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'Iran's Pezeshkian: Final deal has yet to take shape'

Iranian President Masoud Pezeshkian said on Monday that although the memorandum of understanding reached between Iran and the United States is an "important step" towards peace, the final agreement between the two countries has "yet to take shape."

"What has been agreed upon is an important step toward stopping the war and beginning negotiations, and a final agreement has yet to take shape. The Islamic Republic of Iran has prepared itself for all options, and the government's focus, with or without an agreement, is sincere service to the people. The Iranian nation has learned from its martyred Imam not to submit to humiliation," Pezeshkian said in a post on X.

Meanwhile, US President Donald Trump previously revealed that a deal with Iran has been signed already, and that the details of the agreement will be revealed after the official signing ceremony, which is expected to take place in Geneva on Friday.

https://breakingthenews.net/Article/Iran's-Pezeshkian:-Final-deal-has-yet-to-take-shape/66509249

Binance owns 60% market share of SpaceX derivates

Binance Holdings Ltd. announced on Monday that it held more than 60% market share of Space Exploration Technologies Corp.'s (SpaceX) perpetual futures, SPCXUSDT, echoing an earlier statement issued through PR Newswire.

In an official statement, Binance noted that SPCXUSDT is now its second-largest traded product, after Bitcoin perpetuals (BTCUSDT).

The cryptocurrency exchange revealed that SPCXUSDT recorded over $5.6 billion in trading volume in the 24 hours ending June 13, and over $9 billion in accumulated volume across SpaceX's pre-market debut and post-listing phases on Binance.

https://breakingthenews.net/Article/Binance-owns-60-market-share-of-SpaceX-derivates/66508203

Yardeni says he 'hasn't been bullish enough' on the stock market

Ed Yardeni, president of Yardeni Research, said that despite being among the market's bulls, he "hasn't been bullish enough" on stocks.

During a CNBC interview, the veteran strategist pointed to extraordinarily strong earnings as the primary driver of the current rally, describing the market as being in "FEMO" mode—fabulous earnings momentum—rather than FOMO.

Yardeni emphasized that an earnings-led rally is far healthier than one driven purely by expanding valuations.

"I would rather have an earnings-led melt-up than a valuation-led melt-up," he said, noting that multiples have remained relatively stable around 21 while earnings have consistently exceeded expectations.

Analysts are projecting 20% expected earnings growth for S&P 500 (SP500) companies over the next seven quarters.

The resilience of the U.S. consumer has been a key factor supporting the economy and corporate profits, Yardeni explained.

Even as gasoline prices (XB1:COM) climbed to $4 or $5 per gallon, consumer spending remained robust. He attributed much of this strength to retiring baby boomers, who hold approximately $89T in net worth.

"You just don't want to ignore and underestimate the resilience of the U.S. economy and the U.S. consumer," he said.

The economy has also weathered significant headwinds, including aggressive Federal Reserve interest rate hikes from near zero to 5.5% and geopolitical tensions in the Middle East. While the rate increase triggered a bear market in 2022, a recession never materialized.

"The bear market didn't last very long. It was a great buying opportunity," Yardeni noted.

Looking ahead, Yardeni remains committed to his "roaring 2020s" thesis, which he has championed since August 2020, including a target of 10,000 for the S&P 500 (SP500) by the end of 2029.

He views the successful $75B SpaceX IPO (SPCX) as a positive signal for market liquidity and investor appetite.

"Bring it on. We're going to get more IPOs. They're going to be big, and the market looks like it's going to be able to handle it quite well," he said.

