WS #10032

The dominant signal in this window is the US-Iran peace deal, which is now confirmed by multiple sources as imminent or already signed. President Trump stated at the G7 summit that a Memorandum of Understanding (MOU) with Iran will be signed shortly, possibly Friday, with a 60-day implementation period. Leaked details indicate Iran will receive access to $100 billion in frozen funds and a $300 billion reconstruction fund, while reopening the Strait of Hormuz. This is corroborated by Bloomberg reporting that the oil industry is making tentative moves ahead of the Hormuz reopening, and by multiple Reuters-sourced Trump quotes. The deal is a high-significance development that counters the prior bearish oil thesis (supply disruption) and bullish defense/energy thesis. Separately, the Trump administration announced a nearly $800 million payment to Invenergy to scuttle offshore wind projects, with funds redeployed to natural gas and geothermal—a bearish signal for renewable energy stocks. On the MAG7 front, a dark pool alert shows a $1.1 billion QQQ block trade, and a $395 million MSFT dark pool trade, suggesting institutional accumulation. Broadcom (AVGO) jumped 6% after JPMorgan dismissed Google TPU delay rumors and projected massive AI revenue growth. SpaceX options broke Meta's 2012 debut record with 1.8 million contracts traded, and retail investors bought more SpaceX shares than all Mag7 combined in the first three days. The US-Iran deal narrative is ESCALATING from speculation to confirmed implementation.