WS #12141
No material new developments in the last 30 minutes. The US-Iran conflict narrative remains stable with no confirmed de-escalation or escalation. Tech sector continues under pressure from IBM's crash, with no new counter-signals. ASML's strong earnings and Anthropic's IPO progress remain unchanged from prior synthesis.
Topics
Key developments
- US launches fourth night of strikes on Iran; Iran closes Strait of Hormuz and withdraws from MOU
- Iran's Qalibaf: Armed forces have complete freedom of action; negotiation and war both part of strategy
- IBM shares crash 25% on preliminary Q2 sales miss, dragging down hardware/IT services
- Apple Intelligence receives regulatory approval in China via Alibaba Qwen models
- Anthropic schedules IPO investor meetings; potential October listing
- SpaceX shares fall below IPO price of $135 for first time
- ASML plans price increase for chipmaking tools despite TSM resistance
- Fed Governor Cook: risk of persistent inflation outweighs labor market weakness