"BTIG's base case is for an “equal and opposite” reaction to the recent parabolic tech/semis/AI advance, with SOXX at least testing its 50-day moving average "~20% lower from current levels"."

Oil companies "may begin scheduling deliveries immediately", the Energy Department said...

Hunter may have paid Eastern European women for prostitution or interacted with individuals potentially tied to a human trafficking ring...

The AI melt-up finally hit its first real air pocket.

Sen. John Fetterman (D-Pa.) crossed party lines to support President Donald Trump’s nominee...

Hotter-than-expected US CPI; Fed's Goolsbee remains concerned on services inflation; US releases another 53.3mln barrels from SPR; Iran will not enter second round of talks with US until its five preconditions are met; Iranian Parliamentary spokesperson says "One of Iran's options in the event of another attack could be 90% enrichment"; Saudi Arabia reportedly carried out unpublicised retaliatory strikes on Iran during the war; UK PM Starmer reportedly tells Cabinet that he will not be setting out a timetable for departure; Average US 10yr note auction; Negative commentary on QCOM.

Gen X borrowers, including those age 50 to 61, have the highest average student-loan balance of any age group. Many of them either reached college age as the modern federal student-loan system was forming or borrowed later, likely on behalf of their children.  

The lawsuit comes after a recent Supreme Court decision that found using race as a factor in drawing districts unconstitutional...

'tis but a flesh wound... 

Coming into today, risk appetite had just seen one of the sharpest reversals from negative territory to above 1 since 2000. Everybody suddenly became hungry for risk at the same time.

“As the backbone of the digital economy, compute is the new oil of the 21st century"

Labor unions and major banks are now aligned against it...

Who knew rich people would just move?

NDX Up-Day Volatility Just Hit Pre-1987 Crash Extremes.

"I find myself locally negative risk for a few reasons..."

"Trian in recent weeks has held discussions with outside investors... "

Wheels falling off the bond market. 

...the two assumptions driving the self-feeding bid in stocks are in question.

Described these as aircraft related to high level diplomatic visits & contacts.

The market impact is being driven by misinterpretation rather than policy action...