WS #11836

The dominant signal in this window is Apple's lawsuit against OpenAI for trade secret theft, corroborated by multiple sources (Al Jazeera, Hacker News, GDELT, Business Insider, CBC, and others). This represents a major rupture in the Apple-OpenAI partnership and could pressure AAPL and AI-related stocks. The lawsuit alleges a coordinated pattern of misconduct, naming former Apple employees now at OpenAI, including hardware chief Tang Tan. This is a new development, not a stale headline, and carries high significance for AAPL and the AI sector. A second major signal is the successful US IPO of SK Hynix, which raised $26.5 billion and closed up 12.8%, the largest foreign IPO in US history. This signals strong investor appetite for AI-related memory chip stocks and could lift NVDA, MU, and other semiconductor names. The US-Iran ceasefire narrative remains in flux: Trump declared the ceasefire over but talks continue, and oil prices eased slightly. The Iran situation is STABLE relative to prior escalation, with no new major attacks reported. Meta's AI cost breakthrough (BofA upgrade, 6% stock rise) is a positive for META and counters the broader AI spending concern narrative. The previous high-significance development (US-Iran tensions escalation) is carried forward as ongoing, as it has not been refuted.