WS #9855

The dominant narrative this window is the US-Iran peace deal, which is now being confirmed by multiple sources as finalized with a signing ceremony set for Friday in Geneva. Ships are reportedly beginning to transit the Strait of Hormuz, with an LNG carrier successfully passing through early Monday. This is a major de-escalation of the previous crisis. The deal is being welcomed globally but criticized by Israel. Energy shares are sinking as oil disruption risk recedes. Separately, Salesforce is acquiring AI customer service platform Fin for $3.6B, a significant AI M&A event. SpaceX's IPO continues to gain traction, with shares rising on the second day. The UK announced a social media ban for under-16s. Crypto markets are rallying, with Bitcoin up ~4% and Ethereum up ~9%, partly driven by Bitmine's large ETH purchases. The US-Iran deal is the highest-significance signal, directly countering the previous bearish energy thesis and driving a risk-on rotation.