WS #8768
No material new developments in the last 30 minutes. The Iran Strait of Hormuz escalation narrative remains stable with no new data points. Corporate earnings reactions (HPE, CRDO, MCHP) are post-market and no new updates. No counter-signals or de-escalation signals emerged.
Key developments
- Trump drops $1.8B 'anti-weaponization' fund amid bipartisan backlash
- HPE Q2 earnings beat: adj. EPS $0.79 vs $0.53 est., revenue $10.68B vs $9.79B est., shares surge 30%+
- Iran/Strait of Hormuz: tanker transits <5% of pre-war volume, USO up 83%, Iran issues ultimatum to Israel
- Alphabet files mixed shelf offering, size not disclosed
- O'Reilly Automotive adds $2B to buyback plan, raising authorization to $31.75B