Wall Street Breakfast Oil down, stocks up on report Iran wants talks
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Jun 16, 2025 Tensions between the U.S. and Iran are shifting markets, as Tehran hints at a desire for de-escalation. Meanwhile, Meta and Roku are in the spotlight, showcasing intriguing corporate dynamics. In other news, WhatsApp is introducing ads, a significant change for its users. Finally, cocoa prices are cooling, reflecting broader commodity trends. The Federal Reserve's stance on economic policies adds to the mix, particularly in relation to Trump’s influence.
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Iran Signals De-escalation Talks
- Iran signals readiness to de-escalate and resume nuclear talks if the U.S. avoids attacks.
- This news caused stocks to rally while crude oil and gold prices dropped sharply.
WhatsApp to Introduce Ads
- WhatsApp will introduce ads to its platform, boosting Meta's strong ad revenue.
- Ads will appear in the Updates tab, alongside channel subscriptions and promoted channels for business reach.
Sarepta Halts Gene Therapy Trial
- Sarepta Therapeutics halted trials and distribution of Levitis after two acute liver failure deaths.
- Both patients had advanced Duchenne muscular dystrophy, raising serious treatment safety concerns.