WS #11641
The dominant market-moving signal in this window is the continued escalation of US-Iran conflict, with Trump declaring the ceasefire 'over' after tit-for-tat strikes, oil surging 6%, and equity futures falling. Multiple sources confirm the strikes and market reaction. The narrative is ESCALATING. A new development is the Blue Origin raising $10B at $130B valuation, its first outside capital, which is a positive for the space sector. Additionally, Nvidia's P/E falling below 20x is a notable valuation signal for the AI leader. The AI rotation trade in Asia is noted, with Alibaba jumping on AI optimism. The Fed minutes release is upcoming but no new data yet.
Topics
Key developments
- Trump declares US-Iran ceasefire over; oil surges 6%, equity futures fall
- Blue Origin raising $10B at $130B valuation, first outside capital
- Nvidia P/E falls below 20x, multi-year low
- AI rotation trade in Asia; Alibaba jumps on AI optimism