Blackstone has thrown in the towel and is gating redemptions from its flagship private credit fund for the first time after investors sought to pull 10% of the shares.

Among key nameplates, Mustang Mach-E and F-150 Lightning both posted declines of roughly 45%...

In May, Artificial Intelligence (AI) led all reasons for job cuts for the third month in a row, with 38,579 announced cuts...

“Valuations are looking slightly frothy in pockets of the market which have seen the strongest gains over recent weeks,”

...the 'Netscape' analog puts us in July 1998...

"And we think a piece of that pain that they are feeling wasn't felt in the first quarter purely because of tax proceeds." 

Constellation Energy will be able to transfer capacity interconnection rights, enabling the nuclear unit to potentially deliver all its power when it restarts, possibly before the end of 2027.

"What you’re seeing reports of — including last night — is the following: a ship will go through the route, particularly both the northern and southern route of Hormuz, those ships will come under attack, the US will respond to that attack by shooting down those drones"

An informed source to Al Arabiya said the agreement on the release of frozen Iranian funds in its final stages, but the search continues for a mechanism on frozen funds. However, US President Trump informed the mediators of his refusal to release funds to Iran before signing the agreement.

US President Trump said they have been hitting Iran pretty hard and Iran negotiations are going well, while he suggested a deal could happen over the weekend. Though noted that it could go another two or three weeks, Brent Aug’26 -0.7%.

...good news is bad news again?

The verdict has left many activist investors asking a basic question: what exactly are the rules?

For now the markets operate more on flows, positioning, sentiment and momentum than they do on fundamentals or valuation...

Broadcom forecast that AI semiconductor revenue will be $16 billion in Q3, missing analyst estimates of $17.2 billion. 

All major indices finished in the red and oil prices climbed after the US conducted a strike on Iran's Qeshm Island, while Iran targeted US military bases in the Middle East.

India is poised to announce a suite of measures to lure foreign capital - reducing taxes and removing ownership caps on certain bonds - possibly as soon as this week

"...the market isn’t dumb... nothing is worse for consumer cyclicals than inflation..."

REAR VIEW: US/Iran trade retaliatory strikes; Kuwait international airport struck, with both US & Iran blaming each other; Iran FM said no established method for US/Iran negotiations now; Trump said working on a deal with Iran; US ADP tops expectations; Strong headline US ISM Services PMI report, although prices remained elevated; Barr said policy in good place; Williams noted no obvious argument to alter interest rates currently; MRVL gains continue.

According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029.

CBOE’s Dispersion Index (DSPX) is at levels only seen during Covid and the April ’25 tariff crash, while Correlation (COR1M) is near all-time lows. This divergence signals extreme positioning risk driven by the AI stock chase, and makes SPY downside hedges historically cheap.