Hormuz Paralyzed: Another Tanker Hit, Floating Parking Lot Of Ships Swells

Core US Factory Orders Better Than Expected In December While sentiment is sagging to multi-year lows, 'hard' data is helping support growth forecasts (GDPNOW) and holding stocks at record highs. This morning we get a fresh glimpse at America's manufacturing segment - hard data - with Orders data (which is expected to drop MoM in December). After surging higher in November (+2.7% MoM), analysts expected US Factory Orders to drop 0.6% MoM in December but the actual print disappointed, dropping 0.7% MoM Source: Bloomberg Interestingly, Core Factory Orders rose 0.4% MoM - better than...

Dramatic Footage Shows Air Canada Jet Colliding With Fire Truck At LaGuardia Summary: Air Canada Express Flight AC8646 collided with a fire truck late Sunday night at LaGuardia Airport The pilot and co-pilot were killed, while dozens of passengers were injured LaGuardia has remained closed since the crash, with flights not expected to resume until 1400 ET ATC audio suggests the controller may have been distracted by an earlier incident *  *  *  Update on Air Canada Express Flight Crash At LaGuardia Surveillance footage posted on X by aircraftmaintenanceengineer appears to show the moment Air Canada Express Flight...

CoreWeave Expands Meta AI Deal To $21 Billion, Issues $4.25 Billion In New Convertible & Junk Debt CoreWeave has expanded its agreement to supply Meta with AI computing capacity, lifting the total value of the deal to $21 billion, as reported by Bloomberg. The updated terms extend AI cloud services through December 2032. This means that circular financing circle jerk we've been tracking since last year continues. LOL *COREWEAVE INKS $14 BILLION META DEAL TO SUPPLY COMPUTING POWER ye daily circle jerk — zerohedge (@zerohedge) September 30, 2025 The deal underscores a broader truth in the...