WS #6599

The dominant theme in this window is the Anthropic-GOOGL deal, with multiple sources (Techmeme, Benzinga, Notreload) corroborating that Anthropic committed to spending $200B on Google Cloud and chips over five years. This is a massive bullish signal for GOOGL, directly boosting its AI revenue outlook and potentially making it the world's most valuable company, overtaking NVDA. The narrative is ESCALATING as Polymarket odds for Alphabet to finish May as the largest company sit at 34%. Separately, the US-Iran conflict remains fluid: Trump warns of new strikes, rejects peace proposals, and claims US seized Iranian ships, while Iran drafts Strait of Hormuz regulations and a cargo ship was struck in the strait. However, Rubio says US wants Hormuz 'back to the way it was', and the US approved $8.6B in military sales to Middle East allies. The API crude draw of -8.1M barrels (vs -2.8M expected) adds a bullish supply-side catalyst for oil, but the war termination narrative from prior windows may cap upside. Spirit Airlines ceased operations, impacting 17,000 employees. In earnings, SMCI reported revenue miss but EPS beat, while COMPASS surged on revenue forecast beat. The MAG7 carve-out: GOOGL's Anthropic deal contradicts any macro tech selloff narrative, making it a high-significance standalone positive.