WS #13737
No material new developments in the last 30 minutes. The dominant US-Iran/Hormuz narrative remains unchanged and is still escalating, with no new counter-signals or de-escalation. Other previously noted themes (CPI expectations, Nvidia investment, Tesla revenue) have not produced new data points. Therefore, no new key developments are added this cycle.
Topics
Key developments
- Iran's Revolutionary Guards reiterate Hormuz will not reopen until US meets all conditions
- Houthis claim drone attack on Saudi Aramco's Jizan refinery
- US July CPI expected to cool to 3.4% headline, 2.5% core; Citi and BofA split on September Fed hike
- Nvidia reportedly investing $3B in Lancium (Stargate data center campus in Texas)
- Tesla crosses $100B trailing-twelve-month revenue but margins compress
- US weapons stockpiles depleted; Pentagon pushes defense companies to boost production
- Apple evaluating Chinese CXMT DRAM chips for iPhones and MacBooks
- Qualcomm's Apple revenue shrinking faster than expected as Apple accelerates in-house modem adoption