WS #13671
No material new developments in the last 30 minutes. The Strait of Hormuz crisis narrative remains unchanged with no new data points, and no counter-signals or de-escalation have emerged. All other themes (US jobs data, Apple-Alibaba AI partnership, SpaceX earnings) are unchanged from the previous synthesis.
Topics
Key developments
- Iran strikes another ADNOC tanker in Strait of Hormuz; UAE, Saudi, Qatar condemn
- Iran says Hormuz deal 'very close' but reopening conditional on US concessions
- US employers unexpectedly cut 23,000 jobs in July; Fed hold probability rises to 55%
- US Senate passes Graham Russia-Iran Sanctions Act (86-11), allowing 100% tariffs on Russian oil importers
- Celestica (CLS) drops 13.2% on insider selling by CEO and CFO
- Uber (UBER) Q2 revenue $14.19B, up 12% YoY but slightly below estimates
- Apple (AAPL) confirms Apple Intelligence works with Alibaba's Qwen models in China
- SpaceX (SPCX) surges 15.8% on Q2 revenue $7.81B (+92% YoY) and $16.8B Terafab AI chip complex with Tesla