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🚀 Trump expecting Iran deal
Market Overview
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| S&P 500 | 7,109.14 | 3.85% |
| Nasdaq | 24,404.39 | 5.00% |
| Russell 2000 | 2,792.96 | 12.53% |
| TSX | 34,360.03 | 8.35% |
| Bitcoin | $76,076.26 | -14.30% |
| Ethereum | $2,307.71 | -22.32% |
| US to Canadian Dollar | $1.36 | -0.35% |
President Donald Trump expressed high confidence Tuesday morning that the U.S. will secure a "great deal" with Iran to end the current conflict, even as he ruled out extending the ceasefire set to expire today. The President asserted that the Iranian leadership has "no choice" but to negotiate after the U.S. military effectively neutralized their navy, air force, and previous command structure. Trump also characterized the current situation as a form of "indirect regime change," noting that while it wasn't his stated goal, the removal of former leaders has paved the way for a more "rational" negotiating partner.
President Donald Trump signalled on Tuesday that he will "remember" and be "honoured" by U.S. companies that choose not to seek refunds for the $160 billion USD in tariffs recently ruled illegal by the Supreme Court. Following a 6-3 decision that voided his unilateral IEEPA (International Emergency Economic Powers Act) tariffs, U.S. Customs and Border Protection opened a portal for importers to reclaim their payments, yet giants like Apple and Amazon have notably abstained from filing so far. Trump described the decision to forgo these refunds as "brilliant," suggesting that corporations that prioritize the administration's fiscal stability over their own immediate recovery of capital will be viewed favourably in future dealings.
President Donald Trump announced Tuesday that a deal with Anthropic for Department of Defence (DOD) use is now "possible," marking a significant de-escalation after the company was labelled a national security risk in March. Following a productive White House meeting with CEO Dario Amodei and senior officials like Susie Wiles and Scott Bessent, the administration appears to be reconsidering the startup's role in the U.S. defence infrastructure. This pivot comes as Anthropic prepares to deploy its powerful new Mythos model, even as a temporary court injunction has blocked Trump’s previous Truth Social order to "IMMEDIATELY CEASE" all federal use of the company's technology.
Headlines
JPMorgan is expanding its $1.5T investment in European defence, energy and technology industries.
JPMorgan has raised its 2026 outlook for the S&P 500.
