WS #6300
No material new developments in the last 30 minutes. The dominant US-Iran war narrative remains stable with no de-escalation signals, and Apple's earnings beat continues to provide a positive counterweight. No new data points to update the previous synthesis.
Key developments
- Oil holds weekly gain as Trump says Iran blockade is working; WTI at $105.41/bbl
- Apple Q2 earnings beat: EPS $2.01 vs $1.95 est., revenue $111.2B, raises guidance, $100B buyback
- DHS shutdown ends after 76 days; Congress passes funding bill
- Stryker reports rare double earnings miss; maintains 2026 guidance
- Veeva Systems to join S&P 500, replacing Coterra Energy
- Trump indifferent on Powell staying; wants Warsh as Fed chair
- UAE bans citizens from traveling to Iran, Lebanon, Iraq; orders nationals to return
- Bank of England holds rates at 3.75%, warns of potential rate hikes to 5.5% if oil stays high