILIAN SHIPPING AND VIOLATE THE CEASEFIRE

MUSK’S XAI PAUSES HIRING FOR SPECIALISTS TO TRAIN GROK CHATBOT

BESSENT: INFLATION IS GOING TO BE A SHORT TERM BLIP

NETANYAHU: WE WANT TO CHANGE RELATIONSHIP WITH U.S. FROM AID TO PARTNERSHIP NETANYAHU: I WANT U.S. ISRAEL TO INVEST EQUALLY, SHARE IN FRUITS OF INVESTMENTS

NETANYAHU: 'MARKETS ARE NOT WRONG'

DALIO SAYS AI BUBBLE WILL BURST EVENTUALLY

NETANYAHU: WE DO OUR BEST TO AVOID CIVILIAN CASUALTIES

US FEDERAL RESERVE CHAIR KEVIN WARSH HAS HIRED PAUL WINFREE AND DANIEL HEIL AS INTERIM ADVISERS TO WORK WITH HIM AT THE CENTRAL BANK- CNBC

*QUANTINUUM IPO IS SAID TO BE MORE THAN 20 TIMES OVERSUBSCRIBED

NETANYAHU: YOU HAVE ENORMOUS CRACKS IN IRAN RIGHT NOW NETANYAHU: I BELIEVE ULTIMATELY THESE CRACKS WILL PROPOGATE, REGIME WILL FALL

NETANYAHU: WHETHER U.S. WILL RETURN TO MILITARY ACTION, WILL LEAVE THAT TO TRUMP

U.S. CRUDE FUTURES EXTEND GAINS, UP 1.7%

NETANYAHU: TRUMP CAN'T SIMPLY OPEN STRAIT OF HORMUZ DUE TO RISK TO SHIPS

NETANYAHU: OPENING STRAIT OF HORMUZ IS POSSIBLE MILITARILY

NETANYAHU: IRAN 'PLAYING WITH FIRE'

NETANYAHU: WHEN WE FIGHT IRAN, PROXIES, WE'RE FIGHTING U.S.'S WAR AND EUROPE'S WAR

NETANYAHU ON HEZBOLLAH: MANY OF THOSE TARGETING ISRAEL ARE IN BEIRUT

NETANYAHU: IF WE WANT ISRAEL-LEBANON PEACE, WE HAVE TO DEMILITARIZE HEZBOLLAH

NETANYAHU ON CNBC: NEED WAY TO GET OUT NUCLEAR MATERIAL FROM IRAN

NETANYAHU: NOT GETTING INTO DETAILS ON TRUMP COMMENTS ON CALL

UBER CUTS 23% OF PEOPLE DIVISION AS NEW PRESIDENT TAKES CHARGE

FED'S WILLIAMS: HIGHER ENERGY PRICES ARE DRIVING UP COSTS AND INFLATION - YAHOO

IRAQ'S PRIME MINISTER ORDERS RESUMPTION OF OPERATIONS BY OIL COMPANIES IN KURDISTAN REGION STARTING THURSDAY - STATEMENT

FACTORY ORDERS (APR) 4.8% VS 4.6% EXPECTED ISM SERVICES (MAY) 54.5 VS 53.8 EXPECTED

Alphabet $GOOGL sold $35B in underwritten public offerings this week, bringing total fundraising to $85B, per WSJ.

US MAY S&P GLOBAL SERVICES PMI (FINAL) 50.7, PRIOR 50.9

Meta $META announces an enterprise-focused AI Business Agent and Business Agent Platform.

HEZBOLLAH SAYS IT FIRED ROCKETS ON ISRAELI SOLDIERS IN NORTHERN ISRAEL

$INTC - INTEL SHARES UP 7.3% AFTER FALLING FOR THE LAST FIVE SESSIONS

Alphabet $GOOGL upsizes its capital raise to $84.75B from $80B after demand exceeded expectations.

$GOOGL - ALPHABET UPSIZES CAPITAL RAISE TO $84.75B FROM $80B GOOGLE EQUITY RAISE EXCEEDS EXPECTATIONS

$AAPL - WWDC26 UNLIKELY TO BOOST APPLE SHARES, SAYS UBS Apple Inc. is unlikely to see a share price boost from its WWDC26 keynote, according to UBS Group AG analyst David Vogt. He maintains a Neutral rating and $296 target. The event is expected to focus on software rather

IAEA WARNS OF HIGHER IRAN NUCLEAR RISK AFTER STRIKES The UN nuclear watchdog International Atomic Energy Agency says the risk of Iran secretly developing nuclear weapons has increased since the June 2025 US-Israeli strikes, according to Bloomberg. Inspectors no longer regularly

KUWAIT SUMMONS IRANIAN CHARGE D'AFFAIRE, DECLARES TWO DIPLOMATS PERSONA NON GRATA OVER 'ONGOING AGGRESSIONS' - FOREIGN MINISTRY

IRAN NUCLEAR RISK SEEN HIGHER THAN BEFORE TRUMP ATTACKS BEGAN- IAEA

DOLLAR COULD RISE ON WARSH RATE-HIKE SIGNAL The dollar may strengthen if incoming Fed Chair Kevin Warsh signals openness to rate hikes at the June 16–17 meeting, says TD Securities strategist Howard Du. The Federal Reserve System is seen as more hawkish than peers (except ECB),

YARDENI TURNS CAUTIOUS DESPITE S&P 500 RALLY Yardeni Research, the most bullish Wall Street forecaster with an 8,250 S&P 500 target, says it is turning cautious in the near term despite the index topping 7,600. It cites Middle East tensions, tight oil supply risks, potential Fed

*US ADP MAY PRIVATE EMPLOYMENT RISES 122K; EST. +117K

KALSHI FLAGS SANTOS BETS TO DOJ OVER TRADING Kalshi reported former Rep. George Santos to the U.S. Department of Justice over suspicious trading activity tied to bets against his own stated attendance at Trump’s State of the Union, the AP reported. The trades were also flagged

