// COMPARE

S&P 500 climbed to 7,563.6 (+0.58%), printing fresh record territory on US-Iran ceasefire optimism. Dell earnings and a Pentagon software deal added a bid; breadth supportive.

Record highs on geopolitical relief plus the AI capex story still funding bids in mega-caps. Microsoft +3.47% on Pentagon deal news shows the institutional buyer hasn't blinked despite bubble chatter.

PCE Friday is the only big macro print. Above 7,600 opens 7,700; failure of 7,500 turns it into a profit-taking session. Watch VIX 15.74 — sub-15 would confirm the all-clear.

Tesla closed at $442.10 (+0.40%), drifting higher with the broader Nasdaq. SpaceX-merger overhang dominated the news flow; production headlines absent.

TSLA is trading as a SpaceX-merger event rather than a fundamental EV story right now — shareholders are pricing dilution risk versus optionality. Robotaxi narrative is on the bench until next datapoint.

Any official SpaceX-merger terms or Musk commentary. June delivery numbers loom. Resistance $450; support $432. Break of $430 would be the first technical warning.