WS #13428
No material new developments in the last 30 minutes. The dominant narrative remains the US-Iran Hormuz deal hopes with oil down over 5%, and the AI earnings bifurcation (SpaceX, AMD, Palantir) continues to create pockets of volatility. No counter-signals or de-escalation have emerged to alter the prevailing risk-on tone.
Topics
Key developments
- US-Iran Hormuz deal imminent: Bessent says 'today or tomorrow'
- SpaceX Q2 revenue beats but AI capex and lock-up expiry sink stock
- AMD beats estimates but misses whisper number, stock falls after hours
- Jeff Bezos sells $4.1B of Amazon shares, creating overhang
- Palantir surges 29.5% on 'otherworldly' earnings, but Whale Rock fund loses 21.7% in July