Axios: US Wasn’t Sure If Iran Intentionally Downed Apache Helicopter Before Trump Ordered Strikes

Wall Street's Nuclear Bull Case Requires Reactors To Actually Get Built Wall Street is largely on board with the nuclear bull case. But investor patience is thinning with an industry that is enjoying both political support and demand from deep-pocketed customers, yet still struggles to this day to get any projects actually started. We noted a similar sentiment with Barclay’s nuclear outlook, as investors increasingly want evidence of real delivery. New research from Jefferies and Bank of America echo similar verbiage (Professional subscribers can read the full notes here at our marketdesk.ai...

Former AI SPAC Executives Indicted For Fabricating "Virtually All" Revenue And Customers What looked like a booming AI company was, prosecutors say, an audacious house of cards built on deception. iLearningEngines (former stock symbol AILE) executives allegedly fabricated virtually every pillar of their business—customers, revenues, and contracts—to cash in on the AI hype and dupe both everyday investors and major institutions. The scheme involved creating entire fake client ecosystems: shell companies with polished websites, insiders or relatives posing as corporate executives, and bogus multimillion-dollar agreements designed to withstand scrutiny, according to a...

Futures Drop On Souring Chipmaker Sentiment, Kospi Plunge Futures are lower amid fresh underperformance of tech. If the premarket weakness persists, the S&P 500 is set to break a historic weekly run of gains as the AI trade takes another leg lower this time driven by the cartoonish Kospi index, with investors also expecting payrolls data to affirm that interest rates will stay higher for longer (full payrolls preview here). As of 8:00am ET, S&P futures are down 0.5% while Nasdaq futures slide 1% as chipmakers fall and big tech stocks are lower too, following on from...