WS #6319
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: Iran war and oil price dynamics, yen intervention, Apple earnings, and tech sector layoffs. No counter-signals or non-dominant-narrative developments detected.
Key developments
- US administration claims Iran war 'terminated' for War Powers Resolution, but CENTCOM briefs Trump on new strike options
- Apple reports record March-quarter revenue of $111.2B, warns of extended memory crunch
- Meta signals more layoffs, raises AI capex to $115-135B, stock falls 7% after hours
- Ukrainian drones strike Tuapse and Perm refineries, disrupting Russian oil processing
- Eurozone Q1 GDP growth slows to 0.1%, inflation rises to 3%, ECB expected to hike rates
- Venezuela signs oil deals with US companies to boost production amid Iran supply gap
- Tesla begins mass production of Semi trucks at Nevada facility
- UK consumer credit growth hits +8.9% YoY, mortgage approvals beat expectations