WS #5798
No material new developments in the last 10 minutes. The Iran crisis and Intel earnings remain the dominant signals, with no counter-signals or de-escalation reported.
Key developments
- Trump orders Navy to sink Iranian speedboats in Strait of Hormuz, oil prices spike
- Intel Q1 earnings beat: revenue $13.6B vs $12.4B est., stock up 19% after hours
- Meta to lay off 10% of workforce (8,000 jobs) to offset AI costs