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Good morning investors! This is going to be a short week as stock and bond markets will be closed Monday for Memorial Day.

Today we cover:

  • What to expect this week

  • Iran-US war to end?

  • Dating is getting costlier

📊 Economy and News

What to Expect This Week

Here’s what you need to keep an eye on this week:

Tuesday, May 26

  • Consumer Confidence Index (10:00 a.m. ET) Latest reading from The Conference Board. Recent data showed consumers turning more pessimistic despite continued spending.

Wednesday, May 27

Major Earnings Reports:

  • Best Buy (BBY) – Before market open + conference call at 8:00 a.m. ET

  • Marvell Technology (MRVL) – After close + conference call

  • Synopsys (SNPS) – After close + conference call at 5:00 p.m. ET

  • Salesforce (CRM) – After close + conference call at 5:00 p.m. ET

Focus: Continued strength in the AI sector following Nvidia’s recent results.

Thursday, May 28

Retail & Tech Earnings Heavy Day:

  • Dollar Tree (DLTR) – Before open + 8:00 a.m. ET call

  • Burlington Stores (BURL) – Before open + 8:30 a.m. ET call

  • Kohl’s (KSS) – Earnings report

  • Dell Technologies (DELL) – After close + 4:30 p.m. ET call

  • Gap (GAP) – After close + 5:00 p.m. ET call

  • American Eagle Outfitters (AEO) – After close

Global hits:

Reminder: AI productivity upside could be 10x the current estimates.

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📈 Stocks

S&P 500 7,473.47 (+0.37%)
DJIA 50,579.70 (+0.58%)
NASDAQ 26,343.97 (+0.19%)
BRENT CRUDE 103.6 (+0.96%)
* Prices as of May 24th, 12:20 AM UTC

Trump Announces Iran Deal "Largely Negotiated," Strait of Hormuz to Reopen

U.S. President Donald Trump announced that a major agreement with Iran has been “largely negotiated,” following talks with Middle East leaders. However, he also asked negotiators not to rush' into deal with Iran.

The deal, which is still being finalized, includes reopening the Strait of Hormuz, ending current hostilities, and establishing a framework for further negotiations on Iran’s nuclear program.

Trump emphasized that the agreement aims to prevent Iran from developing nuclear weapons and will include sanctions relief and asset unfreezing.

On Sunday, Trump added that negotiations are proceeding in an “orderly and constructive manner”, stating “time is on our side.”

Key participants in the talks included leaders from Saudi Arabia, UAE, Qatar, Pakistan, Turkey, Egypt, Jordan, and Bahrain. Trump also held a positive call with Israeli Prime Minister Benjamin Netanyahu.

Interesting: Nvidia says its forecast for $200 billion CPU market includes China.

💵 Personal Finance

Date-flation Surge: Millennials Now Spend $252 on Average Date

The cost of dating in America is climbing fast, a phenomenon being called “date-flation.”

According to BMO Financial Group’s 2026 Real Financial Progress Index, the average “all-in” cost of a date — including grooming, transportation, food, drinks, and activities — now stands at $189, up 12.5% from last year. This far exceeds the general inflation rate.

Millennials face the highest tab at $252 per date, up sharply from $191 the previous year. Gen Z follows at $205, while Gen X averages $173 and Baby Boomers $126.

Rising prices are changing behavior. Half of Americans who date say they are going on fewer dates or choosing cheaper options due to the higher cost of living. The average number of dates per year has also dropped from 14 to 12.

The trend is sparking debate over who should pay. 71% of men say they expect to cover the full cost early in a relationship, while 52% of women prefer splitting the bill evenly.

Experts note that economic uncertainty is pushing people toward traditional gender roles.

💰 Be a Better Investor

"Fortune sides with him who dares."

Virgil

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