WS #8542
No genuinely new material developments in the last 30 minutes. The dominant narrative remains the US lifting the Strait of Hormuz blockade and Iran's $300B demand, which is de-escalating the oil supply crisis. No counter-signals or non-dominant-narrative developments have emerged to change the outlook.
Key developments
- US lifts Strait of Hormuz blockade; Iran demands $300B in damages
- SpaceX awarded $6.45B in Space Force contracts ahead of IPO
- CFTC approves first Bitcoin perpetual futures on regulated US exchange
- Snowflake Q1 revenue up 34% to $1.33B; faces securities suits and AI copyright claim
- Federal judge reopens Trump's $10B IRS lawsuit, probing potential fraud