Friday's News Links

[CNBC] Stocks rise on strong jobs report and Iran deal hopes, S&P 500 heads for 6th winning week in a row: Live updates

[Reuters] Brent hovers around $100 on renewed Gulf clashes as AI pushes Asian stocks to stellar weekly rise

[Yahoo/Bloomberg] Oil Set for Weekly Drop as Trump Sticks to Ceasefire After Clash

[Yahoo/Bloomberg] Gold Rises as Buying Interest Counters Concern Over Hormuz Clash

[CNBC] U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%

[Reuters] US expects Iranian response to peace proposal on Friday, fighting flares in Gulf

[Yahoo/Bloomberg] Iran, US Involved in Hormuz Clashes With Deal Response Awaited

[AP] UAE reports drone and missile attack as Iran war ceasefire is challenged

[Yahoo/Bloomberg] US Fires on Iranian Targets as Trump Demands Deal From Tehran

[Yahoo/Bloomberg] Food Prices Rise to Highest in Three Years on Iran War Costs

[Yahoo/LAT] Ships are paying millions more for fuel at L.A., Long Beach ports. The costs won't stay there

[Yahoo/Bloomberg] Iran Turns to China Rail Link to Try to Bypass US Blockade

[CNBC] Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths

[Yahoo/Reuters] Anthropic weighs fundraising for near $1 trillion valuation, FT reports

[Reuters] Global perceptions of US fall below Russia under Trump, survey finds

[Politico] Fertilizer time bomb threatens to drive up Europe’s food prices

[Bloomberg] Private Credit Bets From Some Life Insurers Shock One CEO

[Bloomberg] Fed Data Suggest Japan Sold Treasuries When Intervening in Yen

[NYT] China Sees a ‘Giant With a Limp’ as U.S. Drains Weapons on Iran War

[NYT] How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps

[WSJ] AI Is Distorting Practically Everything About the Economy

[WSJ] IMF Warns That Evolving AI Threat Could Upend Financial Markets

[WSJ] How Anthropic’s Mythos Threw the White House AI Strategy Into Chaos

[FT] Donald Trump’s 10% global tariff ruled illegal by US court

[FT] Tett: The jury is still out on AI in finance

[FT] Big Tech’s $725bn AI spending spree sends free cash flow to a decade low

[FT] Warming seas are brewing extreme weather in months ahead, scientists forecast