WS #12426
No material new developments in the last 30 minutes. The US-Iran conflict narrative remains stable with no new casualties or de-escalation signals. The AI trade rotation from infrastructure to monetization continues without fresh catalysts. No counter-signals or non-dominant-narrative developments emerged.
Topics
Key developments
- Another US service member killed in Iraq; unidentified remains found in Jordan as US-Iran conflict escalates
- Apple surpasses Nvidia as world's most valuable company, signaling AI trade rotation to monetization
- Moonshot AI suspends new subscriptions due to overwhelming demand for Kimi K3, indicating AI compute constraints
- Intel stock forms double-top pattern ahead of earnings, signaling potential downside
- Andy Burnham becomes UK PM; markets welcome expected appointment of Shabana Mahmood as Chancellor, boosting GBP