WS #13541
No material new developments in the last 30 minutes. The Strait of Hormuz situation remains the dominant theme, but no new specifics or counter-signals have emerged beyond what was previously reported. The narrative is stable, with no escalation or de-escalation signals. Corporate news and market moves are unchanged from the prior window.
Topics
Key developments
- Iran parliament advances bill to ban US/Israeli vessels from Strait of Hormuz with 20% cargo fines
- Iran-Oman joint control plan for Hormuz with transit fees (5-7% cargo value) reported
- Trump-Hegseth clash over depleted US munitions limits military options against Iran
- SpaceX first major lockup expiry (900M+ shares) and first earnings report create volatility
- Nvidia weighs reducing HBM memory in Rubin Ultra GPU due to shortage
- Software sector selloff: Datadog, AppLovin, Figma, Klaviyo fall despite earnings beats
- Alphabet's $25B bond sale drew $115B demand, financing AI capex
- UK clears Paramount-Warner Bros. $110B merger