WS #8850
No material new developments in the last 30 minutes. The Iran-US tensions and earnings beats from PANW, ULTA, and GTLB remain the dominant signals, with no escalation or de-escalation reported. The situation is stable.
Key developments
- Iran cancels all contacts with US, closes Strait of Hormuz, threatens Bab-el-Mandeb
- Palo Alto Networks beats Q3 estimates, raises full-year guidance, shares pop 12% after-hours
- Ulta Beauty beats Q1 estimates with EPS $7.74 vs $6.86, raises FY guidance
- GitLab beats Q1 estimates, raises FY guidance
- Cliffwater caps fund redemptions at 5% after 17% of investors seek to pull money