WS #9547
The dominant theme remains the escalating US-Iran conflict, with no new material developments in the last 30 minutes. The situation continues to escalate with no counter-signals or de-escalation reported. No new data points or cross-source corroboration emerged that would alter the previous assessment.
Key developments
- Trump threatens to strike Iran 'VERY HARD TONIGHT' and seize Kharg Island for total oil market control
- Iran's IRGC launches ballistic missiles at US Al-Azraq airbase in Jordan; threatens Musk's companies as military targets
- US PPI YoY hits 6.5% (vs 6.4% expected), hottest since December 2022; jobless claims rise to 229K (vs 219K)
- SpaceX IPO draws over $70B in retail orders; Evercore sees 'wild-eyed' FOMO; New Street initiates at $165
- UK Defence Secretary John Healey resigns over insufficient defence spending commitment
- South Korea hits Coupang with record $410M fine for data breach affecting 34M customers
- Google in talks with Samsung to manufacture part of next-gen AI chip
- IBM and ServiceNow expand partnership to apply AI across legacy enterprise systems