WS #9433
No material new developments in the last 30 minutes. The US-Iran military escalation narrative remains dominant with no confirmed de-escalation or counter-signals. Other items (SpaceX, ProShares ETF) are unchanged from previous synthesis.
Key developments
- US launches second wave of strikes on Iran; Iran threatens retaliation
- Gold extends fall amid renewed US-Iran clashes
- SpaceX plans orbital AI-compute tests by 2027; ProShares launches 2x leveraged SpaceX ETF