Tyson Sinks, Walmart Falls After Trump Moves To Temporarily Lower Beef Import Tariffs

Prime Minister Robert Fico said that if Kiev does not allow Russian oil to flow to Slovakia by Monday, Bratislava will halt energy transfers to Ukraine. “IF THE UKRAINIAN PRESIDENT DOES NOT RESUME OIL SUPPLIES TO SLOVAKIA ON MONDAY, ON THAT SAME DAY I WILL ASK THE RELEVANT SLOVAK COMPANIES TO STOP EMERGENCY ELECTRICITY SUPPLIES […]

Semiconductor Stocks Tumble After Microsoft Balks At $3B Oracle Cloud Deal Chip stocks tumbled even further in late Tuesday trading following a report that Microsoft just walked away from talks with Oracle about leasing the company's cloud infrastructure because of concerns over security and compliance.  The deal, according to Business Insider, would have been worth over $3 billion - as large Silicon Valley tech companies are running short on computing power (more on that later).  The plan was to move some Microsoft workloads to Oracle Cloud Infrastructure, but Oracle's public cloud did not have the...

Turkey Markets Crash After Court Unseats Opposition Head In Latest Erdogan Power Grab Shortly after we learned that Turkey had sold virtually all of its Treasuries in March to defend the lira after the Iran war broke out, the country was thrown into fresh political turmoil on Thursday when a Turkish court removed the leader of the country’s main opposition party in a landmark ruling that triggered a stock market crash, including one marketwide halt, and could strengthen President Recep Tayyip Erdogan’s grip on power while further alienating foreign capital. The...