• Micron signed a Strategic Customer Agreement with General Motors to secure long-term memory and storage supply.
1. IRAN/DIPLOMACY:GhalibafWarns Iran "Prepared for War"; No Final Deal Talks Until MOU Terms Met; Qatar Holds Lower-Level Talks; Oil Below $70
• GIS shares climbed 5.2% in pre-market trading on July 1, 2026, after adjusted EPS of $0.95 beat the $0.82 consensus estimate by more than 15%.
• Palantir and NVIDIA launched an intelligent engine for deploying Nemotron open models in sovereign U.S. government environments.
• Confirmed Nasdaq-100 index inclusion takes effect July 7, expected to trigger forced index-fund buying around the July 6 rebalance.
• Reports indicate planned workforce reductions of up to 2.5%, or approximately 5,700 roles, across sales, consulting and Xbox.
• NFLX shares rose 1.48% pre-market to $72.46, recovering after falling 3.23% to near a 52-week low.
• ORCL shares rose 1.70% pre-market to $149.17, rebounding after seven straight sessions of declines.
• The company appointed Robin Hoksnes Karlsen as executive director, effective immediately.
• The company plans to raise $100 million in common stock and $300 million in convertible senior notes due 2031.