WS #7910
No material new developments in the last 30 minutes. The dominant Iran/Strait of Hormuz narrative remains stable with no new data points. Earnings aftermarket reactions (ROST, WDAY, ZM, TTWO, DECK) are ongoing but unchanged from previous synthesis. No counter-signals or non-dominant-narrative developments emerged.
Key developments
- US-Iran tensions escalate: Rubio says Hormuz tolling would end diplomacy; Trump sends 5,000 troops to Poland
- Ross Stores crushes Q1 estimates, raises FY26 guidance above street view
- Workday Q1 beats earnings estimates with strong backlog; subscription revenue climbs 14% YoY
- Zoom Communications beats Q1 estimates, raises FY27 guidance, adds $1B to buyback
- Take-Two Interactive beats Q4 estimates, issues FY27 sales guidance of $7.9B-$8.1B
- Estée Lauder and Puig end merger talks; Estée Lauder shares jump 15% after hours
- Perpetua Resources wins Ex-Im Bank approval for $2.9B loan to develop Stibnite gold/antimony project
- Meta, Broadcom and others launch $125 million semiconductor research hub at UCLA