WS #12585
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: SMCI's after-hours surge on AI orders, with positive read-through for AI infrastructure peers, and ongoing Middle East tensions with oil price support. No counter-signals or de-escalation detected.
Topics
Key developments
- SMCI surges 18% after-hours on $60B+ AI orders and margin guidance raise to 15-17%
- Iran war escalation: Kuwait intercepts Iranian drones, Iran threatens wider war, cost reaches $37.5B
- Rocket Lab wins $266M U.S. government contract for 12 suborbital launches
- Apple raises Apple Music and Apple One prices citing structural cost pressures
- Chevron shuts Gulf operations ahead of Tropical Storm Bertha