WS #7901

The dominant narrative remains the US-Iran conflict and its potential de-escalation, which is now ESCALATING in confirmation. Multiple independent sources (Newsbeep, Europesays, and a Bluesky post citing Al-Arabiya) report that a US-Iran deal has been finalised and an announcement is expected within hours. This is the highest-signal development in the window, as it would counter the prevailing bearish thesis on oil prices, inflation, and geopolitical risk. If confirmed, this would be a major counter-signal to the oil supply disruption narrative, likely driving oil prices lower and easing inflation fears. Separately, Nvidia CEO Jensen Huang declared that AI demand has 'gone parabolic,' reinforcing the bullish AI capex thesis. Meta submitted new FCC filings for AI glasses and a debug tool, indicating continued product development. A large dark pool trade of 150,000 shares of MU (Micron) worth $113.1M was detected, suggesting institutional interest. The Senate is reportedly going home until June, leaving the reconciliation bill unfinished, which could weigh on Republican-linked sectors. Argentina's economic activity surged 5.50% YoY vs 2.1% expected, a significant positive surprise. The IEA warned oil could enter the 'red zone' by July/August, but this is countered by the potential US-Iran deal. Bitcoin whales are distributing, with realized losses surging past $600M, pressuring BTC toward $76,000. The Fed minutes were described as the most hawkish in nearly three years, with a rate hike now being discussed, which weighs on growth stocks. SpaceX formally filed for a Nasdaq IPO, boosting Destiny Tech100 stock. Overall, the US-Iran deal report is the most actionable signal, with potential to reverse the oil supply disruption thesis and ease inflation fears, while the AI narrative remains strong.