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The biggest story out of Washington today centers on Anthropic and its Mythos AI model. CEO Dario Amodei had been vocal about the model's cybersecurity risks, and the Trump administration acted, ordering Anthropic to block all foreign access. Anthropic's response was decisive — they shut Mythos down entirely, a remarkable moment where a company effectively pulled its own flagship product off the market under national security pressure.
Shifting to the Middle East, and this one has real market implications. Pakistan's Prime Minister says a deal to end the U.S.-Iran conflict could be signed within twenty-four hours. The Strait of Hormuz, through which roughly a fifth of global oil supply flows, has been a chokepoint throughout this conflict. Tehran is reportedly seeking transit fees on commercial shipping, and while that detail will need ironing out, energy traders are watching this closely.
And staying in the energy space, NuScale Power is drawing attention after falling forty percent this year. The company remains the only U.S. firm with a Nuclear Regulatory Commission-certified small modular reactor design, which gives it a structural moat that long-term investors are weighing against the near-term pain in the stock.
That's the tape. Markets Desk, signing off the floor.
