WS #11145
No material new developments in the last 30 minutes. The US-Iran de-escalation narrative remains stable with no fresh data points. The Michael Burry TSLA short and Apple memory chip shortage signals are unchanged from the previous window.
Topics
Key developments
- US-Iran de-escalation continues: Hormuz traffic resumes, Brent stabilizes at $73, fuel prices cut globally
- Michael Burry reveals short positions on Tesla and Nvidia, calls chip boom 'beginning of the end'
- Apple CEO Tim Cook flags 'extreme shortage' in memory chips
- Bitcoin falls to 21-month low of $57,742; Citi cuts price targets, ETF outflows exceed $4B in June
- Galderma shares slump after FDA turns down Botox rival Relfydess