WS #6795
No material new developments in the last 30 minutes. The US-Iran confrontation remains at an escalated state with no new kinetic events reported. Consumer sentiment and earnings data are unchanged from the previous window. No counter-signals or de-escalation signals detected.
Key developments
- US strikes two Iranian tankers, scattered clashes in Strait of Hormuz
- University of Michigan consumer sentiment hits record low 48.2 in May
- Virginia Supreme Court strikes down Democratic redistricting plan
- DraftKings beats Q1 estimates, BTIG raises PT to $30
- Qualcomm soars on AI narrative and capital-return strategy
- Barclays raises ARM Holdings PT to $250
- Dropbox beats Q1 estimates, raises FY26 guidance
- nLIGHT jumps 22% on Q1 earnings beat, strong defense demand