WS #5745
No material new developments in the last 10 minutes. The situation remains as previously described: Iran-US tensions in the Strait of Hormuz continue to escalate with oil above $100/barrel, and no counter-signals or de-escalation have emerged. Other stories (Google Tensor chips, Tesla pay package, Amazon-Anthropic investment, Southwest earnings, Eurozone PMI) remain unchanged from the prior window.
Key developments
- Trump orders Navy to shoot boats placing mines in Strait of Hormuz; oil surges above $100
- EU pressures Google to open Android to Gemini rivals (ChatGPT, Claude)
- Tesla Q1 beat: rev $22.39B, adj EPS $0.41, GM 21.1%, FCF $1.44B, cash $44.7B; $2B SpaceX stake disclosed
- American Airlines record revenue, price hikes offset fuel costs
- US S&P Global PMIs beat expectations: Composite 52.0, Manufacturing 54.0, Services 51.3
- EU approves €90B Ukraine loan and 20th Russia sanctions package
- Netflix announces $25B share buyback
- Trump administration finalizes cannabis rescheduling to Schedule III