Trump Posts About "World's Most Powerful Reset!!!"

Saudis On Trump's Israel Normalization Demand: 'Tweets Don't Overturn Signed Deals' Update(1258ET): Saudi unnamed officials are pushing back, as expected... After President Trump earlier this morning in a Truth Social post asserted that the already signed US-Saudi nuclear deal would actually be conditioned on Riyadh joining the Abraham Accords, journalist Laura Rozen quotes an unnamed Saudi source who says Trump’s demand is too late. "It was signed. So nothing to renegotiate," the Saudi source says. "Tweets don’t overturn signed agreements." Is the 'civilian nuclear energy' deal already dead on arrival, even as it's...

Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case' Summary: Wall Street Desks Stunned  IBM Shares Crash Most On Record, Exceeding Dot Com & 1987 Crashes  CEO Arvind Krishna Blamed Preliminary 2Q Results on "Shifting" Customer CapEx Spending IBM's surprise second-quarter warning blindsided traders Tuesday morning, raising new concerns that enterprise technology budgets are being redirected toward AI infrastructure at the expense of traditional software and IT services. Shares plunged 24% in the first 20 minutes of New York trading. Should those losses hold through the...

Futures Hit Another Record High After Pricing In Same "Iran Deal" Every Day For The Past Month US equity futures are higher, continuing their slow motion-gamma squeeze into record territory, as traders waited to see whether America and Iran could finally get the peace deal they have already priced in every single day for the past month. As of 8:00am ET, S&P futures are up 0.1%, and poised to rise for the ninth consecutive week, the best streak since 2023; Nasdaq futs also have modest gains. In the pre-market, Mag 7...