WS #5753

The dominant signal in this window is the confirmation of the Warner Bros. Discovery-Paramount Skydance merger, with shareholders approving the $110-111B deal. This is corroborated by BBC, NPR, GDELT, and multiple Bluesky posts, indicating high significance. The deal still requires DOJ and European regulatory approval, with potential political complications given Trump's criticism of CNN. Separately, Tesla shares are falling after results, with chatter about a potential SpaceX merger keeping the stock afloat. The Strait of Hormuz crisis continues to drive second-order effects, with a GDELT report showing the EU approved a 20th sanctions package against Russia and unlocked a €90B loan to Ukraine, targeting Russia's energy and maritime sectors. On the corporate earnings front, Molina Healthcare soared 15% after beating Q1 earnings and reaffirming FY26 guidance. Mobileye (MBLY) shares surged on a Q1 beat and a $250M buyback, creating a short-squeeze. Lockheed Martin fell after an earnings miss with negative cash flow. Avis Budget (CAR) experienced another trading halt. The BP AGM saw a triple climate rebellion with >50% of shareholders opposing plans to scrap climate reporting, corroborating previous situational awareness. A dark pool alert for SMH (776,000 shares, $375.58M) suggests large institutional activity in semiconductors. The Fed rate decision outlook remains data-driven under potential new chair Warsh, per SoFi analysis.