US-Iran Deal Details Emerge in 14-Point Memorandum | The Pulse 6/17/2026

Summary

The show covers the US-Iran peace deal offering Iran financial incentives and a path to reopen the Strait of Hormuz, sending oil lower; the Federal Reserve's first decision under Chair Warsh; SpaceX overtaking Amazon in market cap; AI adoption in Europe; private credit asset class views; and BMW's profit warning on China struggles. Guests from AWS, DWS, and EIB discuss European tech sovereignty, asset management, and infrastructure financing.

• US-Iran memorandum of understanding includes $300B economic aid, oil sales, and asset access; Strait of Hormuz to reopen but full normalization may take months.
• G7 leaders support the deal, with Europe ready to help demining but seeking peace guarantees before deploying resources.
• Brent crude falls below $80 on peace deal optimism; analysts caution on slow resumption of tanker traffic.
• SpaceX surpasses Amazon as the 5th largest publicly-traded company by market value, extending Elon Musk's wealth past $1.3 trillion.
• Federal Reserve expected to hold rates steady; Chair Warsh's first decision and press conference under scrutiny for guidance on inflation and forward guidance.
• AWS EMEA head says European AI usage crosses 50%, urges advanced integration for productivity, and flags regulation and skills gaps.
• DWS CEO Hoops sees the private credit thesis intact despite some vintage-specific stress, and emphasizes origination access as a differentiator.
• BMW shares slump after cutting profitability outlook due to China weakness, stoking concerns about European automakers.