It’s unclear if there were any injuries or what caused the crash...

US and Iran agree on MoU, albeit with some contradicting reports around Lebanon; NVDA to raise USD 25bln from bond offering; NY Fed Survey disappoints, NAHB falls more than expected, US IP misses forecasts; Fitch affirms China at A; FOX to acquire ROKU

The triumphalism is disconcerting...

Strategy acquired 1,587 Bitcoin for $100 million last week, lifting holdings to 846,842 BTC after raising $209 million through MSTR stock sales...

Have you seen the VXN/VIX chart?

"Blended average of wage, diesel & commodity trends (mostly driven by diesel fuel cost up 60% y/y in May) imply the Food at Home CPI could accelerate..." 

“At the same time, foreclosure volumes remain well below historical norms, indicating that the housing market continues to show resilience despite these challenges...”

The trillion dollar question remains whether lower intelligence costs ultimately create more demand than they destroy pricing power...

"Despite recent optimism around a potential recovery in salty snacks, our analysis would suggest the category remains challenged. While tracked channel growth..." 

Kelley’s recent injunction smacks of judicial excess rather than measured review...

BofA says US labs likely to retain the lead in frontier capabilities while Chinese players gain share in lower-cost, high-volume use-cases...

The bigger risks haven’t gone anywhere...

Will cheaper intelligence create more demand than it destroys value?

Great work by Mayor Mamdani...

The biggest shift recently though has been the explosion in dispersion beneath the surface in the AI theme...

“The wind farm, located in New Mexico, has a total net summer generating capacity of 3,650 megawatts (MW) and is composed of 916 wind turbines,”

...historical pattern suggests that “everything rally” can fade into concentrated leadership following the initial impulse...