There's a Padme meme in here somewhere...

...reinforcing the more hawkish 'labor market is resilient' framework introduced last week.

...but the soaring cost of semiconductors (the software and accessories component receives about 30 times the weight in PCE as it does in CPI) - has stalled...

If this is allowed in Hormuz, well then this will spread throughout the world like a contagion.

“In a tech sector with strong growth and high expectations, we think investors will continue to look for signals that the AI adoption theme is playing out as expected”

The odds favour the latter, leaving the rapid rise in real yields on thin ground...

"Otherwise, a decision will have to be made regarding whether to remain in or withdraw from OPEC."

As power demand grows, the metrics used to evaluate grid infrastructure need to change also. The key question today is whether new resources help grid operate more reliably as load growth accelerates

Welcome to summer. 

Humanoid robots are tested on perception, balance, motion planning and adaptive responses in penalty shootout conditions.

• Conflicting reports on whether Israeli forces have pulled away from southern Lebanon, with Israeli and Lebanese sources denying earlier comments by a US State Department official stating Israel has pulled back.
• A senior Iraqi Oil Ministry official said the nation will consider all available options if its OPEC quota is not significantly increased and has considered the idea of leaving OPEC.
• Micron surges over 16% pre-market after it beat expectations and issued stronger guidance, benefiting from surging AI-driven demand, ris

"China is in the process of pulling the rug out from under Europe's rearmament efforts"

He also emphasized that the EU should integrate Ukraine within the framework of a future defense union...

India’s full-month imports of Russian crude are set for a record-high of 2.35 million bpd in June for any month ever, Kpler has estimated. This would exceed the previous record of 2.2 million bpd from May 2023. 

Because we all know theater-goers are the real threat to safety...

He's blaming Iran?