WS #7894
No material new developments in the last 30 minutes. The Iran/oil/Hormuz crisis narrative remains dominant but unchanged, with no confirmed de-escalation or escalation signals. The potential draft deal between the U.S. and Iran remains unconfirmed and is not new. Other previously reported items (Stellantis plan, Nvidia target, Cuban Bitcoin sale, AAII sentiment, mortgage rates, Trump AI order, ICJ ruling) are stale and unchanged.
Key developments
- U.S. and Iran reach draft deal via Pakistani mediation, including ceasefire and sanctions relief
- Crude prices jump ~3% after Iran president says submission is a 'delusion'
- Trump abruptly scraps signing of landmark AI security executive order
- Nvidia reiterates $1T target by 2027 with $100B buyback; BofA says buy the dip
- Mark Cuban sells most of his Bitcoin, calls it a failed hedge
- Senate abandons reconciliation bill deadline, goes home until June