WS #13329
No material new developments in the last 30 minutes. The dominant US-Iran de-escalation narrative remains stable with no new data points, and no counter-signals or non-dominant-narrative developments have emerged. The previous synthesis accurately captures the current state of the market.
Topics
Key developments
- Trump cancels strike on Iran, talks to resume, but US denies new negotiations and Iran refuses to reopen Hormuz
- Amazon crosses $3 trillion market cap on strong Q2 AWS results
- FAA certifies Boeing 737 MAX 7 after years of delays
- AstraZeneca falls ~9% on reports of $400B merger talks with Bristol Myers
- Copper prices near record highs on AI demand
- Bitcoin falls below $63K with $265M ETF outflows
- Cyclospora outbreak deaths in Michigan could pressure produce companies