WS #13437
No material new developments in the last 30 minutes. The dominant narrative remains the US-Iran deal optimism and its market effects, with no new data points or counter-signals to report.
Topics
Key developments
- SpaceX capex surge raises AI spending sustainability concerns
- US-Iran Hormuz deal hopes drive oil prices down, equities to records
- US-China tech tensions escalate with potential ban on Chinese data center services
- Fed's Schmid signals tighter policy needed, adding to hawkish chorus
- AMD earnings beat overshadowed by capex concerns, stock sinks 9% after hours