REHN: ECB KEEPING COOL HEAD, BROAD PERSPECTIVE ON IRAN

TWO KILLED, FOUR INJURED IN RUSSIAN DRONE ATTACK ON UKRAINE'S WESTERN CITY OF IVANO-FRANKIVSK, REGIONAL GOVERNOR SAYS

1. Market Overview (Pre-Market) S&P 500 futures: +0.9% Nasdaq 100 futures: +1.1% Dow Jones Industrial Average futures: +1.1% MSCI World Index: +0.4% Key driver: Markets are moving higher as the Trump administration pushes for talks with Iran, improving sentiment. 2. “Magnificent Seven” Performance Alphabet: +1% Amazon): +1% Apple: +0.8% Nvidia: +1.5% Meta Platforms: +0.9% Microsoft: +1.0% Tesla: +1.8% Summary: Broad-based gains across mega-cap tech stocks. Tesla leads among the group. 3. Major Individual Movers Arm Holdings (ARM): +12% • Plans to sell its own chips for the first time • New business expected to generate ~$15B annually within 5 years Blaize Holdings (BZAI): +42% • Reported Q4 results • Provided positive outlook, well received by analysts Braze (BRZE): +21% • Q1 revenue forecast above analyst estimates • Also beat Q4 revenue expectations Chewy (CHWY): +6% • Reported Q4 results (positive reaction) 3.3 M&A Activity Terns Pharmaceuticals (TERN): +5% Being acquired by Merck & Co. Deal value: $6.7 billion