WS #6634
No material new developments in the last 30 minutes. The situation remains as previously described: US-Iran de-escalation narrative is contradicted by Iran's rejection of the US proposal and Israel's lack of awareness, keeping oil volatile. Tech sector continues with positive AI sentiment from AMD and Corning-Nvidia partnership. No new counter-signals or changes to the prevailing narrative.
Key developments
- US and Iran near preliminary peace agreement, but Israel unaware and preparing for escalation
- Oil prices tumble as US-Iran diplomatic efforts gain traction
- AMD Q1 earnings beat, TD Cowen raises target to $500
- Hut 8 shares soar 30% pre-market on $9.8B AI data center deal
- Microsoft mulls delaying energy vow amid data center boom