Piper Sandler's Top Economist Sees "Big Bounce" In Consumer Sentiment As Gas Prices Tumble

Trump: 'Large & Powerful Strikes' In Iran Ongoing As 'Retaliation' For Mining Hormuz Strait Summary Reports of fresh US strike wave on southern Iran, oil soars Bessent Says Hormuz Will Be "Worthless Piece of Water" In Two Years Iran offers conditional ceasefire: Pezeshkian says Iran will return to talks if the US honors prior commitments, which Tehran says it has violated. Tankers hit in Strait of Hormuz: Two supertankers struck exiting Hormuz, escalating energy-market risks. Oil prices surge: Brent crude rose above $92/barrel. Diesel supply squeezed: Refinery disruptions are driving diesel prices and margins sharply higher. Strait of Hormuz traffic returns to...

Study Shows Some Humans Are Evolving To Be 'Foxier' Authored by David Randall via RealClearScience, The latest report from David Reich’s genetics lab at Harvard is that “Ancient DNA reveals pervasive directional selection across West Eurasia.” In other words, humans have been continuing to evolve in Europe and the Middle East for the last 10,000 years, with significant effect. Reich’s paper broadly substantiates the thesis of Gregory Cochran and Henry Harpending’s The 10,000 Year Explosion: How Civilization Accelerated Human Evolution. Civilization hasn’t ended biological evolution, but proceeds alongside it.  Reich’s genome-wide association...

AMD Dumps & Pumps (To New Record High) After Beat-And-Raise Just wow... AMD shares initially puked after results dropped showing top- and bottom-line beats: EPS: $1.37 vs. $1.29 adjusted expected Revenue: $10.25 billion vs. $9.89 billion expected But now they are exploding higher after the second-largest AI chipmaker raised estimates: For the second quarter, AMD said it expects about $11.2 billion in revenue, versus expectations of $10.52 billion, according to LSEG That is a new record high... Revenue jumped 38% from $7.44 billion a year ago, the company said in a release on Tuesday, beating in every segment... Data center...