WS #9367
No genuinely new developments in the last 30 minutes. The dominant narrative remains the Israel-Iran de-escalation and Treasury hawkishness, with no material changes to report.
Key developments
- Trump says Iran deal in 'final throes', ceasefire holds, Strait of Hormuz to reopen
- China prepares $295B plan to fund nationwide AI buildout
- GSK to acquire Nuvalent for $10.6B at $124/share, 40% premium
- Indonesia surprises with 25bp rate hike to 5.5% as rupiah hits record low
- Marvell ends Broadcom's TPU monopoly at Google, custom AI chip race heats up