WS #6750
No material new developments in the last 30 minutes. The Iran/Strait of Hormuz conflict narrative remains stable with no new escalation or de-escalation signals. Earnings reports continue to flow but are overshadowed by geopolitical risk. No counter-signals or non-dominant-narrative developments detected.
Key developments
- US military strikes Iran's Qeshm Port and Bandar Abbas; IRGC claims targeting US destroyers
- Nvidia partners with IREN for up to 5GW AI infrastructure; IREN surges 25%+
- Rocket Lab beats Q1 sales, raises guidance, wins $30M Anduril contract, acquires Motiv Space Systems
- Coinbase Q1 miss: EPS -$1.49 vs est $0.27, revenue $1.41B vs $1.52B
- CoreWeave reports 'unprecedented' $100B backlog but widening losses
- DraftKings Q1 double beat; CEO touts prediction markets leadership
- KLA announces 10-for-1 stock split effective June 12
- US trade court rules against Trump's 10% global tariff