WS #9971
No material new developments in the last 30 minutes. The semiconductor sell-off and Amazon FTC suit remain the dominant narratives, but no new data points have emerged to change the outlook. The US-Iran deal story is stable with no new details. La-Z-Boy's earnings beat is still a positive outlier but not generating new signals.
Key developments
- Semiconductor sector sell-off: MRVL -9.8%, INTC -8.4%, AMD -7.2% on AI infrastructure doubts
- Amazon faces billions in penalties from potential FTC ad suit
- Snap drops 5.08% after unveiling premium AR glasses at $2,195
- La-Z-Boy Q4 EPS $1.26 beats $0.82 estimate, revenue beat, $300M buyback authorized
- Axios details billions Iran could receive under Trump's deal