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President Trump is signaling a harder line on Iran, telling reporters he is not keen on a deal while NBC News reports his national security team has been actively discussing the possibility of large-scale U.S. military operations in the coming weeks. That kind of geopolitical overhang tends to put a floor under oil and pressure risk assets broadly.
Shifting to the AI space, Anthropic is drawing fresh attention as it eyes a public offering at a two trillion dollar valuation. An early Menlo Ventures backer is crediting CEO Dario Amodei's unusual ability to attract top-tier AI researchers as a core competitive advantage. For investors watching the IPO pipeline, the infrastructure plays remain the cleaner trade — companies like Vertiv, which supplies liquid-cooling systems to data centers regardless of which AI model ultimately wins the market.
On the crypto front, Samsung is rolling out USDC transfers on Solana for U.S. Galaxy users, embedding the feature directly into Samsung Wallet with fiat on- and off-ramps included. This is meaningful because it bypasses the need for a separate crypto application, lowering friction for mainstream adoption and giving Solana another significant distribution channel.
That's the tape. Markets Desk, signing off the floor.
