Trump Says He's Not Replacing FDA Chief Makary

Futures Slide Amid Renewed Tech Selling, Geopolitical Chaos Ahead Of Key CPI Print Markets continue to trade with a risk-off bias this morning, with equity futures and macro credit weaker, rates selling across the curve, as the USD and oil sensitive currencies outperform. It’s set to be another ugly day for US tech stocks as US equity futures slide ahead of today's CPI print which will see headline inflation rise above 4% for the first time in 3 years (full preview here). As of 8:00am Nasdaq 100 futures are down 1.5%...

Israeli forces continue to operate militarily in southwestern Syria, though exactly what they are attempting to accomplish is increasingly uncertain, with raids into Quneitra and Daraa Governorates involving ill-defined investigations of random homes or people. The weekend operation was near the town of Jamleh, and saw Israeli troops enter Syria to capture a group of […]

Amazon Secures 20 Years Of Nuclear Power From Constellation As Goldman Sees Industry-Wide Win Goldman analyst Carly Davenport views Amazon's nuclear power deal with Constellation Energy as "positive for industry broadly" as the "Powering Up America" theme and nuclear theme continue as Big Tech scrambles for the cleanest form of stable power to fuel data centers chip stacks.  Davenport said Constellation Energy's 20-year deal to supply Amazon with 690 megawatts from Maryland's Calvert Cliffs nuclear plant is positive for both the utility and the broader power complex.  Calvert Cliffs has two nuclear reactors, with a...