⚡️ JUST IN: US-Iran peace deal proposes a $300 billion reconstruction fund for Iran.

The fund is described as an international "investment fund" that the US would help facilitate in the final agreement. This follows Iran's demand for "reparations" to end the conflict.

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🔋 Google Engineer Accused of $1.2M Betting Fraud

Google engineer Michele Spagnuolo is accused of using confidential data to earn $1.2 million through betting.

Prosecutors claim the 36-year-old Italian accessed non-public search trend data, including "Year in Search 2025," and placed bets under the nickname AlphaRaccoon from October to December, notably on the popularity of singer d4vd.

Spagnuolo allegedly knew the outcomes due to his internal access. He was arrested in New York on charges of commodity fraud, wire fraud, and money laundering, then released on $2.25 million bail.

Google is cooperating with authorities and confirmed Spagnuolo’s suspension.

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⚡️ JUST IN: Trump says the US Navy is lifting its "blockade" of the Strait of Hormuz and he is meeting in the Situation Room to make a "final determination" on the Iran deal.

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⚡️ JUST IN: Iran has stressed that after the US blockade is lifted, it will reopen the Strait of Hormuz according to its own pre-determined arrangements.

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⚡️ JUST IN: Iran says the US deal is still awaiting final approval, with Hormuz reopening to follow the lifting of the US blockade.

Strait traffic would resume under Iran’s own security and transit arrangements, and sources deny any MOU clause requiring Tehran to destroy nuclear materials.

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Investor Ronald Wayne sold his 10% Apple stake for $800 in 1976.

Today, it’s worth about $453 billion.

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⚡️ JUST IN: Trump has concluded his Situation Room meeting with his national security team on the Iran deal.

Trump said a "final determination" is coming after the meeting. More information is expected soon.

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⚡️ JUST IN: Trump's Situation Room meeting on a possible deal with Iran lasted 2 hours but ended without a final decision.

The Trump Administration says it is close to an agreement, though uncertainties remain, including the unfreezing of Iranian funds.

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Only traders will understand this feeling.

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The final boss of trading desk setups

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Focus in trading means staying committed to your plan without being distracted by emotions, noise, or unnecessary trades.

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Jordan Belfort on how the S&P500 beats most hedge funds

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⚡️ JUST IN: Trump says he is "in no hurry" to make a deal with Iran and warns "if we don't get what we want, we are going to end it in a different way".

This comes after he said last weekend a deal would be announced "shortly". Today marks 93 days since the Iran War began.

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How the stock market actually works

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⚡️ JUST IN: US military has conducted strikes on Iranian targets in Goruk and Qeshm Island.

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🇯🇵 Japan's Strategic Oil Reserves Hit Record Low

Japan's strategic oil reserves fell to a record low, says Kpler. Crude imports dropped 66% in April amid the Strait of Hormuz blockade, per the Japanese Ministry of Economy.

Japan is drawing heavily from reserves and ranks third after China and India in reliance on Hormuz oil supplies.

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⚡️ JUST IN: Kuwait says air defenses intercepted missile and drone attacks amid widening Iran-US clashes across the Gulf.

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⚠️ Key Events This Week

The labor market is in the spotlight this week, with several reports that could shape expectations around the Fed's next moves.

🟡 Monday

● May ISM Manufacturing PMI

A look at activity across the manufacturing sector and overall business conditions.

🟡 Tuesday

● April JOLTS Job Openings

One of the Fed's preferred indicators for labor demand and job market strength.

🟡 Wednesday

● ISM Non-Manufacturing PMI

A read on the services sector, which makes up the largest part of the US economy.

🟡 Thursday

● Initial Jobless Claims

Weekly data showing whether layoffs are beginning to increase.

🔴 Friday

● May Jobs Report

The week's main event. Markets will focus on job growth, unemployment, and wage trends for clues on the health of the labor market.

A total of 7 Fed speakers are scheduled this week, while markets will also be digesting each labor market release for signs of cooling or continued strength.

All eyes on jobs.

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