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Axios reports $NVDA and Microsoft $MSFT are expected to unveil the first Windows computers using Nvidia chips as the main processor. The launch is expected at Computex in Taiwan and Microsoft Build in San Francisco. Devices are expected from Microsoft Surface and Dell. Microsoft is also expected to unveil software that lets users run AI agents locally on Windows PCs.

NYT reports Trump sent tougher terms to Iran for a peace framework, according to officials. One official said Trump has grown frustrated with how long Iran has taken to respond to U.S. proposals negotiated through intermediaries, including Pakistan. The tougher proposal may be designed to pressure Iran into accepting the framework already sent to its leadership for approval.

OpenAI more likely to IPO before Anthropic

$NVDA investors: Life’s good.

$META is reportedly planning a major AI hardware push, including a new AI pendant, expanded AI glasses, and a business-focused “Wearables for Work” service, per The Information. An internal memo says Meta is targeting 10M wearable device sales in the second half of 2026 and 6.8M monthly active wearable users by year-end. Meta is not only focusing on hardware; it has also been reported that they intend to monetize the software layer through AI subscriptions. These include Meta AI Assistant, a new consumer AI agent called Hatch, and future wearable apps. Note: Reality Labs still burns cash, with more than $4B in operating losses last quarter on just $402M of revenue.

@driceroland Cool

almost all orders shipped. including yesterday’s and today’s. minor issue with a few UK orders, but we’re on it. after months of work, seeing it actually happen feels surreal

$DELL recorded its best day, best week, and best month since inception after posting stellar earnings.

S&P 500 POSTS 6.18% GAIN IN MAY

OPENAI DISCUSSES ADDING CITIGROUP, JPMORGAN TO IPO LINEUP

The U.S. Space Force awarded SpaceX a $4.16B contract for a new satellite constellation that can track aircraft, cruise missiles and airborne threats globally from orbit. The program is called Space-Based Airborne Moving Target Indicator, or SB-AMTI. Space Force says the goal is to give the Joint Force persistent tracking of contested airspace from space, as traditional airborne platforms face growing pressure from advanced air-defense systems. The initial SpaceX award is expected to field a constellation by 2028.

Trump has put off a “final determination” on the Iran proposal after a two-hour Situation Room meeting, NYT reports. The administration reportedly believes it is close to an agreement, but no decision has been made yet. One key sticking point: whether to unfreeze funds for Iran as part of a possible ceasefire extension.

Jamie Dimon is escalating the bank vs crypto fight over the Clarity Act. Dimon told Fox Business banks “will not accept” the current version of the bill and said Coinbase CEO Brian Armstrong is “full of shit.” “No one’s going to bow down to this guy, or that company,” Dimon said. The fight is over whether crypto exchanges can pay interest on stablecoins, a structure banks argue would look like high-yield deposits without the same regulatory safeguards.

Robinhood $HOOD says states and public-sector groups have approached the company about creating their own versions of “Trump accounts” for newborns. CFO Shiv Verma says the Treasury partnership has shown Robinhood can handle government-scale programs, and that existing child wealth-building initiatives often lack a strong product layer.

Do you trust this move in software? $IGV is up 36% from its April 10 low.

Minute Media is laying off about 12% of its workforce, or roughly 60 employees, as it pushes for efficiency amid a tougher media market and rising AI disruption. The bigger issue is the VideoVerse deal. Minute Media acquired VideoVerse last September in a cash-and-stock deal valued around $200M, but is now terminating the agreement and says VideoVerse is no longer part of ongoing operations. Calcalist reports VideoVerse was never fully integrated and that Minute Media found “significant gaps” in the company’s presentations after the deal.

Citadel Securities posted a record $4.3B in Q1 trading revenue, up 28% YoY, as market volatility drove another strong quarter for major trading firms. Net income rose nearly 10% to $1.9B. The broader read: nonbank market makers are still pulling in huge trading hauls as policy-driven market swings force investors to reposition. Jane Street reportedly generated $16.1B in Q1 trading revenue, while Hudson River Trading posted $6.4B.

Trump: Iran must agree that they will never have a Nuclear Weapon or Bomb. The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions. All water mines (bombs), if any, will be terminated (we have removed, through detonation, numerous such mines with our great underwater mine sweepers. Iran will complete the immediate removal and/or detonation of any mines that are left, which will not be many!). Ships caught in the Strait due to our amazing and unprecedented Naval Blockade, which will now be lifted, may start the process of “heading home!” Say HELLO to your wives, husbands, parents, and families from me, your favorite President! The enriched material, sometimes referred to as “Nuclear Dust,” which is buried deep underground with virtually collapsed mountains, caused by our powerful B2 Bomber attack 11 months ago, sitting on top of it, will be unearthed by the United States (which, it is agreed, is the only Country, along with China, with the mechanical capability of doing so!), in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency, and DESTROYED. No money will be exchanged, until further notice. Other items, of far less importance, have been agreed to. I will be meeting now, in the Situation Room, to make a final determination.

HONEYWELL'S QUANTINUUM IPO IS SAID TO BE DOUBLE-DIGIT OVERSUBSCRIBED

MediaTek says it is now using Intel’s advanced chip packaging in addition to TSMC’s, making it one of the few chip designers able to offer customers access to both. It can now support more data center design work, from custom AI chips to interconnects and advanced packaging, as it pushes beyond mobile chips.