Executive Summary
Key market highlights and overall sentiment assessment
Key Highlights
- AI trade faces a major setback as OpenAI delays IPO to 2027, triggering a broad tech selloff and dragging down chip stocks like Nvidia and AMD.
- Inflation remains a dominant concern: the Fed's preferred PCE measure hit a 3-year high, with Minneapolis Fed President Kashkari signaling a possible rate hike this year.
- Geopolitical tensions in the Strait of Hormuz persist but oil prices are declining as ships continue crossing, with supply fears easing.
- Consumer sentiment remains near record lows despite a slight uptick, while the US economy grew at 2.1% in Q1.
- Silver and gold prices are down sharply (silver -9.1% since Monday, gold -11% since June 1) amid rising real yields and a stronger dollar.
- A rotation from semiconductors to software is underway, with ServiceNow, Workday, and Palantir gaining as chip stocks slide.
- Polymarket's revenue milestone highlights the growth of prediction markets and alternative finance.
1Prediction market platform Polymarket tops $1 billion in annualized revenue, source says
2There’s Been a Subtle Shift in the AI Zeitgeist
10PCE report: Fed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play - Yahoo Finance
12Morgan Stanley, Goldman Shares Fall on Possible OpenAI IPO Delay
29Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
38Stock market today: Dow, S&P 500, Nasdaq waver as report of OpenAI IPO delay rattles chip stocks
42Nvidia Stock Continues Slide Amid Tech Sell-Off
52Gold prices today, Friday, June 26: Gold prices down over 11% since June 1
61AI trade hits a wall amid report that OpenAI will delay IPO until 2027
62Stocks Edge Up at End of Bruising Week to AI Trade: Markets Wrap
Market Insights
Sector trends, themes, and emerging market dynamics
Key Market Themes
Sector Analysis
Technology (AI & Semiconductors)
Sharp selloff driven by OpenAI IPO delay to 2027, with Nvidia, AMD, and other chip stocks declining. Software stocks (ServiceNow, Workday, Palantir) are outperforming as a rotation occurs.
Near-term volatility in AI-related names; potential for a correction in overvalued semiconductor stocks. Software may benefit from AI adoption without hardware exposure.
2There’s Been a Subtle Shift in the AI Zeitgeist
12Morgan Stanley, Goldman Shares Fall on Possible OpenAI IPO Delay
24Why Advanced Micro Devices Stock Slipped on Friday
34Palantir Stock Rises As Software Sector Rallies Amid Semiconductor Sell-Off
36The Market Rotation Is On. ServiceNow, Workday, and AppLovin Rise as Software Tops Chips.
38Stock market today: Dow, S&P 500, Nasdaq waver as report of OpenAI IPO delay rattles chip stocks
42Nvidia Stock Continues Slide Amid Tech Sell-Off
61AI trade hits a wall amid report that OpenAI will delay IPO until 2027
62Stocks Edge Up at End of Bruising Week to AI Trade: Markets Wrap
Energy (Oil & Gas)
Oil prices are falling despite a ship attack in the Strait of Hormuz, as supply concerns ease and Saudi Arabia ramps up exports. US crude dropped below $70/barrel.
Lower oil prices could reduce inflationary pressures but hurt energy sector earnings. Geopolitical risk remains but is being discounted.
3Oil Heads for Weekly Decline Despite Hormuz Ship Attack
26U.N. agency pauses Strait of Hormuz evacuation effort as ship is struck off Oman
39Oil Prices Might Keep Falling Into 2027, Strategist Amoroso Says
51Oil slides nearly 2% as markets look past fresh Iran tensions and focus on supply outlook
68US Oil Plunges Below $70 as Ships Keep Crossing Strait of Hormuz
93Saudi Arabia Is Ramping Up Oil Exports as Gulf Ports Restart
Healthcare
Mixed: Bristol Myers Squibb vs. Johnson & Johnson comparison shows defensive appeal. Supreme Court blocks Roundup lawsuits, benefiting J&J. Healthcare stocks are seen as safe havens.
Healthcare may offer stability amid tech volatility. J&J is a recommended beginner stock with dividend reliability.
