WS #12069
No material new developments in the last 30 minutes. The dominant narratives (US-Iran conflict, IBM plunge, Goldman earnings, CPI data) remain unchanged with no new data points or counter-signals.
Topics
Key developments
- Iran's IRGC strikes US allies in Bahrain and Kuwait, threatens Hormuz blockade
- IBM plunges ~25% on Q2 miss, warns AI infrastructure spending cuts into software budgets
- Goldman Sachs Q2 revenue $20.34B vs $16.13B est., shares up 7.5%
- Lucid Motors denies bankruptcy rumors after 50% intraday plunge
- US June CPI 3.5% YoY vs 3.8% est., core 2.6% vs 2.8% est., reducing Fed rate hike fears