CHINA DETAINS U.S. CITIZEN IN ESPIONAGE CASE

China has detained U.S. citizen U Min Zin on suspicion of espionage and threats to national security, according to the foreign ministry. Officials said the U.S. consulate in Guangzhou was notified. The announcement followed reports that Min Zin had gone missing in Kunming, southwest China, last week.
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IRANIAN FOREIGN MINISTRY SAYS A FRAMEWORK TEXT IS CLOSE TO BEING FINALIZED: IRNA
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IRAN'S IRNA: UNDER THE MOU WITH U.S, IRAN MAKES NO COMMITMENT REGARDING THE TRANSFER OF MANAGEMENT OF THE STRAIT OF HORMUZ
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IRAN'S IRNA: THE FUTURE ADMINISTRATION OF THE STRAIT WILL BE RESOLVED AS A REGIONAL MATTER THROUGH DIALOGUE AND JOINT DECISION-MAKING BETWEEN TEHRAN AND OMAN
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IRAN'S FOREIGN MINISTRY SAID THE TEXT REMAINS SUBJECT TO FINAL DECISION
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IRAN'S IRNA: NO AGREEMENT IS MADE REGARDING THE NUCLEAR FILE IN THE CURRENT MEMORANDUM

IRAN'S IRNA: NUCLEAR TALKS WILL TAKE PLACE WITHIN A 60-DAY PERIOD AFTER SIGNING
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UBS CUTS GOLD TARGETS AS FED RATE CUTS DELAYED

UBS lowered its gold forecasts by $300–900 per ounce, citing stronger U.S. data and delayed Fed easing expectations. The bank sees near-term pressure pushing gold toward $3,850–4,000/oz as higher yields and a stronger dollar weigh on prices. However, UBS remains bullish over 12 months, citing future rate cuts, dollar weakness, and continued central bank gold buying.
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$SPCX - NASDAQ: IPO OF SPACEX TO BE RELEASED FOR QUOTATION AT 9:50AM ET
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$SHAZ - SHARON AI ANNOUNCES SIX YEAR STRATEGIC COMPUTE COLLABORATION WITH NVIDIA
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SK HYNIX LOOKS TO NASDAQ FOR U.S. SHARE LISTING, SOURCES SAY
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$TSLA - GLJ KEEPS TESLA ON SELL ALERT

GLJ Research analyst Gordon Johnson maintained a Sell rating on Tesla with a $24.86 price target. He expects Q2 deliveries to improve but argues the rebound reflects inventory clearing, seasonal demand, and easier comparisons—not renewed growth. Tesla’s record inventory levels and margin concerns remain key risks, keeping GLJ bearish on the stock.
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SAM ALTMAN CANCELS ABU DHABI TRIP

OpenAI CEO Sam Altman has called off a planned visit to Abu Dhabi, according to people familiar with the matter. He was expected to meet executives from Mubadala, G42, MGX, and ADNOC as OpenAI prepares for a public market debut. The cancellation comes amid regional tensions linked to the Iran conflict. The reason for the change remains unclear, and the companies involved declined to comment.
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META: TO DONATE RAY-BAN META GLASSES TO EVERY BLIND VETERAN IN AMERICA - WEBSITE
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$SPCX BREAKS ABOVE $180 ON HYPERLIQUID https://t.co/wNlzICDLq0
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IRAN SOURCE DENIES GENEVA AGREEMENT SIGNING CLAIM

The claim of signing the agreement on Sunday in Geneva is pure falsehood’
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NASDAQ FUTURES DOWN 0.3%, S&P 500 FUTURES FLAT, DOW FUTURES UP 0.3%
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*IRAN SAYS MOU WITH US UNDER INTERNAL REVIEW: IRIB
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SAM BANKMAN-FRIED LOSES BID TO OVERTURN FRAUD CONVICTION, 25-YEAR PRISON SENTENCE
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IRAN'S NOORNEWS CITES INFORMED SOURCE AS SAYING MEMORANDUM NOT FINALISED IN IRAN, DENIES SIGNING IN GENEVA ON SUNDAY
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$TSLA - TESLA SHARES RISE 1.1% AHEAD OF CEO ELON MUSK'S SPACEX NASDAQ DEBUT
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- TRUMP: TERMS THAT IRAN LEAKED OUT TO FAKE NEWS HAVE NOTHING TO DO WITH TERMS THAT WERE AGREED TO, IN WRITING.
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