AI optimism lifts stocks, Iran talks stall, Brent $96
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Global stocks rallied on Tuesday, buoyed by AI optimism and rising uncertainty over a possible U.S.-Iran war settlement.
- Donald Trump said talks with Iran continued, while Iranian media reported Iran is reviewing a proposed agreement to halt the war but has not communicated with Washington for days.
- Brent futures rose 1.1% to $96 a barrel, the highest price since May 26.
- Anthropic confidentially filed for a U.S. IPO, moving ahead of rival OpenAI in the race to go public.
- Alphabet is seeking to raise $80 billion in equity to fund AI infrastructure expansion.
- US job openings surged to a near‑two‑year high in April, exceeding expectations.
- Nvidia CEO Jensen Huang said the company has enough supply for strong CPU/GPU growth but noted lingering supply constraints.
Why it matters: Investors benefit from the rally as AI‑driven tech stocks and oil gain, while the ongoing Iran talks keep geopolitical risk premium elevated; the financing pushes by Anthropic and Alphabet signal massive capital inflows into AI, and the strong US labor data supports consumer spending expectations.
Ask SkimNews
