WS #14066
The dominant US-Iran/Hormuz narrative and the retail sales counter-signal remain unchanged, with no new data points or de-escalation signals to report. This window carries 5 key development(s), 3 at significance:high: US-Iran conflict escalates: Hormuz closure continues, tankers attacked, US threatens unprecedented economic measures; US July retail sales fall 0.6% MoM, biggest drop in over a year, dampening Fed rate-hike bets; SanDisk and Micron surge on investor day and analyst upgrades; Applied Materials raises guidance on AI demand. A further 2 development(s) sit below significance:high.
Topics
Key developments
- US-Iran conflict escalates: Hormuz closure continues, tankers attacked, US threatens unprecedented economic measures
- US July retail sales fall 0.6% MoM, biggest drop in over a year, dampening Fed rate-hike bets
- SanDisk and Micron surge on investor day and analyst upgrades; Applied Materials raises guidance on AI demand
- US imposes 100% tariffs on Chinese drones, boosting domestic manufacturers
- Nvidia partners with Goldman to raise $500B for AI infrastructure, with GPU buyback guarantee