WS #6834
No material new developments in the last 30 minutes. The dominant narrative remains the risk-on rally driven by the strong jobs report and AI optimism, with no counter-signals or de-escalation in geopolitical or health crises.
Key developments
- Intel shares soar ~14% on report of preliminary Apple chip deal
- US expects Iranian response 'imminently' to end war; Trump shifts to reopen Hormuz
- AMD and Micron surge on 'return to AI data-center optimism'; MU gapped up 22+ premarket
- Coinbase Q1 net loss of $394M and AWS outage; shares drop then rebound 10%
- Quantinuum files for US IPO backed by Honeywell
- Fed says private credit stability risks 'limited and manageable'
- Cloudflare beats EPS and revenue estimates, raises FY2026 guidance
- argenx receives FDA approval expanding VYVGART label to all gMG serotypes