WS #14038

The dominant AI/tech rally narrative and the Middle East oil risk premium remain unchanged, with no counter-signals or de-escalation to report. This window carries 5 key development(s), 5 at significance:high: Houthis attack Saudi Aramco refinery in Jazan, renewing supply disruption fears; Iran and US trade competing claims over control of Strait of Hormuz; Applied Materials reports record Q3 revenue, raises 2026 outlook on AI demand; Reddit confirmed to join S&P 500, shares surge 11% after-hours; Anthropic reportedly targeting $2 trillion IPO valuation in October.