Brazil Planning Minister Moretti said oil-export tax receipts have been strong and are expected to reach 15.6 bln reais within four months.

President Trump said he plans to give Senate Minority Leader Schumer a nice Palestinian outfit to wear when Israeli Prime Minister Netanyahu visits next week, and said he believes the New York mayor also wants to meet Netanyahu.

Morgan Stanley says Intel has raised its full-year capital expenditure outlook to about $20bn from roughly $15bn and expects next-year spending to be materially higher; MS models roughly $30bn of capex in FY2027. The firm warns investor enthusiasm depends on confidence in long-term returns from the investments. Intel should benefit from AI demand that relies on its CPUs, supporting some server growth, but MS cautions server profitability partly requires continued supply tightness — abundant CPU supply could trigger share loss and price pressure.