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The S&P 500 Index has staged a phoenix-like recovery this month as it surged to a record high. It has soared by nearly 30% from its lowest point in April, meaning that it is in a bull market. This article explores the top catalysts for the VOO and SPY ETFs this week.

Donald Trump’s trade war

The first main catalyst for the VOO and SPY ETFs is the ongoing trade war between the United States and other countries now that a key deadline is nearing. 

On the positive side, there are signs that the US will reach deals with other countries. For example, there are signs that the US will restart its trade talks with Canada after the country scraped its taxes on US technology companies. 

The decision came two days after Donald Trump ended the talks, citing the tax, which was to take effect soon. 

Further, the US signed a deal with China, and officials are anticipating at least ten announcements soon. This could include major deals by trading partners like the European Union, Japan, and South Korea. 

These trade deals will likely lead to a continuation of the SPY and VOO ETFs this week. On the other hand, some signs of disagreements will drag it lower.

US macroeconomic data

The other key catalyst for the SPY and VOO ETFs is the upcoming macroeconomic data that will provide more information about the economy. 

The first key data to watch will come out on Tuesday when the S&P Global and the Institute of Supply Management (ISM) will publish the latest manufacturing PMI data. 

It will be followed by Thursday’s nonfarm payrolls (NFP) data. This report will come out on Thursday because Friday will be a public holiday in the United States. 

Economists expect the data to show that the unemployment rate remained unchanged at 4.2% in June as the economy created over 150k jobs. 

These numbers are important because they influence the actions of the Federal Reserve. Signs that the labor market is deteriorating will lead to more hopes that the Fed will cut interest rates.

SPY and VOO to react to Trump’s Big Beautiful Bill

The other top catalyst for the VOO ETF is Donald Trump’s Big Beautiful Bill, which is being deliberated in Washington. 

This bill will have pros and cons for the stock market. On the positive side, it contains tax cuts that will benefit most companies in the United States. It also has some notable deregulatory measures that will benefit firms in the energy sector.

Defense contractors like RTX and Lockheed Martin will also benefit from the bill because of the increased spending. 

However, the bill will cut some incentives that will hurt companies in the clean energy industry and electric vehicles. It will also lead to a surge in public debt, which will put the US fiscal health at risk.

S&P 500 Index to move if Trump announces Fed nominee

A wildcard that may have an impact on the stock market is a decision by Donald Trump to undercut Jerome Powell by appointing his successor way much in advance. The potential names are Scott Bessent, Kevin Warsh, and Kevin Hassett. 

Nominating the Fed Chair at this point could have a negative impact, which explains why the US dollar index has plunged. It will do that by affecting the Fed independence. 

The post S&P 500 Index: Top catalysts for VOO and SPY ETFs this week appeared first on Invezz

Deluxe Corp (NYSE: DLX) has been a massive disappointment for its investors since early 2025, having lost more than 30% since the final week of January.

And while an unusually high dividend yield of 7.57% on the modern payments firm looks attractive – market veteran Jim Cramer recommends against getting tempted.

In the 1980s, DLX was a celebrated growth stock – but it seems to have lost its mojo and no longer looks appealing to own for the back half of this year, Cramer argued on “Mad Money”.

Deluxe stock’s dividend yield is a red flag

Cramer’s concern is based on an exceptionally high dividend yield of more than 7.50% on Deluxe stock.

According to him, the unusually high dividend yield is not a sign of strength, but a potential red flag.

“When you get a yield that’s well above all the others, it’s not good. That means something’s very wrong,” the famed investor told his audience.

Jim Cramer blasted the company for talking about diversification for years but failing to actually deliver on it.

On “Mad Money”, he dismissed DLX shares with a blunt “X-nay Deluxe” lamenting what he described as a missed opportunity for a company that once held promise.

DLX shares may be all sizzle, no steak

DLX has been working to reposition itself as modern fintech name, emphasizing its transformation from a check-printing legacy business to a provider of B2B payments, data solutions, and merchant services.

The company’s “North Star” strategy, unveiled at its “2023 Investor Day”, aims to drive organic growth and generate $100 million in incremental free cash flow by 2026.

