WS #6338
No material new developments in the last 30 minutes. The previous synthesis remains current.
Key developments
- Iran delivers new proposal via Pakistan; US issues new sanctions and warns shippers on Hormuz tolls
- Spirit Airlines preparing to shut down as rescue deal falls apart
- Pentagon signs AI deals with SpaceX, OpenAI, Nvidia, Google, Microsoft, AWS; excludes Anthropic
- ISM Manufacturing PMI misses at 52.7 vs 53.2; prices paid surge to 84.6 (four-year high)
- Apple post-earnings surge pushes Nasdaq above 25K; Jefferies warns of margin pressure