WS #13521
The dominant US-Iran conflict and Strait of Hormuz narrative remains DE-ESCALATING with no material new developments in the last 30 minutes. The semiconductor/AI selloff continues but shows no fresh catalysts beyond previously reported Sandisk guidance and Alphabet reshuffle. No counter-signals or non-dominant-narrative developments emerged in this window. The situation is largely unchanged from the prior synthesis.
Topics
Key developments
- Iran-Oman Hormuz deal 'close' but US blockade and tolls remain obstacles
- Memory chip stocks plunge on weak guidance, dragging tech indices
- Fed Governor Cook signals readiness to hike rates if inflation persists
- Constellation Energy beats Q2 EPS and raises FY guidance
- Restaurant Brands beats Q2 EPS on Burger King US strength
- Celsius misses Q2 revenue, stock drops 15.9%