Iran peace talks lift markets (S&P +0.54%) — Trump sends 15-point proposal; Tehran rejects, demands Hormuz control. ARM +12% on plan to sell own chips with Meta as anchor customer. SpaceX files for IPO this week — $1.75T valuation, biggest in history. Google TurboQuant 6x memory compression sends MU -3.4%. AMD and Intel +7% on CPU price hike reports. Gold +2.3% to $4,535 as stagflation hedge persists.
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MIB: Iran Diplomacy Lifts Stocks, ARM Disrupts Nvidia’s Supply Chain, and the Recession Clock Keeps Ticking
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MIB: Four Days to War — Iran Denial Sends Gold to $4,509 as Tech Cracks and Bonds Flash Stagflation
Iran ceasefire countdown (4 days remain) fades as Iran denies talks — Gold surges to $4,509 (+1.58%). Alphabet (GOOGL -3.85%) faces EU DMA fine deadline tomorrow; potential $34B fine looms. Tech rotation intensifies: Nasdaq -0.77% vs. Russell 2000 +0.53%; Oracle -4.70% despite BofA Buy reinstated. GE Vernova +3.03% on Morgan Stanley $960 target. Richmond Fed manufacturing hits 0 — first non-negative in over a year. Goldman Sachs delays first Fed rate cut to September.
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