WS #7238
No material new developments in the last 30 minutes. The dominant signals from the previous window (Cerebras IPO pricing, Cisco earnings surge, Ukraine oil refinery strike, Apple/Nvidia headwinds, OPEC demand forecast cut) remain unchanged with no new data points or counter-signals. The macro narrative of a tech/AI-driven rally with energy supply risk is stable.
Key developments
- Cerebras prices IPO at $185/share, above expected range, raising $5.55B
- Cisco surges 14-17% after hours on upbeat earnings and AI investment plans
- Apple 10-Q flags worsening chip shortages and tariff headwinds
- Nvidia 10-Q discloses $4.5B H20 charge and effective foreclosure from China data center market
- Ukrainian drone strike fully halts Lukoil's Perm refinery, tightening oil supply
- OPEC lowers 2026 oil demand growth forecast to 1.2 million bpd from 1.4 million bpd