"But A Whimper": Retail Euphoria In SpaceX Fizzles After Stock Loses $600 Billion In One Day

China Blacklists EU Defense, Aerospace Firms Over Taiwan Dealings China has newly placed a slew of EU defense and aerospace firms on a control list, or effectively a new blacklist, reportedly with an eye on Taiwan tensions. It has barred its exporters from supplying dual-use items to seven EU firms, including FN Herstal and Omnipol a.s., according to a statement from the Chinese commerce ministry. The ministry said the measure targets European defense companies that previously sold arms to Taiwan or maintained links with it, and stated the restrictions will not affect...

Europe's Green Deal Is Unraveling Authored by Mohamed Moutii via the American Institute for Economic Research (AIER) Over the past decade, Europe has played a leading role in shaping global climate policy, highlighted by the launch of the European Green Deal in 2019—Ursula von der Leyen described it as a “man on the moon moment.” The initiative aims to make Europe the world’s first climate-neutral continent by 2050 while fostering innovation and strengthening its industrial base. Yet several years later, the results are deeply disappointing. Instead of meeting its goals, the Green Deal is increasingly associated with...

Futures Slide, Oil Jumps After US Attacks Kharg Island Ahead Of Trump's 8pm Iran Deadline US futures reversed earlier gains and oil advanced following reports that Iran's Kharg island was targeted earlier on Tuesday, while the market was largely paralyzed ahead of Trump’s 8pm ET deadline for Iran to agree to a ceasefire or face escalation. As of 8:00am ET, S&P futures are down 0.4%, and Nasdaq futures slide 0.6%. In premarket trading, all Mag7 names are lower even as AVGO (+3% pre-mkt) is bid after a TPU supply pact with...