WS #9985
No material new developments in the last 30 minutes. The dominant narrative remains the US-Iran peace deal framework driving oil below $80, with no new data points or counter-signals to report. The Intel manufacturing milestone and semiconductor selloff are unchanged from the previous cycle.
Key developments
- Oil falls below $80 as US-Iran peace deal signals Strait of Hormuz reopening
- Ukrainian drone strikes Moscow's largest oil refinery
- Semiconductor stocks plunge as FOMC meeting begins; INTC -8.45%, AMD -7.30%, AVGO -4.37%
- Anthropic's Fable shutdown accelerates open-source AI adoption; Chinese AI names surge