U.S. GOVERNMENT HAS INFORMED NATO ALLIES U.S. WOULD "RIGHTSIZE" ITS CONTRIBUTIONS TO THE NATO FORCE MODEL, U.S. EUROPEAN COMMAND SAYS

KUWAIT DEFENCE MINISTRY SAYS IT ENGAGED 13 MISSILES AND 17 DRONES FROM IRAN

ISRAELI MILITARY SAYS IT INTERCEPTED TWO PROJECTILES THAT CROSSED FROM LEBANON INTO ISRAELI TERRITORY

TRUMP DAILY SCHEDULE — WEDNESDAY, JUNE 3, 2026 🔸8:00 AM — Executive Time (White House, closed press) 🔸9:00 AM — In-Town Pool Call Time 🔸11:00 AM — Policy Meeting (Oval Office, closed press) 🔸2:00 PM — Policy Meeting (Oval Office, closed press) 🔸3:00 PM — Signs Executive

TEN OFFICIALS INCLUDING US SPECIAL ENVOY STEVE WITKOFF REPORTED FINANCIAL INTERESTS IN ELON MUSK’S SPACEX OR IN XAI

STRIPE, VISA, MASTERCARD TO BACK NEW STABLECOIN PLATFORM - COINDESK COINBASE ALSO MULLS BACKING NEW STABLECOIN PLATFORM

EU FACES 1.3 MILLION JOB LOSSES AS ENERGY COSTS SOAR The EU could lose up to 1.3 million jobs this year as higher energy prices linked to the U.S.-Iran conflict hit industry, Labour Commissioner Roxana Minzatu said. The automotive sector faces the biggest risk, with up to

TRUMP CLASHES WITH NETANYAHU OVER LEBANON STRIKES President Trump said he used strong language in a call with Israeli Prime Minister Benjamin Netanyahu, urging him to halt military operations in Lebanon amid efforts to preserve peace talks with Iran. Trump said both Israel and

$TSLA - TESLA-SPACEX MERGER BET GAINS MOMENTUM Wedbush maintains its view that Tesla and SpaceX could merge in 2027 following SpaceX’s IPO, assigning an 80%+ probability to the deal. The firm points to Tesla’s stake in SpaceX, growing operational ties, and a joint Terafab

BITCOIN HIT BY GEOPOLITICS AND RATE FEARS Bitcoin remains under pressure as U.S.-Iran tensions escalate following an exchange of strikes. Sentiment is also being weighed down by continued ETF outflows, Strategy’s first bitcoin sale since 2022, and rising expectations of a

OPENAI’S SAM ALTMAN WILL BE ATTENDING G7 CONFERENCE IN FRANCE LATER THIS MONTH AFTER INVITATION FROM FRENCH PRESIDENT EMMANUEL MACRON- CNBC

TRUMP: VANCE AND RUBIO RUNNING TOGETHER AS A TEAM WOULD BE UNBEATABLE

TRUMP ON IRAN: WE DONT NEED BOOTS ON THE GROUND NOW

TRUMP SAYS HE WAS DISTURBED AT ISRAEL'S NETANYAHU CONSTANTLY FIGHTING WITH LEBANON

TRUMP: HAVE A GOOD RELATIONSHIP WITH NETANYAHU

IRAN'S MEHR NEWS AGENCY, CITING LOCAL SOURCES AND RESIDENTS, SAYS EXPLOSIONS HEARD IN THE AREA OF QESHM ISLAND

GameStop $GME Q1: • Sales: $835.3M • Net income: $389.6M • Operating income: $143.3M • Gross profit: $340.3M • Adjusted EPS: $0.30 Approves $2B share repurchase authorization through June 2029.

GitLab $GTLB Q1: - Revenue: $264.2M - Adjusted EPS: $0.23 - Adjusted gross margin: 88% - EPS: -$0.03

Sportsman's Warehouse $SPWH Q1: - Revenue: $256.1M - EPS: -$0.56 - Adjusted EPS: -$0.39 - Adjusted EBITDA: -$8.1M - Operating income: -$18.1M

Texas Instruments $TXN names Julie Knecht as CFO, effective August 1. Current CFO Rafael Lizardi will serve as advisor through August 31.

Microsoft $MSFT Build : Hardware: Surface RTX Spark Dev Box, Cobalt 200 chip preview, Project Solara (chips running AI agents rather than apps — desktop via MediaTek, portable via Qualcomm $QCOM), quantum machine targeting 2029. Models: family of 7 new AI models —

Microsoft $MSFT says its new quantum chip is targeting a useful quantum machine by 2029.

Microsoft $MSFT announces "Project Solara" at Build: chips will run AI agents rather than apps, communicating directly with cloud data centers. - Desktop device built with MediaTek silicon previewed - Portable device for on-the-go agent interactions in partnership with Qualcomm

Microsoft $MSFT Build Conference highlights from CEO Nadella: - Expanding Windows AI APIs to more PCs - Announces Aion reasoning and planning models - Announces Surface RTX Spark Dev Box, a compact developer PC - Preview of Cobalt 200 chip - Added more data center capacity in

TRUMP SAYS US–IRAN TALKS CONTINUE, PUSHES DEAL Trump denies reports that US–Iran communication has stopped, calling them “fake news.” He says talks have continued daily, including recent days. He adds that Iran must reach a deal, warning the current situation cannot continue

TRUMP SAYS US IRAN TALKS CONTINUE DAILY TRUMP WARNS IRAN MUST MAKE DEAL TRUMP DENIES REPORTS US IRAN HALT TALKS TRUMP SEES NO BREAK IN TALKS

*TRUMP: FALSE TO SAY US, IRAN STOPPED SPEAKING *TRUMP: CONTINUOUSLY TALKING TO IRAN, TODAY

TRUMP ON IRAN: CONVERSATIONS BETWEEN US HAVE BEEN GOING ON CONTINUOUSLY

KALSHI TAKES AIM AT WALL STREET After disrupting sportsbooks, prediction market platform Kalshi is now challenging traditional exchanges. Following CFTC approval, Kalshi became the first U.S. venue to offer Bitcoin perpetual futures—leveraged contracts with no expiration date.

