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Thursday signal: markets shrug at war, Meta's own silicon, and Micron's $250B

Day two of strikes meets a chip rally, Meta dates its Iris production run, Congress braces for a defense-money fight, and an AI agent raises its own round — press a signal for coverage.

Signalpoint TeamBrief

World

Watch the mediators’ calendar, not the strike count — both sides are burning munitions to set the terms of the next negotiating table.

BackgroundThe Strait of Hormuz — the narrow waterway carrying about a fifth of the world's oil — is the flashpoint of a US–Iran war that a June memorandum paused but did not settle.

Points
  1. Qatar and Pakistan, the June memorandum’s original mediators, are running what one source calls “extensive diplomatic efforts” to schedule another round of nuclear talks; the White House says technical talks never stopped.
  2. Iran’s negotiator insists the strait reopens only under “Iranian arrangements” — the same control question the 60-day memorandum deliberately postponed.
  3. The shipping toll is the real leverage: the UN counts over 6,000 sailors trapped in the waterway, daily transits are down to single digits, and some ships now switch off their tracking transponders to pass.
  4. Vance stated the US position flatly: keep the strait open or “it's just going to keep on happening” — the White House is planning for a multi-week exchange.

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