WS #12837
No material new developments in the last 30 minutes. The Middle East situation remains escalated but no new incidents reported. LVMH earnings and Nvidia decline are already captured. No counter-signals or de-escalation observed.
Topics
Key developments
- Iran-backed Houthis claim drone attack on Saudi oil supply points; Saudi Arabia retaliates with airstrikes
- LVMH Q2 revenue beats consensus, US demand accelerates
- Nvidia falls 5% on reports of co-signing $250B guarantee for OpenAI data center, raising circular financing fears
- Trump calls for lower interest rates, says Fed board members are 'political'
- Ukraine strikes Iranian cargo vessel in Caspian Sea, linking Iran and Ukraine conflicts