WS #12825
No material new developments in the last 30 minutes. The previous synthesis remains current: oil rally fragile due to ongoing Saudi infrastructure attacks, China chip breakthrough pressures US semis, and Nvidia/TSLA/RIVN/Amazon stories unchanged.
Topics
Key developments
- Houthis claim drone strikes on Saudi oil infrastructure; satellite imagery shows smoke at Abqaiq refinery
- China starts mass-producing homegrown DUV chipmaking tools
- Nvidia credit risk jumps in swaps market on AI deal talk reports
- Deutsche Bank lowers TSLA price target to $420 from $465 on slower Robotaxi/Optimus scaling
- Piper Sandler upgrades RIVN to Overweight with $20 target on smooth R2 launch and de-risked balance sheet
- Amazon Leo proposes 5,105 satellites for direct-to-device service
- Russia extends crude oil export ban through end of 2026 while lifting diesel export restrictions