WS #8896
No material new developments in the last 30 minutes. The dominant signals from the previous window—Iran-US conflict escalation, Ukraine drone strikes, private credit outflows, GameStop earnings, and USTR tariff proposals—remain unchanged with no new data points or counter-signals. The narrative arc is STABLE with no escalation or de-escalation reported.
Key developments
- Iran launches missile and drone strikes on Kuwait and Bahrain; US strikes Qeshm Island
- Ukrainian drones strike St. Petersburg oil terminal, causing massive fire
- ADP private payrolls rise 122,000 in May, above consensus
- EU proposes measures to boost domestic cloud, chip, and AI companies, likely excluding Big Tech
- Macy's Q1 beats estimates, raises FY guidance; shares up 2.2% premarket
- Intel rises 6% premarket after CFO highlights CPU demand and 18A supply ramp
- USA Rare Earth finalizes $1.6B CHIPS Act agreements for domestic rare earth value chain
- Anthropic raised $50 billion in May, 54% of global venture funding