WS #9041

The dominant signal remains the escalating Iran-Strait of Hormuz crisis, with a new Bluesky post confirming that a drone strike has hit the Mina al-Fahal oil terminal in Oman, suspending cargo operations. This corroborates earlier reports of a 70% drop in tanker traffic and Brent at $101/barrel. The crisis is ESCALATING. Separately, a House-passed Ukraine aid bill represents another GOP rebuke of Trump's foreign policy, potentially escalating geopolitical tensions. Elizabeth Warren has invited Nvidia CEO Jensen Huang to testify over China sales, adding regulatory risk to NVDA. Google is reportedly laying off employees in its cloud division, a negative signal for GOOGL. Data center developer Switch is in talks to raise billions at a $50B+ valuation, positive for data center plays. The US jobs report (NFP forecast 85K) is the key macro event tomorrow, with implications for yields and tech.