WS #13017
No material new developments in the last 30 minutes. The previous synthesis remains current: US-Iran conflict escalation with Saudi involvement continues to drive oil prices and defense stocks, while tech earnings divergence between MSFT and META persists. No counter-signals or de-escalation observed.
Topics
Key developments
- Saudi Arabia enters US-Iran war with strikes in Iraq; crude oil surges 6.56%
- Microsoft Q4 beats: Revenue $90B vs $87.6B, Azure +43%, Commercial RPO $678B
- Meta Q2 EPS miss: $6.18 vs $7.22, costs surge 55% YoY, stock falls 6-7% after hours
- Starbucks raises FY2026 EPS guidance to $2.55-$2.65, same-store sales +7.9%
- Qualcomm issues light Q4 EPS guidance, announces price increases from Sept 1