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Snubbed By SpaceX, Jefferies Now Helping Traders Short World's Biggest IPO
Snubbed By SpaceX, Jefferies Now Helping Traders Short World's Biggest IPO
Two weeks ago, when the SpaceX IPO prospectus landed, we observed, that "Goldman is lead left; and pretty much every other bank is on the cover."
Goldman is lead left; and pretty much every other bank is on the cover. They need that to sell it to retail https://t.co/9JogVIxo1i pic.twitter.com/nSnvx6tWqs
— zerohedge (@zerohedge) May 20, 2026
Yet one bank was missing: middle-market specialist (with a penchant for junk bonds and lack of due diligence on private credit deals), Jefferies.
Whether it was shunned...
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May 5, 2026 / Tyler Durden
Shale Giant Diamondback Is Boosting Oil Output "Immediately" On Soaring Prices
Shale Giant Diamondback Is Boosting Oil Output "Immediately" On Soaring Prices
With oil prices soaring to multi-year highs, it was only a matter of time: Diamondback Energy, one of the largest shale oil producers, announced it is boosting crude output in response to rising prices caused by the Iran war.
The company that operates in the Permian Basin of West Texas and New Mexico is pumping more than 520,000 barrels a day, 3% more than its original full-year guidance, and plans to sustains those levels, Chief Executive Officer Kaes Van’t Hof...
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Jun 8, 2026 / Jason Ditz
Increasing Number of IDF Raids Reported in Southwestern Syria
Intermittent Israeli military operations in southwestern Syria have been an ongoing reality since the invasion of December 2024, but usually only a handful of meaningful incidents any given month. During the past week, that number has been rising substantially. The monitor Syrian Record Center reported that they’d documented at 59 distinct Israeli violations within the […]
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Aug 4, 2026 / Tyler Durden
"It Could Be Tomorrow": California's Top Earthquake Expert Sounds Alarm On "The Big One"
"It Could Be Tomorrow": California's Top Earthquake Expert Sounds Alarm On "The Big One"
A new peer-reviewed study found that the fault system running beneath Los Angeles and the Inland Empire is carrying more stress today than at any point in the last millennium, and that a single rupture could tear across both the San Andreas and San Jacinto faults at once.
The research, led by Dr. Liliane Burkhard of the University of Bern and published in the Journal of Geophysical Research: Solid Earth, simulated 1,000 years of earthquake cycles on...
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