Friday, July 10, 2026 — Iran ceasefire scrapped but talks continue; oil slides, stocks rally. Nvidia supplier King Yuan plans $1.4B US facility. Early signals this earnings season could be a rollercoa

Trump says ceasefire is over, but both sides are still talking. Oil falls further, stocks catch a bid. Messy, but the tape’s taking the glass-half-full path for now. Trump made 327 stock trades in AAPL, NVDA, and other tech names right before his tariff pause. Not sure people appreciate how that timing looks. Barron’s is waving early warning signs on earnings. The bar is high, and unrewarded sectors might surprise, but brace for a bumpy ride — guidance will matter more than beats. King Yuan Electronics dropping up to $1.4B on a US facility. Nvidia sees AI capex hitting $3–4 trillion by 2030. The stock’s been immune to the semis sell-off — that’s a strong signal. 10Y yield steady at 4.56%, real yield 2.31%, breakeven inflation 2.23%. Credit still asleep: HY OAS 2.70bp, BBB 0.94bp. Financial conditions loose at -0.515. Nothing pricing

Trump says ceasefire is over, but both sides are still talking. Oil falls further, stocks catch a bid. Messy, but the tape’s taking the glass-half-full path for now.