Senate Unanimously Votes That Sam Bankman-Fried Should Never Get A Pardon
...a nonbinding resolution declaring that former FTX CEO Sam Bankman-Fried should "under no circumstances" receive a presidential pardon or commutation.
1 In 30 Koreans Margin-Called As Kospi Crashes, Regulator Suspends New Levered ETFs, Hikes Margins
"A total of over 1.2 million leveraged retail accounts across the Korean market triggered margin calls. Approximately 320,000–360,000 accounts were fully liquidated by brokers..."
US Slaps Brazil With 25% Tariffs After Rubio Says Socialist Leader "Failed To Negotiate In Good Faith"
"His economic policies are bad for Americans and bad for Brazilians. For the past year, Lula..."
Das: Déjà Vu All Over Again! Are Stock Markets Repeating Dot.Com Mistakes?
Herd instinct is leading promoters and investors, not financial and technological reality...
Inside The SpaceX AI1 Orbital Data Center: Can It Compete With Terrestrial? Here's The Full Math
There is a scenario in the early 2030s where data center cost can be on par with terrestrial.
Vance Slams Israeli PR Campaign To Keep War Going 'Indefinitely', & Undermine Him
...and says Epstein "clearly had connections to the highest levels of Israeli intelligence"
Cracking Up And Joining Up
Norms are cracking up around us, not just in refined products, but in less ‘refined’ economics and politics
'Slow Hire, No Fire' Economy Confirmed As Jobless Claims Drop Near Record Lows
...no signs of stress in the US Labor market.
Hedge Fund Hunger For Equity Leverage Keeps Climbing
The recent choppiness in stocks has not deterred demand for geared exposure to the market...
Despite Slumping Sentiment & Lower Gas Prices, The American Consumer Is Still Spending Strongly
...'real' retail sales are growing at their fastest annual clip since March 2022...
Futures Slide After Another Korea Rout, TSMA Results Revive AI Fears
“There’s been a lot of concentration in the market and that means there’s little room for error. geopolitical risk is elevated and so there’s a relative tone of caution fundamentally looking at the macro outlook.”
The AI Golden Child Is Finally Bleeding
The Big Pharma Psychedelic Buyout Spree Has Begun
"Eli Lilly is in talks to acquire AtaiBeckley, one of the leading developers of next-generation psychedelic therapies."
New Poll Shows American Voters Overwhelmingly Reject Communism, Dealing A Blow To DSA
"Communism: 5% favorable, 78% unfavorable, -73" ...
The Largest Foreign Buyer Of US Stocks Is Getting Cold Feet
...if Japan joins Europe and continues to pull back on its stock purchases, it’s yet another headwind for the US market.
UBS: TSMC's 'Surprise CapEx Hike' Reinforces Confidence In AI Supply Chain
"More importantly, TSMC's constructive commentary could help restore market confidence, as many..."
Equity futures lower despite TSMC beat and raise and large NVIDIA Rubin order from Japan - Newsquawk US Market Open
Ukraine Intensifies Attacks On Russian Tankers In The Black Sea
After striking 116 vessels linked to Russia’s shadow fleet in the Sea of Azov in recent weeks, Ukraine’s military is turning its sights on ships in the Black Sea, hitting in drone attacks as many as 20 vessels overnight on Wednesday.
Trump: Iran Has Freed Detained American Woman In 'Goodwill' Gesture, After Days Of Bombing
Could this signal a move toward de-escalation?