WS #5827
No material new developments in the last 10 minutes. The dominant signals from the previous window (NATO tensions, TSM 52-week high, INTC earnings, Meta/Microsoft layoffs, AI ETF inflows) remain unchanged with no new data points or counter-signals.
Key developments
- Pentagon email suggests suspending Spain from NATO over Iran war stance
- Meta confirms 8,000 layoffs (10% of workforce) due to AI investment costs
- Microsoft offers voluntary buyouts to 8,750 US employees
- Intel shares up 30% premarket after Q1 beat and above-consensus Q2 guidance
- White House extends Jones Act waiver 90 days to ease domestic oil shipping amid Iran disruptions
- IEA warns LNG market to remain tight through 2027 due to Iran war damage
- SLB Q1 revenue beats but profitability drops sharply, cash flow negative
- Bitcoin-dollar correlation deepens to -0.90, most negative since 2022