Risk assets were mixed on Iran threats to block the Bab al-Mandab Strait and with initial reports that it stopped exchanging messages with the US, although the geopolitical headlines were much more positive later in the session.

" ...  there is substantial doubt about the Company's ability to continue as a going concern." 

...something is rotten in the bluer than blue state of California.

Nobody wants puts. Everybody wants calls. Everybody wants more AI.

The legal complaint alleges UnitedHealthcare makes seniors appear sicker for higher payments from the state...

"...only pedos use Kik." 

The Democratic Party is reduced to psychodrama, and the nature of psychodrama is that it’s about nothing - nothing real, at least...

Iran responds to Israeli aggression in Lebanon by halting negotiations and closing Hormuz and Bab al-Mandab Straits; Trump brokers Hezbollah/Israel ceasefire agreement; MSFT and NVDA announce RTX Spark; ISM Manufacturing PMI Beats, Prices ease, Employment rises; Fed's Powell said Fed will lose credibility if Trump removes officials over policy; OPEC to raise output quotas for July by 188k per day.

Deutsche Bank analyst Edison Yu and his team said industry demand appears to be holding up better than expected.

...increasing disconnect between calm index-level performance and the violent factor, positioning, and single-stock rotations...

We aren’t supposed to talk about the social decay that is running rampant all around us. Instead, we are supposed to just shut our mouths and pretend that everything is just fine...

Russia is banning exports of jet fuel through November 30, 2026, as it seeks to ensure domestic supply amid intensifying Ukrainian drone attacks on the Russian refining infrastructure

...low index volatility masking a more fragile market structure.

"On Monday, she is flying to the US with a message Beijing would recognize as its own."

The update is applicable to a Coast Guard program that only accepted students from Minority Serving Institutions...

"We began investing in MGM nearly six years ago because we believed..."

 

Iranians say all hell to break loose if Beirut comes under new airstrikes...

BTC isn't a hedge. BTC isn't tracking tech. BTC isn't tracking software.

On AI, there are now numerous crosscurrents... 

On oil, risks remain skewed to the upside...

They’re violent lunatics...