6Bristol Myers Squibb vs. Johnson & Johnson: Which Healthcare Stock Is a Better Buy in 2026?
8Johnson & Johnson (JNJ): Among the Best Stocks For Beginners to Buy Now
50Supreme Court blocks thousands of suits claiming Roundup causes cancer - The Washington Post
Consumer Discretionary
Auto industry fears USMCA shakeup; Nike stock languishes but turnaround optimism builds. Bed Bath & Beyond gets a bull rating on 'Everything Home' transformation.
Consumer spending remains under pressure from inflation and high rates. Selective opportunities in home improvement and turnaround stories.
4Auto Industry Fears USMCA Shakeup
5Bed Bath & Beyond Nabs Bull on ‘Everything Home’ Transformation
22Nike Stock Languishes, But Looming Earnings Report Fuels Turnaround Optimism
55GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling - CNBC
Precious Metals
Silver and gold prices are down sharply (silver -9.1% since Monday, gold -11% since June 1) after the PCE report and hawkish Fed comments.
Rising real yields and a stronger dollar are weighing on precious metals. Safe-haven demand is weak despite geopolitical tensions.
Financials
Morgan Stanley and Goldman Sachs shares fell on OpenAI IPO delay. JPMorgan named new co-presidents, setting up succession. Bond traders are stunned by losses on SpaceX debt.
Investment banks with tech exposure are vulnerable. Bond market stress signals credit concerns.
Crypto & Blockchain
Bitcoin lost $60K, Worldcoin and Pepe lead losses amid a $1B wipeout. Strategy's Saylor acknowledges 'volatility test' as STRC hits new low.
Crypto is under pressure from rising rates and risk-off sentiment. Bitcoin weakness is dragging related equities.
27Strategy's Saylor Acknowledges 'Volatility Test' as STRC Hits New Low on Bitcoin Weakness
74Bitcoin and ethereum prices today, Friday, June 26, 2026: June hasn't been kind to crypto prices
80Bitcoin loses $60K, Worldcoin and Pepe lead losses amid $1B wipeout
82Cantor Bitcoin SPAC Lets Investors Pledge Less as Crypto Slides
Risk Assessment
Identified risk factors, impact levels and mitigation strategies
10PCE report: Fed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play - Yahoo Finance
13Key measure of inflation climbed in May as surging oil prices pushed costs higher
29Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
47US economy grew at 2.1% in first quarter - Fox Business
94Euro Zone Probably Saw First Inflation Slowdown Since Iran War Began
2There’s Been a Subtle Shift in the AI Zeitgeist
12Morgan Stanley, Goldman Shares Fall on Possible OpenAI IPO Delay
20AI Selloff Drives Worst Week for EM Stocks Since March
24Why Advanced Micro Devices Stock Slipped on Friday
31OpenAI Weighs IPO in 2027 After Expected Anthropic Public Debut
38Stock market today: Dow, S&P 500, Nasdaq waver as report of OpenAI IPO delay rattles chip stocks
42Nvidia Stock Continues Slide Amid Tech Sell-Off
61AI trade hits a wall amid report that OpenAI will delay IPO until 2027
62Stocks Edge Up at End of Bruising Week to AI Trade: Markets Wrap
3Oil Heads for Weekly Decline Despite Hormuz Ship Attack
26U.N. agency pauses Strait of Hormuz evacuation effort as ship is struck off Oman
39Oil Prices Might Keep Falling Into 2027, Strategist Amoroso Says
51Oil slides nearly 2% as markets look past fresh Iran tensions and focus on supply outlook
68US Oil Plunges Below $70 as Ships Keep Crossing Strait of Hormuz
93Saudi Arabia Is Ramping Up Oil Exports as Gulf Ports Restart
4Auto Industry Fears USMCA Shakeup
5Bed Bath & Beyond Nabs Bull on ‘Everything Home’ Transformation
21US Consumer Sentiment Rises But Remains Close to Record Low
22Nike Stock Languishes, But Looming Earnings Report Fuels Turnaround Optimism
67US Consumer Sentiment Rises But Remains Near Record Low
28Bond Traders Stunned as Losses on SpaceX’s New Debt Keep Growing
63SpaceX Index Era Sets Up Clash Among Shorts and Passive Billions
88SpaceX stock on track to shed 18% this week
27Strategy's Saylor Acknowledges 'Volatility Test' as STRC Hits New Low on Bitcoin Weakness
74Bitcoin and ethereum prices today, Friday, June 26, 2026: June hasn't been kind to crypto prices
80Bitcoin loses $60K, Worldcoin and Pepe lead losses amid $1B wipeout
82Cantor Bitcoin SPAC Lets Investors Pledge Less as Crypto Slides
Strategic Recommendations
Actionable investment opportunities and defensive strategies
Investment Opportunities
Rotate into software and AI application stocks (e.g., ServiceNow, Workday, Palantir) as the AI trade shifts from hardware to software.
