WS #10480

The dominant signal in this window is the ongoing US-Iran peace talks and oil sanctions easing, which is de-escalating the oil supply crisis narrative. Multiple sources (Bloomberg, Seeking Alpha, and social media) corroborate that crude oil is adding to losses on potential progress in US-Iran talks, and gold is steadying as both sides flag early progress. The narrative arc for the Iran war/oil theme is DE-ESCALATING. Separately, insider selling at MARA Holdings ($MARA) is notable, with two insiders (CFO and General Counsel) selling a combined 23,000 shares at $14.25 each on June 17. The IBM-OpenAI partnership on enterprise security AI is a positive signal for IBM. Micron ($MU) surged +6.82% to $1,211 on a massive Anthropic AI supply/investment deal, with analysts doubling price targets ahead of June 24 earnings. Alan Greenspan's death at 100 is a notable passing but unlikely to move markets directly. The UK political situation is also notable: Keir Starmer resigned, paving the way for Andy Burnham as PM, which could impact UK-focused assets but is less directly relevant to US markets.