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Futures Drop, Chips Resume Slide As OpenAI IPO Delay Dents Sentiment
Futures Drop, Chips Resume Slide As OpenAI IPO Delay Dents Sentiment
Futures point to a lower start for cash trading on the last day of the week, as tech stocks dragged global indexes lower following renewed selling in chipmakers, while a report that OpenAI could postpone plans to go public also weighed on sentiment. The volatility reflects a valuation test, profit‑taking and flow-driven positioning, according to Christian Stocker, equity strategist at UniCredit, who suggests it’s a “temporary correction within a still-intact long-term AI growth trend.” As of 8:00am ET, Nasdaq 100 futures...
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Jun 10, 2026 / Tyler Durden
Bank Of Japan Governor Ueda Hospitalized, Will Miss June Meeting
Bank Of Japan Governor Ueda Hospitalized, Will Miss June Meeting
Bank of Japan's 74-year-old Governor Kazuo Ueda has been hospitalized for medical treatment and will miss the June 15 to 16 policy meeting, the central bank said on Wednesday. It is the first time for the governor, who chairs the BOJ's policy discussions, to miss a scheduled meeting since the central bank began deciding policy under the current arrangement in 1998.
The governor will submit a written statement on his view on policy but will not participate in next week's vote, the...
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Apr 30, 2026 / Andrew P. Napolitano
The Trump Surveillance State
The Fourth Amendment protects all persons from warrantless government searches and seizures of their persons, houses, papers and effects. It requires that warrants be supported by probable cause of crime and specifically describe the place to be searched and the persons or things to be seized. Last week, for the first time in the modern era, […]
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Jul 23, 2026 / Tyler Durden
Oil Soars As Trump Warns Iran Will Pay For Future Houthi Shipping Attacks, Rubio Rules Out Deal
Oil Soars As Trump Warns Iran Will Pay For Future Houthi Shipping Attacks, Rubio Rules Out Deal
US Secretary of State Marco Rubio said Thursday that Iran is "begging for a deal" and "they need to come to their senses," adding that Tehran will "pay a very heavy price for the things they are doing."
Speaking on the sidelines of the ASEAN conference in Manila, he claimed that "Iran is begging us, both directly and indirectly, ‘Let’s do a deal. Let’s talk.'" But there's no public indicators showing this, instead the...
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