Trump Says US May Bomb Iran’s Kharg Island Again ‘Just for Fun’

UBS Finds Global Trade Structure "Surprisingly Stable" As AI Emerges As Growth Engine Despite ongoing Gulf-related energy shocks, mounting concerns over a potential energy cliff (read here), and UBS last month reactivating its supply chain stress-watch coverage, another UBS analyst noted Wednesday that the overall structure of global trade remains "surprisingly stable." Analyst Arend Kapteyn pointed out that the structure of global trade remains far more structurally stable than recent growth trends suggest, even as technology and AI-related categories have driven nearly 80% of recent trade growth while accounting for only...

President Donald Trump dismissed Iran’s response to his peace proposal as totally unacceptable.  “I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it — TOTALLY UNACCEPTABLE!” the President wrote on Truth Social Sunday. The post was published shortly after the Iranian media said Tehran sent Washington its response to the peace […]

Futures Rise, US Stocks Set For New Record As Hopes For Iran Peace Deal Persist Despite Bombing US futures are higher again, led by tech and small caps. As of 7:30am, S&P 500 futures rose 0.7%, signaling US stocks are set for another record high when the market reopens after Memorial Day weekend. Nasdaq 100 contracts, supercharged by the artificial intelligence trade, gained more than 1% as Magnificent Seven big tech shares rallied in premarket trading. In premarket trading, all Mag 7 are higher led by NVDA (+0.8%), TSLA (+0.8%)...