WS #10671
No material new developments in the last 30 minutes. The dominant themes from the previous synthesis—oil market normalization, Micron/AI semiconductor strength, McCormick earnings, US-India trade deal progress, Venezuela earthquake aftermath, and AI data center demand concerns—remain unchanged with no new data points or counter-signals to report.
Topics
Key developments
- Saudi Ras Tanura oil exports set to restart as Gulf flows rise, pushing WTI below $70
- AOC introduces AI Data Center Moratorium Act, banning new data center construction
- Micron Technology: Susquehanna lifts target to $2,000 after record quarter; BofA raises to $1,550
- Ukrainian drone strikes hit two oil refineries in Ufa, Russia; fuel shortages in 15 regions
- McCormick reports Q2 beat: EPS $0.80 vs $0.69, revenue $1.94B vs $1.91B, reaffirms FY2026 guidance
- Citi boosts quarterly dividend by 12% to $0.67, continues $30B buyback program
- BlackBerry tops FQ1 estimates, raises full-year revenue guidance to $594-621M
- Amazon increases AI investment in India by $13B