medium-termThe market is rotating from semiconductors to software, which benefits from AI adoption without the same valuation risk.
Buy Johnson & Johnson (JNJ) as a defensive healthcare play with strong dividend and legal clarity from Supreme Court Roundup ruling.
long-termJNJ offers stability amid tech volatility, a solid dividend, and reduced legal overhang.
Consider short-term positions in natural gas (UNG) as hot forecasts and July contract expiry drive prices up.
short-termUS natural gas is rising on hot weather forecasts, offering a tactical opportunity.
Defensive Strategies
Increase cash allocation and reduce exposure to high-beta tech and crypto.
short-termMarket volatility is elevated with AI selloff, inflation fears, and geopolitical risks. Cash provides optionality.
Buy short-duration Treasury bonds or TIPS to hedge against inflation and rate hike risk.
short-termRising PCE and hawkish Fed comments suggest rates may go higher, making short-duration bonds less sensitive.
Add to positions in consumer staples and utilities for defensive income.
medium-termConsumer sentiment is near record lows, and defensive sectors provide stability.
34Palantir Stock Rises As Software Sector Rallies Amid Semiconductor Sell-Off
36The Market Rotation Is On. ServiceNow, Workday, and AppLovin Rise as Software Tops Chips.
62Stocks Edge Up at End of Bruising Week to AI Trade: Markets Wrap
6Bristol Myers Squibb vs. Johnson & Johnson: Which Healthcare Stock Is a Better Buy in 2026?
8Johnson & Johnson (JNJ): Among the Best Stocks For Beginners to Buy Now
50Supreme Court blocks thousands of suits claiming Roundup causes cancer - The Washington Post
66US Natural Gas Rises on Hot Forecasts as July Contract Expires
5Bed Bath & Beyond Nabs Bull on ‘Everything Home’ Transformation
12Morgan Stanley, Goldman Shares Fall on Possible OpenAI IPO Delay
20AI Selloff Drives Worst Week for EM Stocks Since March
38Stock market today: Dow, S&P 500, Nasdaq waver as report of OpenAI IPO delay rattles chip stocks
61AI trade hits a wall amid report that OpenAI will delay IPO until 2027
10PCE report: Fed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play - Yahoo Finance
13Key measure of inflation climbed in May as surging oil prices pushed costs higher
29Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
47US economy grew at 2.1% in first quarter - Fox Business
21US Consumer Sentiment Rises But Remains Close to Record Low
67US Consumer Sentiment Rises But Remains Near Record Low
3Oil Heads for Weekly Decline Despite Hormuz Ship Attack
39Oil Prices Might Keep Falling Into 2027, Strategist Amoroso Says
51Oil slides nearly 2% as markets look past fresh Iran tensions and focus on supply outlook
68US Oil Plunges Below $70 as Ships Keep Crossing Strait of Hormuz
93Saudi Arabia Is Ramping Up Oil Exports as Gulf Ports Restart
Market Outlook
Forward-looking scenarios, key catalysts and indicators to watch
Short-term · 1–3 months
Markets are likely to remain volatile over the next 1-3 months as the AI trade corrects, inflation data remains hot, and the Fed signals a potential rate hike. The rotation from growth to value/defensive will continue. Oil may stabilize but remain under $70. Consumer sentiment will stay weak.
