WS #13408
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: markets at record highs on AI earnings and US-Iran Hormuz deal hopes, with oil prices suppressed. No counter-signals or de-escalation have emerged to alter the prevailing bullish thesis.
Topics
Key developments
- US-Iran Hormuz deal could come 'today or tomorrow' per Bessent; Qatar reports 'very advanced' progress
- Palantir (PLTR) soars 26% on Q2 revenue growth of 93%, US commercial up 149%
- Chipotle (CMG) tumbles up to 9% after removing jalapeños linked to Minnesota salmonella outbreak (110 cases)
- Caterpillar (CAT) raises 2026 outlook on AI-driven power demand; backlog soars 92% to $72B
- Trump criticizes Exxon and Chevron for 'too much money' off high oil prices
- OPEC output rose 1.16M bpd in July led by Gulf nations, per survey
- Novo Nordisk (NVO) slips 5% despite raising guidance; Q2 sales up 3% cc
- Amazon (AMZN) slips 2.5% after Bezos plans to sell ~$4B in shares