Axios Warns Cuba Stockpiled 300 Attack Drones With Crosshairs On U.S. Homeland

An Israeli airstrike in northern Gaza on Wednesday night killed at least five Palestinians, including three children, the Palestinian news agency WAFA reported, as the IDF continues its constant violations of the US-backed ceasefire deal. A WAFA correspondent said the strike struck a group of Palestinians near a mosque in Beit Lahia, and other people […]

Futures Jump As Micron Revives AI Euphoria, Oil Erases War Gains Global stocks and S&P futures are higher while Nasdaq futures are on a tear after Micron’s sales forecast blew the lights out, brushing aside fears over a near-term pullback in the AI trade, while Qualcomm set aggressive targets at its investor day in New York. As of 8:00am ET, a revival of the AI demand theme is sending contracts on the Nasdaq 100 up 2.1% while S&P 500 futures are up a more modest 0.7%. MU is +18% pre-market, pushing Semis...

"Apathy, Caution, And Chagrin": UBS Sours On Consumer Stocks The Street's mood toward US retail has been described by UBS analysts as "apathy, caution, and chagrin." "Investors are engaged, but not necessarily enthusiastic. They remain interested, but increasingly selective. Most importantly, conviction feels harder earned than it has in years," Michael Lasser, a managing director and senior equity-research analyst at UBS, wrote in a note on Thursday. Goldman Sachs consumer expert Scott Feiler wrote yesterday that "consumer stocks have had a tough run the last few weeks" and pointed to Goldman's...