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Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher

Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futures fell 0.4% after Bloomberg strategists said a best-case scenario has already been priced in;  Nasdaq futures dropped 0.3% with Mag7 stocks mostly lower. Europe’s Stoxx 600 index fell 0.7%. Emerging-market...
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Jun 25, 2026 / Tyler Durden
Heat Dome Sends European Power Prices Soaring
Heat Dome Sends European Power Prices Soaring An intense heat wave continues to bake France and parts of Europe, with temperatures surging well above the 30-year average for this time of year. Welcome to summer.  They think we are stupid, that our memories cannot stretch back to when life was normal, and when our lives were not based on fear... Summer, it gets hot, Winter it gets cold... It's NORMAL. https://t.co/hYHvZ3dI2w — 🇨🇭🏴󠁧󠁢󠁥󠁮󠁧󠁿InLucysHead🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭© (@InsideLucysHead) June 24, 2026 In France, the average daily temperature reached 85.6F on Tuesday, according to Météo-France, while Pissos in southwest France...
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Jun 30, 2026 / Tyler Durden
Supreme Court: States Can Ban Trans Athletes From Girls' Sports
Supreme Court: States Can Ban Trans Athletes From Girls' Sports The Supreme Court on Tuesday ruled that states can block biological transgender males from competing in girls' sports. In a 6-3 ruling, the court gave an iron-clad answer to the question.  Writing for the majority in West Virginia v. B.P.J. (consolidated with Little v. Hecox), Justice Brett Kavanaugh held that neither Title IX nor the Equal Protection Clause requires schools to carve out an exception for transgender athletes who've undergone hormone therapy or never experienced male puberty. States can draw the line at...
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Mar 6, 2026 / Tyler Durden
Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower
Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower AI-related stocks are sliding late in the New York cash session after Bloomberg News reported that Oracle and OpenAI have scrapped plans to expand the Stargate AI data center in Abilene, Texas, from about 1.2 GW to 2.0 GW. Sources said the expansion was canceled after talks stalled over financing issues and OpenAI's changing demand forecasts. However, the collapse of the Oracle-OpenAI plans has opened the door for Meta, which is now in talks to lease the...
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