WS #5892
No material new developments in the last 10 minutes. The previous synthesis remains current.
Key developments
- US-Iran ceasefire talks progress: Iranian FM travels to Pakistan, US envoys heading there
- Intel Q1 earnings beat: stock surges ~24%, semis rally
- Google/Alphabet to invest up to $40B in Anthropic
- Meta to cut 10% of workforce (~8,000 employees) to focus on AI
- Eurozone consumer sentiment plunges to -20.6% (lowest since Dec 2022)
- WTI oil drops 1.5% to $94.40 on Iran ceasefire hopes
- US judge dismisses Musk's fraud claims in OpenAI case, proceeds to trial
- X-Energy (Amazon-backed) IPO surges 27% on first day