WS #11690

From 498 msgs · 5 key-dev

No genuinely new material developments detected in the last 30 minutes. The dominant US-Iran escalation narrative remains unchanged with no counter-signals or de-escalation. The Apple-Broadcom chip deal and Michael Burry's positions are unchanged from prior coverage. No new data points warrant updating the key developments.

Topics

Key developments

  • US launches fresh strikes on Iran; Trump declares ceasefire 'over'; oil surges ~6-8%
  • Nvidia (+3.7%) and Broadcom (+4.8%) rally on AI demand; SK Hynix offering oversubscribed 7x
  • Michael Burry discloses long positions in DraftKings and Flutter
  • Fed June minutes show reluctance to cut rates; fed funds futures imply 38bps of hikes by Dec
  • US moves to delist Syria as state sponsor of terrorism