Rubio: Iran is looking at hundreds of billions of dollars to reconstruct

Rubio: The war in Iran is over

BOFA SEES RISING US REFLATION ODDS INTO 2027 Bank of America says recent macro data increases the odds of a US reflation mini-cycle lasting through 2027–2028. The bank expects the cycle to remain intact but sees limited upside in peak Treasury yields, while favoring tactical

WHITE HOUSE: TRUMP SIGNS EXECUTIVE ORDER PROMOTING ADVANCED ARTIFICIAL INTELLIGENCE INNOVATION AND SECURITY

*RUBIO: IT CAN TAKE UPWARD OF 6 DAYS TO GET RESPONSE FROM IRAN

RUBIO: INDICATIONS IRAN SUPREME LEADER STILL ALIVE

RUBIO: THERE ARE INDICATIONS THAT IRAN'S SUPREME LEADER IS INCREASINGLY ENGAGING AT SOME LEVEL

*TRUMP TO GET AUDIT IMMUNITY EVEN AS $1.8 BILLION FUND IN DOUBT

RUBIO: IRAN WILL NOT GET SANCTIONS RELIEF JUST FOR REOPENING STRAIT OF HORMUZ

RUBIO SAYS CONDITION NO 1 IN IRAN TALKS IS THAT IRAN OPENS THE STRAIT OF HORMUZ RUBIO: IRAN HAS TO ANNOUNCE VERY CLEARLY HORMUZ STRAIT IS NOW OPEN RUBIO: IRAN ALSO HAS TO COMMIT TO SPECIFIC NEGOTIATIONS ON DISPOSITION OF HIGHLY ENRICHED URANIUM

RUBIO SAYS: THERE IS A PROSPECT THAT IRAN HAS AGREED TO NEGOTIATE ASPECTS OF NUCLEAR PROGRAM THAT THEY PREVIOUSLY REFUSED TO MENTION IN DICUSSIONS

RUBIO SAYS: WE ARE IN TALKS WITH IRAN

RUBIO: TODAY THERE IS NO IRANIAN NAVY

RUBIO SAYS: IRANIAN CONVENTIONAL SHEILD HAS BEEN SUBSTANTIALLHY ERODED

RUBIO SAYS: IRAN STILL HAS A LOT OF DRONES

GEN Z TILTS LEFT AS TRUST IN ESTABLISHMENT ERODES Young Americans are increasingly sympathetic to socialist ideas, with surveys showing strong support for socialism and even some openness to communism. Analysts link this shift to economic insecurity, housing costs, and distrust

U.S. JOLTS JOB OPENINGS 7.618 MLN IN APR (CONSENSUS 6.880 MLN) (MAR 6.887 MLN) - LABOR DEPT

$MSTR - STRATEGY SHARES SLIDE 6.6% TO OVER ONE-MONTH LOW

NED DAVIS RESEARCH RAISES ITS 2026 YEAR-END S&P 500 INDEX TARGET TO 7950

*OIL FUTURES REVERSE LOSSES, WTI TRADES NEAR $92 A BARREL

FED'S HAMMACK: MAIN CONCERN IS INFLATION IS TOO HIGH AND IS STILL RISING

IRAN SAYS U.S. MESSAGE EXCHANGE HALTED An Iranian source says there is currently no message exchange with the U.S., contradicting claims of ongoing progress. The source reports talks on an initial understanding have stalled for several days. It also noted Iran’s last

IRAN'S FARS NEWS AGENCY CITING SOURCE: THE LATEST MESSAGE FROM IRAN TO U.S. WAS 'A CLEAR MESSAGE ABOUT LEBANON'

🚨 IRAN'S FARS NEWS AGENCY CITING SOURCE: MESSAGE EXCHANGE BETWEEN IRAN AND U.S. TO REACH AN MOU HAS STOPPED A FEW DAYS AGO

IRAN MILITARY SIGNALS ESCALATION OPTIONS Senior Iranian commander Brig. Gen. Mohammad Jafar Asadi says Iran has not yet deployed all its “trump cards,” warning additional capabilities remain available if needed. He accused the U.S. of seeking Iran’s surrender, which he said is

*TRUMP APPOINTS PULTE AS ACTING DNI *TRUMP SAYS PULTE TO RETAIN FHFA ROLE *TRUMP CLAIMS PULTE MANAGES $10T HOUSING PORTFOLIO *TRUMP SAYS PULTE BRINGS NATIONAL SECURITY EXPERIENCE

USTR GREER: INFLATION FROM TARIFFS DID NOT HAPPEN

SPACEX WANTS A FEE CUT FROM IPO BANKERS TARGETING $500 MILLION WINDFALL

GOLDMAN SEES RESILIENT US ECONOMY DESPITE COST PRESSURES Goldman Sachs reports strong Q1 earnings across S&P 500 firms, with real revenues up 6.3% excluding energy. Companies showed little spending slowdown despite geopolitical tensions, though margins face pressure from higher

BRAZIL SENATOR FLAVIO BOLSONARO: URGED TRUMP TO NOT IMPOSE TARIFFS ON BRAZILIAN COMPANIES; TARIFFS ARE NOT THE SOLUTION

$MSTR - MSTR ANALYST KEEPS NEUTRAL, STAYS ON SIDELINES Monness Crespi Hardt reiterated a Neutral rating on Strategy (MSTR), with a ~$130 fair value estimate. The firm cited a recent $14.5B bitcoin-related loss, shifting capital strategy, and the company’s move to sell BTC

ISRAEL CLAIMS U.S. SUPPORT FOR LEBANON STRIKES Israeli Defense Minister Israel Katz says the U.S. backs Israel’s plan to strike Beirut’s Dahiyeh district if Hezbollah attacks continue. He claimed such operations were previously held back due to U.S. efforts on Iran talks, but

