WS #11205
No material new developments in the last 30 minutes. The dominant narrative remains the tech selloff and Meta's AI capacity news, with no counter-signals or de-escalation to report.
Topics
Key developments
- Tech selloff deepens: Nasdaq 100 falls 1.5%, semiconductor index drops 6.3%
- Meta Platforms rallies 8.8% on plans to sell excess AI computing capacity
- US-Iran talks conclude in Doha without nuclear progress; oil prices fall 2.5%
- Trump's financial disclosure shows $1.2 billion in crypto income
- AeroVironment wins $500M U.S. Army counter-drone contract
- Cleveland-Cliffs wins $400M U.S. Defense electrical steel contract
- Bending Spoons (AOL owner) IPO surges 39.7% on first day
- US Treasury picks BlackRock, Vanguard ETFs for Trump Accounts