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It is so great to have you here on this Friday, June 20th. I'm Julie Morgan.

Bidding reportedly heats up for GMS. Trump puts a timeline on whether an Iran strike will happen,

and SoftBank is reportedly dreaming

big in Arizona.

Home Depot has reportedly made an offer for GMS.

This follows QXO's bid on Wednesday for GMS for $95.20 per share for a transaction

value of $5 billion.

The Wall Street Journal reported that Home Depot's offer is unclear at this point.

GMS distributes wallboards, ceiling, steel framing, and construction products,

as well as commercial and residential building materials.

It operates through tool, sales, rental, and service centers, as well as a

network of distribution centers. GMS is up 19% in pre-market action. President Trump will decide

within the next two weeks if the U.S. should launch an attack on Iran, pressuring Tehran to the negotiating table for a nuclear deal.

The president said in a message delivered by the press secretary that based on the fact that

there is a substantial chance of negotiations that may or may not take place with Iran in the near

future, that he'll make his decision whether or not to go within the next two

weeks. The deadline comes as the escalating Israel-Iran conflict enters its second week. Israel struck

100 targets in Iran, including nuclear sites on Thursday. Iran continues to launch missiles and

drones at Israel.

Masayoshi Sun is looking to team up with Taiwan semiconductor manufacturing to realize what could be his biggest bet yet, a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence.

Bloomberg reported that the founder of SoftBank envisions a version of the vast manufacturing hub of China's Shenzhen that would bring back high-tech manufacturing to the U.S.

...