Before Khamenei Killing, CIA Assessed He Would Likely Be Replaced by More Hardline Elements of the IRGC

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...

Services Sector Survey Surge Sparks US Growth Rebound Hopes In August After a relatively ugly series of disappointing macro data - and a hectic week of interventions - preliminary August data from S&P Global's PMI survey was expected to signal a slowdown in growth for the US economy (but still growth). But, the respondents had other things on their mind as while Manufacturing slipped, the Services sector of the economy soared Flash US Services PMI Business Activity Index: 56.8 (July: 54.6). 20-month high. Flash US Manufacturing PMI: 53.2 (July: 53.9). 5-month low.  “US business...