WS #5779
No material new developments in the last 10 minutes. The dominant signals from the previous window remain unchanged: Iran-US confrontation in the Strait of Hormuz continues to escalate with no de-escalation signals, oil prices remain elevated, and Meta's layoff plans are still the main corporate story. No counter-signals or new developments have emerged to alter the prevailing narrative.
Key developments
- Iran deploys additional mines in Strait of Hormuz; Trump orders Navy to sink boats
- Meta to lay off 10% of workforce (8,000 employees) in May
- Freeport-McMoRan slashes outlook on Grasberg delay, stock sinks
- Warner Bros shareholders approve Paramount's $81 billion takeover
- OpenAI releases GPT-5.5