FED’S HAMMACK: WORRIED MONETARY POLICY MAY NOT BE TIGHT ENOUGH TO LOWER INFLATION

FED’S HAMMACK: MAIN CONCERN IS GROWING RISK OF PERSISTENT INFLATION PRESSURES

FED’S HAMMACK: ‘REASONABLE’ TO KEEP RATES STEAY FOR NOW GIVEN UNCERTAINTIES

"YOU'RE FUCKING CRAZY" President Trump reportedly blasted Israeli Prime Minister Netanyahu in a heated call, accusing him of escalating the conflict in Lebanon and jeopardizing U.S.-Iran negotiations. According to sources, Trump warned that a strike on Beirut would further

AI RALLY FLASHING WARNING SIGNS: BARCLAYS Barclays says the AI-driven stock rally is becoming increasingly vulnerable as investor euphoria, crowded positioning, and interest-rate risks build. While strong earnings and AI optimism continue to support markets, the bank warns a

$MSTR - STRATEGY'S BITCOIN U-TURN:WSJ For years, Michael Saylor urged investors to never sell bitcoin—famously saying, “Sell a kidney if you must, but keep the bitcoin.” Now, his company, Strategy, is preparing to sell part of its bitcoin holdings to remain solvent. The irony is

Coca-Cola $KO exploring a 2027 public listing in India for Hindustan Coca-Cola Holdings, the parent of its largest bottler in the country. Also exploring selling a portion of its stake in connection with the listing.

LOCAL UKRAINIAN AUTHORITIES ASK PEOPLE IN KYIV TO TAKE SHELTER, AIR RAID SIRENS IN KYIV ON

*TRUMP TO ABC: STILL HAVE TO GET TO A 'FEW MORE POINTS' ON MOU

TRUMP SAYS HE THINKS IRAN DEAL COULD HAPPEN OVER NEXT WEEK: ABC

TRUMP TO ABC: IRAN ANGER W/ ISRAEL ATTACK ON LEBANON A 'GLITCH'

TRUMP SAYS HE THINKS HE WILL HAVE AN AGREEMENT WITH IRAN TO EXTEND THE CEASEFIRE AND REOPEN THE STRAIT OF HORMUZ "OVER THE NEXT WEEK" -ABC NEWS

ALPHABET ANNOUNCES PROPOSED $80 BILLION EQUITY CAPITAL RAISE TO EXPAND AI INFRASTRUCTURE AND COMPUTE

Alphabet $GOOGL raises $80B in equity to fund AI infrastructure buildout: • $15B underwritten offering of Class A/C common stock • $15B in mandatory convertible preferred stock (depositary shares, converts ~May 2029) • $40B at-the-market program starting Q3 2026 (~$30B

Credo Technology $CRDO Q4: - Revenue: $437M vs $432M est, beat - Adjusted EPS: $1.16 vs $1.03 est, beat - Adjusted net income: $226.7M vs $202.7M est, beat - Gross margin: 68.2% Q1 guide: revenue $465-475M vs $461.6M est, above.

Minerva Neurosciences $NERV establishes a scientific advisory board to advance development of roluperidone and future pipeline programs. Topline data from its 12-week Phase A trial expected in 2H 2027.

Hewlett Packard Enterprise $HPE Q2 earnings: - Revenue: $10.68B vs $9.79B est, massive beat - Net income: $624M - Operating cash flow: $1.4B Guidance: - Q3 adjusted EPS: $0.88-0.93 vs $0.58 est, well above - FY revenue growth: 29-33% - FY adjusted EPS: $3.35-3.45 vs $2.43 est,

IRAN'S REVOLUTIONARY GUARDS QODS FORCE COMMANDER QAANI: ISRAELI OPERATIONS IN LEBANON AND GAZA WILL LEAD THE RESISTANCE AXIS TO 'EQUATE THE TRAFFIC SITUATION OF THE BAB EL MANDEB STRAIT WITH THE STRAIT OF HORMUZ'

OpenAI breaks ground on The Barn, a 1GW data center campus in Saline, Michigan. - Partners: Related Digital, Oracle $ORCL, Walbridge, and Blackstone $BX - Projected to generate $1B in tax revenue over the lease term - Expected to create 2,500+ union construction jobs and 450

TRUMP PLANS TO DROP "WEAPONIZATION" FUND -AXIOS

TRUMP: TALKS ARE CONTINUING, AT A RAPID PACE, WITH ISLAMIC REPUBLIC OF IRAN

*TRUMP: HAD GOOD CALL W/ HEZBOLLAH *TRUMP: HEZBOLLAH AGREED ALL SHOOTING WILL STOP

TRUMP: I HAD A VERY PRODUCTIVE CALL WITH PRIME MINISTER BIBI NETANYAHU

ISRAEL IS AWAITING TRUMP'S FINAL APPROVAL FOR ANY OPERATION IN BEIRUT'S SOUTHERN SUBURBS – TWO ISRAELI SOURCES

MANHATTAN URANIUM FILES TECHNICAL REPORT FOR I-70 PROJECT IN UTAH AFTER COMPLETING ACQUISITION OF SEVERAL PAST-PRODUCING URANIUM MINES

TRUMP PREDICTS OIL PRICES WILL FALL "LIKE A ROCK" SOON.

IRAN'S FOREIGN MINISTRY: CEASEFIRE VIOLATION IN ONE FRONT IS EQUAL TO VIOLATION ON ALL FRONTS

IRAN'S FOREIGN MINISTRY: IRAN WILL CONTINUE TO MAKE USE OF ALL ITS CAPABILITIES, BASED ON ITS RIGHT OF SELF-DEFENSE, TO PROTECT ITS INTERESTS WHENEVER NECESSARY

TRUMP: I DON'T CARE IF NEGOTIATIONS WITH IRAN ARE OVER

TRUMP SAYS HE IS NOT WORRIED ABOUT OIL PRICES IF IRAN BLOCKS STRAIT OF HORMUZ

Vertiv $VRT introduces its first converged physical infrastructure digital twin for Nvidia's $NVDA Omniverse DSX platform.

