Iran Strike Debate Erupts: Joint Chiefs Chair Allegedly Resists, Trump Fires Back

Futures, Yields And Oil All Rise As Trump Arrives In China US equity futures are up (alongside oil and yields, go figure), reversing yesterday's modest losses, as optimism around the earnings potential of AI outweighs concerns over hot inflation readings bringing dip buyers back to drive tech stocks higher, with traders betting that the tech rally has further room to run while also hoping on good news from the Trump-Xi summit set to start today in Beijing. As of 7:30am ET, S&P futures were up 0.2% and Nasdaq futures rose...

Ukraine, U.S. Draft Defense Deal To Supercharge America's Kamikaze Drone Production U.S. and Ukrainian officials have drafted a memorandum that could open a formal channel for Kiev to export battle-tested war technology to the U.S., while also easing the path for U.S. defense firms to form joint ventures with Ukrainian "war unicorns" to mass-produce low-cost, one-way attack drones. The report comes from CBS News, citing three sources familiar with the matter, who say U.S. State Department officials and Ukraine's Deputy Prime Minister for European and Euro-Atlantic Integration, Olha Stefanishyna, are working...

Indian Ship Sunk Near Oman; Iranian Commandos Seize Vessel Off UAE Summary:  Indian Cargo Ship Sinks in Suspected Drone Attack off Oman  Iranian Commandos Board & Seize Honduras-Flagged Ship Off UAE Indian Cargo Ship Sinks Near Oman Maritime data company Windward revealed on X: Indian cargo vessel sunk by suspected drone attack off Oman The MSV HAJI ALI (MMSI: 419908021) has gone down in the Strait of Hormuz region. The 57m vessel was running dark (AIS disabled) at the time of the incident. The ship had recently transited from Somalia. All crew members have been successfully rescued....