The settlement will prevent advertising agencies from distorting America’s public square...

...dragged the American people into a war of choice, launched without congressional authorization.

TSMC warned that increasing component costs, including for memory chips, could affect the price-sensitive consumer market

"They can pretty much target anyone..."

All this speaks to me of a "leveraged buying spree" which has likely moved the market up a bit too far, too fast...

"I want to be crystal clear: Our season continues exactly as planned, uninterrupted and at full throttle,"

Comes after the Anthropic fiasco. 

The setup into earnings remains asymmetric... Positioning is still light following the recent de-risking, leaving room for incremental fundamental buying...

"For example, Peugeot drivers may receive intelligent recommendations..." 

As is becoming clear, the moat for AI firms is not knowledge... Instead, AI firms’ moat is capital...

Retail investors now make up roughly a fifth of the U.S. private credit market, drawn in by lower minimums—but not necessarily easy exits

The White House has authorized construction of the new Bakken pipeline and renewed operating authority for Enbridge facilities along the U.S.–Canada border...

"While families likely feel that what they gaining from higher refunds, they are paying out in higher gas prices...” 

It’s not just that the market has priced in only one possible geopolitical scenario ahead: it’s not pricing that geopolitics suggests a future when things aren’t priced in as the norm. At which point, what are markets for? Try answering that without answering what GDP is for.