D-Day For "Huuuge" Meta Layoffs Looms As AI Job Apocalypse Accelerates

Iranian state media reports that a deal with Oman to regulate traffic through the Strait of Hormuz is nearly completed.  Fars News reported that details of the deal include, “Vessels belonging to the United States, the Zionist regime, and other hostile countries will be prohibited from passing through the Strait of Hormuz.” “Cargo related to […]

US Officials Reveal Reason For CIA Chief's Surprise Moscow Visit Update(2030ET): The Wall Street Journal has late in the day Wednesday revealed the reason for CIA John Ratcliffe's surprise visit to Moscow yesterday where he met with top Kremlin intelligence leaders, citing officials. It was to warn against attacking NATO countries, says the Journal: The surprise visit by the director of the Central Intelligence Agency to Moscow this week was to deliver a warning to Russia not to attack NATO countries, according to people briefed on the visit. The trip was spy-agency chief John Ratcliffe’s first publicly known...

Futures Flat At All Time Highs Ahead Of Huge Week, Semis Set For 19th Day Of Gains Risk sentiment improved overnight on another Axios report that Iran has given the US a new proposal to reopen the Strait of Hormuz with more detailed nuclear talks expected later. Oil pares early gains, and US equity futures jumped although they have also pared gains since and are trading flat as traders await a huge week of earnings (44% of the S&P by mkt cap is set to report) and central bank decisions (Fed, BOJ, ECB, BOE...