WS #6366
No material new developments in the last 30 minutes. The dominant narratives remain unchanged: US-EU tariff escalation, Iran war stalemate, and selective tech tailwinds. No counter-signals or de-escalation detected.
Key developments
- Trump announces 25% tariff on EU auto imports, escalating trade war
- Trump declares Iran hostilities 'terminated' but rejects peace proposal, keeps blockade
- Spirit Airlines could shut down as soon as tomorrow without bailout
- Cerebras targets up to $4B IPO at ~$40B valuation
- Pentagon signs AI deals with seven tech firms, excluding Anthropic
- Apple shares hit new all-time high after earnings beat, UBS raises target
- GameStop preparing offer for eBay, shares surge 6.3%
- US national debt surpasses GDP for first time since WWII