WS #7755

The dominant signal in this window is the U.S. Senate advancing a war powers resolution to force President Trump to end the Iran war, with four Republicans flipping to support it. This marks the first time the chamber has advanced such a measure, representing a significant escalation in congressional pushback. The vote was 50-47, with Sen. Bill Cassidy (R-LA) joining Democrats after his primary loss. This development could reduce geopolitical risk premiums in oil and defense stocks, while increasing uncertainty for Trump-aligned sectors. Separately, Google and Blackstone announced a $5B AI cloud joint venture, a bullish signal for GOOGL and AI infrastructure. The API reported a 9.1M barrel crude draw, supportive for oil prices. Stellantis plans to build Voyah EVs for Dongfeng in France, signaling European EV production expansion. Goldman Sachs is expected to take the lead left position on SpaceX's IPO. The dominant narrative of Congressional Iran war pushback is ESCALATING, as the Senate vote is a concrete step beyond prior rhetoric. The Google-Blackstone deal is a new positive catalyst for AI infrastructure.