Futures are pointing to a sharply higher open after an Axios report suggested the U.S. and Iran are nearing a memorandum of understanding that could end the ongoing conflict. Kevin Green breaks down what a potential agreement could mean for markets, including the sharp drop in oil prices, while cautioning investors that similar geopolitical headlines have unraveled before. Meanwhile, earnings season continues to drive big moves in tech. Advanced Micro Devices (AMD) is rallying after reporting 38% revenue growth in the first quarter, while Super Micro Computer (SMCI) is also surging on continued strength in AI demand.