WS #7240
No material new developments detected in the last 30 minutes. The Strait of Hormuz crisis continues to escalate with crude oil near $110, but no fresh corroborating reports or counter-signals have emerged. The Apple and Nvidia filings remain unchanged, and the Cerebras IPO pricing is now stale. The dominant narrative is stable with no new data points to report.
Key developments
- Strait of Hormuz closure drives crude oil toward $110; supply chain disruptions widen
- Cerebras prices IPO at $185 per share, raising $5.55B, above expected range
- Trump and Xi set for Beijing talks with trade truce and Iran war at stake