WS #5789
No material new developments in the last 10 minutes. The dominant narratives from the previous window (Iran-Israel conflict, Intel earnings, Meta layoffs, EU loan to Ukraine, Mobileye, Baker Hughes) remain unchanged with no counter-signals or de-escalation.
Key developments
- Trump claims control of Strait of Hormuz, orders Navy to target Iranian mine-laying ships; oil above $100/bbl
- Intel Q1 earnings beat: revenue $13.6B vs $12.4B est, adj EPS $0.29 vs $0.01-$0.10; stock up 13-17% AH
- Meta to cut 8,000 jobs (10% of workforce) and 6,000 open positions
- Baker Hughes Q1 earnings beat: Non-GAAP EPS $0.58 vs $0.49 est, revenue $6.59B vs $6.33B est
- EU formally approves 90-billion-euro loan for Ukraine and new Russia sanctions