WS #13469
No material new developments in the last 30 minutes. The dominant US-Iran Strait of Hormuz narrative remains stable with no new data points, and all other previously surfaced themes (SpaceX earnings, Shopify surge, Disney parks, Mosaic sulfur warning, Cushing inventory build, Michigan primary, Google AI deal) have not been updated or contradicted. No counter-signals or de-escalation events have emerged in this window.
Topics
Key developments
- SpaceX first earnings double-beat overshadowed by 6x capex surge to $18.4B; stock falls
- Google DeepMind CEO Hassabis steps down; Jeff Dean and AI staffers depart to found startup
- Disney parks record revenue despite US travel slump; shares +2%
- Shopify surges 19% on Q2 revenue beat and AI-driven order tripling
- Michigan progressive El-Sayed wins Senate primary; ally Lawrence wins House primary on datacenter moratorium
- Iran announces agreement with Oman on Hormuz shipping route; oil prices fall
- Astera Labs $5.5M call sweep after double-beat; RBC raises PT to $500