Binary path around Gulf deal – ING

ING’s Francesco Pesole highlights that the Euro has been resilient on crosses but slipped versus the Dollar, with softer equities and commodity FX underperformance shaping flows. He stresses that a peace‑Hormuz deal could lift EUR/USD above 1.1800, while failed negotiations or renewed tensions risk sending the pair back below 1.1700,…

US military attacks Iranian sites but says it does not seek escalation

US Central Command said Thursday that US forces targeted Iranian military facilities responsible for launching attacks against warships transiting the Strait of Hormuz, CNN reported.The military stated that US forces do “not seek escalation.” Meanwhile, US President Donald Trump said on Truth Social that US forces destroyed Iranian attackers and warned, “We’ll knock them out a lot harder and a lot more violently” if Iran doesn’t sign a deal soon.According to a Centcom statement, Iran’s…

Business

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AI could help return defense manufacturing to US, CEO says

The Trump administration’s efforts to curtail U.S. dependence on China are intensifying as artificial intelligence exposes vulnerabilities deep inside America’s military supply chain. Exiger CEO Brandon Daniels joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to discuss how artificial intelligence is being used to trace the origin of critical…

Markets

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Internal Microsoft document spells out the company’s buyout offer

Microsoft released details of its buyout offer for long-serving employees in an internal document viewed by Business Insider. Loading audio narration… Microsoft last month announced it would offer buyouts to employees at level 67 and below in the US who have 70 or more years of age and service. Microsoft…

Investing

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