Heather Anne

[Kalshi @Kalshi]

JUST IN: Trump says the stock market is “doing well”

[*Walter Bloomberg @DeItaone]

TRUMP SAYS HE THINKS IRAN DEAL COULD HAPPEN OVER NEXT WEEK: ABC

[Robinhood @RobinhoodApp]

📅 Set your reminder. June 4: The PDT rule will be eliminated, and the $25,000 minimum account balance requirement will officially end.

What it means for you: We will be wiping all past PDT flags clean. Soon, customers will be able to trade on Robinhood without worrying about day trading limits again.

[Evan @StockMKTNewz]

JUST IN: GOOGLE $GOOGL JUST ANNOUNCED AN $80 BILLION CAPITAL RAISE TO BUILD AI INFRASTRUCTURE

And Berkshire Hathaway $BRK.B is writing a $10 billion check to get in.

Here's the full breakdown:

THE DEAL:
- $30B in underwritten public offerings
- $40B through an at-the-market stock program starting Q3 2026
- $10B private placement to Berkshire Hathaway

THE BERKSHIRE PIECE:
- $5B in Class A Common Stock at $351.81 per share
- $5B in Class C Capital Stock at $348.20 per share
- Berkshire has been building this position since Q3 2025

THE PURPOSE:
- Scale AI compute infrastructure to meet "unprecedented customer demand"
- Approximately $30B of the ATM proceeds will cover 2026 employee equity tax obligations
- Remaining proceeds go directly to AI infrastructure buildout

[*Walter Bloomberg @DeItaone]

TRUMP: TALKS ARE CONTINUING, AT A RAPID PACE, WITH ISLAMIC REPUBLIC OF IRAN

[First Squawk @FirstSquawk]

US Treasury Secretary: Iran is ready for the first time in 47 years to abandon its nuclear program

[Yamco @Yam_Trades]

$SPY $QQQ SPX

Week ahead is out: https://t.co/aARkGHqkXg

Market data from @ConvexValue
Check out the amazing work Juan has done with CVForge!
Net positioning from @OptionsDepth

If the weekly posts, daily commentary are of any use, please like/repost.

Morning overviews will be out this week but that's about it - I'm at the beach.

Enjoy your weekend.

[First Squawk @FirstSquawk]

AMD to Combine Massive Taiwan AI Infrastructure Commitment With Key Product Reveals at Computex Taipei, Yahoo Reports

[*Walter Bloomberg @DeItaone]

BESSENT: US HAS SEIZED $1 BILLION IN IRANIAN CRYPTO ASSETS

[TipRanks @TipRanks]

⚡️SanDisk $SNDK price target raised to $3,250 from $2,000 at Susquehanna

Susquehanna raised the firm's price target on SanDisk to $3,250 from $2,000 and keeps a Positive rating on the shares.

The firm's checks suggest Q2 DRAM average selling prices are trending to be up 50%-60% quarter-over-quarter, ahead of expectations of up 50%, while NAND ASPs are trending unchanged at up 75-100% quarter-over-quarter, reports the analyst, who is increasing estimates for memory manufacturers under coverage, driven by continued strength in blended ASPs and growing confidence in the sustainability of the margin profile.

[Heather Anne @JustOneHeather]

Susquehanna today raised its price target on Micron $MU up to $1,750 from $600 while maintaining its Positive rating

[WOLF @WOLF_Financial]

THE OPTIONS MARKET IS ABOUT TO GO EXTENDED HOURS: THE MAG 7 ARE FIRST IN LINE

CBOE just received SEC approval to launch extended trading hours for options. Launch date: July 13, 2026.

Here's who makes the cut at launch:

About 20 stocks, including all Magnificent 7 names:
• Apple $AAPL
• Microsoft $MSFT
• NVIDIA $NVDA
• Google $GOOGL
• Amazon $AMZN
• Meta $META
• Tesla $TSLA

To qualify for extended hours options trading:
- $50B+ market cap
- 150,000 contracts minimum
- 10M+ shares in daily average trading volume

CBOE Global Markets $CBOE also plans to launch 23x5 equities trading on its CBOE EDGX Exchange in December. Nearly around-the-clock trading, 5 days a week.

Two separate launches. One direction: the market is open longer than ever.

[Heather Anne @JustOneHeather]

@Bigkev451 BREAKING: US and Iran reach deal, but need Trump's final approval - Axios.

[Insider Wire @InsiderWire]

#BREAKING: U.S. and Iran reach a deal; awaiting Trump’s final approval, U.S. officials tell Axios.

[Heather Anne @JustOneHeather]

April PCE came in softer than expected.. Bullish

PCE M/M +0.4% vs +0.5% est

PCE Y/Y +3.8% vs +3.8% est

Core M/M +0.2% vs +0.3% est

Core Y/Y +3.3% vs +3.3% est

[Small Cap Snipa @SmallCapSnipa]

CAPACITY ADDITIONS FOR AI DATA CENTERS TO ACCELERATE ⚡️

Raw Schedule (dark blue): All announced projects - 133 gigawatts by 2028

Goldman Sachs forecast (light blue): 95 gigawatts by 2028 - taking into account cancelations and delays

The U.S. is extremely compute constrained with half of all planned data centers either cancelled or delayed. Nonetheless, AI infrastructure continues to supercharge.

[Small Cap Snipa @SmallCapSnipa]

🚨 GOLDMAN SACHS PROJECTS U.S. DATA CENTER POWER DEMAND TO DOUBLE BY 2027

• 66 gigawatts in 2027 from 31 GW in 2025
• Only About 50-60% of data center capacity scheduled for the next one to two years is expected to come online

[Yamco @Yam_Trades]

$SPY $QQQ SPX

Week ahead is out: https://t.co/TNGfFea4ks

Market data from @ConvexValue
Net positioning from @OptionsDepth

If the weekly posts, daily commentary, or flow shows are of any use, please like/repost.

#MDFS on Tuesday at 1245 EST with @tony_mansour
and @iV_trader.
It's our last one for a while - we'll be back later in the summer!

We got this from the Whitehouse after market close on Friday.

The post-OPEX wobble was interesting (see this from last week)

[Evan @StockMKTNewz]

The 🇺🇸 Trump administration is awarding $2 billion in grants to 9 quantum-computing companies in deals that include U.S. government equity stakes

$IBM is getting the biggest package worth $1 Billion

GlobalFoundries $GFS is getting $375M in funding

Then most of the other companies including D-Wave $QBTS, Rigetti $RGTI, and Infleqtion $INFQ will get $100M

(Source WSJ)