Iran Tensions Escalate After Trump Rejects Peace Counteroffer Strait of Hormuz Disruption Risks Grow Federal Reserves Path to Rate Cuts Narrows as Cost of Living Pressures Persist Luxury Retailers Outperform Expectations as HighEnd Consumers Maintain Spending Momentum Pokmon Card Boom Nostalgia Speculation and Celebrity Hype Fuel MultiMillion Dollar Market Fidelity Appoints Prezzavento to ETF Strategy Role Alibaba Unveils Upgraded Zhenwu AI Chip and New Large Language Model Freightos Limited Releases Q1 2026 Earnings Call Summary