Walter Bloomberg
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IRAN REJECTS U.S. HORMUZ PROPOSAL

According to Al Mayadeen, citing an Iranian source, Tehran rejected the latest U.S. proposal, insisting the Strait of Hormuz will not fully reopen until the war ends.

The source also claimed Washington made a concession regarding the closure of the southern shipping route in the strait. These claims have not been independently verified.
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$AMZN AMAZON HITS $3 TRILLION IN MARKET VALUE FOR THE FIRST TIME
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$AMZN - AMAZON SHARES TOUCH RECORD HIGH, LAST UP 4.6%
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JPMORGANCHASE DOUBLES DOWN ON HOUSING, AIMING TO DEPLOY $750 BILLION THROUGH 2035β€”UP BY MORE THAN $200 BILLIONβ€”THROUGH ITS AMERICAN DREAM INITIATIVE
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U.S. STOCKS EXTEND GAINS, NASDAQ UP 1.01 PCT
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JPMORGAN EXPANDS $750B HOUSING COMMITMENT

JPMorgan Chase ($JPM) plans to deploy $750 billion through 2035 to expand U.S. housing supply and homeownership, a nearly 40% increase from the previous decade.

The initiative aims to finance 1 million affordable housing units and help 500,000 buyers purchase homes, including 200,000 first-time buyers.

The bank will also increase mortgage lending, hire 850 Home Lending Advisors, and support housing policy reforms to boost construction and affordability.
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TRUMP URGES CHEVRON TO CUT OIL PRICES

President Trump praised Chevron ($CVX) CEO Mike Wirth for the company's performance but said it was made possible by his administration's energy policies.

Trump highlighted Chevron's return to Venezuela as an example of that support and urged the companyβ€”and the broader oil industryβ€”to lower consumer fuel prices immediately.
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TRUMP: OIL COMPANIES AS WELL…AND GET YOUR CONSUMER (RETAIL!) OIL PRICES DOWN, NOW!
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TRUMP TELLS OIL COMPANIES "GET YOUR CONSUMER (RETAIL!) OIL PRICES DOWN, NOW!"
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πŸ‡ΊπŸ‡ΈTRUMP'S MONDAY SCHEDULE

β€’ 8:00 AM ET – Executive Time

β€’ 12:00 PM ET – Policy Meeting

β€’ 1:30 PM ET – Signs Executive Order (Press Pool)

β€’ 3:00 PM ET – Policy Meeting

β€’ 4:30 PM ET – Policy Meeting

β€’ 5:30 PM ET – Policy Meeting
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ISM U.S. MANUFACTURING ACTIVITY INDEX 55.6 IN JULY (CONSENSUS 54.0) VS 53.3 IN JUNE
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$MSTR - CANTOR CUTS STRATEGY PT, MAINTAINS BULLISH VIEW

Cantor Fitzgerald lowered its price target on Strategy to $186 from $212, while maintaining an Overweight rating.

The firm cited a more conservative Bitcoin price assumption of $98K (down from $111K), but remains positive on Strategy's long-term outlook. Cantor expects the company to restore STRC to par, resume credit issuance, and continue expanding its Bitcoin holdings.
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WHITE HOUSE TO HOST AI COMPANIES ON TUESDAY TO REVIEW AI FRAMEWORK - THE INFORMATION
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TRUMP ADMINISTRATION INVITED STAFFERS FROM MAJOR TECH COMPANIES INCLUDING OPENAI, GOOGLE AND ANTHROPIC TO WHITE HOUSE ON TUESDAY - THE INFORMATION
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U.S. HAS FINALIZED DETAILS OF ADVANCED AI MODEL TESTS - WHITE HOUSE OFFICIAL
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STOCKS OF CRUDE OIL IN THE US STRATEGIC PETROLEUM RESERVE FELL BY ABOUT 2.85 MLN BARRELS TO 304.8 MLN BARRELS LAST WEEK, LOWEST SINCE 1983
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TRUMP: IRANIAN LEADERSHIP IS UNBELIEVABLY DUPLICITOUS
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TRUMP: IRAN 'WILL NEVER HAVE A NUCLEAR WEAPON'

President Trump accused Iran of publicly denying negotiations while privately seeking talks.

He claimed the U.S. Navy fully controls access to the Strait of Hormuz, saying nothing reaches Iran without U.S. approval. Trump added sanctions and restrictions will remain until a dealβ€”or what he called Iran's "total surrender"β€”is achieved, reiterating that "Iran will never have a nuclear weapon."
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TRUMP: NOTHING GETS THROUGH TO IRAN, UNLESS WE WANT IT TO, AND NOTHING WILL GET THROUGH, UNLESS A DEAL, OR TOTAL SURRENDER, IS ACCOMPLISHED
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TRUMP: WHETHER IRAN WANTS TO ADMIT IT OR NOT, WE ARE, IN FACT, TALKING OF A SOLUTION TO A PROBLEM THAT THEY HAVE CAUSED, FOR DECADES
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*TRUMP SAYS IRAN PRIVATELY SEEKING TALKS

*TRUMP SAYS U.S. NAVY CONTROLS STRAIT OF HORMUZ

*TRUMP SAYS SANCTIONS STAY UNTIL IRAN DEAL

*TRUMP SAYS IRAN WILL NEVER HAVE NUCLEAR WEAPON

*TRUMP SAYS TALKS WITH IRAN ARE CONTINUING
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