"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center

HSBC Warns Of Commodity "Super-Squeeze" As Goldman Hikes Copper Forecasts Copper is inching closer to its mid-May all-time high of $14,153 a ton on the London Metal Exchange, trading around $13,832 on Tuesday morning, as Goldman raised its year-end price targets and HSBC warned that commodities face a "super-squeeze" with the Hormuz maritime chokepoint still largely shuttered in early June. Let's begin with HSBC analysts, who wrote in a note to clients that "metal prices are generally in an upswing, driven by supply disruptions for some commodities due to the Middle...

The Trump administration on Wednesday imposed new Iran-related sanctions, a day before US and Iranian officials will meet for another round of talks in Geneva amid the major US military buildup in the Middle East. The Treasury Department said that it imposed sanctions on more than 30 sanctions on individuals, entities, and vessels accused of […]

Domino's US Sale Growth Hits Five-Quarter Low As Budget Diners Pull Back Domino's Pizza posted its softest US comparable-sales growth in five quarters as inflation and the national average price for regular gasoline above $4 a gallon pressured working-poor consumers. Second-quarter same-store sales rose a measly .1%, in line with estimates but trailing the growth expected across much of the quick-service restaurant industry (QSR). Snapshot of 2Q earnings results (courtesy of Bloomberg): Total domestic stores comp sales growth +0.1%, estimate +0.11% (Bloomberg Consensus) Domestic franchise comparable sales growth 0%, estimate +0.07% Domestic co-owned comparable sales...