Officials said six Chinese nationals were apprehended while allegedly attempting to evade capture on a private ranch near the border.

REAR VIEW: US and Iran have reached an agreement on a 60-day MoU to extend the ceasefire, Axios reports, but Tasnim later pushes back on claims; Cooler-than-expected April US PCE; Initial jobless claims hovers around 215k; SARB hikes rates 25bps, as expected; Fed's Williams said monetary policy is well positioned, where the Fed wants it to be; US struck an Iranian military site in Bandar Abbas.

Sign of the times - The biggest single-stock ETF on the planet is now a 2x levered SK Hynix ETF in Hong Kong.

For weeks the capital had been spared new bombardment during the truce...

The announcement made no mention of negotiations involving Canada, which is also a part of the U.S.–Mexico–Canada Agreement under review in the upcoming talks.

"this won't end well... but getting off the ride early is potentially existential for some traders..."

“These aren’t protesters,” Trump said. “These people are fake. They’re all paid for...”

"Capacity ramp progressing smoothly into 2026/27 with scope for further AI-driven... "

 

NANO highlights the significance of their new critical role in the bottlenecked supply chain.

...reprimanded for engaging in repeated, loud sexual encounters during office hours in chambers with a police officer.

The politics become even more combustible when rising energy costs (from hyerscale compute energy demand) are paired with fears of AI-driven job displacement...

According to Goldman, "this is an early-cycle opportunity to position ahead of a multi-year capital rotation into the robotics ecosystem." Here's what you need to know.

...“90% of the output for 10% of the cost” becomes increasingly viable through open source alternatives...

“Taxing something that you own repeatedly, which is a property tax, is the worst way to do taxation,”

Overall, this was a fitting close to a solid week for Treasury auctions, as today's 7Y auction was an absolutely blockbuster, with all metrics stronger but it was the surge in foreign demand that was the showstopper

The draft law would allow the European Commission far-reaching powers in the event of semiconductor shortages that threaten supplies of weapons, medical devices, digital infrastructure and other key categories of goods.

The DOJ is supporting the RNC’s appeal of a Ninth Circuit ruling that blocks Arizona’s requirement that voters prove they’re citizens when registering to vote...