LVMH Posts Biggest Quarterly Drop Since Dot-Com; UBS Sees Luxury Opportunity

US Central Command (CENTCOM) is requesting the Department of War deploy a hypersonic missile system to the Middle East.  Bloomberg reported on Wednesday that CENTCOM, the regional command responsible for the Middle East, asked for the Dark Eagle hypersonic missile for potential use against Iran. The request comes amid a three-week ceasefire between the US […]

ASP Isotopes Offers Helium Alternative As Qatar Export Crisis Looms ASP Isotopes could provide timely relief for the global helium shortage. In a new research note from Canaccord Genuity analyst George Gianarikas, he highlights the company’s Virginia Gas Project in South Africa as a potential new source of supply just as Qatar’s helium exports face major disruption. The warning comes shortly after we reported on Qatar’s Ras Laffan complex damage and the closure of the Strait of Hormuz, which together threaten roughly one-third of global helium output. Helium remains essential for semiconductor manufacturing,...

Futures Rise As Oil, Yields Drop On Iran Diplomacy Hopes US futures erased earlier losses and are trading at session highs led by tech, as bonds steadied (with the 10Y at multi-decade highs of 5.17%) after oil’s latest rally lost steam, helping US stocks to extend gains for the week. As of 8:00am ET, S&P futures are up 0.4% setting up the benchmark to post its first weekly advance in three; Nasdaq futures gain 0.7% with chipmakers and memory storage names bouncing and Mag 7 stocks mostly higher, led by NVDA (+0.7%)...