CoreWeave Expands Meta AI Deal To $21 Billion, Issues $4.25 Billion In New Convertible & Junk Debt

US Engaged In Sustained Attack Waves On Iran As Trump Boasts 'We Bombed The Hell Out Of Them' update(1745ET): The Pentagon has confirmed late in the day Sunday that US forces have continues launching more strikes on Iran throughout the day, describing that the latest wave of strikes are aimed to "degrade Iran's ability to attack civilian mariners." US Central Command has been providing more frequent updates throughout the day, as the conflict intensifies. "At 5 p.m. ET today, U.S. Central Command forces began launching more strikes against Iran to continue degrading...

Rubio Pledges To Dismantle International Criminal Court's Threat To US Sovereignty Authored by Victoria Friedman via The Epoch Times, The State Department is launching a campaign to “dismantle the threat posed by the International Criminal Court to U.S. sovereignty,” the department said, including through disabling the court’s ability to target American servicemen or officials. The State Department said in a July 13 statement that actions under consideration include U.S. officials contacting foreign nations to highlight the ICC’s abuses and the risk posed to other countries by the court, and urging them to...

Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress Oil market experts at Rapidan Energy Group warn that a prolonged closure of the Strait of Hormuz could trigger an oil shock severe enough to hit consumers hard and push the economy into a downturn on a scale approaching that of the 2008 Great Recession. That warning was reinforced by a UBS analyst, who cautioned that sharper slowdowns for working-class households could emerge this summer as gasoline pump prices average north of $4.50 per gallon this week and collide...