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Fed holds rates as expected with an improved outlook on economic growth; Bessent says Trump Fed Chair pick announcement may come in the next week or so; Trump warns Iran of a far worse attack if no deal reached; Iran says response if attacked will be immediate and unprecedented; Bessent downplays USD/JPY intervention speculation, reiterates strong USD policy; BoC holds rates as expected; Hotter-than-expected Aussie inflation; SK Hynix tops earnings expectations; ASML slips despite strong earnings.

Amazon Exits Experimental Grocery Stores, Will Focus On Whole Foods, 'Supercenters'

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At the time of the announcement, Amazon operated 57 Amazon Fresh stores and 15 Amazon Go locations. 


Tesla Earnings Preview: Robotaxis, Optimus, Energy All In Focus Heading Into 2026

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...this quarter is shaping up to be less about past performance and more about whether Tesla can convince Wall Street that its next chapter is still on track.


With The S&P Back At All Time Highs, How Much Do Tech Stocks Have To Catch Up

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With geopolitical noise easing for now - having stolen the limelight from what’s been a relatively quiet year for AI so far - attention may soon swing back to where tech and AI fundamentals really stand.


Mag 7 Earnings Preview: All You Need To Know

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The tech show starts tomorrow with over $10 trillion in market cap reporting in the next 48 hours...


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Despite Two Dovish Dissents, Fed Holds Rates As Expected; Upgrades Growth, Lowers Labor Risks

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Governors Waller and Miran dissented in favor of a 25bps cut...


Indonesian Stocks Halted For 30 Minutes After Crashing On MSCI "Investability" Concerns

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The benchmark Jakarta Composite crashed as much as 8.8%, triggering a 30-minute market halt, after MSCI said it would immediately pause some index changes, including additions, until regulators address concerns over tightly-held ownership of listed firms.


Tether To Become "Gold Central Bank" In Post-Dollar World, CEO Ardoino Says

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... gold is "logically a safer asset than any national currency."


Watch Live: Fed Chair Powell's First Presser Since Grand Jury Subpoena

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...dissents, subpoenas, Lisa Cook, the dollar?


Trump Responds To Omar Attack: 'She Probably Had Herself Sprayed'

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A graduate of the Smollett Learing Center?

 


FBI Raids 'Ground Zero' Fulton County Election Office In 2020 Voter Fraud Probe

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Agents could be seen entering the Fulton County Election Hub and Operation Center...


These Are Goldman's Top Rates Traders' Tactical Moves Ahead Of "Lukewarm" Fed Statement

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...our bias is that it will be difficult for the front end to materially cheapen in the near term.


Another East Coast Storm Brewing After Widespread Power Outages

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A ‘blast of arctic air’ is expected from the Plains states across the eastern half of the United States this weekend, the National Weather Service says.


Man Shot By Border Patrol In Arizona Was Convicted Human Trafficker Who Allegedly Shot First

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Oh?

 


The (Very Old) Empires Strike Back

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Tariff trash talk made them do it.

With Big-Tech Earnings Looming, Here's Goldman's Top 5 'Uncorrelated' Trades

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...obesity, space exploration, tax-refund beneficiaries, strategic national interests, and cyclical laggards.


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Range-Bound Stocks, Restless Vol

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Bond volatility melts down, gold volatility screams — can both be right?

Virginia Judge Halts Democratic Plans To Redistrict State Before Midterm Elections

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The attempt to redistrict the commonwealth, mid-decade, could have shifted enough congressional seats in Virginia to give Democrats a 10-1 advantage over the GOP...


Citadel: Everyone Is Short The Inflation Tail Risk

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...beware of complacency!


Goldman Warns Of "Tough Markdown" In Crude Should No Conflict Materialize

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Going forward, expect less of a tailwind from CTAs...