Insight

On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.

Emirates airline posts record net profit despite war impact  Reuters

Trapdoor creaks for dollar if Iran war ends  Reuters

Iranian FA says will meet FIFA to seek World Cup assurances in next few days  Reuters

US and Iran inch towards short-term deal to end fighting  Reuters

Rupee gains sharply as oil slides, NDF dollar selling gathers pace  Reuters

Indian shares pause as oil slide counters profit-taking  Reuters

China asks banks to pause new loans to US-sanctioned refiners, Bloomberg News reports  Reuters

Gold climbs to two-week high as US-Iran peace hopes push oil lower  Reuters

Japan's Nikkei blazes past 63,000 on earnings, Iran peace optimism; JGBs rally  Reuters

S&P 500 and Nasdaq notch records; AMD results spark AI stock rally  Reuters

Kraft Heinz CEO Steve Cahillane said the company's biggest growth opportunity is reinvesting behind its legacy brands.

Out of all live events related to Elon Musk, trading activity on his suit against OpenAI is the second highest out of all contracts related to the billionaire.

Paramount agreed to pay a Netflix termination fee, but the cost lives on WBD's books until the close of the deal.

Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity.

Occidental scraps new oil hedges as Iran war fuels price volatility  Reuters

Gulf's fragile trade lifeline hangs on two eastern UAE ports  Reuters

Trump says US had very good talks with Iran in last 24 hours  Reuters

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Trump says United States will get uranium from Iran  Reuters