Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Oil Tumbles, Stocks Surges As Israeli TV Reports Imminent 'One Month Ceasefire' Announcement Summary US seeks a one-month ceasefire with a framework to end the war, according to Israel Channel 12 reports WSJ, Fox reporting 3,000 elite Army Airborne soldiers to be ordered to Middle East. Axios says US awaits Iran response to proposed Thursday peace talks. Trump says Iran has been destroyed "militarily".  Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp. Heavy exchange of fire and...

Futures Rise After Trump Extends Ceasefire Even As Brent Tops $100 Futures are higher with earnings in full swing and AI winners soaring. Trump indefinitely extended the ceasefire with Iran just before its Taco Tuesday expiration, while maintaining a blockade of the Strait of Hormuz, after plans for peace talks fell apart. Still, the market doesn’t seem too concerned about the lack of a resolution, and is instead focused on a Tasnim report that Iran had received "some signs" the US was ready to break the blockade. As of 8:00am, S&P futures were...

Nano Nuclear Progresses HALEU Transport Package Nano Nuclear released a notable update this morning for achieving conceptual design milestones on its proprietary, optimized High-Assay Low-Enriched Uranium (HALEU) transportation package, developed in partnership with German nuclear logistics heavyweight GNS. Through subsidiary Advanced Fuel Transportation (AFT), the company has nailed down two optimized payload baskets capable of hauling multiple advanced fuel forms including uranium oxide, TRISO, uranium-zirconium hydride, uranium mononitride, and even molten salt reactor fuel. All of it was run through an NRC Quality Assurance program, with initial analyses indicating full regulatory compliance....