However, the market remains skeptical.

The dividend payout ratio – currently over 96% of earnings – suggests Deluxe is distributing nearly all of its profits to shareholders.

While this may be appealing for income-focused investors, it leaves little room for reinvestment or weathering downturns.

Compounding concerns, Deluxe’s stock has struggled to gain traction, and its legacy print segment continues to face secular decline.

Deluxe topped Street estimates its fiscal Q1

Jim Cramer took a cautious tone on Deluxe stock even though the NYSE listed firm surpassed Street estimates in its latest reported quarter.

In late April, DLX said 75 cents per share on about $536 million in revenue in its fiscal Q1, beating 72 cents a share and $535 million in revenue that experts had forecast.

But the former hedge fund manager’s comments underscore a broader cautionary tale: high yields can sometimes mask deeper operational or strategic issues.

For DLX shares, the challenge lies in convincing investors that its transformation is more than just talk – and that its dividend is sustainable in the long run.  

That said, out of three analysts that cover the dividend stock, two currently rate it at “overweight”.

The post Jim Cramer says, ‘something’s very wrong’ with this high-yield dividend stock appeared first on Invezz

US stocks rose on Monday as renewed optimism around trade helped push Wall Street toward closing out a strong month with fresh record highs.

The Dow Jones Industrial Average gained 209 points, or 0.5%, while the S&P 500 added 0.5%, extending gains after hitting record levels in the previous session.

The Nasdaq Composite advanced 0.55%, also reaching new all-time highs.

The rally follows Canada’s decision to scrap its proposed digital services tax, a move aimed at reengaging in trade negotiations with the United States.

The tax would have retroactively targeted US tech firms, including Google, Meta, and Amazon, with initial payments scheduled to begin Monday.

President Donald Trump had previously said the US was “terminating ALL discussions on Trade with Canada,” but Canada’s reversal appears to have eased tensions.

Shares of Meta Platforms and Google-parent Alphabet rose in response.

Monday marks the final trading day of June, capping off a sharp monthly recovery for equities.

The S&P 500 is up 4.7% for the month, the Nasdaq has climbed 6.5%, and the Dow has gained around 4%. Both the S&P 500 and Nasdaq closed at all-time highs on Friday.

The rebound follows a difficult stretch earlier in the year, when trade and tariff concerns pushed the S&P 500 down nearly 18% from its peak in April.

Investors are also watching developments in Washington, where the Senate is weighing President Trump’s sweeping legislative package.

The bill, described by Trump as “one big, beautiful” legislation, passed a key procedural vote over the weekend but still faces hurdles in the House, where some Republican lawmakers have expressed reservations about recent changes.

US-Canada trade truce

The United States and Canada have reached a temporary truce in their recent trade dispute, with Canada agreeing to withdraw its proposed digital services tax and resume trade negotiations with Washington.

The move marks a step toward easing months of tension between the two close allies.

The proposed 3% levy, which would have been retroactively applied to US tech companies such as Google, Meta, and Amazon dating back to 2022, had prompted President Donald Trump to halt talks with Canada over the issue.

Canadian Prime Minister Mark Carney announced that discussions would resume, with the goal of reaching a broader economic and security agreement by July 21.

“In our negotiations on a new economic and security relationship between Canada and the United States, Canada’s new government will always be guided by the overall contribution of any possible agreement to the best interests of Canadian workers and businesses,” Carney said in a statement.

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Oracle’s (ORCL) cloud business continues to get more takers as Stifel Financial Corporation gave a bullish call on the stock.

Cloud acceleration supports long-term outlook

Oracle’s strong performance in the cloud sector has prompted Stifel to upgrade the software giant’s stock rating from “Hold” to “Buy,” reflecting growing confidence in the company’s long-term trajectory.

Analyst Brad Reback raised his price target from $180 to $250 per share, implying a potential upside of around 19% from Friday’s close.

This bullish stance comes on the heels of a standout year for Oracle in 2025, with shares already up 26% year-to-date.

Reback believes that the recent gains are not a temporary surge, but part of a broader trend of sustainable cloud growth.

