US-Iran ceasefire in danger?

Good morning investors! Things are not looking good in the Middle East as investors brace for ugly surprises.

Today we cover:

📊 Economy and News

Brent crude jumped more than 3% to $99.58 per barrel on Tuesday after the U.S. conducted self-defense strikes in southern Iran targeting missile sites and vessels attempting to deploy mines.

Iran’s Revolutionary Guard vowed retaliation, accusing the U.S. of violating a fragile ceasefire. The strikes come as peace talks continue but remain uncertain.

President Trump described negotiations as “proceeding nicely” while warning of possible renewed military action if no deal is reached. He also urged several Arab and Muslim nations to join the Abraham Accords, further complicating diplomacy with Iran.

Reminder: Micron hits $1 trillion market cap for the first time as stock surges 19%.

👨 Sponsored by Mode Mobile

Imagine turning down Uber at a valuation of $10 million, only to watch it go public at over $80 billion.

That’s exactly what happened to Mark Cuban… a 799,900% return, gone.

But original Shark Tank investor Kevin Harrington built his career doing the opposite: spotting asymmetric opportunities before they go mainstream.

Like Uber turned vehicles into income-generating assets, Mode Mobile is turning smartphones into income streams.

They were named the #1 fastest-growing software company by Deloitte and have already helped their users earn and save over $1B.

Kevin Harrington invested early.

And at just $0.50/share, you can still get in before their potential IPO. But this window will not stay open for long.

⚠️ PRICE ALERT: share price moving on 5/29. Details here.  

_Disclosures

_{Potential Uber return for Marc Cuban does not take into account dilution.}

_{The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period in 2023.}

_{Please read the offering circular at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A Offering.}

📈 Stocks

S&P 500 7,519.12 (+0.61%)
DJIA 50,461.68 (-0.23%)
NASDAQ 26,656.18 (+1.19%)
BRENT CRUDE 99.56 (+3.14%)
* Prices as of May 26th, 12:20 AM UTC

As Elon Musk prepares to take SpaceX public on the Nasdaq in early June, speculation is growing that his long-term plan is to merge the rocket company with Tesla.

Sources familiar with the matter say Musk has discussed combining the two companies with colleagues. Tesla and SpaceX already share engineers, board members, and resources, and regularly collaborate on AI-related power and computing challenges.

SpaceX recently reached a $1.25 trillion valuation after merging with xAI, while Tesla’s market cap stands at approximately $1.6 trillion. Both companies are heavily investing in AI infrastructure — with SpaceX directing much of its capital spending toward AI and Tesla planning to nearly triple its capex to over $25 billion this year.

The companies have a history of doing business together, including SpaceX purchases of Tesla Megapacks, Cybertrucks, and solar equipment. A merger would face complexities around valuation and structure but is not expected to trigger major antitrust issues. Musk holds overwhelming voting control at SpaceX.

Analysts say a combined entity could better compete in AI and unlock massive opportunities in space, while allowing Musk to consolidate his empire

Surprising: BP shares fall -9% after board removes chairman Albert Manifold over ‘serious’ conduct concerns. Elsewhere, Ferrari unveils its first electric car - and it comes with a $640,000 price tag.

💵 Personal Finance

Welcoming a new baby is one of life’s greatest joys — but it also brings significant financial changes. From diapers and formula to childcare and medical costs, expenses can quickly add up. Creating a realistic budget is essential to maintain financial stability during this exciting yet costly transition.

Step 1: Assess Your Current Finances
Start by tracking your income and all existing expenses for at least one month. Use apps like Mint, YNAB (You Need A Budget), or a simple spreadsheet. Once you have a clear picture, identify areas where you can cut back — dining out, subscriptions, or entertainment — to free up cash for baby-related costs.

Step 2: Calculate Baby-Specific Expenses
Newborn costs average $1,000–$2,000 per month in the first year. Major categories include:

Build these into your monthly budget and create a separate “Baby Fund” for unexpected costs.

Step 3: Adjust Your Household Budget
Prioritize essentials using the 50/30/20 rule (50% needs, 30% wants, 20% savings/debt). With a baby, your “needs” category will grow. Consider increasing your emergency fund to cover 3–6 months of expenses. Look into benefits like the Child Tax Credit, WIC, or employer parental leave to reduce the burden.

Step 4: Smart Saving Tips

Final Advice
Review your budget monthly and adjust as your baby grows. Open a 529 college savings plan early for long-term planning. Having a baby changes your finances, but with discipline and preparation, you can enjoy parenthood without unnecessary money stress.

💰 Be a Better Investor

👩🏽‍⚖️ Legal Stuff
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT ADVICE. Morning Download products and services are offered for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized financial advice. We are not financial advisors and cannot give personalized advice.  There is a risk of loss in all trading, and you may lose some or all of your original investment. Results presented are not typical.  This message may contain paid advertisements, or affiliate links.  This content is for educational purposes only.

Please review the full risk disclaimer:  MorningDownload.com/terms-of-use