China Eyes Iran's Postwar Reconstruction In Bid To Lock Up Future Oil Supplies

Futures Rebound From "Chip-Wreck" Ahead Of Critical Micron Earnings US stocks are set for a rebound with equity futures higher as Semis and Tech stage a partial recovery from yesterday’s "Chip-Wreck" as KOSPI retraced about 20% of its losses ahead of earnings from the single-biggest contributor to US outperformance this year: Micron’s third-quarter numbers are an even bigger deal than usual, following Tuesday’s shakeout of an overcrowded AI trade that’s has been priced for perfection. As of 8:00am ET, S&P 500 futures are 0.3% higher with Nasdaq 100 contracts up 0.5%. In...

No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world's largest condom maker, warning that prices are about to explode. Karex CEO Goh Miah Kiat spoke with...

Vince Vaughn Blasts Late-Night TV: "They All Became The Same Agenda-Based Show" During a recent podcast with Theo Von, Actor Vince Vaughn calls out late-night comedians, says people like Jimmy Kimmel, Stephen Colbert, and others have all become the “SAME SHOW.” Via @VigilantFox: THEO VON: “A lot of the late shows have struggled.” VINCE VAUGHN: “Oh, bro.” THEO: “Because… the only person they could make fun of at a certain point was just like white redneck kind of people. And it f*cking tanked [ratings].” VINCE: “I think that the talk shows, to a large part, became really agenda-based.” “They...