He forecasts that Oracle’s total cloud revenue — which includes both infrastructure and software-as-a-service (SaaS) applications — could increase in the high 30% range annually for each of the next two fiscal years.

“Upgrade to Buy as the recent dramatic step-up in capex and RPO gains support management’s Cloud (Infrastructure + SaaS-Apps) growth expectations,” Reback wrote, adding that these improvements should translate into accelerating total revenue growth of approximately 16% in fiscal year 2026 and 20% in fiscal 2027.

In its fourth quarter results for 2025, Oracle reported a revenue jump of 11% to $15.9 billion, surpassing market expectations.

The cloud services and license support segment increased by 14% to $11.7 billion.

In another positive development for the company, Oracle CEO Safra Catz has indicated a robust commencement to fiscal year 2026, driven by sustained expansion within the company’s cloud operations.

An SEC filing reveals that Catz intends to inform colleagues of Oracle’s MultiCloud database revenue maintaining a growth rate exceeding 100%.

Revenue efficiency through capital spending

The shift toward increased capital expenditure, particularly in physical infrastructure, is seen as a strategic move that reduces Oracle’s dependence on workforce expansion.

According to Reback, this approach will likely generate revenue growth at a pace that outstrips operating expenses in the years ahead.

While higher capex is expected to compress gross margins in the short term, Reback expressed confidence in Oracle’s management.

“There is no question this management team is extremely adept at managing expenses,” he noted.

The company’s total revenue rose 8% last year, while headcount and overall operating expenses grew by just 2% and 5%, respectively — a sign of improved cost control and operational efficiency.

Oracle’s strategy to prioritize infrastructure over hiring is expected to shift the business model away from relying on additional personnel to drive growth. This reorientation could lead to more scalable and profitable expansion in the long term.

Path toward accelerating earnings growth

Looking further ahead, Reback anticipates that this mix of disciplined spending and cloud-led growth will begin to reflect in Oracle’s earnings performance by 2027.

The analyst expects the company to post accelerating earnings growth as it capitalizes on its investments and improves operating leverage.

Oracle shares rose by 7% in the pre-market, suggesting that the market has responded positively to the renewed outlook.

As the company continues to invest in its cloud capabilities while maintaining tight control over expenses, investors may find its long-term growth story increasingly compelling.

The post Oracle upgraded to ‘Buy’ on sustainable cloud momentum, says Stifel appeared first on Invezz

Orcl stock began the first week of the trading day with a bang as it opened 8% higher on Monday after some strong indications from CEO Safra Catz.

At the time of publishing, Oracle shares were trading at $225.07, very close to their 52-week high of $228.17.

Many analysts have upgraded their outlook of the Orcl stock as they are paying close attention to Oracle’s swift buildout of its cloud and AI infrastructure, robust revenue growth, and the company’s disciplined management of operating costs.

Why Orcl stock is rising today?

The jump in Orcl stock price came after an SEC filing which indicated that CEO Catz is set to tell colleagues that Oracle’s MultiCloud database business is still growing at a rate of more than 100%.

She’ll also highlight several major cloud service deals the company has secured, including one projected to generate over $30 billion in annual revenue beginning in fiscal year 2028.

The development came as Oracle has been ramping up its cloud infrastructure efforts to better compete with tech giants like Amazon Web Services, Microsoft Azure, and Google Cloud.

Its MultiCloud database service has emerged as a major growth engine, driven by the growing adoption of hybrid and multi-cloud strategies among enterprise clients.

The growth of the company is also reflected in its earnings as Oracle’s latest quarterly results surpassed analyst forecasts, with overall revenue climbing 11% year-over-year and cloud revenue increasing by 14%.

This solid performance, along with the company’s rapid growth in data centers and AI infrastructure, has helped boost investor confidence even further.

Oracle has raised its revenue outlook for fiscal 2026 to more than $67 billion, anticipating a 16% year-over-year increase.

The company’s leadership expects total cloud revenue spanning both applications and infrastructure to grow from 24% in fiscal 2025 to over 40% in fiscal 2026.

They also project that remaining performance obligations (RPO) will more than double.

What analysts say?

