President Trump’s foreign policy rhetoric emerged as the primary geopolitical throughline, as he threatened military action against Oman regarding Strait of Hormuz negotiations while simultaneously ordering a scale-back of joint U.S.-South Korea military exercises, citing Seoul's lack of support in the Iran conflict and his personal rapport with Kim Jong Un. While these regional tensions persisted—compounded by reports of Gulf states utilizing 'dark' tanker shipments to navigate supply disruptions—the market narrative remained heavily concentrated on the artificial intelligence sector. Institutional appetite for AI-linked exposure was underscored by significant accumulation of Alphabet shares by Berkshire Hathaway and Stanley Druckenmiller, as well as Nvidia’s $1.5 billion investment in a major OpenAI-linked data center project in Ohio. Corporate movements were punctuated by L3Harris Technologies' dismissal of CEO Christopher Kubasik over code of conduct violations and Raytheon’s procurement of a $22.9 billion Tomahawk missile contract, even as Canada reported a rise in annual inflation to 3%. Traders continued to navigate this environment, balancing high-growth AI optimism and a potential economic 'soft landing' against the persistent geopolitical uncertainty surrounding U.S. conflict involvement and strained global energy supply chains.