WS #12996
No genuinely new material developments in the last 30 minutes. The dominant narrative remains the US-Iran escalation and Damietta drone strike, with no counter-signals or de-escalation. The FTC lawsuit against Hims & Hers and the tech selloff continue as previously reported. No new data points to update the narrative.
Topics
Key developments
- Drone strike hits US-owned LNG vessel at Egypt's Damietta Port, oil jumps 7%
- FTC sues Hims & Hers for sharing user health data with Meta and Snap
- Nasdaq 100 down 9.5% in July, XLK Tech ETF near worst month since 2008
- Dark pool alert: $196.5M institutional buy in MSFT ahead of earnings