Orcl stock continues to enjoy a positive outlook from analysts as Stifel Nicolaus upgraded Oracle’s rating from “Hold” to “Buy” and increased its price target from $180 to $250.

The firm pointed to Oracle’s sharp rise in capital spending and remaining performance obligations (RPO) as clear indicators of accelerating momentum in its Cloud Infrastructure and SaaS applications segments.

Westpark Capital boosted its price target on Oracle from $195 to $246 while maintaining its “Buy” rating.

Deutsche Bank also reaffirmed a “Buy” rating and raised its target to $240.

Meanwhile, both Oppenheimer and Guggenheim kept their “Outperform” or “Buy” ratings, with Guggenheim lifting its target to $250, highlighting Oracle’s emphasis on operating income growth and the anticipated acceleration in cloud revenue.

The year 2025 seems like just another great year for Oracle as the company’s share witnessed a continued uptrend over the past few years.

In 2024, Orcl stock saw a 59.99% annual gain while in 2023 the rate of growth remained 30.95%.

The post Orcl stock surges 8% at open: here’s why Oracle shares are near 52-week high appeared first on Invezz

President Donald Trump declared last week that Iran’s underground nuclear facilities bombed by the U.S. were ‘obliterated,’ while adding the U.S. and Israeli strikes delivered ‘monumental damage to all nuclear sites in Iran.’ 

U.S. Defense Secretary Pete Hegseth echoed that message in a briefing, saying the ‘CIA can confirm that a body of credible intelligence indicates Iran’s nuclear program has been severely damaged by recent targeted strikes.’

Israeli intelligence sources told Fox News Digital that strikes on Natanz, Fordow and Esfahan caused severe and possibly irreversible damage to Iran’s known enrichment infrastructure. ‘We hit the heart of their capabilities,’ one official said. 

But despite the overwhelming success of the mission, questions remain about what survived – and what might come next. Analysts warn that while Iran’s declared facilities have been largely destroyed, covert elements of the program may still exist, and enriched uranium stockpiles could resurface.

International Atomic Energy Agency (IAEA) Director Rafael Grossi said in an interview with CBS on Saturday that although ‘it’s clear that what happened in particular in Fordow, Natanz, [and] Isfahan—where Iran used to have, and still has to some degree, capabilities in terms of treatment, conversion, and enrichment of uranium—has been destroyed to an important degree,’ the threat remains. 

Nuclear experts say that while Iran’s nuclear progress has been dealt a historic blow, the regime may still retain the technical know-how and residual capabilities to reconstitute its program over time – especially if it chooses to go dark.

A detailed assessment released Tuesday by the Institute for Science and International Security (ISIS) found that Israel’s Operation Rising Lion, followed by U.S. bunker-busting strikes, ‘effectively destroyed Iran’s centrifuge enrichment program.’ But authors David Albright and Spencer Faragasso cautioned that ‘residuals such as stocks of 60%, 20%, and 3-5% enriched uranium and centrifuges manufactured but not yet installed… pose a threat as they can be used in the future to produce weapon-grade uranium’.

Jonathan Ruhe, director of foreign policy at the Jewish Institute for National Security of America (JINSA), echoed that concern in an interview with Fox News Digital.

‘The threat now is certainly much reduced,’ Ruhe said. ‘But the threat from here on out is going to be much more difficult to detect because Iran could try to rebuild covertly. They don’t need much space or time to enrich 60% to 90%. And the IAEA has said for years that Iran likely retains some secret capability.’

Ruhe added that while Israeli intelligence was likely aware of attempts to move uranium before the strikes, ‘any planning assumption going forward must consider Iran’s residual capacity – even if it’s diminished.’

John Spencer, chair of urban warfare studies at the Modern War Institute, said critics who argue the program wasn’t completely destroyed are missing the bigger picture.

‘Can everything be rebuilt eventually? Sure. But there’s no question the program was rolled back – years, if not more,’ Spencer told Fox News Digital. ‘People fixate on how many pounds of uranium are missing. But building a bomb requires much more than material. You need the conversion, the metallurgy, the delivery system – all of which were hit.’

