Watch Live: Hegseth Declares 'Victory' As Fragile Iran Ceasefire Hailed Internationally

The US lost at least 45 MQ-9 Reaper drones in its war with Iran, or roughly 25% of its entire fleet, The Washington Post reported on Thursday, one of the many examples of the conflict creating a staggering depletion of US military stockpiles. MQ-9s are used to conduct surveillance and launch airstrikes and were deployed […]

Deja Vu All Over Again: Futures Surge, Oil Tumbles On Iran Deal Optimism, Tech Rally US equity futures are up big this morning and making fresh all time highs, led by tech companies, while oil prices and bond yields fell sharply on optimism that the US and Iran are nearing a peace deal. As of 8:00am Nasdaq 100 futures jumped 1.7% while those for the S&P 500 gained 1%, with both gauges set to build on record highs. Iran is evaluating a new proposal from the US to end their near 10-week war, according to an Axios...

Unitree Founder Sees Humanoids Going "Mass Market" Within Decade As IPO Rally Fades Lower US long-end yields, a softer dollar, and SK Hynix's share buyback announcement stabilized sentiment across Asian markets. However, shares of Chinese humanoid robot maker Unitree erased some of those massive 460% gains following Wednesday's blockbuster debut.  Risk appetite was also tempered after President Trump declared "Economic D-Day" against Iran and threatened severe consequences for any country providing support to Tehran. Against that backdrop, investors may continue rotating toward safer (see here), higher-quality companies with limited exposure to geopolitical...