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Trump announces an Iran deal for the 38th time / AI bubbly lev, price war / SpaceX : “We will lift-off well above IPO lev''

  • sc0172
  • 1 hour ago
  • 4 min read

  • SpaceX is expected begin trading on the Nasdaq today after raising $75 billion in the biggest-ever IPO and putting Elon Musk on the verge of becoming the first trillionaire. Shadow markets are pricing in a jump of at least 35% on its debut...bring it on !

  • Iran war updates : Trump was going to bomb the hell out of Iran, and on same day claimed the war is over, deal to be signed this weekend..Per Axios, Trump agreed that one option for resolving the enriched uranium standoff is down-blending the stockpile inside Iran under UN inspector supervision..Trump folding..

  • Markets : Stocks extended gains and oil slipped after Trump claimed, for the 28th time.. (amazing algo's love the news still), “we ended the war with Iran” and a deal may be signed as soon as this weekend. Global equity futures rose. The two sides agreed on an MoU, which still needs a final sign-off, to extend the truce for 60 days, ECB hiked as priced and expected. The UST Long Bond at or near 5% will be the tell going forward, as usual 10's UST finds some bond buyers above 4.5% yields., China's oil imports are COLLAPSING (thread)

  • OpenAI weighs major pricing shake-up to counter Anthropic as both companies eye trillion-dollar IPO dreams: Report, and pricing war starting !..

  • The drop in nitrogen fertilizer prices ..!.. India has received offers for its latest urea tender at an average price of $530 per tonne, down ~44% from $947 per tonne in April

  • China warns EU on new sanctions over Ukraine war, The EU needs to grasp a basic point: China is not a minor state waiting for lectures from Brussels...

  • WSJ - Inside the White House Freakout Over the Epstein Files...The president’s top advisers gathered in a series of Situation Room meetings as they struggled to contain a scandal engulfing Donald Trump himself

  • So Christine finally hiked from 2 to 2.25%, with headline inflation at 3.2%, major energy shock mentioned, that same ECB (and others) that saw inflation as transitory in 2022..., then they lowered 2026 and 2027's GDP forecasts by 0.1% to 0.8% and 1.2% respectively..not very consistent nor credible really, luckily many other CB's aren't either, FOMC and BoJ next week + SNB



Biggest news so far this week ! The AI bubble bursting

The banks don’t believe OpenAI is worth $850 bn then ? and thus other Ai valuation..

The same OpenAI lost $14 billion in 2026 (lost about 10bn last year)...which just filed for a $1 trillion IPO, looks totally normal ?..

SoftBank needed the loan to keep funding OpenAI., to fund the company they already own 13% of, with money borrowed against the stake they already own.

Masayoshi Son previously lost $70 billion on WeWork, he called it, at some point, the most valuable company in the world....

can only guess that the banks remembered WeWork............ fascinating times that for sure!


Prices coming DOWN ! ...after all that Capex spending on higher debt!




The EU needs to grasp a basic point: China is not a minor state waiting for lectures from Brussels.

If Europe sanctions Chinese, Turkish, Indian or other firms for not following its Russia policy, it should not be surprised when Beijing hits back.

Unilateral, extra‑legal sanctions are not “rules‑based order,” they are raw power politics. And China is not a soft target: its industrial base, market size and control over key supply chains mean any escalation will hurt both sides.

Europe still behaves as if it runs the world economy. It doesn’t. If Brussels normalises sanctions, China can just as easily normalise counter‑measures.

Do not pick a fight with the factory of the world and then complain when the factory starts stress‑testing your supply chain.


Collusion, breaking the law, evading subpoenas—it’s all in there: - Trump quashing the files - The VP, COS, DOJ, FBI, and others colluding in the Situation Room to stop their release and compliance - Officials lying to the public  - Admin in-fighting and exits - Officials who appeared in front of Congress during this time















 
 
 

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