WS #7204
No material new developments in the last 30 minutes. The dominant macro narrative remains the Iran oil crisis and its second-order effects, with no new data points or counter-signals to report.
Key developments
- U.S. April PPI surges 1.4% MoM, annual rate hits 6% — highest since 2022
- UAE-owned tanker leaks fuel off Oman after Iranian strike — maritime security escalation
- DOJ investigating suspicious trading activity linked to oil market volatility
- Wolfspeed surges 24% after Citrini names it top AI infrastructure pick post-restructuring
- Cerebras IPO prices at $150-$160, raising up to $4.8B — one of biggest AI IPOs
- Eli Lilly crosses $1,000 per share
- D-Wave Quantum bookings surge 16x to $32M in Q1
- Massive $485M SPXW call option block trade — institutional neutral positioning