Diplomacy & Geopolitics
- Chinese foreign minister Wang Yi meets Iranian FM to discuss Strait tensions
- China maintains communication with US on Trump visit
- US-Iran close to 14-point memorandum, 30-day negotiation window: Axios
- Trump warns Iran: comply or face renewed bombing
- France deploys Charles de Gaulle carrier to Red Sea for Hormuz escort
Markets & Commodities
- US gasoline nears $4.50/gallon, close to record high
- WTI -6%, Brent -8%; spot gold +3%, silver +6%
- S&P 500 and Nasdaq hit new highs; 2Y US Treasury -7bp
Corporate & Tech
- SpaceX plans $55B Terafab chip factory in Texas
- DeepSeek post-money valuation rumored at $45B; negotiations ongoing