WS #11755
No material new developments in the last 30 minutes. The prevailing narratives from the previous cycle remain unchanged with no new data points, counter-signals, or de-escalation signals detected.
Topics
Key developments
- US-Iran conflict escalates with new airstrikes, but oil eases ~2% on peace hopes
- Micron plans $250B+ US investment through 2035, fueling semiconductor rally
- Meta plans to manufacture AI chips starting in September
- PrismML compresses 27B-parameter AI model to run on iPhone 17 Pro; Apple reaches out
- WD-40 Q3 EPS $2.33 beats $1.56 estimate, raises FY guidance
- Aritzia Q1 EPS C$0.96 beats C$0.88 estimate, raises FY sales guidance
- Russia imposes diesel export ban after Ukrainian drone strikes knock out up to 40% of refining capacity
- S&P downgrades Oracle to 'BBB-/A-3', last rating before junk