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• President Trump issued a stark warning that the United States could be forced to take decisive military action against Iran if attacks on commercial shipping in the Strait of Hormuz continued — a statement made hours before both sides agreed to a ceasefire …
• The planned U.S.–Iran negotiations in Qatar represent the most substantive diplomatic engagement between the two adversaries since the Gulf conflict began in late February, with a durable agreement potentially removing the single largest near-term risk premium embedded in Brent crude (LCO) prices.
• Cerebras Systems (NASDAQ: CBRS) shares recovered sharply from a 52-week low of $160.81, gaining approximately 6% as Cathie Wood's ARK Investment Management accumulated $22.5 million worth of shares during the post-earnings selloff, signalling high-conviction belief in the wafer-scale inference thesis.
• Reports that OpenAI may postpone its highly anticipated initial public offering from late 2026 to 2027 dented investor confidence across AI-exposed equities including Nvidia (NVDA), Microsoft (MSFT), and Palantir (PLTR), compounding a week of tech sector selling driven by valuation concerns.
• Palantir Technologies (NASDAQ: PLTR) shares rose approximately 3% at Monday's open as AI software stocks broadly stabilised following a week of sharp rotation selling that had pushed several high-multiple names to short-term support levels.
• F5 Networks (NASDAQ: FFIV) reached a record closing price of $411.66, extending a year-to-date rally of over 54% fuelled by surging enterprise demand for AI application security, API governance, and distributed compute delivery infrastructure.
• ByteDance is targeting mass production of its proprietary CPU in H2 2027, with internal deployment already underway since late 2025, posing a structural demand threat to Nvidia (NVDA), AMD (AMD), and Arm Holdings (ARM) in the Chinese market.
• The final June Consumer Sentiment reading came in at 49.5, up from 44.8 in May, which was the lowest level on record, supported in part by a moderation in gasoline prices as the Strait of Hormuz situation eased.
• The S&P 500 fell approximately 2% on the week, closing below its 50-day moving average for the first time since April, while the Nasdaq lost close to 4.7% over the same period.
• SpaceX will join the Nasdaq 100 before trading opens on July 7, 2026, placing it among the 100 largest non-financial companies on the Nasdaq exchange.
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