WS #12878
No material new developments in the last 30 minutes. The dominant narrative remains the de-escalation in US-Iran tensions and the oil price plunge, with the AI capex risk narrative persisting. No counter-signals or non-dominant-narrative developments have emerged to alter the previous synthesis.
Topics
Key developments
- Oil plunges 9% as US pauses Iran strikes, Trump touts talks
- Johnson & Johnson to pay up to $5.5B to settle talc lawsuits
- Netanyahu arrives in US for talks with Trump on Iran
- Japan's Topix and Nikkei both down 2%
- Micron's accounting chief sold shares before 10% drop