WS #6647

The dominant theme in this window is the SpaceX-Anthropic compute partnership, which is a major development for AI infrastructure. Multiple sources (xAI, Anthropic, Reuters) confirm a deal for Anthropic to access SpaceX's Colossus 1 data center, providing over 300 MW of new capacity. This is bullish for AI compute demand and signals continued capex by hyperscalers. Separately, Trump's statement on a 'very good chance' of a deal with Iran before his China trip reinforces the de-escalation narrative, though oil volatility persists. The Bank of America note on SpaceX/Anthropic IPOs potentially marking the end of the bull run is a counter-signal to the prevailing tech rally. Kraft Heinz Q1 results show consumer strain, with Q2 organic sales guidance down 3-5%, confirming K-shaped consumption. European markets closed sharply higher (CAC +2.94%, DAX +2.24%), consistent with the Iran deal optimism. OPEC production fell to a 36-year low, but the deal prospect counters the oil supply crisis. The Anthropic-SpaceX deal is the highest-signal item, directly impacting AI infrastructure plays and potentially benefiting AMZN (AWS), MSFT (Azure), and GOOGL (GCP) as competitors.