- All three major indexes climbed for a second straight day yesterday as traders
remained hopeful for a U.S.-Iran peace deal. President Donald Trump said in a
Fox Business interview aired this morning that the Iran war is “very close to
over” and predicted the stock market will “boom” once the conflict concludes.
- Bank of America and Morgan Stanley continued banks’ positive earnings season
this morning.
- Shares of Broadcom rose more than 3% in extended trading after Meta announced
an expanded partnership with the chipmaker yesterday. The agreement included a
commitment by Meta to deploy 1 gigawatt of its custom AI chips that are
supported by Broadcom technology.
- United Airlines CEO Scott Kirby reportedly pitched a merger with American
Airlines to the Trump administration earlier this year, but experts are all but
certain the tie-up wouldn’t land well with regulators.