TRUMP ON IRAN: HE'S NOT HEARD FROM IRAN ON REPORTS THEY'RE SUSPENDING TALKS

TRUMP TO NBC: WE'LL KEEP THE BLOCKADE IN HORMUZ

TRUMP TELLS NBC NEWS REPORTER ON IRAN TAHT HE'S NOT HEARD FROM IRAN ON REPORTS THEY'RE SUSPENDING TALKS

ANTHROPIC: CONFIDENTIALLY SUBMITS DRAFT S-1 FOR PROPOSED IPO OF OUR COMMON STOCK

ADVISOR TO IRAN'S SUPREME LEADER MOHSEN REZAEI: THE STRAIT OF HORMUZ IS UNDER IRAN'S MANAGEMENT, WE WILL NOT ALLOW THE BLOCKADE TO CONTINUE - POST X

REZAEI: WE WILL NOT TOLERATE THE INCREASE OF TENSION IN LEBANON, PATIENCE OF IRAN'S ARMED FORCES HAS A LIMIT

IRAN'S STATE TV SAYS PROBABILITY OF CEASEFIRE BETWEEN IRAN AND U.S. ENDING IS HIGH IF ATTACKS ON LEBANON DO NOT STOP

ISRAELI MILITARY ISSUES EVACUATION ORDER FOR RESIDENTS OF BEIRUT'S SOUTHERN SUBURBS

IRAN'S PEZESHKIAN: WE WILL TRY TO MAKE THE PASSAGE OF JAPANESE SHIPS THROUGH HORMUZ EASIER

IRAN'S PRESIDENT PEZESHKIAN IN CALL WITH JAPANESE PM: IRAN HAS FULL READINESS TO FACILITATE MARINE TRAFFIC - STATE MEDIA

SPACEX RESERVES 5% OF IPO SHARES FOR INSIDERS SpaceX will allocate up to 5% of its IPO shares to employees and executives’ friends and family, according to an updated filing. Unlike most IPO investors, participants won’t face lock-up restrictions. Meanwhile, over 60% of

OIL PRICES RISE DESPITE TRUMP SIGNALS OF IRAN DEAL Oil prices climbed Monday after weekend U.S.–Iran exchanges reignited geopolitical tensions. Brent rose 2.8% to $93.63 and WTI gained 3.4% to $90.29, reversing part of May’s sharp 19% decline in Brent. The move followed

$AMC - AMC ENTERTAINMENT - RECORDS HIGHEST MAY ATTENDANCE SINCE 2019

$TSLA - TESLA NEW REGISTRATIONS IN NORWAY +28.7% YEAR-ON-YEAR IN MAY, COMPILER OFV SAYS

🚨US MILITARY: LAST NIGHT AT 11 P.M. ET, U.S. FORCES SUCCESSFULLY INTERCEPTED TWO IRANIAN BALLISTIC MISSILE TARGETING AMERICAN FORCES BASED IN KUWAIT US MILITARY: MISSILES WERE IMMEDIATELY DEFEATED AND NO AMERICAN PERSONNEL WERE HARMED

$MSTR - MICROSTRATEGY SELLS 32 BTC FOR $2.5M AT AVERAGE OF $77.135M: FILING

$TSLA - TESLA REGISTRATIONS SURGE ACROSS EUROPE Tesla registrations jumped sharply in May across Europe, according to industry data. Sweden rose 71%, Denmark 136%, Spain 113%, and France surged 655% year-on-year. The broader EV market also grew, with electrified vehicles up

$AMZN $GOOGL - EU CLOUD RULES COULD HIT BIG TECH BIDS A draft EU cloud computing law could make it harder for Amazon, Google and Microsoft to win contracts for "very critical" cloud services in Europe. The proposal would introduce mandatory non-price criteria in public

IRAN WARNS OF CONSEQUENCES FOR LEBANON CEASEFIRE BREACHES Iranian Foreign Minister Abbas Araqchi said Monday that the ceasefire between Iran and the U.S. covers all fronts, including Lebanon, after Israel ordered strikes on Hezbollah-linked areas in southern Beirut. In a post

IRAN'S REVOLUTIONARY GUARDS NAVY SAYS 15 SHIPS, INCLUDING 4 OIL TANKERS, PASSED THROUGH STRAIT OF HORMUZ AFTER OBTAINING PERMISSION FROM IRAN IN THE LAST 24 HOURS

IRAN'S TOP NEGOTIATOR QALIBAF: NAVAL BLOCKADE BY U.S. AND ESCALATION OF WAR CRIMES IN LEBANON BY ISRAEL ARE CLEAR EVIDENCE OF U.S. NONCOMPLIANCE WITH THE CEASEFIRE - POST ON X

KUWAIT SAYS IRANIAN ATTACKS UNDERMINE EFFORTS TO REDUCE TENSIONS IN THE REGION

IRAN'S FOREIGN MINISTER TO STATE MEDIA: WE CAN NOT JUDGE THE TALKS UNTIL WE GET TO A CLEAR RESULT

IRAN'S FOREIGN MINISTER: WE SHOULD NOT GIVE IMPORTANCE TO SPECULATION

FirstEnergy $FE files to offer up to $3B in various securities, per an SEC filing.

Meta $META shareholders reject six proposals at annual meeting, per SEC filing: - Dual class capital structure reform - AI data usage oversight report - Annual vote on executive pay - Data protection impact assessment for AI chatbots - Child safety improvements in executive

Devon Energy $DVN received an ~$8B offer from asset manager Stone Ridge to buy its Marcellus position, per sources. The deal would be funded using the largest ABS financing ever in US oil and gas.

BESSENT: TRUMP SHOULD BE ON A $250 BILL

BESSENT: US HAS SEIZED $1 BILLION IN IRANIAN CRYPTO ASSETS

US Space Force awards SpaceX $SPCX a $4.16B contract for its Space-Based Airborne Moving Target Indicator program.

