WS #8423
No material new developments in the last 30 minutes. The dominant US-Iran ceasefire narrative remains unchanged, with no new confirmations or counter-signals. Other topics (Snowflake earnings, Bessent threats) are stale and unchanged from previous synthesis.
Key developments
- US and Iran reach ceasefire deal framework, awaiting Trump's final approval
- Snowflake surges 35% on AI-driven earnings beat and $6bn Amazon compute deal
- Bessent warns any partners facilitating tolls in Strait of Hormuz will be penalized
- US strikes Iranian drone operations near Bandar Abbas; Iran retaliates against US airbase in Kuwait
- Fed's Musalem flags scenario for rate hike if disinflation stalls