Long-term · 6–12 months
Over 6-12 months, if inflation moderates and the Fed pauses, a recovery in tech and consumer discretionary could occur. However, structural risks from AI overvaluation, geopolitical instability, and high debt levels persist. A 70% crash warning from Jeremy Grantham underscores extreme valuations.
Key Catalysts
- Fed rate decision in July 2026 and subsequent commentary
- OpenAI IPO timeline clarity and Anthropic public debut
- USMCA renegotiation impact on auto industry
- Strait of Hormuz shipping safety and oil supply dynamics
- Q2 2026 earnings season, especially for tech and consumer sectors
- US housing market response to new legislation
- ECB regulatory changes and bank lending impact
- China's economic stimulus and trade policies
Monitor Closely
- PCE and CPI inflation reports
- Fed speeches (Kashkari, Warsh)
- Oil prices and Strait of Hormuz incidents
- Nvidia and AMD stock performance as AI bellwethers
- Bitcoin price and crypto market stability
- Consumer sentiment index
- US dollar index (DXY)
- Gold and silver price trends
- JPMorgan succession news
- SpaceX debt market performance
1Prediction market platform Polymarket tops $1 billion in annualized revenue, source says
2There’s Been a Subtle Shift in the AI Zeitgeist
3Oil Heads for Weekly Decline Despite Hormuz Ship Attack
4Auto Industry Fears USMCA Shakeup
5Bed Bath & Beyond Nabs Bull on ‘Everything Home’ Transformation
6Bristol Myers Squibb vs. Johnson & Johnson: Which Healthcare Stock Is a Better Buy in 2026?
7Silver prices today, Friday, June 26, 2026: Down 9.1% since Monday following latest PCE report
8Johnson & Johnson (JNJ): Among the Best Stocks For Beginners to Buy Now
10PCE report: Fed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play - Yahoo Finance
12Morgan Stanley, Goldman Shares Fall on Possible OpenAI IPO Delay
13Key measure of inflation climbed in May as surging oil prices pushed costs higher
17Stock Market Today: Dow Jones Turns Higher After Soft Start; Microsoft Leads Software Rally (Live Coverage)
20AI Selloff Drives Worst Week for EM Stocks Since March
21US Consumer Sentiment Rises But Remains Close to Record Low
22Nike Stock Languishes, But Looming Earnings Report Fuels Turnaround Optimism
23Jeremy Grantham Warns U.S. Stocks Could Plunge 70% in the Most Expensive Market in History
24Why Advanced Micro Devices Stock Slipped on Friday
26U.N. agency pauses Strait of Hormuz evacuation effort as ship is struck off Oman
27Strategy's Saylor Acknowledges 'Volatility Test' as STRC Hits New Low on Bitcoin Weakness
28Bond Traders Stunned as Losses on SpaceX’s New Debt Keep Growing
29Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
30Apple’s shares plunge after it hikes prices on iPads and laptops
31OpenAI Weighs IPO in 2027 After Expected Anthropic Public Debut
33World stocks edge lower as tech selloff drags markets
34Palantir Stock Rises As Software Sector Rallies Amid Semiconductor Sell-Off
36The Market Rotation Is On. ServiceNow, Workday, and AppLovin Rise as Software Tops Chips.
