WS #8783

The dominant signal in this window is a major escalation in the Ukraine-Russia conflict, with multiple reports of a massive missile and drone strike on Kyiv and other regions, including ballistic missiles, cruise missiles, and drones. This is corroborated by Reuters witnesses and OSINT accounts. Separately, the US-Iran peace talks remain stalled, with Trump reportedly berating Netanyahu in a phone call, and oil prices holding gains on supply disruption fears. Alphabet announced a massive $80 billion capital raise to fund AI infrastructure, including a $10 billion stock sale to Berkshire Hathaway, which is a significant development for GOOGL and the broader tech sector. The Anthropic IPO narrative continues but without new data. The Ukraine escalation is the highest-significance event, likely to drive risk-off sentiment and energy price spikes.