WS #13346
No material new developments in the last 30 minutes. The prevailing risk-on narrative from de-escalation in the US-Iran conflict, oil price plunge, and Amazon's $3 trillion market cap breakthrough remains intact with no counter-signals or fresh catalysts. Markets continue to trade on the same themes, with no new data points to alter the outlook.
Topics
Key developments
- Trump cancels planned strikes on Iran, oil prices plunge over 5%
- Amazon crosses $3 trillion market cap, stock up ~5%
- US and Japan confirm coordinated FX intervention to support yen
- Trump criticizes Exxon and Chevron for making 'too much money', demands lower gas prices
- Boeing jumps ~7.5% on double upgrade and 737 Max 7 certification
- 25 Democratic-led states sue Trump administration over latest tariffs
- Vertex raises FY2026 sales guidance and beats Q2 estimates
- Cyclospora outbreak linked to Taco Bell lettuce, two deaths in Michigan