WS #8432

The dominant narrative in this window is the escalation of US-Iran nuclear deal progress, with multiple sources (AP, Bluesky priority accounts) confirming a tentative ceasefire extension and nuclear talks, pending Trump's signoff. This is corroborated by heavy Polymarket trading on Iran-related outcomes. The drone attack on Russian oil tankers in the Black Sea (16:27 UTC) adds geopolitical risk to energy markets, but oil prices turned negative after EIA data showed a smaller-than-expected crude draw. On the corporate side, Snowflake's blowout quarter and $6B AWS commitment drove a software sector rally, soothing broader AI fears. Super Micro (SMCI) surged 10% on a compliance alliance with Taiwan. Meta (META) saw a potential floor from CEO Zuckerberg's cloud commentary, suggesting a public cloud service is 'on the table.' Agilent (A) surged on Q2 beat and raised guidance. Best Buy (BBY) and Dollar Tree (DLTR) reported upbeat Q1 results, driving consumer discretionary strength. The EU is discussing potential restrictions on Chinese imports, which could impact trade-sensitive sectors. The US-Iran ceasefire narrative is ESCALATING with deal progress, but the drone attack on Russian oil tankers introduces a counter-signal that could disrupt oil supply and support crude prices.