WS #7822
No material new developments in the last 30 minutes. The dominant narrative from the previous window (Fed minutes hawkishness, Iran tensions, OpenAI IPO, etc.) remains unchanged with no counter-signals or de-escalation.
Key developments
- Fed minutes reveal majority of officials see rate hikes if inflation persists, citing Iran war
- Trump warns of rapid escalation with Iran if no satisfactory response
- OpenAI reportedly to file for IPO as soon as Friday, targeting September listing
- Zuckerberg says teams of 50-100 now take 10, reinforcing cost-cutting narrative
- US DOJ indicts former Cuban President Raul Castro over 1996 plane downing
- Federal judge issues preliminary injunction requiring compliance with Presidential Records Act
- Nike stock trades higher on softer energy prices and easing Treasury yields