WS #13488
No material new developments in the last 30 minutes. The dominant US-Iran-Oman Hormuz deal narrative remains unchanged, with no new data points beyond what was previously reported. Oil prices and market levels are stable, and no new counter-signals or de-escalation events have emerged. The SpaceX earnings and Nvidia surge are also unchanged from prior reporting.
Topics
Key developments
- Iran and Oman finalize Hormuz shipping route coordinates; US lifts sanctions on Iran-linked airlines
- Houthis claim missile strikes on two Saudi oil tankers in Red Sea and Gulf of Aden
- SpaceX reports $28.5B H1 AI capex, stock drops ~12%; Nvidia surges ~9% on exclusive SpaceX AI infrastructure pact
- Google chief scientist Jeff Dean and top AI researchers leave to launch Discovery Loop; Hassabis steps back from DeepMind
- Eli Lilly beats and raises, revenue +48%, EPS $8.38 vs $6.01 est., price target raised to $1,300
- Meta releases first AI coding agent Muse Code to compete with OpenAI and Anthropic
- SolarEdge crashes 28% on soft Q3 guide despite double beat; Uber slides ~7% on light Q3 bookings guidance