WS #12999
No material new developments in the last 30 minutes. The dominant narrative remains the US-Iran conflict and oil spike, with no new data points or counter-signals. The Fed decision and tech selloff continue as previously described.
Topics
Key developments
- Drone strike hits LNG tanker at Damietta Port, Egypt; fire reported on two vessels
- Nasdaq 100 enters technical correction, down >10% from June high
- FTC sues Hims & Hers for sharing health data with Meta and Snap
- Retail investors sell single stocks at fastest pace since COVID-19 crash
- CoreWeave boosts yield on $2.6B loan tied to Anthropic amid debt concerns
- Johnson & Johnson proposes $5.5B settlement for talc baby powder lawsuits
- OpenAI offers free AI access to 100,000 academic researchers through 2027
- US oil inventories fall to 'precariously low' level as Iran war disrupts supply