IRANIAN AIR DEFENCE DESTROYS US-ISRAELI ENEMY MICRO DRONE NEAR QESHM ISLAND - TASNIM

AIR DEFENCE ACTIVITY REPORTED NEAR IRAN'S QESHM ISLAND -MEHR

IRAN'S BAGHAEI SAYS THE MANAGEMENT OF THE STRAIT OF HORMUZ MUST BE DECIDED BY IRAN AND OMAN

IRAN'S BAGHAEI SAYS NO AGREEMENT HAS BEEN FINALISED WITH THE UNITED STATES SO FAR

SENIOR IRANIAN SOURCE TO REUTERS: A POLITICAL UNDERSTANDING HAS BEEN REACHED BETWEEN IRAN AND THE U.S., BUT IT HAS NOT YET BEEN FINALISED

FARS: IMMEDIATE PAYMENT OF $12 BILLION FROM IRAN'S FROZEN ASSETS IS INCLUDED IN MOU

IRAN'S FARS AGENCY : INFORMED SOURCES STRESSED THERE IS NO PROVISION ABOUT DESTROYING TEHRAN'S NUCLEAR MATERIALS IN MOU, CLAIM IS FUNDAMENTALLY 'BASELESS'

TRUMP CLAIMS IRAN IS OBLIGATED TO OPEN THE STRAIT OF HORMUZ WITHOUT CHARGING FEES, EVEN THOUGH THERE IS NO SUCH CLAUSE IN THE AGREEMENT

FARS: IRAN HAS STRESSED THAT AFTER THE US BLOCKADE IS LIFTED, IT WILL REOPEN THE STRAIT OF HORMUZ ACCORDING TO ITS OWN PRE-DETERMINED ARRANGEMENTS

FARS, CITING SOURCES, SAYS TRUMP'S COMMENTS ARE AN 'ATTEMPT TO PORTRAY A FABRICATED VICTORY'

🚨 AGREEMENT IS IN THE FINAL STAGES OF RATIFICATION IN IRAN AND A FINAL DECISION HAS NOT YET BEEN MADE - SOURCE SAYS

PUTIN ON DRONE IN ROMANIA: I HAVE JUST HEARD ABOUT THIS PUTIN: I HEAR SOME DRONE FLEW IN ROMANIA, I DON'T KNOW WHAT THE DRONE IS PUTIN: NO ONE CAN TELL ABOUT THE ORIGIN OF A DRONE PUTIN: UKRAINIAN DRONES FLEW INTO POLAND AND BALTIC STATES BEFORE

IRAN'S FARS NEWS AGENCY SAYS IRANIAN SOURCES DENY TRUMP'S LATEST COMMENTS

📅KALSHI LAUNCHES AMERICA’S FIRST PERPETUAL FUTURES Kalshi today announced the launch of perpetual futures contracts, becoming the first company in U.S. history to offer regulated perpetuals. Pending regulatory approval, U.S. investors will soon be able to trade crypto perpetual

IRAN'S FOREIGN MINISTER ARAQCHI SAYS HE HAD PRODUCTIVE CALL WITH OMAN'S FOREIGN MINISTER, EXPRESSED IRAN'S SOLIDARITY WITH OMAN IN FACE OF ANY THREAT - POST ON X

IRAN'S FOREIGN MINISTER ARAQCHI: WE DISCUSSED HORMUZ AND ITS FUTURE ADMINISTRATION IN LINE WITH OUR SOVEREIGN RESPONSIBILITIES AND INTERNATIONAL LAW

Apollo $APO and Blackstone $BX are working to syndicate a ~$36B debt deal to help Anthropic build AI infrastructure, per Bloomberg. Structure: the debt will be used to purchase Google $GOOGL TPU chips, which Anthropic will then lease. Broadcom $AVGO — which helps develop the

Dell $DELL earnings call highlights: - Exited the quarter with a record $51.3B AI backlog in the pipeline - Demand continues to exceed supply, memory is the primary constraint - AI factory customer count surpassed 5,000 across neo cloud, sovereigns, and enterprise - Excluding AI

Amazon $AMZN scraps its internal AI leaderboard to stop workers from chasing usage scores, per the FT.

Etsy $ETSY enters letter agreement with eBay $EBAY for the sale of Depop, per an SEC filing.

Viasat $VSAT Q4 FY2026: - Revenue: $1.2B FY2027 guidance: - Revenue: mid-single-digit YoY growth - Adjusted EBITDA: flat to up slightly YoY - Capex: $950M-$1.0B

Gap $GAP Q1 earnings: - Net sales: $3.50B vs $3.52B est, slight miss - Adjusted EPS: $0.38 vs $0.37 est, beat - Comparable sales: +2% vs +3.1% est, miss Guidance: - Q2 net sales: flat to -1% vs +2.1% est, well below - Q2 gross margin: flat to -50bps - FY net sales: +1-2% vs

IRAN'S TASNIM NEWS AGENCY SAYS SOUNDS COMING FROM THE SEA ARE CAUSED BY FIRE EXCHANGE IN WARNING TO SHIPS IN THE STRAIT OF HORMUZ

Costco $COST Q3 FY2026 earnings: - Net sales: $69.15B, +11.6% YoY - Membership fees: $1.37B - Net income: $2.19B - EPS: $4.93 vs $4.28 YoY Comparable sales (Q3): - US: +9.4% (+6.8% ex-gas/FX) - Canada: +10.7% - International: +11.2% - Total: +9.8% (+6.6% ex-gas/FX) -

UiPath $PATH Q1 earnings: - Revenue: $418M vs $397.8M est, beat - ARR: $1.90B - Adjusted operating income: $92M - Adjusted gross margin: 83% Beat across the board.

SentinelOne $S Q1 earnings: - Revenue: $277M vs $277.3M est, in-line - ARR: $1.16B - Adjusted gross margin: 77% - Cash & investments: $812M Q2 guidance: - Revenue: $289-291M vs $292M est, light

Red Robin $RRGB selling 30 locations to Evergreen Dining for $23.5M in cash as part of a refranchising agreement. Proceeds go toward debt paydown and execution of its "First Choice Plan." Deal expected to close in 2H 2026.

NextPower's $NXT deal to acquire Prevalon Energy includes $150M in cash, $50M in stock, and up to $165M in contingent cash, per an SEC filing.

MongoDB $MDB Q1 earnings: - Revenue: $687.6M vs $667.9M est, beat - Adjusted EPS: $1.32 vs $1.18 est, beat - Adjusted net income: $112.3M vs $104.3M est, beat - Net income: $4.4M Beat across the board.

