WS #13483
No material new developments in the last 30 minutes. The dominant Hormuz deal narrative and the GOOGL AI talent story remain unchanged, with no fresh data points or counter-signals to report.
Topics
Key developments
- Iran and Oman finalize Hormuz shipping route agreement; Trump says deal could come as early as Wednesday
- Alphabet shares drop ~4-5% as Jeff Dean departs and Demis Hassabis steps down as DeepMind CEO
- SpaceX stock falls ~11% despite revenue beat as AI capex concerns weigh
- AMD drops ~8% despite record Q2 revenue as customer concentration concerns emerge
- Disney beats profit estimates on strong parks and streaming, announces TikTok partnership, shares rise 3.65%
- Eli Lilly stock surging ahead of earnings, Novo Nordisk slides 6% on guidance disappointment
- Houthis claim missile strike on Saudi oil tanker in Gulf of Aden; UKMTO reports incident, no damage
- US crude oil inventories unexpectedly rise by 2.479M barrels, distillate drawdown continues