Markets eye Iran pause
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 19 May 2026
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:07.6 | Thanks so much for being here on this Tuesday, May 19th. I'm Julie Morgan. |
| 0:14.0 | President Trump said Monday that he has postponed a scheduled military attack on Iran, following appeals for Middle Eastern leaders who claim |
| 0:22.3 | peace negotiations are underway. In a post on Truth Social, Trump stated that he had been asked |
| 0:28.7 | by the Emir of Qatar, the crown prince of Saudi Arabia, and the president of the United Arab |
| 0:34.9 | Emirates to hold off on the planned military attack. The attack was |
| 0:39.2 | scheduled for today. According to Trump, these leaders believe a deal will be made, which will be |
| 0:44.7 | very acceptable to the United States of America, as well as all countries in the Middle East and |
| 0:50.4 | beyond. He emphasized that any agreement would include no nuclear weapons for Iran. Now let's see how |
| 0:57.2 | the market is reacting this morning. Stock index futures are lower with tech stocks continuing to face |
| 1:03.8 | pressure. Crude oil is down 1.1% at 103. Bitcoin is flat at 76,000. Gold is down 0.6% at 4538. The Futsi 100 is up 0.1% and the Dax is up 1.1%. |
| 1:22.7 | A jury on Monday rejected claims against Open AI following less than two hours of deliberations. |
| 1:29.3 | The nine-person jury unanimously found that Elon Musk waited too long to file his lawsuit and missed the deadline for the statute of limitations. |
| 1:39.3 | Although the jury served in an advisory role, the judge accepted the verdict and dismissed the claims. |
| 1:46.2 | Later on Monday, Musk said on X that he would appeal the jury's verdict to the U.S. Court of Appeals for the Ninth Circuit. |
| 1:52.8 | The lawsuit against Open AI, the CEO Sam Altman, and Open AI President Greg Brockman, |
| 1:59.9 | accused them of breaching their commitment to maintain the |
| 2:03.0 | AI lab as a non-profit after Elon Musk gave them $38 million in startup funding. |
| 2:09.8 | Musk also named Microsoft a major investor in OpenAI as a defendant, asserting that it aided and |
| 2:16.7 | abetted their actions. |
| 2:18.5 | OpenAI's lawyers argued that Musk filed the lawsuit to undermine OpenAI as it now competes |
| 2:24.6 | with his AI company, XAI, which was recently merged into the space transportation company, SpaceX. |
... |
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