WS #13500
No material new developments in the last 30 minutes. The dominant Iran-Oman Hormuz de-escalation narrative and the tech earnings disappointments remain unchanged, with no counter-signals or fresh data points to report.
Topics
Key developments
- Iran and Oman finalize draft Hormuz agreement, awaiting final approval
- SpaceX shares fall 13.6% after first earnings report; Musk says will use only Nvidia chips
- Fed Governor Cook 'prepared to act' on rate hike; Kashkari supports gradual hikes
- AppLovin craters 20% on Q3 EBITDA guidance miss
- e.l.f. Beauty beats Q1 EPS massively, raises guidance
- Sandisk beats Q4 earnings but guides Q1 revenue below consensus
- Brazil central bank cuts Selic by 25bps to 14.00% as expected
- Houthis attack two Saudi oil tankers, escalating Red Sea tensions