WS #13222
No material new developments in the last 30 minutes. The dominant US-Iran conflict narrative remains unchanged with no fresh escalation or de-escalation signals, and no new data points on the Fed, AI trade, or other previously covered themes have emerged. The situation is stable relative to the prior window.
Topics
Key developments
- Iran strikes tankers under US escort in Strait of Hormuz, oil above $90
- Microsoft jumps 15% on Azure acceleration, Meta sinks 8% on weak guidance
- Fed signals potential September hike, 57% probability priced in
- Samsung warns memory shortage to worsen through 2027, raising costs for Apple
- Situational Awareness hedge fund collapses from $45B to $10B on margin calls