Good morning, you're listening to Markets Desk.
Iran negotiations are dominating the macro picture today. The Trump administration says talks are proceeding in what the president called an orderly and constructive manner, with a naval blockade on Iranian ports staying in place until a deal is reached, certified, and signed. Regional officials tell the Associated Press that a sixty-day negotiating window is taking shape, with Iran potentially surrendering its stockpile of highly enriched uranium in exchange for sanctions relief and the release of frozen funds. Oil markets are watching every headline, and the Strait of Hormuz remains the pressure point.
Shifting to tech, Amazon is committing two hundred billion dollars to artificial intelligence infrastructure, and Wall Street is paying close attention. AWS, the cloud unit that drives the bulk of Amazon's operating income, is now growing at its fastest pace in nearly four years. That kind of capital deployment signals management's conviction that the AI buildout is a durable revenue cycle, not a cyclical blip.
And in IPO markets, SpaceX filed its S-one prospectus last week, putting a one-point-five trillion dollar valuation on the table. That figure demands flawless execution on launch cadence, Starlink subscriber growth, and margin discipline. Investors will be scrutinizing the prospectus closely before committing to that price.
That's the tape. Markets Desk, signing off the floor.
