WS #13361
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: risk-on rally driven by US-Iran de-escalation, with oil prices plunging and the Dow at record highs. No counter-signals or de-escalation events have emerged to alter the prevailing thesis. The situation is STABLE, with no new data points to report.
Topics
Key developments
- Trump says Iran's 'last chance' and threatens 'decapitation' if no deal, while claiming Hormuz could reopen 'by tomorrow'
- Trump attacks Exxon and Chevron for making 'too much money', demands lower gasoline prices
- 25 states sue Trump administration over new Section 301 tariffs, calling them illegal
- Amazon market cap surpasses $3 trillion as AI-driven cloud growth fuels rally
- Apple falls 1.78% while other MAG7 stocks rally; faces new regulatory actions in Russia and UK