From FOMO To Oh No! Koreans Face Massive Forced Liquidations As AI Bubble Bursts

Futures Slide Amid Renewed Tech Selling, Geopolitical Chaos Ahead Of Key CPI Print Markets continue to trade with a risk-off bias this morning, with equity futures and macro credit weaker, rates selling across the curve, as the USD and oil sensitive currencies outperform. It’s set to be another ugly day for US tech stocks as US equity futures slide ahead of today's CPI print which will see headline inflation rise above 4% for the first time in 3 years (full preview here). As of 8:00am Nasdaq 100 futures are down 1.5%...

Trump Admin Subpoenas New York Times Reporters Over Coverage Of New Air Force One The Justice Department issued grand jury subpoenas on Friday to four New York Times reporters, ordering them to testify in Manhattan on Wednesday about stories describing security gaps in the new Air Force One. Federal agents showed up at some of the reporters' homes to deliver the subpoenas in person, a detail that has The Times claiming amounts to government intimidation. The four subpoenaed journalists are Julian E. Barnes, Eric Lipton, Tyler Pager, and Eric Schmitt. Jay...

The Board of Peace said that the UN aid agency for Palestinians (UNRWA) can have no role in the future of Gaza.  “UNRWA has no place in the new Gaza,” the Board of Peace posted to X on Wednesday. “We are turning the page on the complex of perpetual aid dependency & conflict. The people […]