WS #6526
The Iran-US conflict continues to dominate, with no new de-escalation signals in the last 30 minutes. Oil prices remain elevated near previous highs, and risk-off sentiment persists. No material changes to the prevailing narrative.
Key developments
- Iran attacks UAE with drones and missiles, US sinks Iranian boats in Strait of Hormuz
- Pinterest (PINS) surges 15% after Q1 beat and strong Q2 guidance
- Duolingo (DUOL) falls 13% on weak user metrics and disappointing Q2 bookings guidance
- FIS (FIS) jumps 7.3% on report of AI partnership with Anthropic for bank fraud detection
- Palantir (PLTR) beats Q1 estimates but shares muted; CEO emphasizes national security priority
- SEC settles with Elon Musk for $1.5M over delayed Twitter stake disclosure