US Treasury Secretary Bessent says that the average tax refund 11% higher versus last year
The text of the possible memorandum of understanding between US and Iranhas not been finalized and confirmed to this point, Tasnim reports
Anthropic has raised USD 65bln in a Series H funding round at a post-money valuation of USD 965bln, Bloomberg reports
US Treasury Secretary Bessent says that the average tax refund 11% higher versus last year
UBer (UBER) says it has exposure to around 37% of Delivery Hero (DHER GY), with a total cost basis in the low EUR 30s
Southwest (LUV) executive says business revenue was higher in April and May
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- Oil prices will be lower than pre-conflict levels.
- Was asked about today's inflation and said he is looking through most of it.
- Almost 2,000 ships are waiting to come out of the Gulf and the oil market is set to be very well supplied.
- President Trump has said he's got several red lines, and Hormuz has to be free and open.
- Says he will not preview the Iran deal, nothing is on the table until the Strait is reopened
- Says Oman assured him that there are no plans to toll the strait
- Economy is facing challenges but unemployment is low, consumer spending is firm and tax refunds are up.
- On Iran, US has been patient, will continue defensive actions in Iran.
- Everything done thus far has been defensive.
- Patience with Iran is not forever.
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