Autodesk $ADSK Q1 earnings: - Revenue: $1.93B vs $1.89B est, beat - Adjusted EPS: $2.99 vs $2.84 est, beat - Adjusted operating margin: 39% Beat across the board.

Autodesk $ADSK to acquire MaintainX for $3.6B in an all-cash deal, funded with cash on hand and debt financing. MaintainX expects ARR to exceed $135M in 2026, growing over 50%. Acquisition advances Autodesk's unified operations platform.

Okta $OKTA Q1 earnings: - Revenue: $765M vs $751.9M est, beat - Subscription revenue: $750M - Net income: $74M - EPS: $0.42

IRAN'S FARS SAYS EXACT DESTINATION OF THE MISSILES NOT YET CLEAR

IRAN'S FARS: IRAN'S ARMED FORCES CARRIES OUT A MISSILE LAUNCH OPERATION FROM SOUTHERN REGIONS OF THE COUNTRY TOWARD SPECIFIED TARGETS

Walmart $WMT expands 30-minute-or-less delivery to 33 US markets. Available to Walmart+ members for a $10 fee.

📊POLITICS JUST GOT ITS OWN STOCK TICKER Kalshi has launched the American Power Index — a real-time market-based measure of who holds political power in the US. The index combines control of the House, Senate, and Presidency with prediction market forecasts, creating a single

Amazon $AMZN plans to make Grok models available on its flagship AI service, per Business Insider.

Anthropic's new round with Micron $MU, Samsung, and SK Hynix joining as significant investors.

SPOT GOLD EXTENDS GAINS, LAST UP NEARLY 1% AT $4,498.63/OZ

🚨 US-IRAN MEMORANDUM OF UNDERSTANDING ON 60-DAY CEASEFIRE EXTENSION REACHED BUT TRUMP MUST STILL APPROVE -SOURCE FAMILIAR WITH THE MATTER

US CRUDE OIL STOCKS -3.327 MLN BBL AT 441.686 MLN BBL

US OFFICIAL: STRAIT OF HORMUZ INCIDENTS DO NOT THREATEN IRAN TALKS

IRAN–U.S. DEAL REPORTEDLY BLOCKED AT TOP LEVELS A source cited by i24NEWS claims that while an agreement was reached between Iranian negotiator Araghchi and the U.S. team led by Witkoff, it has not been approved by Iran’s senior leadership. According to the report, Mojtaba

ANY WILLING PARTNERS IN TOLLING IN STRAIT OF HORMUZ WILL BE PENALIZED -BESSENT

OMAN SHOULD KNOW THAT U.S. TREASURY WILL TARGET ANY ACTORS INVOLVED IN FACILITATING TOLLS FOR STRAIT OF HORMUZ -BESSENT

WHITE HOUSE DAILY CALENDAR — MAY 28, 2026 🔸08:00 AM — Executive Time (Closed Press) 🔸09:00 AM — In-Town Pool Call Time 🔸10:00 AM — Pre-Taped Interview (Closed Press) 🔸02:00 PM — Signing Time, Oval Office (Closed Press) 🔸02:00 PM — Treasury Briefing w/ Sec. Scott Bessent (On

U.S. TREASURY YIELDS FALL AFTER AXIOS REPORTS US AND IRAN REACH DEAL TO EXTEND CEASEFIRE BUT NEEDS TRUMP OK; YIELD ON 10-YEAR TREASURY NOTES LAST DOWN 2.8 BASIS POINTS AT 4.453%

OIL PRICES TURN NEGATIVE AFTER REPORT SAYS US AND IRAN REACHED DEAL

🚨 U.S.–IRAN DEAL PENDING TRUMP APPROVAL U.S. and Iranian negotiators have agreed on a 60-day ceasefire and framework for nuclear talks, but the deal still awaits final approval from President Trump. The memorandum would reopen negotiations on Iran’s nuclear program, ensure

🚨 U.S. AND IRAN REACH DEAL BUT NEED TRUMP'S FINAL APPROVAL, OFFICIALS SAY -AXIOS

GAS PRICES POST BIGGEST DROP OF 2026 U.S. gas prices fell 15.2¢/gal in a week to about $4.405/gal, with diesel at $5.52/gal (GasBuddy). Prices could fall further, but remain volatile amid U.S.–Iran tensions.

Gemini integrates SpaceX $SPCX AI Intelligence to power its prediction markets platform.

Microsoft $MSFT to release a new coding model next week in a comeback attempt, per The Information.

Robinhood $HOOD launches its official Trump Accounts app, now available for download. Eligible children born 2025 through 2028 can receive a $1,000 initial contribution from the US Treasury.

US APR NEW HOME SALES -6.2% TO 622K; CONSENSUS 663.0K US MAR NEW HOME SALES REVISED TO 663K FROM 682.0K US APR NEW HOME SALES SUPPLY AT 9.4 MONTHS

FED'S WILLIAMS: HIT TO INFALTION LIKELY TO PEAK IN NEXT FEW MONTHS

BARCLAYS SAYS FERRARI LUCE SELL-OFF OVERDONE Ferrari shares fell after criticism of its first EV, the Luce, but Barclays says the sell-off is excessive. The bank notes the model will represent only a small portion of sales and is one of 20 launches planned through 2030.

GOLDMAN'S WALDRON: GEOPOLITICS SUPPLY SHOCKS COULD GET WORSE

GOLDMAN'S WALDRON: INFLATION IS PROBABLY THE SINGLE BIGGEST RISK ELEMENT

BESSENT: HAVE SANCTIONED IRAN’S PERSIAN GULF STRAIT AUTHORITY

BESSENT: WE WILL BE SHUTTING DOWN BOTH IRANIAN AIRLINES’ ACCESS TO LANDING SPOTS, REFUELING, AND TICKET SALES.

