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Iran Says Talks With US Are 'Fake News' After Trump Threatens To 'Just Keep Bombing', Wants Hormuz To Be 'Jointly Controlled'
Iran Says Talks With US Are 'Fake News' After Trump Threatens To 'Just Keep Bombing', Wants Hormuz To Be 'Jointly Controlled'
Summary
Trump announces "productive" talks with Iran, "postpones" military strikes for 5 days
Iran Foreign Ministry + Parliament speaker say no talks have happened, after Trump said "speaking with a top person in Iran", says will "just keep bombing" if Iran talks fail
Trump says Hormuz will be "jointly controlled"; Russia and Pakistan step-up as potential mediators, engage with Tehran
Israel is not seeing an imminent end to the war, and plans to continue...
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Apr 20, 2026 / Tyler Durden
Beyond Chips: U.S. And China Enter Robotaxi Race As Physical AI Emerges
Beyond Chips: U.S. And China Enter Robotaxi Race As Physical AI Emerges
Last week, Goldman analysts led by Mark Delaney laid out a detailed roadmap for clients on how autonomous vehicles could reshape America's highways through the 2030s, with a particular focus on "the impact of AI on profit pools."
In a separate report, Goldman analysts led by Allen Chang covered the rapid expansion of China's robotaxi fleet, highlighting how both superpowers now appear to be locked in a race to automate roads and highways.
"We expect a strong ramp up of...
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May 5, 2026 / Tyler Durden
Deregulate To Regulate
Deregulate To Regulate
Submitted by Molly Schwartz, Cross-Asset Marco Strategist at Rabobank
We have maintained the view that markets are sorely underestimating the impact that the war in Iran will have on global economies and financial markets, and that one day there would come a reckoning. While markets are still highly volatile and the situation in the Middle East highly uncertain, yesterday’s price action suggested that some traders are getting a reality check.
Remember folks, we’re still in a ceasefire! The iffy terms as to whether other countries in the region like Israel,...
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May 23, 2026 / Tyler Durden
"I Think It Will Reduce Our Jobs": Jamie Dimon Predicts AI-Driven Workforce Shift At JPMorgan
"I Think It Will Reduce Our Jobs": Jamie Dimon Predicts AI-Driven Workforce Shift At JPMorgan
Artificial intelligence is set to significantly alter hiring patterns at JPMorgan Chase & Co., according to CEO Jamie Dimon, who said the bank expects to recruit more AI-focused talent while reducing reliance on some conventional banking roles over time, according to Bloomberg.
During a Bloomberg Television interview at the firm’s China Summit in Shanghai, Dimon acknowledged the long-term impact AI is likely to have on employment across the industry. “I think it will reduce our jobs...
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