From Iran’s perspective, there is a case to see the deal collapse within months. Indeed, if Tehran cannot get the benefits promised by the US because it won’t take the steps required of it, then it arguably has little incentive to keep Hormuz open.

... aim was to target "capitalist elites," "billionaires," or politicians who received donations from APIAC...

AI is likewise becoming one big short correlation trade...

“Traders were content that there were no overtly hawkish surprises from the BOJ. The rate hike was fully anticipated and priced in.”

The German public broadcaster admitted its wording was "imprecise" and "misleading."

CXMT’s registration to go public on Shanghai’s Nasdaq-style Star Market became effective on June 12. The Hefei-based company is planning to raise CNY29.5 billion ($4.4 billion) which would also make it the Star Market’s second-largest IPO.

The US stock market has hit a new all-time high valuation. That leaves a lot of room for downside if earnings expectations do not live up to the hype...

The question for LongRange Capital is what the turnaround strategy will look like and whether it will target value-seeking families, nostalgic millennials…

...officials blame the weather as data exposes risks for an increasingly two-speed economy...

Leveraged ETFs, extreme volatility and dealer flows are feeding off each other in one of the most unusual market structures on the planet.

License plate readers were just the beginning...

...after an ugly April.

The Americas are replacing the Middle East as the key source of global oil supply, with crude exports from the Western Hemisphere hitting a record 14.5 million bpd while Strait of Hormuz traffic collapsed...

“All eyes will remain on the Fed for now and how Kevin Warsh will handle the competing pressures from rising inflation and the prospect of lower energy inflation once the Strait of Hormuz reopens”

"… but history does tend to rhyme..." 

Details of the deal show that Cursor shareholders will receive SpaceX Class A common stock. 

Gold investors are suddenly obsessed with downside protection. Meanwhile, upside exposure has rarely looked cheaper.