Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower

US Africa Command announced on Thursday that its forces launched another airstrike in Somalia as the Trump administration continues a record-shattering bombing campaign in the country. AFRICOM said the strike was launched on July 13 and that it targeted al-Shabaab in the vicinity of Qumbi, a village about 55 miles northwest of the port city […]

"Buy The Dip" Is Dead: Retail Sells Today's Market Bounce, 2nd Time This Week; Sells Nvidia Two weeks ago we warned that the BTFD trade - that staple of every market dip in the past 3 years - appeared to be fading rapidly, as retail investors were demonstrating "persistent signs of weakness" following the start of the Iran conflict with weekly purchases decelerating by ~30% after defying seasonal patterns and making February their 3rd largest month on record; additionally, that Monday marked the largest retail net-selling day in single stocks in...

Bringing Sexy Back: Victoria's Secret Shoots Higher After Abandoning Woke Ideology Shares of Victoria's Secret surged a mind-boggling 40% in the U.S. morning cash session after the bras-and-lingerie retailer delivered a stronger-than-expected first quarter, boosted its outlook, and showed signs of a turnaround plan in motion. Net sales rose 15% to $1.56 billion in the first quarter, beating guidance, while comparable sales increased 13%, signaling that CEO Hillary Super's turnaround plan is gaining traction as product innovation, stronger regular-price selling, and renewed brand momentum drive shoppers back into stores and online.  Management...