WS #7730

The dominant signal in this window is the escalating US-Iran military tension, with multiple corroborating sources reporting that US and Israeli forces have completed preparations for a renewed campaign, Israeli intelligence suggests Trump has decided to attack Iran, and Vance stated the US can restart the military campaign. This is partially offset by Vance also saying progress has been made and that Iran wants a deal, but the overall arc is ESCALATING. Separately, Google I/O 2026 announcements are significant for GOOGL: Gemini 3.5 Flash is priced at half the cost of rivals, Gemini Omni for video generation, and a new $100 AI Ultra tier. A $196M dark pool order in GOOGL confirms institutional interest. NVDA earnings tomorrow remain a major event with options signaling a $350-355B swing. Trump's stock timing report on Eli Lilly is a political noise item but creates headline risk for LLY. The Southampton expulsion from play-offs is a non-market sports story. The Iran situation continues to be the key market-moving theme, with oil prices and energy stocks directly affected.