WS #6989
No material new developments in the last 30 minutes. The US-Iran standoff remains escalated with no new de-escalation signals. The Cerebras IPO and Apple-Intel rumor are unchanged. The dominant narrative is stable.
Key developments
- Trump rejects Iran counterproposal as 'totally unacceptable'; oil futures rise 3%
- Cerebras Systems raises IPO price range to $150-$160 amid surging demand
- Unconfirmed: Apple reaches preliminary chip manufacturing agreement with Intel
- UK, France to host multinational meeting on escorting ships through Strait of Hormuz