Broadcom-Meta AI Deal, US-Iran Ceasefire Confirmed, US Tariff Warnings

Market News
1. Broadcom extends its partnership with Meta to supply custom AI chip technology, sending its shares up 2.9% after-hours.
2. U.S. VP Vance confirmed that the ceasefire with Iran is holding and negotiations are underway, easing geopolitical tensions.
3. U.S. Treasury Chief Bessent stated the U.S. economy remains strong but warned that tariffs could return to previous levels by early July.