WS #5870

The data window shows several notable developments. Intel (INTC) surged over 20% on its best day since 1987, driven by positive sentiment around CEO Lip-Bu Tan's leadership and potential AI/semiconductor catalysts. This is corroborated by multiple social posts and a Reddit thread highlighting the historic move. Separately, the DOJ dropped its criminal probe of Fed Chair Jerome Powell, removing a key uncertainty for markets and supporting Treasury bonds. On the geopolitical front, Iran's foreign minister arrived in Islamabad for ceasefire talks, with US envoys Witkoff and Kushner involved, which could de-escalate tensions and impact oil prices. However, Iran's Revolutionary Guards seized a ship suspected of collaborating with the US military, adding a counter-signal. The US also sanctioned a Chinese refinery and Iran's shadow fleet ahead of talks. In AI, Google committed up to $40 billion to Anthropic, following Amazon's $25 billion commitment, reinforcing the AI infrastructure theme. X-Energy (XE) popped 27% on its Nasdaq debut, signaling strong demand for nuclear energy. OpenAI released GPT-5.5, a new frontier model. In metals, Lumina Metals raised $297 million in a Canadian IPO, indicating strong demand for copper and silver. The Fifth Circuit tossed a challenge to Texas's S.B. 4 immigration law, allowing enforcement. Finally, a Reddit post highlighted that USA Rare Earth is buying Brazil's Serra Verde for $2.8 billion, positioning it as a Western rare earth producer outside China.