New York Legislature Passes Data Center Moratorium

Futures, Bonds Tumble, Oil Surges After Middle East Attacks Resume Summary Equity Futures Tumble, Oil Surges On Fresh Middle East Strikes  US forces carried out airstrikes on an Iranian military site and imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz. In response, Iran targeted the American airbase from which the attack originated, according to a Tasnim report, which cited the Islamic Revolutionary Guard Corps. Kuwait also said it’s responding to hostile missile and drone threats New US strikes in Iran reported, after Iranian drone intercepts in Hormuz area. Trump red line (PBS):...

Trump Shares Hillary Clinton Op-Ed Backing His Gaza Plan In Face Of Bibi Rejection President Trump is currently experiencing a rare moment of his plans for the Mideast region being rejected on multiple fronts - even among allies, apparently. Israeli Prime Minister Benjamin Netanyahu over weekend rejected a US-backed 15-point peace plan for Gaza, which marks a rare and very glaring public break with Trump. Netanyahu was surprisingly up front in acknowledging the complete break in policy vision from the White House. "Contrary to all those who preach to us, we...

Roblox Crashes After User Miss, Soft Guidance Triggers Wall Street Downgrades Roblox shares plunged 21% in premarket trading in New York - the most in two years if losses hold through the cash session - after second-quarter users and bookings missed Bloomberg Consensus estimates, reflecting softer engagement following the rollout of new child-safety measures. Daily active users reached 123 million versus the 128.7 million consensus, while bookings totaled $1.56 billion, below the $1.6 billion estimate. Roblox forecast third-quarter bookings of $1.58 billion to $1.65 billion, representing a 14% to 18% decline...