Weekend Briefing — July 25, 2026 | A Fragile Path Back to Talks, and the Week That Rattled Big Tech

Markets close out a genuinely volatile week with a hopeful, if fragile, diplomatic thread developing over the weekend: Pakistan, backed by China, is exploring a path back toward stalled US-Iran talks, following renewed visits from Iran's interior minister to Islamabad. We recap a week that saw Brent crude spike above $102 a barrel, the "Magnificent Seven" shed close to $800 billion in a single session, Tesla fall nearly 19% for the week, and Intel post a blowout earnings beat that the market barely rewarded. We also cover the Trump administration's rebuilt global tariff regime under Section 301 of the Trade Act, now covering...