FED’S WILLIAMS: HIGHER PRODUCTIVITY RATES CAN RAISE REAL INTEREST RATE

FED STILL FACING INFLATION PRESSURE FROM ENERGY SHOCK The Fed’s preferred inflation gauge slowed in April but remained well above the central bank’s 2% target, highlighting ongoing pressure from rising energy costs linked to the Iran war. The PCE price index rose 0.4% in April

US DHS SECRETARY MULLIN SAYS AGENCY COULD SOON STOP PROCESSING INTERNATIONAL TRAVELERS AT NEWARK AIRPORT OVER IMMIGRATION DISPUTE - FOX NEWS INTERVIEW

SPOT GOLD HOLDS LOSSES AFTER US ECONOMIC DATA, LAST DOWN 1.5% AT $4,392.57/OZ

*US APRIL PCE PRICE INDEX RISES 0.4% M/M; EST. +0.5% *US APRIL PCE PRICE INDEX RISES 3.8% Y/Y; EST. +3.8% *US APRIL CORE PCE PRICE INDEX RISES 0.2% M/M; EST. +0.3% *US APRIL CORE PCE PRICE INDEX RISES 3.3% Y/Y; EST. +3.3%

US JOBLESS CLAIMS +5K TO 215K IN MAY-23 WK; SURVEY 213K US MAY-16 WEEK CONTINUING CLAIMS +15K TO 1,786,000 US MAY-16 WEEK JOBLESS CLAIMS REVISED TO 210K

US PRELIM Q1 GDP +1.6% (CONSENSUS +2.0%)

RUSSIAN FOREIGN MINISTRY ON U.S. SENDING ADDITIONAL TROOPS TO POLAND: THIS COULD LEAD TO ESCALATION OF TENSIONS BETWEEN RUSSIA AND THE WEST

ECB ACCOUNTS: UPSIDE RISKS TO INFLATION AND DOWNSIDE RISKS TO GROWTH HAD INTENSIFIED. ECB ACCOUNTS: WEAKNESS COULD PERSIST WELL BEYOND THE END OF THE CONFLICT

RUSSIAN FOREIGN MINISTRY ON CLAIMS THAT RUSSIA IS JAMMING GPS SIGNALS IN EUROPE FROM KALINIGNGRAD: LET THEM PROVIDE PROOF

ISRAEL MILITARY SAYS IT CARRIED OUT A STRIKE IN LEBANON'S BEIRUT

KUWAIT CONDEMNS IRANIAN ATTACKS ON ITS TERRITORY ON THURSDAY - STATEMENT

IRAN'S IRGC SAY TEHRAN IS CONTROLLING AND MANAGING THE STRAIT, ANY DISRUPTION WILL BE MET WITH 'DECISIVE RESPONSE'

IRAN'S IRGC SAY OBTAINING PERMISSION AND COORDINATING WITH NAVY ARE MANDATORY TO PASS THROUGH HORMUZ

IRAN'S IRGC SAY 26 VESSELS PASSED THROUGH THE STRAIT OF HORMUZ IN THE PAST 24 HOURS - SNN

Pentagon awards Microsoft $MSFT a 5-year, $9.69B enterprise software contract, per Reuters. The Core Enterprise Technology Agreement consolidates Microsoft 365, cloud, and on-prem licenses scattered across the military services, intelligence community, and Coast Guard into a

American Superconductor $AMSC Q4 earnings: - Revenue: $86.4M vs $82.1M est, beat - Net income: $4.5M - Operating income: -$522K Q1 guidance: - Revenue: above $85M - Net income: above $3M, or $0.07/share

Minerva Neurosciences $NERV to offer and sell up to $75M in common stock through Leerink Partners, per an SEC filing.

Carnival $CCL discloses data breach. IT security team identified unauthorized activity on an employee account on April 14. Bad actor illegally accessed personal info including names, addresses, emails, phone numbers, DOBs, and government-issued ID numbers. Offering 2 years of

Braze $BRZE Q1 earnings: - Revenue: $211M vs $205.2M est, beat - EPS: -$0.24 - Operating income: -$27.5M Guidance: - Q2 revenue: $219.5-220.5M vs $216.5M est, above - Q2 adjusted EPS: $0.15-0.16 vs $0.15 est - FY27 revenue: $895-899M - FY27 adjusted EPS: $0.61-0.65

HP $HPQ Q2 earnings: - Adjusted EPS: $0.86 vs $0.71 est, beat - Adjusted net income: $790M vs $660.5M est, beat - Net income: $450M - Free cash flow: $800M Guidance: - Q3 adjusted EPS: $0.61-0.71 vs $0.64 est - FY adjusted EPS: $2.90-3.10 vs $2.89 est Beat with in-line guide.

Synopsys $SNPS Q2 earnings: - Revenue: $2.28B vs $2.25B est, beat - Adjusted EPS: $3.35 vs $3.15 est, beat - Adjusted net income: $643.7M vs $607.2M est, beat FY guidance: - Revenue: $9.63-9.71B - Adjusted EPS: $14.72-14.80

Marvell $MRVL Q1 earnings: - Revenue: $2.42B vs $2.40B est, beat - Adjusted EPS: $0.80 vs $0.79 est, beat - Gross margin: 52.1% Q2 guide: - Revenue: $2.7B vs $2.60B est, well above - Gross margin: 52.1-53.1% "Seeing exceptional AI-related bookings," significantly raising

Snowflake $SNOW Q1 earnings: - Product revenue: $1.33B - Product gross profit: $947.5M - Operating income: -$326.2M - EPS: -$0.86 Signed multi-year strategic collaboration with AWS $AMZN to accelerate enterprise agentic AI. Committing $6B in Graviton compute and AI spend on AWS

Salesforce $CRM Q1 earnings: - Revenue: $11.1B vs $11.05B est, beat - Adjusted EPS: $3.88 vs $3.12 est, beat - Adjusted operating margin: 34.8% - Entered $25B accelerated share repurchase Guidance: - Q2 revenue: $11.27-11.35B vs $11.36B est, light - Q2 adjusted EPS: $3.25-3.27

Meta $META rolling out paid subscription tiers across its apps, per TechCrunch: - Instagram Plus: $3.99/mo - Facebook Plus: $3.99/mo - WhatsApp Plus: $2.99/mo Subscribers get access to extra features.

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