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Futures Slide, Oil Jumps After US Attacks Kharg Island Ahead Of Trump's 8pm Iran Deadline
Futures Slide, Oil Jumps After US Attacks Kharg Island Ahead Of Trump's 8pm Iran Deadline
US futures reversed earlier gains and oil advanced following reports that Iran's Kharg island was targeted earlier on Tuesday, while the market was largely paralyzed ahead of Trump’s 8pm ET deadline for Iran to agree to a ceasefire or face escalation. As of 8:00am ET, S&P futures are down 0.4%, and Nasdaq futures slide 0.6%. In premarket trading, all Mag7 names are lower even as AVGO (+3% pre-mkt) is bid after a TPU supply pact with...
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May 18, 2026 / Tyler Durden
Judge Tosses Key Evidence In Luigi Mangione Case Over Warrantless Backpack Search
Judge Tosses Key Evidence In Luigi Mangione Case Over Warrantless Backpack Search
A judge just handed Luigi Mangione some big wins in his high-profile murder case. On Monday, New York Supreme Court Justice Gregory Carro issued a mixed ruling on evidence seized during the suspect’s dramatic arrest at a Pennsylvania McDonald’s. The decision represents a partial victory for the defense on constitutional grounds while delivering a significant boost to prosecutors by preserving the most damning pieces of physical evidence linking Mangione to the assassination of UnitedHealthcare CEO Brian Thompson.
Mangione, 28,...
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Jun 2, 2026 / Tyler Durden
Leftists Try To "Cancel" Giants Quarterback For His Appearance At Trump Rally
Leftists Try To "Cancel" Giants Quarterback For His Appearance At Trump Rally
Leftists often claim that when someone of celebrity status appears with Donald Trump, it gives Trump "legitimacy." This is the common rationale they use to justify their insane cult-like behavior - Their habit of using mobs of mindless activist zombies in order to frighten people with status away from openly identifying as conservative. The truth is, the political left is a paper tiger, an astroturf movement with no power, blustering with false bravado.
In reality, celebrities do not...
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Jul 1, 2026 / Tyler Durden
Microsoft Plans Thousands Of Job Cuts As Stock Suffers Worst Start In Years
Microsoft Plans Thousands Of Job Cuts As Stock Suffers Worst Start In Years
Microsoft shares are on track for one of their worst starts to a year in two decades, down roughly 21% year to date as of Tuesday’s close, as a cloud and sales hiring freeze and a broader “reset” of the Xbox unit have made recent headlines. This comes on top of growing concern over Microsoft’s AI spending boom.
Like much of the technology sector, Microsoft and other tech giants became labor-heavy after years of overhiring before and during...
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