38Stock market today: Dow, S&P 500, Nasdaq waver as report of OpenAI IPO delay rattles chip stocks
39Oil Prices Might Keep Falling Into 2027, Strategist Amoroso Says
42Nvidia Stock Continues Slide Amid Tech Sell-Off
44OpenAI Leans Toward Waiting Until 2027 for IPO, NYT Says
46Stock Market Today: Nasdaq Stumbles Despite Micron Blockbuster Earnings; Wendy's in Focus — Live Updates - WSJ
47US economy grew at 2.1% in first quarter - Fox Business
50Supreme Court blocks thousands of suits claiming Roundup causes cancer - The Washington Post
51Oil slides nearly 2% as markets look past fresh Iran tensions and focus on supply outlook
52Gold prices today, Friday, June 26: Gold prices down over 11% since June 1
55GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling - CNBC
61AI trade hits a wall amid report that OpenAI will delay IPO until 2027
62Stocks Edge Up at End of Bruising Week to AI Trade: Markets Wrap
68US Oil Plunges Below $70 as Ships Keep Crossing Strait of Hormuz
70US Stocks Pare Drop on Improved Sentiment Despite Tech Declines
74Bitcoin and ethereum prices today, Friday, June 26, 2026: June hasn't been kind to crypto prices
80Bitcoin loses $60K, Worldcoin and Pepe lead losses amid $1B wipeout
82Cantor Bitcoin SPAC Lets Investors Pledge Less as Crypto Slides
88SpaceX stock on track to shed 18% this week
89JPMorgan names 2 new co-presidents, setting up race to succeed Jamie Dimon - Fox Business
93Saudi Arabia Is Ramping Up Oil Exports as Gulf Ports Restart
94Euro Zone Probably Saw First Inflation Slowdown Since Iran War Began
Prediction market platform Polymarket tops $1 billion in annualized revenue, source says
There’s Been a Subtle Shift in the AI Zeitgeist
Oil Heads for Weekly Decline Despite Hormuz Ship Attack
Auto Industry Fears USMCA Shakeup
Bed Bath & Beyond Nabs Bull on ‘Everything Home’ Transformation
Bristol Myers Squibb vs. Johnson & Johnson: Which Healthcare Stock Is a Better Buy in 2026?
Silver prices today, Friday, June 26, 2026: Down 9.1% since Monday following latest PCE report
Johnson & Johnson (JNJ): Among the Best Stocks For Beginners to Buy Now
Ireland’s best ice-creams from makers that use Irish milk
PCE report: Fed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play - Yahoo Finance
Canadian Testing Company CSA Taps Jefferies to Explore a Sale
Morgan Stanley, Goldman Shares Fall on Possible OpenAI IPO Delay
Key measure of inflation climbed in May as surging oil prices pushed costs higher
Trump name-dropped Nokia and Eli Lilly in a Pennsylvania speech. Here's what happened to 5 other stocks he singled out
From models to studios: how AI video investment is evolving
Brazil’s Top Pork Exporter Boosting Output to Target Asia Demand
Stock Market Today: Dow Jones Turns Higher After Soft Start; Microsoft Leads Software Rally (Live Coverage)
New York Mets Fire Manager Mendoza After Rough First Half
Worried About a Stock Market Sell-Off? This Rock-Solid Dividend Stock Will Let You Sleep Well at Night.
AI Selloff Drives Worst Week for EM Stocks Since March
US Consumer Sentiment Rises But Remains Close to Record Low
Nike Stock Languishes, But Looming Earnings Report Fuels Turnaround Optimism
Jeremy Grantham Warns U.S. Stocks Could Plunge 70% in the Most Expensive Market in History
Why Advanced Micro Devices Stock Slipped on Friday
Poppi founder Allison Ellsworth on building a billion-dollar soda business
U.N. agency pauses Strait of Hormuz evacuation effort as ship is struck off Oman
Strategy's Saylor Acknowledges 'Volatility Test' as STRC Hits New Low on Bitcoin Weakness
Bond Traders Stunned as Losses on SpaceX’s New Debt Keep Growing
Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
Apple’s shares plunge after it hikes prices on iPads and laptops
OpenAI Weighs IPO in 2027 After Expected Anthropic Public Debut
Close the skills gap before AI tools outrun the people using them
World stocks edge lower as tech selloff drags markets
Palantir Stock Rises As Software Sector Rallies Amid Semiconductor Sell-Off
Daily – Vickers Top Buyers & Sellers for 06/26/2026
The Market Rotation Is On. ServiceNow, Workday, and AppLovin Rise as Software Tops Chips.
The 2026 Forbes World’s Most Influential CMOs List - Forbes
Stock market today: Dow, S&P 500, Nasdaq waver as report of OpenAI IPO delay rattles chip stocks
Oil Prices Might Keep Falling Into 2027, Strategist Amoroso Says
Tallest Building in Beijing Damaged After Apparent Small Airplane Crash
Feds deny Polestar authorization to sell cars in US from model year 2027 - Ars Technica
Nvidia Stock Continues Slide Amid Tech Sell-Off
Seller concessions vs. seller credit: What's the difference?
