Zaid Mani

And then this morning, Axios is reporting that the U.S.

and Iran are

are close to reaching a deal to end the war.

Now, nothing has been finalized yet.

The US is reportedly waiting for Iran to respond on several key points in the next 48 hours.

But the market is reacting like this is a done deal.

Oil prices are down around 10% this morning, with Brent crude dropping below $100 a barrel, and WTI is now under $90 a barrel.

You know, for the past couple of weeks, the market has been more focused on strong corporate earnings.

But if a peace deal with Iran gets done, that could be the cherry on top.

We'll continue to keep an eye on the headlines coming out of the Middle East, along with everything else happening in the markets.

So make sure you guys are subscribed to the podcast and tuning in every day to stay in the loop.

Let's run through some headlines.

Starting with AMD.

AMD reported earnings last night and they absolutely crushed it.

Revenue was up 38% to $10.3 billion and their net income nearly doubled to $1.4 billion.

The data center business, which includes AMD's AI chips, was the star of the show.

Revenue in that segment grew 57% year over year to $5.8 billion.

In fact, that one segment alone is now bringing in more revenue than the entire company was generating less than three years ago.

And the cherry on top for these earnings was the guidance.

AMD expects revenues to be $11.2 billion next quarter.