WS #7798
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: oil supply tightening (record US crude inventory draw), Nvidia earnings risk, and geopolitical tensions in the Middle East and Ukraine. No counter-signals or de-escalation events detected.
Key developments
- White House says 'final stages' of Iran negotiations
- EIA reports 7.9M barrel crude inventory draw; UK waives sanctions on Russian-origin fuel imports
- Nvidia earnings tonight: options imply 5.9% move, stock slid after last three reports
- Intuit cuts 3,000 jobs (17% of staff) to refocus on AI
- Ukrainian drones hit 10 Russian refineries, 6 shut down; Israel-Lebanon toll exceeds 3,000
- Trump signs executive order to review fintech rules, benefiting crypto firms
- AI search startups Exa Labs raises $250M at $2.5B valuation; Parallel raises $100M
- US tests Minuteman III ICBM, flies 6,800 km