39 out of the last 41 midterms, the party in the White House loses seats, and there's not very many seats Republicans can afford to lose...

Mixed US PCE report, in-line core, headline above consensus; US Q2 GDP unrevised as expected; Durable goods rise more than expected; Trump says he is "not in a hurry" with Iran; Senior Iranian Official says that an agreement with Oman with the Strait of Hormuz has not yet been finalised; Russian President Putin reportedly planning Ukraine escalation and seeing talks as fruitless; US 5yr auction shows improving demand; Atlanta Fed GDPnow Q3 estimate revised higher; META to pay a maximum of $16.68B to states to settle social media case.

The study details joint laboratories and research in aero-engines, underwater acoustics, and target detection as the Pentagon audits 30 U.S. schools.

Nvidia will beat FQ2 (July) revenue estimates by approximately $3-4 billion, with revenue potentially reaching $94-95 bn. The stock, however, will not respond to the beat. 

The video was broadcast by Iranian state media...

“I think it’s deeply un-American to seize people’s assets. It might be unconstitutional...”

Oil climbed briefly on the headline...

When the dust settles after this bubble peaks, the AI technology will certainly be there, but most of the companies that are at the forefront of the AI wave today, will not. 

...an entire movement rose up in opposition, not because people hated progress but because they didn’t want it to be rammed down their throats...

" ... buffers are now starting to run down."

Dollar puts are bid. The crowd is turning bearish. The price action is much less convinced.

A Justice Department filing argues renovations tied to recognition of the president are essential to avert structural failure at the performing arts venue...

Overall, this was a solid, if notably weaker auction than yesterday's phenomenal 2Y sale, and the continued drift higher in the 10Y yield and the entire curve to session highs, confirmed the market's muted reception.

Artificially low interest rates feed inflation and distort production structures.

The one condition likely to blow up the deal...

Historic Cleveland sanctuary reduced to rubble...

NVDA is more than a single-stock earnings event – it is effectively the next major test of the market’s growth narrative...