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JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut
JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut
One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela.
The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...
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Apr 17, 2026 / Tyler Durden
Kamikaze Drone Maker Raises $320 Million In U.S. IPO As 'War Unicorns' Rise
Kamikaze Drone Maker Raises $320 Million In U.S. IPO As 'War Unicorns' Rise
The rise of "war unicorns" will be an impressive development to watch over the next several years, as we've diligently laid out for readers for months, well before the U.S.-Iran conflict, how a massive government push and in capital markets would begin to prioritize the next generation of defense-tech firms rather than big, bloated legacy defense contractors.
Aevex, a military drone maker backed by Madison Dearborn Partners, is the latest example of capital markets getting excited about war...
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Jun 23, 2026 / Tyler Durden
She Took Two Key Items: New Details Raise Doubts Over Los Alamos Lab Assistant's Death
She Took Two Key Items: New Details Raise Doubts Over Los Alamos Lab Assistant's Death
Authored by Steve Watson via Modernity News,
Fresh reporting reveals that Melissa Casias, administrative assistant at the Los Alamos nuclear lab, left home with everyday possessions that suggest she intended to survive - not end her life - raising new questions in the widening pattern of mysterious deaths among nuclear and UFO-linked personnel.
Some have suggested that Casias committed suicide, yet new details about her final moments show that before walking out the door of her Ranchos...
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May 26, 2026 / Tyler Durden
Why Oil Markets Could Face A Generational Shock This Summer If US-Iran Talks Fail
Why Oil Markets Could Face A Generational Shock This Summer If US-Iran Talks Fail
President Trump is signaling "make a good deal" or walk away with no deal at all.
Overnight hostilities around the Hormuz maritime chokepoint highlight just how fragile the ceasefire remains as Washington and Tehran try to solidify a peace deal to end the conflict.
The timing of a peace deal is very important because, as we have warned readers, a no-deal scenario would collide with a deteriorating oil-supply backdrop by summer, when global buffers and floating storage begin...
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