WS #5840
No genuinely new market-moving developments detected in the last 10 minutes. The dominant narrative from the previous window (DOJ dropping probe into Powell, AMD surge, Strait of Hormuz blockage, consumer sentiment low) remains unchanged with no counter-signals or de-escalation.
Key developments
- DOJ drops criminal probe into Fed Chair Powell, clearing path for Warsh confirmation
- Meta signs multi-billion dollar deal to use Amazon Graviton chips for AI
- US Navy authorized to target Iranian fast boats in Strait of Hormuz; Pentagon warns Europe
- EU and US sign memorandum of understanding on critical minerals
- Meta plans to lay off 10% of workforce (~8,000 employees)