AI Infrastructure & Semiconductors: Dell surged after lifting revenue and profit forecasts as AI data-center buildouts drive demand for its Nvidia-powered servers, with AI server revenue guidance raised to about $60bn for fiscal 2027. Market Mood: Wall Street pushed to fresh records as a tentative US-Iran ceasefire extension eased oil volatility, while corporate earnings kept the rally intact. Gold & Rates: UBS trimmed its end-2026 gold forecast to $5,500/oz as Iran-war risks and higher-for-longer rate expectations weigh, even as analysts still expect bullion to recover. Energy & Commodities: Ukraine cut gas storage tariffs to spur long-term bookings ahead of winter; wheat prices slid on a stronger euro and improved harvest outlooks. Emerging Markets FX: Zambia’s kwacha is expected to strengthen on mining inflows and copper strength, while Ghana’s cedi faces pressure from FX demand. China Macro: Reuters poll points to flat factory activity in May as weak demand and cost pressures bite, despite AI-driven electronics support. Housing & Policy: South Africa’s SARB warned more rate hikes may be needed if inflation risks worsen. Tech Hardware Outlook: Omdia says the “AI Factory” model is reshaping data centers into intelligence manufacturing, with major capex still accelerating. Regional Growth: Mexico outperformed the US and Canada in travel spending and arrivals in 2025, helped by lower Middle East disruption exposure. Corporate Deals: Ocado shares jumped after a partnership with Asda to overhaul ecommerce infrastructure starting early 2027.