Iran won’t accept U.S. effort at ceasefire in war, state media reports

President Donald Trump has claimed the United States and Iran are “in negotiations now.” But the Islamic Republic denies any direct talks to end the war.
Legal AI startup Harvey valued at $11 billion in funding round, as VCs spread bets beyond model companies

Harvey will use its fresh capital to expand its AI agents and grow its embedded legal engineering teams.
Arm just unveiled its first in-house chip. Raymond James says buy the stock

Arm shares rose 13% in premarket trading following the company’s announcement that it would jump into the CPU fray.
Stocks making the biggest moves premarket: Chewy, EchoStar, Arm, KB Home & more

These are the stocks posting the largest moves premarket.
Hugo Barra’s return to Meta 5 years after exit underscores Zuckerberg’s AI urgency

During Hugo Barra’s first stint at Meta, the company was pushing heavily into VR. Now, he’s back and the focus is AI agents.
Merck to buy Terns Pharmaceuticals for $6.7 billion to boost cancer pipeline

Merck is trying to bulk up its portfolio ahead of its best-selling cancer drug Keytruda losing patent protection in 2028.
Sen. Warren: DOD answers show no anti-corruption protocols for Trump children

Democrats have been hotly critical of the Trump family’s business dealings while President Donald Trump serves in the White House.
Mortgage demand drops more than 10% as rates hit the highest level since October

Mortgage demand continued to tumble last week, as mortgage rates surged higher and affordability weakened further.
Arm jumps 13% in premarket after saying first in-house chip set to generate $15 billion in revenue

Arm said it expects its new chip to generate six times more revenue in 2031 than the $4 billion it made in 2025.
Recession odds climb on Wall Street as economy shows cracks beneath the surface

Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.