Three Maritime Incidents Reported In Strait Of Hormuz Energy Chokepoint

Here's Where Wealth Is Moving In America Americans aren’t just moving, they’re bringing billions in wealth with them. This map, via Visual Capitalist's Dorothy Neufeld, visualizes net wealth migration by state in 2023, based on Realtor.com’s analysis of the latest data from the Internal Revenue Service. Florida alone gained tens of billions in income from out-of-state residents. Meanwhile, states like California and New York saw massive outflows, highlighting how affordability is playing a central role in domestic migration trends. Ranked: States With the Highest Inflows of Wealth Between 2019 and 2023, Florida saw $137 billion in net income...

A Pause To Negotiate A Deal? Some Caveats... Authored by Peter Tchir via Academy Securities, Basically we wound up at the better end of our “base case” in yesterday’s Spaghetti Western, and you could argue we made it all the way into our best case of “ceasefire” (I’m reluctant to label it that, as you will see, but it is touching on that end). I do think we are far from a “real deal”. In any case, markets are responding according as both sides send people to Pakistan to negotiate a deal. Stocks are...

"Demand Remains Strong": GM Beats Expectations, Lifts Guidance For Second Time GM beat Wall Street's second-quarter expectations on Tuesday, posting adjusted earnings of $3.57 per share on $48.03 billion in revenue as profitability improved despite softer vehicle sales. Adjusted EBIT reached $3.94 billion, up from $3.0 billion a year earlier, helped by lower tariff-related costs and stronger operating performance, according to Yahoo Finance. The Detroit automaker also lifted its full-year guidance for the second time in 2026. It's amazing what happens when the federal government isn't pressuring your business to convert entirely...