Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss

Iraqi Protesters Overrun Kuwait Consulate, Angry Over Role In US Actions Close US ally Kuwait finds itself under growing political pressure from its neighbor Iraq, related to the ongoing Iran war. Angry crowds stormed the Kuwaiti consulate in Iraq's southern Basra governorate on Tuesday after rockets which came from the direction of Kuwait killed three people, according to police sources cited by Reuters and Al Arabiya. BREAKING: Supporters of Iraq’s pro-Iranian Popular Mobilization Militias storm the Kuwaiti Consulate in Basra Province, Iraq, in protest against Kuwait's role with the U.S. in the...

Micro-Cap 'War Unicorn' Merlin Soars After Advancing AI Pilot For C-130 Military Plane Aerospace and defense technology firm Merlin jumped in premarket trading after announcing that its AI-powered autonomous flight software for the C-130J Super Hercules cargo plane, developed with U.S. Special Operations Command, is moving toward formal testing. Merlin wrote in a press release earlier that its AI-powered autonomous flight software has "successfully completed" the critical design review for the C-130J, adding the "milestone positions the program to enter a structured formal test campaign, including aircraft-level testing, reflecting a disciplined...

No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world's largest condom maker, warning that prices are about to explode. Karex CEO Goh Miah Kiat spoke with...