WS #6857

The data dump is overwhelmingly dominated by noise: thousands of Polymarket sports bets, routine crypto price updates, and generic social media posts. The only material signals are: (1) ByteDance boosts AI infrastructure spending 25% to 200 billion yuan ($27.6B) this year, citing rising memory chip costs, per SCMP. This signals continued aggressive AI capex from Chinese tech giants, bullish for AI chip and memory stocks. (2) Iran threatens to close Strait of Hormuz, comparing its potential closure to the impact of an atomic bomb, per a Bluesky post. This escalates geopolitical risk and oil supply concerns, reinforcing the bullish energy thesis. (3) Putin's Victory Day parade speech reaffirms Russia's stance against NATO in Ukraine, but the parade lacked military hardware for the first time since 2008, indicating war fatigue. The three-day ceasefire with Ukraine holds for now. (4) A GDELT article reports that Iran forced three US destroyers to withdraw in coordinated operations in the Strait of Hormuz, corroborating the Iran threat. (5) The Fed's Financial Stability Report highlights geopolitical risks and oil shock as top concerns, per Bloomberg HT. This is a carry-forward from the previous window's hawkish Fed delay theme. The dominant themes are: escalating Iran tensions (bullish for energy), ByteDance AI spending (bullish for tech/semiconductors), and persistent Russia-Ukraine conflict (stable, no new escalation).