US Industrial Production Disappoints In May

Oil Slides After Iran Says US Agreed To Lift Oil Sanctions During Talks, Long-Term 'Nuclear Freeze' On Table Saudi state-owned Al Arabiya early Monday has issued a bombshell if true (but still very much not officially confirmed), reporting that Iran has agreed to a long-term nuclear freeze instead of a complete dismantling. The outlet also reports that Iran has withdrawn its demand for compensation, instead demanding economic concessions. However, this could be highly dubious, given over the past several days Tehran has not shown willingness to back down from this demand of compensation. It...

Apollo's President Warns AI Is Coming For Professional Services Jobs Next First AI came for Software, disrupting its various offshoots and sparking a brutal bear market at the start of the year before a powerful squeeze sent software stocks surging in recent weeks. Now, it's the turn of professional services, including law firms, accountancies and consulting firms, which according to Apollo’s co-president, Scott Kleinman are likely to be the next sector to face disruption from artificial intelligence. Investors have had their worries focused on the software sector, and the extent to which AI...

Space Nuclear Power Initiative Sends Reactor Companies Flying An announcement from the administration's Science and Technology Director, Michael Kratsios, regarding the establishment of the National Initiative for American Space Nuclear Power sent reactor development companies higher over the following trading days.  The time has come for America to get underway on nuclear power in space🇺🇸 https://t.co/fLrM4MtNbM — NASA Administrator Jared Isaacman (@NASAAdmin) April 14, 2026 Relying on the opinion of Mr. Market is likely not the best idea in a technical scenario. Instead it's best to just look at the last attempt that...