WS #12894
No material new developments in the last 30 minutes. The dominant AI/semiconductor selloff narrative continues without escalation or de-escalation signals. No counter-signals or non-dominant-narrative developments emerged. The previous synthesis remains current.
Topics
Key developments
- AI/Semiconductor rout deepens: Google's capex hike and negative FCF spook investors ahead of Amazon, Meta, Microsoft earnings
- Coca-Cola beats Q2 estimates, raises FY26 EPS guidance on 5% volume growth
- OPEC+ plans to pause oil output quota hikes after September, delegates say
- Oil prices tumble as US-Iran strikes pause for second day; Brent crude closes down 11.3% at $85.87
- Illinois Tool Works beats Q2 estimates, raises FY26 guidance
- CTS Corporation beats Q2 estimates, raises FY26 outlook
- Franklin Electric beats Q2 estimates, raises FY26 guidance
- Ecolab beats Q2 estimates, lowers FY26 EPS guidance