WS #11678
No genuinely new material developments in the last 30 minutes. The dominant narrative of US-Iran escalation remains unchanged, with no counter-signals or de-escalation reported. All other signals (earnings, bond sales, ECB hike) are stale and already captured in the previous synthesis.
Topics
Key developments
- US launches second consecutive day of strikes against Iranian targets in Strait of Hormuz
- ECB hikes rates by 25bp to 2.25%, first hike since 2023, citing Iran war inflation
- Levi Strauss beats Q2 expectations, raises guidance, but shares fall 5% after-hours
- AZZ beats Q1 estimates, raises FY27 guidance
- Costco reports June sales up 10.6%, declares $1.47 dividend
- MDA Space launches $712M bought deal offering to fund $920M acquisition of CLS
- Meta begins work on 1GW Alberta data center in major AI infrastructure push
- Venture Global reports Q2 LNG sales, weighted average liquefaction fee jumps 69%