WS #7855

The dominant signal in this window is the continued AI and tech rally, with Nvidia's strong earnings and guidance driving Asian markets higher. KOSPI surged 8% on the Samsung union deal, and SoftBank rose 20% on IPO news. Anthropic is nearing its first quarterly operating profit with sales projected to double to $10.9B. Intuit announced layoffs of 3,000 employees to refocus on AI. The US Senate passed a war powers resolution to restrict Trump's Iran operations, which could de-escalate geopolitical tensions. The Indian rupee rose on central bank intervention, countering the previous weakness. Binance launched pre-IPO perpetual futures for SpaceX, indicating strong retail demand for the upcoming IPO. The Ukraine-Russia conflict saw drone attacks on a Russian oil refinery, but this is a continuation of existing tensions. Overall, the AI narrative is escalating, while the Iran conflict narrative is de-escalating due to the Senate vote.