18:16 INTC Reportedly SK Hynix in discussions to acquire Intel's Ohio chip campus - Joongang16:05 SMCI Reports prelim Q4 Rev 'near low end of $11.0-12.5B' v $11.9Be (prior: $11.0-12.5B); Gross margin 15-17% v 8.2-8.4% guided; Record backlog18:01 (US) US to redirect ~$200B research funds to AI, away from colleges - WSJ18:00 Nasdaq FUTs opens +#% at # (v 29,316 prior); S&P 500 FUTs opens +#% at # (v 7,546 prior); WTI Crude FUTs opens +0.1% at $84.64/bbl (v $84.54/bbl prior)18:29 RADX Reports Phase 2B trial results of RAD101 for diagnosis of brain metastases met primary endpoint18:23 WGX.AU Reports Q4 Gold production 98.85Koz, AISC 2.80K/oz, Underlying Cash Build 233M
Trade The News — Hear it. See it. Profit.

Trade The News story

*(IR) REPORTEDLY MEDIATORS HAVE PROPOSED A 10-DAY CESSATION OF STRIKES TO FIND WAYS TO REVIVE THE IRAN-US INTERIM DEAL - PRESS

- Mediators propose to return to pre-July 9th positions

**Note: Regional mediators, including Qatar, Egypt, and Pakistan, have proposed a 10-day ceasefire that the Trump administration is reviewing while urging Israel to avoid actions that could derail diplomacy

**Reminder: earlier, (IR) Iran Foreign Ministry Spokersperson Baghaei: Negotiations with U.S could be pursued based on national interests; Received proposals from mediators in war with US
July 19th, (IR) US Secretary of State Rubio: Reiterates the US remains open to a diplomatic solution in Iran; reiterates other countries must 'step up' to protect shipping in the Strait of Hormuz
12:24 (US) Market Trading Hours Summary: As expected, Dec PCE runs hotter than CPI, Q4 GDP impacted by shutdown; Supreme Court strikes down IEEPA tariff powers
S&P 5007542 1.13%EUR/USD1.16 1.86%USD/JPY159.03 2.13%GBP/USD1.34 0.01%OIL--Gold4088.4 15.19%