PODCAST: Why This Recession is Different

SaaS Stocks Slammed As ServiceNow Disappoints, Blames MidEast War Perhaps indicative of the fragility of the current rebound - as Software stocks have recently ripped higher for 8 straight days - SaaS stocks are all deeply in the red after-hours as ServiceNow - the potential poster-child for AI disruption - cut its margin outlook amid lackluster results, sending shares reeling. At first glance, it was a good print - the provider of business task management software posted first-quarter adjusted earnings of 97 cents a share, which was in-line with Wall Street...

Russia Launches Springtime Offensive On Ukraine, As "That Other War" Drags On Just days after we reported that trilateral peace negotiations between Russia, Ukraine, and the Trump administration had been suspended -  likely indefinitely - thanks to Washington's escalating involvement in the Iran war, Reuters is now confirming the inevitable: Moscow is pressing ahead with a fresh springtime offensive while Kiev scrambles to hold the line. As we reported before, from the collapse of talks in Geneva and Miami to Putin's envoy shuttling back for what turned out to be fruitless...

Gaza’s Health Ministry on Tuesday said that Israeli forces killed at least seven Palestinians and wounded 21 over the previous 24 hours as the IDF continues its relentless attacks and constant violations of the US-backed ceasefire deal. Attacks in Gaza over the past day included an overnight bombing in Khan Younis, southern Gaza, that killed […]