WS #8012

The dominant signal in this window is the SpaceX Starship Flight 12 anomaly, with multiple sources (Reuters, FAA, social media) reporting an anomaly during the Super Heavy booster's flyback over the Gulf of America. No injuries or property damage reported, but the mishap determination is pending. This is a negative for SpaceX's valuation and could pressure the broader space/defense sector, though the impact on listed tickers is indirect. Separately, the IEA chief warned the global oil market could enter a 'red zone' in July-August due to lack of Middle East exports and depleting stocks at peak summer demand, reinforcing the bullish oil narrative. The Iran diplomatic theme continues with NYT reporting Trump weighs return to conflict, but Polymarket trades show ongoing betting on ceasefire continuation, indicating market uncertainty. Insider selling at MRNA (Noubar Afeyan sold 9,263 shares at $46.84) is a bearish signal for the stock. The Tulsi Gabbard resignation as DNI is confirmed, with plans to declassify 2020 election info before leaving in June, a political development with limited direct market impact. The SpaceX IPO liquidity drain concern is dismissed by JPMorgan for Hong Kong markets. Overall, the oil supply risk and SpaceX anomaly are the most actionable signals.