WS #9120
No material new developments in the last 30 minutes. The US-Iran situation remains escalated but no new attacks or de-escalation signals. Meta stock offering story is unchanged. No new data points to update the previous synthesis.
Key developments
- Iran fires attack drones toward Strait of Hormuz; US strikes radar sites in southern Iran
- Meta considering stock offering to raise capital; stock down -7%, erasing $115B market cap
- Marvell Technology and Flex to join S&P 500; Roku to join S&P MidCap 400
- Applied Materials insider sells 50,000 shares at $505.28
- SpaceX signs $920M/month compute deal with Google, worth over $30B