WS #9960
No material new developments in the last 30 minutes. The dominant US-Iran deal narrative remains stable with no new data points. Oil prices continue to reflect the de-escalation, and other previously reported stories (SpaceX IPO, Gildan, Qualcomm, Nebius, Roblox) have no updates. The FOMC and retail sales data are still upcoming.
Key developments
- US-Iran deal includes $300 billion fund, 60-day negotiation window; oil prices fall sharply
- Ukrainian drones strike Moscow oil refinery, Iran threatens response over Lebanon ceasefire violations
- SpaceX overtakes Amazon as 5th most valuable company; options debut with wild volatility
- Microsoft considering DeepSeek models for low-cost Copilot
- Nokia expands US semiconductor operations in Pennsylvania, part of $4B R&D investment
- Crypto markets pull back 2% ahead of Fed rate decision
- Rivian trims workforce by ~2% amid profitability push
- Exxon raised to Buy at BofA as undervalued after pullback