WS #13802
Holding: newest synthesis is 89d 12h old
No material new developments in the last 30 minutes. The dominant Strait of Hormuz narrative remains unchanged and is not refuted by any new counter-signal. Intel's stock offering and Microsoft's AI chip plans were already covered. No new actionable market-moving information has emerged.
Topics
Key developments
- Iran reiterates Hormuz closure until US meets six demands; no active negotiations
- US SPR falls below 300 million barrels, down 6.1M barrels week-over-week
- Intel announces $15B stock offering, stock falls 5%
- Microsoft plans Maia 300 AI chip unveiling in September, TSMC talks for 300k+ units
- Archer Aviation to acquire Boeing's Wisk Aero, SkyGrid, Insitu for 19.75% stake
- Jefferies downgrades Apple to Underperform, PT $263.66
- JPMorgan raises S&P 500 target to 8,000; Dimon warns on margin debt
- Ukraine drone strike on Russian oil refinery kills at least 13