Dr. Or Rabinowitz, a nuclear proliferation scholar at Hebrew University and visiting associate professor at Stanford, noted that many unknowns remain.

‘There’s no verified answer yet to what happened to the 60% enriched uranium – or to the other feedstocks at 20% or 3.5%,’ Rabinowitz said. ‘If Iran has access to advanced centrifuges, they could in theory enrich back to weapons-grade – but we don’t know how many centrifuges survived or in what condition they are.’

She also explained that even if Iran retains the material, converting uranium gas into metal for a bomb requires a specialized facility. ‘From what we know, that conversion facility in Isfahan was bombed. Without it, Iran faces a significant bottleneck,’ she said. But she warned that nuclear weapons technology is not insurmountable: ‘This is 1940s science. If North Korea could do it, Iran could too – eventually.’

According to the ISIS report, ‘extensive damage’ was confirmed at nearly all major Iranian nuclear and missile facilities, including the destruction of uranium metal conversion plants, fuel fabrication centers, and the IR-40 Arak heavy water reactor. The report noted that the Israeli and U.S. strikes ‘rendered the Fordow site inoperable,’ citing high-resolution satellite imagery of deep bunker penetrations.

Rabinowitz also emphasized that the intelligence picture is still developing in real time. ‘The Israelis and the Americans are now hard at work to generate the most accurate intelligence picture they can,’ she said. ‘Without having my own sources in the Mossad, I can guarantee the Israelis are monitoring internal Iranian communications, trying to figure out what the Iranians have figured out. As they learn more, so will Israel and the U.S.’

As debate continues over whether the strikes were enough to permanently disable Iran’s nuclear ambitions, analysts agree on one point: Iran’s assumption that it could push forward without consequence is gone.

During a press conference on Friday. Trump was asked if he would bomb Iran’s nuclear program again if it was restarted. He told reporters, ‘Sure without question.’

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An unelected Senate parliamentarian should not be deciding what stays and what doesn’t in the so-called ‘Big, Beautiful Bill,’ Rep. Greg Steube, R-Fla., told Fox News Channel in an interview that earned President Trump’s approval.

Conservatives were furious on Thursday morning after learning Senate Parliamentarian Elizabeth MacDonough ruled several key reforms and tweaks to Medicaid in the Senate GOP’s version of President Trump’s bill did not pass muster with Senate Rules. One senator, Roger Marshall, of Kansas, called for MacDonough to be replaced.

Steube was a guest on FOX Report on Sunday morning, when host Jon Scott asked him where he stood on whether the parliamentarian should have been overruled or even fired. He agreed with Marshall.

‘Yeah, I had called for her to be fired,’ Steube said. ‘I don’t think that one person who’s unelected, who got appointed over a decade ago, should be the one deciding what stays in and what doesn’t.’

Lawmakers across the U.S. were elected by their constituents to make those decisions; not the parliamentarians, he said.

At the moment, Republicans hold majorities in the House and the Senate. MacDonough was appointed by the late Senate Majority Leader Harry Reid, who was a Democrat.

Steube questioned why current Senate Majority Leader John Thune, R-S.D., would not replace MacDonough with a Republican appointee.

‘We’ve certainly called for that,’ Steube said. ‘Thune has said he’s not going to do that, so they’re going to move forward.’

Scott noted that MacDonough has said she is supposed to be call balls and strikes, not make political decisions. When Scott asked Steube if he thought MacDonough was working for the Democrats, the lawmaker noted she was appointed by one.

‘What House lawmakers that have been elected by the people passed by a majority of the House of Representatives and sent over to the Senate are now getting struck by one person who was appointed by Harry Reid,’ Steube said. ‘I certainly don’t think that’s what the American people voted for.

Trump later posted about Steube’s interview on Truth Social.

‘Great Congressman Greg Steube is 100% correct,’ the president wrote. ‘An unelected Senate Staffer (Parliamentarian), should not be allowed to hurt the Republicans Bill. Wants many fantastic things out. NO!’

Fox News Digital’s Alex Miller contributed to this report.

