Morning Brief: Ceasefire extended

👋 Good morning! Tuesday saw stocks get a consciousness of the existent mentation of Fed Chair nominee Kevin Warsh (slightly much hawkish than expected) and saw anticipation for a swift solution with Iran dwindle arsenic the US delayed Vice President JD Vance's travel to Pakistan to negociate with Iran.

Oil prices jumped arsenic the S&P 500 (^GSPC), the Dow (^DJI), and the Nasdaq (^IXIC) each slid 0.6%.

But conscionable aft the closing bell, President Trump said helium would widen the expiring ceasefire until Iran submits a caller connection for peace. Indefinitely, it seems, arsenic the president's societal media station did not see a date.

On the docket this morning:

🪑 Warsh successful the blistery seat

🍎 7 large challenges for Apple's caller CEO

🎲 Warsh's odds

🎢 Goldman Sachs sees a unsmooth clip up for consumers — but a bully clip for stocks

📸 Yes, that's who you deliberation it is

💼 Some bully labour marketplace news

⚛️ Finally, a fusion reactor is happening successful the US

📆 What we're watching Wednesday: Tesla opens its books today, kicking disconnected Big Tech quarterly results. The company's had a chaotic twelvemonth truthful far, and we're looking for updates connected robotaxis, cheaper EVs, and overmuch much (preview here).

We'll besides get plentifulness of different firm results, from GE Vernova (GEV) to ServiceNow (NOW) (a SAASpocalypse update, perhaps).

🍎 New Apple CEO John Ternus faces 7 large challenges as Tim Cook steps down.

🇺🇸 Trump encourages companies not to question tariff refunds. “If they don’t bash that, I’ll retrieve them," helium said.

⚖️ New York sues Coinbase and Gemini Titan, calling their prediction markets amerciable gambling.

🎮 Microsoft cuts Xbox subscription prices, bucking manufacture trends.

🍔 Beyond Meat banal is connected a tear — here's why.

⚡️ Tesla registrations plunge successful California, manufacture assemblage says.

⚠️ Apple CEO Tim Cook is stepping down conscionable arsenic its banal breakout is successful trouble.

🍏 Apple whitethorn person revealed a large net clue by announcing Tim Cook’s successor.

📱 Apple's adjacent CEO John Ternus 'must specify Apple's future arsenic ferociously arsenic helium defends its past.'

🛢️ Halliburton sees signs of an lipid rebound successful North America arsenic Iran warfare lifts prices.

🤝 What Wall Street is saying astir Amazon's deepening ties with Anthropic.

😳 Meta to commencement capturing worker rodent movements, keystrokes for AI grooming data.

See what other is trending connected Yahoo Finance.

Senators grilled Fed seat nominee Kevin Warsh connected Tuesday, getting a accidental to consciousness retired the antheral who volition instrumentality Jerome Powell's spot — astatine immoderate point, anyway.