TODAY WAS ABSOLUTELY INSANE IN THE STOCK MARKET. Here’s everything you need to know: 1. Stocks closed higher and snapped a three day losing streak as oil pulled back on US-Iran deal hopes. 2. Reports said Tehran floated a plan to reopen the Strait of Hormuz and restart nuclear talks. 3. $MSFT jumped about 3.7% after rolling out a beefed up Copilot with coding tools and an AI agent that is always working. 4. $AKAM ripped after landing an $11.6 billion, seven-year cloud deal with Anthropic. 5. $QCOM gained about 4% and $DELL rose about 5% as AI hardware stayed bid. 6. The 10-year yield backed off after tagging a multi-year high, and the 30-year settled around 5.5%. 7. Trump said he discussed Iran with Xi and claimed "I think we’re going to do great," without details. 8. August new home sales hit an eight-month high as builders cut prices and piled on incentives despite 7% mortgages. 9. For the week the S&P 500 finished +1.2%, Dow +0.3%, Nasdaq +2.1%. 10. For the day the S&P 500 rose 0.5%, the Dow climbed 0.9%, and the Nasdaq gained 0.5%. And that’s just ONE trading day. Are you ready for next week?

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