WS #11872

The dominant theme in this window is the escalating US-Iran crisis, with multiple sources reporting that President Trump has declared the ceasefire over and ordered new military strikes on Iran to degrade its ability to threaten navigation in the Strait of Hormuz. This marks a significant escalation from the previous stable narrative. Oil prices are rising sharply (up 5% on the week) as a result, with implications for energy stocks, airlines, and consumer sectors. Separately, Microsoft is reportedly planning additional layoffs affecting thousands of roles, a bearish signal for the tech sector. The SK Hynix US IPO continues to generate buzz but is now being framed as potentially overhyped, with comparisons to recent IPOs that retreated. The Apple-OpenAI lawsuit and Meta's Muse Image feature discontinuation are noted but lack fresh data points beyond what was previously reported. The US-Iran escalation is the highest-signal item, with cross-source corroboration from Al Jazeera, Associated Press, and multiple social media accounts.