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We are nearly halfway through the first year of the second Trump administration, and the American people are seeing something unprecedented in American politics in the 21st Century: the development and implementation of a grand strategy. 

Critics and talking heads have tried to paint President Donald Trump as brash and careless, especially when it comes to foreign relations and international affairs. Nothing could be further from the truth. Since the beginning, Trump has been clear that America’s interests are his interests, and he has designed America’s grand strategy around American priorities. 

Critics say the Trump Doctrine is causing chaos. Not so. The chaos caused by the flawed designs of previous presidents and their advisers in this century alone made it necessary for a radical course correction. In other words, what Trump has done this year has also opened up new opportunities for collaboration and commerce in regions that were overlooked in previous administrations. The Middle East is a case in point.  

For decades, the only narrative coming out of the region was conflict. Trump saw past that and identified opportunities for trade, commerce and cooperation. This has directly led to a transformation in foreign relations with many Middle Eastern and Gulf countries and new partnerships that have the potential to revolutionize America’s engagement in the area — as well as the American economy. 

That was not Trump’s only goal. On his trip to the region, he also laid the groundwork for the now-apparent isolation of Iran. No one wants the Iran problem. Even Syria — a long-term Iranian ally — is watching from the sidelines. 

The Trump administration has also simultaneously put to bed the blanket ‘isolationist’ and ‘warmonger’ caricatures, which hold no water after strategic strikes against Iranian uranium enrichment facilities. These were calculated strikes that sent two important messages. 

First, it was a reminder that America supports its allies. Israel has been fighting against constant opposition long before the second Trump administration began. The lone beacon of democracy in the Middle East, it has done an admirable job of weakening the state and non-state actors that threaten not only the existence of the state of Israel but also democratic values that undergird all free societies.  

Israel has stood boldly when other nations have cowered. And they did it without asking for help. This is something that has set Israel apart. Israeli Prime Minister Benjamin Netanyahu has always acknowledged that Israel must fight for itself and has ultimate responsibility for its own defense. 

Trump honored that position and leveraged America’s unmatched military to support Israel through bombings that neutralized targets that were important to America, Israel, and the rest of the free world. 

This reminded America’s other allies that the Trump administration is ready and willing to work in tandem when priorities are aligned. The fact that this happened ahead of the NATO meeting demonstrates just how comprehensive the new American doctrine is. It is also not a coincidence that NATO agreed to support Trump’s recommendation of 5% of GDP going toward defense spending. 

The second message that Trump has sent is that he is always open to diplomacy. In fact, it is his preference. Iran was repeatedly warned against using force. They were encouraged to find a peaceful solution and explicitly told the consequences if they continued to violate the JCPOA agreement. Only when it became clear that Iran was not interested in negotiations was military force used.  

The Trump administration has also simultaneously put to bed the blanket ‘isolationist’ and ‘warmonger’ caricatures, which hold no water after strategic strikes against Iranian uranium enrichment facilities. 

Importantly, that was not the end of the story. Quickly after the strikes were completed, Trump again began working toward peace, personally working with top officials to broker a ceasefire between Israel and Iran. Force was only ever used in an effort to bring both parties to the negotiating table. 

These are not the actions of a warmonger or an isolationist. They are the actions of a peace strategist. Someone who is unashamed to put his country first on the world’s stage but opens the hand of friendship and cooperation to those willing to join together to achieve shared goals. Sounds a bit like President Ronald Reagan, who ended the Cold War without firing a shot.  

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Iran acknowledged on Sunday that an Israeli strike on Tehran’s notorious Evin prison last week killed dozens of people.

Iran’s judiciary spokesperson Asghar Jahangir posted on the office’s official Mizan news agency website that the strike killed at least 71 people, including staff, soldiers, prisoners and members of visiting families. Officials did not provide a breakdown of casualty figures.

The Washington-based Human Rights Activists in Iran said at least 35 of those killed were staff members and two were inmates. Others killed included a person walking in the prison vicinity and a woman who went to meet a judge about her imprisoned husband’s case, the organization said.

Jahangir said some of the injured were treated on site, while others were taken to hospitals. Iran has not said how many were injured.

