WS #13355
No material new developments in the last 30 minutes. The dominant risk-on narrative (US-Iran de-escalation, oil plunge, tech rally) remains intact with no counter-signals or fresh catalysts. Earnings and M&A headlines from the prior window are unchanged. Market action is likely to continue following the established trend until new information emerges.
Topics
Key developments
- Trump calls off strikes, Hormuz reopening hopes drive oil down ~5-7%
- Palantir Q2 revenue +93% YoY, US commercial +149%, raises guidance, stock +12.5% after-hours
- Amazon hits $3T market cap, tech mega-caps surge on AI optimism
- AAPL falls -1.8% with $465.7M dark pool order, diverging from tech rally
- Snap beats Q2, guides above, stock +18% after-hours
- AstraZeneca falls up to 7% on merger talks with Bristol-Myers, $400B pharma deal speculation
- 25 states sue over Trump's new tariffs, California files two lawsuits
- BOJ keeps rates unchanged but warns of inflation risks, signaling potential hikes