WS #5847

The dominant signal in this window is Google's planned up to $40B investment in Anthropic, reported by Bloomberg and corroborated across multiple sources. This is a massive AI capex commitment that reinforces the AI infrastructure buildout thesis. Separately, the Israel-Lebanon ceasefire extension by three weeks, announced by the US, is a de-escalation signal that could ease geopolitical risk premium in oil markets. The UK easing airline penalties due to jet fuel shortages is a developing supply chain issue. Intel's Q1 beat and JP Morgan's price target raise contrast with the broader AI pivot narrative. The S&P 500 hitting a new all-time high and NVDA crossing $5T market cap are notable but likely continuations of existing trends.