WS #8470
No material new developments in the last 30 minutes. The dominant narrative remains the US-Iran situation (de-escalating but with conflicting signals) and strong tech earnings (DELL, SNOW). No counter-signals or non-dominant-narrative developments surfaced.
Key developments
- US and Iran mostly agree on 60-day ceasefire extension pending Trump approval; Iran attacks vessels in Strait of Hormuz
- Dell Technologies surges 40% after-hours on massive AI server beat, raises guidance
- Snowflake surges 36.48% after-hours on Q1 beat and $6B AWS deal
- Tokyo May core CPI +1.3% YoY vs +1.5% expected, easing BOJ tightening pressure
- RBNZ's Silk signals rate increases likely, inflation pressures building
- Applied Materials CEO says it's greatest time in semiconductor history; Samsung ships HBM4E samples
- Gap earnings: EPS beat by 137% but revenue miss, stock -14.7% after-hours
- Tesla Robotaxi fleet in Texas only 42 vehicles vs Waymo's 577, filings reveal