WS #11951
No material new developments in the last 30 minutes. The dominant themes of US-Iran Strait of Hormuz escalation and Ukraine's strikes on Russian shadow fleet remain unchanged, with no counter-signals or de-escalation observed. TSMC's earnings carry-forward and Shein IPO scheduling are unchanged from prior synthesis.
Topics
Key developments
- US launches fresh strikes on Iran; Iran retaliates, closes Strait of Hormuz; oil surges 4%+
- SK Hynix shares plunge 15% in Seoul after US debut, dragging global chip stocks
- Ukraine strikes 15 Russian vessels including oil tankers; hits Syzran refinery
- Goldman Sachs upgrades NIO to Buy with $7 price target
- TSMC reports record June revenue, up 67% YoY to $13.2B