Trump Says US-Iran MoU Is ‘Over,’ Calls Iranian Leadership ‘Scum’

MSFT Spikes After Leaving CapEx Outlook Unchanged Update (1800ET): As this evening's conference call went on, we finally got to the meat of the matter as Microsoft kept its CapEx forecast unchanged on Wednesday, ...becoming one of the first hyperscalers to hold the line on the market's insatiable AI spending spree. Against expectations to spend $190 billion on capital expenditures this calendar year, Microsoft tonight maintained this spending outlook (due to an accounting change, this CapEx guidance is now $175 billion, but, in reality, Microsoft is keeping its AI capex plan the same...

Saudi Aramco Targeted, Including Sprawling Abqaiq Facility, As Tehran-Aligned Militants Test US-Iran 'Pause' Saturday saw a final break in what was 13 consecutive days of tit-for-tat attacks between the United States and Iran, with US Ambassador to the United Nations Mike Waltz having confirmed to Fox News Sunday that President Trump is trying to give peace talks "some space". "He's giving it a little bit of room," Waltz said. "We’ve had both Oman and Iran and a number of our other negotiators engaged at every level, from the most senior levels all the way down to the technical level, over the past few weeks and particularly in the past few days." via CENTCOM Walsh...

Romania Asks Ukraine To Add Self-Destruct Function To Stray Drones, After One Exploded At Its Port Errant Ukrainian drones which wonder across borders and into neighboring Baltic and Eastern European countries are becoming enough of a problem to where some NATO allies pushing for a self-destruct function.  Romanian Defense Minister Radu Miruta has proposed that Ukraine program its maritime drones to self-destruct if they veer into the country's territorial waters, coming just on the heels of a major disaster. AP image: explosion of errant Ukrainian drone at key Romanian port. The remarks were...