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Futures Rise, Oil Drops As Market Prices In Iran Deal For Yet Another Day
Futures Rise, Oil Drops As Market Prices In Iran Deal For Yet Another Day
Futures rebounded from the post-FOMC selloff, and oil prices fell as Trump signed the Iran MOU two days early to end the war in the Middle East (in the symbolic Palace of Versailles of all place) and some energy shipments began to transit the Strait of Hormuz. As usual, tech led the parade higher. As of 8:00am ET, S&P futures were up 0.6%, but off overnight session highs, partly unwinding a more than 1% decline after Kevin Warsh signaled the...
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May 3, 2026 / Tyler Durden
China Tries To Assert Dominance Over Canada After Carney Trade Deal
China Tries To Assert Dominance Over Canada After Carney Trade Deal
Historically speaking, crawling to communists for help has never been a good idea; there's always a catch. By extension, making trade deals with China and the CCP from a position of weakness usually ends with diplomatic concessions instead of mere economic concessions. That is to say, the Chinese are less interested in economic benefits, and more interested in political submission.
Canadians are about to speed run this lesson after Prime Minister Mark Carney's "new strategic partnership" formed with China...
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Feb 23, 2026 / Tyler Durden
"Worst-Case Scenario": Novo Nordisk Plunges After Next-Gen Obesity Drug Falls Short Of Lilly Rival
"Worst-Case Scenario": Novo Nordisk Plunges After Next-Gen Obesity Drug Falls Short Of Lilly Rival
Shares of Novo Nordisk A/S plummeted again on Monday after the company reported trial results showing its next-generation obesity shot, CagriSema, delivered 20.2% weight loss at 84 weeks, compared to 23.6% for Eli Lilly & Co.’s tirzepatide (Zepbound).
Bloomberg Intelligence analyst Michael Shah explained, "This outcome is the worst-case scenario for Novo and heightens the need for M&A with Novo’s other GLP-1/Amylin drug."
Shares of Novo in Copenhagen plunged as much as 16.5%, breaking below a support level...
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May 19, 2026 / Tyler Durden
Multiple States Begin Ejecting Illegal Immigrants From Subsidized Healthcare
Multiple States Begin Ejecting Illegal Immigrants From Subsidized Healthcare
The political left often betrays their true agenda in the legislation they choose to oppose. The SAVE Act, for example, would require proof of citizenship to vote in US elections; a law which the majority of countries around the world enforce. It's widely supported by around 80% of the public, yet, Democrats stubbornly refuse to pass it.
Why? Because they know there are illegal immigrants voting in their favor, and they know that mail-in ballot fraud exists and often benefits them.
By extension,...
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