Iran had also confirmed on Saturday that top prosecutor Ali Ghanaatkar had been killed in the attack. Ghanaatkar’s prosecution of dissidents, including Nobel Peace Prize winner Narges Mohammadi, had led to widespread criticism by human rights groups.

Israel carried out the strike on June 23 as its Defense Ministry said it was attacking ‘regime targets and government repression bodies in the heart of Tehran.’ The facility was known to hold many of Iran’s political prisoners and dissidents.

The prison attack came near the end of 12 days of Israeli strikes, which Israel claimed killed around 30 Iranian commanders and 11 nuclear scientists, while hitting eight nuclear-related facilities and more than 720 military infrastructure sites.

The status of Iran’s nuclear program remains unclear, even after President Donald Trump said American strikes on June 22 ‘obliterated’ Iran’s nuclear capabilities.

Rafael Grossi, the head of the International Atomic Energy Agency (IAEA), told CBS’ ‘Face the Nation’ in an interview Sunday that Iran’s capacities remain, but it is impossible to assess the full damage to the nuclear program unless inspectors are allowed in, which Iranian officials have not authorized.

‘It is clear that there has been severe damage, but it’s not total damage, first of all. And secondly, Iran has the capacities there, industrial and technological capacities. So if they so wish, they will be able to start doing this again,’ Grossi said.

Grossi said Iran could have centrifuges spinning enriched uranium ‘in a matter of months.’

‘Frankly speaking, one cannot claim that everything has disappeared and there is nothing there,’ he said.

The Associated Press contributed to this report.

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President Donald Trump’s 24th week back in the Oval Office is set to focus on Republican lawmakers sprinting to meet a July 4 deadline to pass a massive piece of legislation that will advance the president’s agenda, while the White House simultaneously juggles ongoing talks related to conflict and tensions in the Middle East.

Trump’s 23rd week in office was one of his most consequential on the books after he ordered U.S. military strikes on a trio of nuclear facilities in Iran last Saturday evening that critics said threatened to pull the U.S. into another war. Instead, the strikes appear to have wiped out Iran’s burgeoning nuclear program that had the Middle East and nations worldwide on edge. It ended in a ceasefire between Iran and Israel as Trump took a victory lap for ending the ’12 Day War.’

‘This is a War that could have gone on for years, and destroyed the entire Middle East, but it didn’t, and never will! God bless Israel, God bless Iran, God bless the Middle East, God bless the United States of America, and GOD BLESS THE WORLD!’ Trump posted to Truth Social last week.

‘One big, beautiful bill’ 

Republicans in Washington, D.C., are hyper-focused on passing the ‘one big, beautiful bill’ this week, ahead of lawmakers’ July 4 deadline to land the legislation on Trump’s desk for his signature. The budget reconciliation bill, if passed, will advance Trump’s agenda on taxes, immigration, energy, defense and the national debt. The legislation is currently before the Senate. 

Senate Republicans successfully carried the legislation over a procedural hurdle late on Saturday in a 51-49 party-line vote after hours of negotiations. All Republicans voted in support of advancing the bill except for Sens. Thom Tillis, R-N.C., and Rand Paul, R-Ky. Tillis announced on Sunday, after bucking Republican colleagues and the president, that he would not seek reelection in 2026.

Following the procedural vote, Senate Minority Leader Chuck Schumer, D-N.Y., required clerks on the Senate floor to read the entire 940-page Senate GOP’s version of Trump’s megabill as a delay tactic that stalled debate on the package by about 16 hours.

Senate lawmakers will hold 20 hours of debate that is evenly divided between Democrats and Republicans as the bill moves along ahead of the Friday deadline. Senate Democrats are expected to use all of their allotted time, while Senate Republicans will likely only use a portion of their hours.

‘Tonight we saw a GREAT VICTORY in the Senate with the ‘GREAT, BIG, BEAUTIFUL BILL,’ but, it wouldn’t have happened without the Fantastic Work of Senator Rick Scott, Senator Mike Lee, Senator Ron Johnson, and Senator Cynthia Lummis,’ Trump posted to Truth Social overnight Saturday. 

