BANK OF AMERICA SHARES JUMP 3.8% TO HIGHEST IN TWO MONTHS

CADENCE DESIGN SYSTEMS, NVIDIA WORKING TOGETHER ON DEVELOPING AI FOR ROBOTICS - COMPANY EXECUTIVES AT CONFERENCE

- 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.