WS #13471
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: broad equity rally, Hormuz de-escalation, and GOOGL leadership reshuffle pressure. No counter-signals or new data points have emerged to alter the prior assessment.
Topics
Key developments
- Google AI leadership reshuffle: Jeff Dean departs, Hassabis steps down as DeepMind CEO
- Iran announces agreement with Oman on Hormuz shipping route, but unconfirmed
- Eli Lilly beats Q2 earnings and raises 2026 guidance on strong Mounjaro/Zepbound sales
- SpaceX to build AI infrastructure exclusively on Nvidia, boosting NVDA
- Fed's Kashkari calls for immediate rate hikes to curb inflation
- Disney reports strong Q3 with record parks revenue, but international parks operating income down 13%
- AI infrastructure buildout refutes 'peak AI spending' thesis
- GameStop shares hit lowest since Aug 2024 on $1.4B debt-for-equity swap dilution