‘They, along with all of the other Republican Patriots who voted for the Bill, are people who truly love our Country! As President of the USA, I am proud of them all, and look forward to working with them to GROW OUR ECONOMY, REDUCE WASTEFUL SPENDING, SECURE OUR BORDER, FIGHT FOR OUR MILITARY/VETS, ENSURE THAT OUR MEDICAID SYSTEM HELPS THOSE WHO TRULY NEED IT, PROTECT OUR SECOND AMENDMENT, AND SO MUCH MORE.’ 

Ongoing discussions with Iran 

The White House is expected to hold ongoing talks with Iran this week after the U.S. successfully carried out military strikes on three nuclear facilities in the country last Saturday. 

‘So Iran wants to meet. As you know, their sites were obliterated. Their very evil nuclear sites,’ Trump told the media last week.

Details related to the reported discussions are vague, with Iran denying it is participating in ongoing talks, while the White House said the U.S. remains in close communication with Iranians and intermediaries.  

‘I spoke to our special envoy Witkoff at length this morning and I can assure all of you we continue to be in close communication with the Iranians and through our intermediaries as well, namely the Qataris, who have been an incredible ally and partner throughout this entire effort,’ White House press secretary Karoline Leavitt said during a briefing on Thursday. ‘And as I said, this administration is always focused on diplomacy and peace, and we want to ensure we can get to a place where Iran agrees to a non-enrichment civil nuclear program.

‘The president wants peace. He always has, and right now we’re on a diplomatic path with Iran. The president and his team, namely special envoy Witkoff, continue to be in communication with the Iranians and especially our Gulf and Arab partners in the region to come to an agreement with Iran,’ she added.

Trump announced on June 21 that the U.S. successfully carried out strikes on Iran in a Truth Social post that was not preceded by media leaks or speculation that an attack was imminent. The unexpected social media post was followed just hours later by a brief Trump address to the nation while flanked by Secretary of Defense Pete Hegseth, Secretary of State Marco Rubio and Vice President JD Vance. 

‘A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime: Fordow, Natanz and Isfahan,’ Trump said from the White House late on Saturday in an address to the nation regarding the strikes. ‘Everybody heard those names for years as they built this horribly destructive enterprise. Our objective was the destruction of Iran’s nuclear enrichment capacity, and a stop to the nuclear threat posed by the world’s No. 1 state sponsor of terror. Tonight, I can report to the world that the strikes were a spectacular military success.’

The operation included the longest B-2 spirit bomber mission since 2001, the second-longest B-2 mission ever flown and the largest B-2 operational strike in U.S. history, Hegseth said. 

Operation Midnight Hammer followed Israel launching preemptive strikes on Iran on June 12 after months of attempted and stalled nuclear negotiations and subsequent heightened concern that Iran was advancing its nuclear program.

Trump floats ceasefire in Gaza 

While celebrating the ceasefire between Israel and Iran, as well as a separate U.S.-brokered peace deal between Rwanda and the Democratic Republic of Congo on Friday, Trump predicted a potential ceasefire in Gaza as the war between Hamas and Israel continues since 2023. 

Trump called the situation in Gaza ‘terrible’ while speaking to the media from the Oval Office on Friday, but expressed optimism there could soon be a ceasefire between Israel and Hamas. 

‘I think it’s close. I just spoke with some of the people involved,’ said the president, adding, ‘We think within the next week we’re going to get a ceasefire.’ 

Trump also addressed the ongoing humanitarian crisis in Gaza, saying, ‘We’re supplying, as you know, a lot of money and a lot of food to that area because we have to. I mean, you have to. In theory, we’re not involved in it, but we’re involved because people are dying.’

‘MAKE THE DEAL IN GAZA. GET THE HOSTAGES BACK!!! DJT,’ Trump posted to Truth Social early on Sunday as he posted other messages related to the Big Beautiful Bill. 

Israeli Minister for Strategic Affairs Ron Dermer is expected to travel to Washington, D.C., this week to meet with U.S. counterparts to discuss a ceasefire deal, The Associated Press reported. 

Fox News Digital’s Alex Miller and Peter Pinedo contributed to this report.

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