WS #12852
No material new developments in the last 30 minutes. The dominant narratives from the previous cycle—AI infrastructure circular debt concerns and oil market selloff—remain unchanged with no new data points or counter-signals. The Fed meeting on Wednesday continues as the next major catalyst.
Topics
Key developments
- Nvidia in talks to guarantee up to $250B of OpenAI's Ohio data center lease and $350B in chip financing, spooking markets
- Oil prices crash sharply: WTI -8.08%, Brent -9.04% on oversupply fears and pressure to end Iran conflict
- Crypto stocks rally on rotation from AI infrastructure; bitcoin reclaims $65,000
- Iran warns of escalation over alleged US threats to commercial shipping; Netanyahu departs for US
- Trump presses Fed Chair Warsh for rate cuts ahead of Wednesday FOMC meeting