WS #7104
No material new developments in the last 30 minutes. The dominant signals from the previous window (April CPI miss, Iran escalation, Wendy's buyout, Under Armour earnings, Fluence Energy offering, UK political crisis) remain unchanged with no new data points, counter-signals, or de-escalation. The narrative arcs for inflation (ESCALATING), Iran (ESCALATING), and UK politics (ESCALATING) are stable with no fresh inputs.
Key developments
- April CPI inflation jumps to 3.8% YoY, core CPI at 2.8% vs 2.7% expected
- Strait of Hormuz closure leads to 1B-barrel oil shortfall, ADNOC CEO reports
- Pentagon official says Iran war cost at $29 billion
- Cerebras going public this week in $5.5B IPO; OpenAI could get 11% stake
- eBay rejects GameStop's ~$56B takeover bid
- Tesla to invest extra $250M for battery cell production in Germany
- Fluence Energy to sell up to 23M Class A shares in secondary offering
- CleanSpark Q2 earnings miss; stock slides 9%