WS #8502
No material new developments in the last 30 minutes. The dominant tech rally narrative continues unchanged, with no counter-signals or de-escalation events to report.
Key developments
- Dell surges to $350, reaches $250B market cap; CrowdStrike hits $700 and $175B market cap; Palantir reaches $150
- Broadcom hits all-time high; software stocks surge on broad sector optimism
- Evercore raises Dell price target to $450 from $270
- Barclays raises Marvell Technology price target to $275 from $150
- Susquehanna raises Micron price target to $1750 from $600
- Quarter of Big Oil tankers trapped by Iran war have escaped
- Chevron's Tengiz oil field production disrupted, gradually resuming
- Russia's Tuapse refinery struck again; Russian diesel production down ~10% in May