WS #13278
No material new developments in the last 30 minutes. The dominant themes (US-Iran de-escalation, OPEC+ output hike, AstraZeneca-BMS merger talks, MAG7 capex divergence, bond market rout) remain unchanged with no new data points or counter-signals. The situation is stable, and no new actionable market-moving information has emerged.
Topics
Key developments
- Iran rejects Trump's Hormuz reopening claim, strait remains closed
- OPEC+ approves 188k bpd output hike for September, but analysts say largely theoretical
- AstraZeneca explored $400B merger with Bristol Myers Squibb
- Amazon's capex raise to $220B drives 15.3% stock surge, contrasting Alphabet's selloff
- Ukraine drone strikes kill 8 in Russia, hit Wildberries warehouse and Saratov refinery