Japan Prepares To End Quantitative Tightening Amid Bond Market Turmoil

Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide US futures are flat, with S&P contracts clinging to small gains and the Nasdaq slipping into the red as memory stocks slide, after a weekend of contradictory geopolitical headlines whipsawed oil (see below). As of 8:00am ET, S&P futures were 0.1% higher at 7,865 while Nasdaq futures were down 0.1%. Dow futures are up about 0.1%. That follows a Friday session in which the S&P rose 0.6% to cap a 1.2% weekly gain (after a record close...

New Images Reveal China's Stealth Drone At Secretive "Area 51" Base Aviation researcher Andreas Rupprecht posted footage on LinkedIn that appears to show China’s next-generation high-altitude intelligence, surveillance and reconnaissance drone, an aircraft he estimates is “comparable in size to the US Air Force’s B-21 Raider.” Rupprecht wrote on LinkedIn that the WZ-X drone was spotted at a secretive air base in China’s Xinjiang region, known to some as China’s version of Area 51: Two new images of the PLAAF’s latest and largest intercontinental HALE ISR #UAV, provisionally referred to simply as...

Raytheon has landed a massive $22.9 billion contract with the US military to dramatically ramp up the production of Tomahawk missiles, as US arms makers continue to cash in on the US-Israeli war against Iran. The US fired over 1,000 Tomahawk missiles into Iran during the conflict, nearly one-third of the pre-war inventory, according to […]