WS #13486
No material new developments in the last 30 minutes. The dominant narrative remains the US-Iran-Oman Hormuz deal, which is stable with no new data points. No counter-signals or non-dominant-narrative developments have emerged. The situation is unchanged from the previous synthesis.
Topics
Key developments
- Iran and Oman reach understanding on Hormuz shipping route; joint statement in final drafting
- US lifts sanctions on three Iranian airlines and two aircraft
- SpaceX shares fall ~13% on massive AI capex; Nvidia surges on SpaceX commitment to Vera Rubin
- Alphabet (GOOGL) down ~4% on DeepMind leadership reshuffle; Jeff Dean leaves to start AI startup
- Phillips 66 beats Q2 earnings on refining margins; raises shareholder returns
- Disney rises 4.6% on Toy Story 5 box office and streaming strength
- Eli Lilly raises guidance on GLP-1 strength; Novo Nordisk falls on guidance
- Iran threatens to strike Gulf states if US launches new strikes