U.S. markets tracking ETFs: (DIA), (DDM), (DOG), (DXD), (SDOW), (SPY), (VOO), (IVV), (RSP), (SSO), (UPRO), (SH), (SDS), (SPXU), (QQQ), (QQQM), (TQQQ), (QID), and (SQQQ).

https://www.msn.com/en-us/money/markets/ed-yardeni-says-he-hasn-t-been-bullish-enough-on-the-stock-market/ar-AA25GIxw

Inhibrx FDA acceptance of BLA for ozekibart (INBRX-109) to treat chondrosarcom

Inhibrx Biosciences gets FDA acceptance of BLA for ozekibart (INBRX-109) to treat unresectable or metastatic conventional chondrosarcoma, PDUFA decision due April 14, 2027

https://finviz.com/stock?t=INBX&p=d

Neumora ends navacaprant after failed Phase 3 MDD trials

Neumora ends navacaprant after failed Phase 3 MDD trials and plans 35% workforce cut, extending cash runway into Q3 2027

Company expects planned 35% workforce reduction to generate about $10 million in annual savings.

https://finviz.com/stock?t=NMRA&p=d

Bio-Techne (TECH) Gains 4% as Activist Investor Pushes for Strategic Review

Bio-Techne Corp TECH +3.64% increased by 4% following news that Ananym Capital Management has acquired a significant stake in the company. The activist investor is advocating for a strategic review, including a potential sale, arguing that this approach would maximize shareholder value compared to remaining independent. Ananym expressed concern over the company's past performance, highlighting a need for immediate action to avoid further value loss. Currently, Bio-Techne has a market capitalization of $8.45 billion and has seen its stock decline by 8.2% over the last year

https://www.gurufocus.com/news/8916725/biotechne-tech-gains-4-as-activist-investor-pushes-for-strategic-review

Meta’s new ‘AI Mode’ on Facebook pulls from public info across its platforms

As Meta tries to catch up in the AI race and boost engagement with its AI bot, the company announced Monday that it’s rolling out new AI features on Facebook that aim to change how users find information, create content, and interact with the platform.

The headline update is “AI Mode,” a new way to search Facebook that uses Meta AI to surface answers pulled from public posts across the platform, including Groups and Reels. Instead of scrolling through search results, users can ask a question in plain language and get a synthesized answer based on what people are actually discussing.

This follows Meta’s quiet launch last month of Forum, a Reddit-style app that includes its own AI “Ask” tab, letting users pose questions and get answers pulled from discussions happening across Facebook Groups.

Both AI Mode and Forum’s Ask tab raise a familiar question: how reliable are answers generated from public posts and group chatter? Because the AI is summarizing content from everyday users rather than vetted sources, there’s a real risk of outdated or misleading information slipping through, a concern that’s already been raised about Google’s own AI Mode on Reddit.

Beyond search, Facebook also added editing tools that let users play around with collage cutouts and transition effects for their video montages. Another new feature is the AI-powered photo presets, allowing users to change up their look with different clothes, hairstyles, and accessories.

Sports fans, for instance, can virtually wear their favorite team jerseys just by tapping the “AI Edit” icon in Stories and choose “Wear It,” or go directly to their profile picture and select “Restyle profile picture with AI” and “Wardrobe.”

These updates add to a growing list of AI features Meta has shipped on Facebook in recent months. In February, the company introduced animated profile pictures that bring still photos to life — adding a wave, or placing a virtual party hat on someone’s head. In March, Meta added an AI feature to Facebook Marketplace that automatically replies to buyer messages on sellers’ behalf.

Most recently, earlier this month, Facebook launched an AI assistant for creators that offers personalized suggestions — including the best times to post and summaries of what audiences are saying in the comments — based on a creator’s content and performance history.

Taken together, the flurry of releases points to a broader strategy: Meta wants Facebook’s AI tools to make the platform stickier and more useful, while also diversifying how it makes money. Alongside these feature rollouts, the company recently launched global subscription plans for Facebook, Instagram, and WhatsApp — starting at $3.99 a month — that unlock additional features, with more AI-related subscription tiers reportedly on the way.

https://techcrunch.com/2026/06/15/metas-new-ai-mode-on-facebook-pulls-from-public-info-across-its-platforms/