OpenAI Leans Toward Waiting Until 2027 for IPO, NYT Says
LMA marks 25 years as Lloyd's market voice amid accelerating global risk
Stock Market Today: Nasdaq Stumbles Despite Micron Blockbuster Earnings; Wendy's in Focus — Live Updates - WSJ
US economy grew at 2.1% in first quarter - Fox Business
When Rates Are Up and Your Cash Is Still Tight. Here Is What Is Actually What Could Be Going On.
Mortgage and refinance interest rates today, Friday, June 26, 2026: Rates relatively flat heading into the weekend
Supreme Court blocks thousands of suits claiming Roundup causes cancer - The Washington Post
Oil slides nearly 2% as markets look past fresh Iran tensions and focus on supply outlook
Gold prices today, Friday, June 26: Gold prices down over 11% since June 1
Driver’s biometrics case against ULH expands to class action
Dollar falls for second straight day but poised for weekly gain
GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling - CNBC
Aluminum Heads for Fourth Weekly Drop on Mideast Supply Return
ECB Scraps Outdated Supervisory Guides to Boost Bank Lending
After losing one billionaire tax battle, Gavin Newsom prepares to wage another
Market Digest: CCL, SPCX
AirAsia to drop non-stop Singapore-Jakarta flights
AI trade hits a wall amid report that OpenAI will delay IPO until 2027
Stocks Edge Up at End of Bruising Week to AI Trade: Markets Wrap
SpaceX Index Era Sets Up Clash Among Shorts and Passive Billions
This Energy Stock Tests Support, Eyes Entry Amid Strait Of Hormuz Uncertainty
Simplifying Insurance: Types of Coverage, Credit Impact, More
US Natural Gas Rises on Hot Forecasts as July Contract Expires
US Consumer Sentiment Rises But Remains Near Record Low
US Oil Plunges Below $70 as Ships Keep Crossing Strait of Hormuz
Selling a house for OpenAI or Anthropic stock is legal. It's also harder than it sounds.
US Stocks Pare Drop on Improved Sentiment Despite Tech Declines
Woman died of ‘traumatic injuries’ in crash days after Christmas, inquest hears
Trump touts U.S. economy and oil prices in a midterm pitch in Pennsylvania
Trump proposal would jack up citizenship fees by as much as 80%
Bitcoin and ethereum prices today, Friday, June 26, 2026: June hasn't been kind to crypto prices
FedEx Freight’s First Earnings Report Beats Estimates. The Stock Doesn’t Move.
Top Line raises up to ₱1.5 billion for Visayas expansion
Boeing Wins Jet Deal From China Southern Valued at $3.62B
US goods trade deficit hits 14-month high in May as imports surge
AI, risk and leadership in Africa: Responsible adoption is the real advantage
Bitcoin loses $60K, Worldcoin and Pepe lead losses amid $1B wipeout
House passes sweeping bill to lower housing costs, sending it to Trump’s desk
Cantor Bitcoin SPAC Lets Investors Pledge Less as Crypto Slides
Apple raises Mac and iPad prices, spares iPhone for now - TechCrunch
Bosch CEO Unexpectedly Leaves Biggest Car-Parts Maker
South Korea's Kospi Slumps As SoftBank Rout Drags Asia Down
AMD’s stock split history (& prospects) explained
Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit
SpaceX stock on track to shed 18% this week
JPMorgan names 2 new co-presidents, setting up race to succeed Jamie Dimon - Fox Business
Daily – Vickers Top Insider Picks for 06/26/2026
Rocket Lab Rises on NASA Selection; Microsoft Down on Tech Selloff | Stock Movers
This Regulatory Rollback For Robotaxis Is Set To Help Tesla, Amazon, Google
Saudi Arabia Is Ramping Up Oil Exports as Gulf Ports Restart
Euro Zone Probably Saw First Inflation Slowdown Since Iran War Began
Reddit co-founder on the expansion of the internet: 'We will never be able to escape' - Yahoo! Finance Canada
Wall Street Embraces the Dollar as Warsh’s Fed Activates Bulls
China Three Gorges Is Said In Talks to Buy German Wind Assets