WS #8290
No material new developments in the last 30 minutes. The dominant narrative of Iran de-escalation remains stable with no new counter-signals. Trade tensions and earnings reports from the previous cycle carry forward unchanged.
Key developments
- USTR Greer: Tariffs on Mexican goods to persist as long as trade deficit exists; negotiating bilaterally with Mexico, speaking to Canada
- Zscaler Q3 beat but Q4 guidance disappoints, shares fall ~18% after hours
- Lululemon nears settlement with founder Chip Wilson to end proxy war
- Russia considers export restrictions on diesel and jet fuel as refinery capacity hits 16-year lows
- SpaceX secures $2.29B US Space Force contract for military space data network
- Eli Lilly to acquire three vaccine developers for up to $3.8B
- Quad countries announce $20B for critical mineral supply chains and maritime surveillance
- NASA announces 3 uncrewed moon missions this year