WS #9103
No material new developments in the last 30 minutes. The dominant narrative from the previous window—tech selloff, AI trade unwinding, and geopolitical risks—remains unchanged with no new data points or counter-signals to report.
Key developments
- Drone strike at Oman's Mina al-Fahal oil terminal halts cargo operations, escalating Middle East oil supply disruption
- May jobs report blows past forecasts (172K vs 85K), fully pricing in Fed rate hike by year-end
- Meta (META) extending losses to 7% on report of considering tens of billions in new share issuance for AI infrastructure
- Dogecoin and Shiba Inu plunge 8%, Bitcoin under $60K as crypto carnage continues with $635B market cap erased in 30 days
- Senate approves $70 billion additional ICE and Border Patrol funding; Hezbollah rejects ceasefire extension with Israel