WS #13682
No material new developments in the last 30 minutes. The Strait of Hormuz crisis remains the dominant theme, but no new escalation or de-escalation signals have emerged beyond what was previously reported. The Apple-OpenAI lawsuit and memory shortage, along with the Fed rate hike speculation, are unchanged. No counter-signals or non-dominant-narrative developments have surfaced to alter the current outlook.
Topics
Key developments
- Iran attacks ADNOC tanker in Strait of Hormuz; Gulf states condemn
- Iran issues sweeping demands for Hormuz reopening, decoupling from Oman talks
- Apple faces DRAM/LPDDR5X memory shortages ahead of iPhone 18 Pro launch
- Fed Chair Warsh reportedly prepared to support September rate hike
- Berkshire Hathaway Q2 EPS beats, announces $4.5B buyback