WS #5881
No material new developments in the last 10 minutes. The previous synthesis remains current with no counter-signals or changes to the prevailing bullish tech/AI narrative.
Key developments
- DOJ drops criminal investigation of Fed Chair Powell, clearing path for Kevin Warsh as next Fed chair
- Google invests $40B in Anthropic, valuing it at $350B, with $10B upfront
- Nvidia surpasses $5 trillion market cap, closing at record $208.27, up 4.3%
- Intel surges 24% on strong Q1 earnings driven by data center and AI demand
- Oil prices remain elevated around $100/barrel amid Iran conflict and Hormuz Strait closure
- S&P 500 and Nasdaq close at record highs on Iran peace talk hopes