WS #12274
No material new developments in the last 30 minutes. The dominant themes from the previous synthesis (tech selloff, Middle East tensions, oil price rise) remain stable with no new data points or counter-signals to report.
Topics
Key developments
- SOXX enters bear market; chip stocks have worst month ever vs software
- Moonshot AI's Kimi-K3 model beats frontier US models, triggering AI selloff
- Apple upgraded to Buy by HSBC with $366 target; stands out as relative strength
- US import prices rise 0.3% MoM vs -0.8% est; China import prices highest since 2008
- Fed Vice Chair Jefferson signals possible rate hike if inflation persists
- Intuitive Surgical plunges 10% on weak da Vinci procedure growth
- Oil prices surge: WTI +3.2%, Brent +2.99%; US gasoline near $3.98/gal
- Satellite images show damage inside Iran's Bushehr nuclear power plant