WS #6109
No material new developments in the last 30 minutes. The dominant themes from the previous synthesis remain unchanged: Iran-US conflict, oil price surge, earnings reactions, and Fed meeting anticipation. No counter-signals or de-escalation updates detected.
Key developments
- Iran proposes reopening Strait of Hormuz if US lifts blockade; White House reviewing offer
- Goldman Sachs warns Brent could average $120/bbl in Q4 if Iran war persists
- Iran oil production down 57% from pre-war levels; storage running out by April 29
- Suspect charged with attempted assassination of President Trump after WHCA dinner shooting
- Cadence Design Systems guides Q2 adj EPS $2.02-$2.08 vs $1.87 est, sales $1.555B-$1.595B vs $1.475B est
- Meta plans to lay off ~10% of workforce (8,000 employees) starting May 20
- OpenAI ends Microsoft exclusivity; models coming to AWS in coming weeks
- EU tells Google to open Gemini and Android features to AI rivals under DMA