WS #10895
The US-Iran conflict continues to escalate with new developments in this window. CENTCOM confirmed additional U.S. strikes on Iran after a cargo ship attack in the Strait of Hormuz, and Iran's military claimed attacks on American targets in Bahrain and Kuwait. Iraqi special operations forces are actively detaining politicians in Baghdad's Green Zone, and security has been reinforced on the road to Baghdad International Airport. The dominant theme is the escalating US-Iran conflict, which is ESCALATING. The ORCL selloff from the previous window is not refuted and is carried forward. No new MAG7-specific signals contradict the macro narrative.
Topics
Key developments
- CENTCOM confirms additional U.S. strikes on Iran after cargo ship attack in Strait of Hormuz
- Iraqi special operations forces detain politicians in Baghdad's Green Zone; security reinforced at airport
- Oracle (ORCL) down 19% this week, worst since August 2001, with $130B debt and negative FCF