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Futures On Edge As Sliding Chips Spark Another Korea Crash, Payrolls On Deck
Futures On Edge As Sliding Chips Spark Another Korea Crash, Payrolls On Deck
US equity futures have reversed all overnight losses which were driven by the latest crash in South Korean stocks, which plunged 8% and closed at LOD, driven by a plunge in memory stocks. Still, the Nasdaq is still lower with tech stocks depressed on news that Sam Altman's OpenAI is seeking to offer a 5% stake to Trump in what is clearly an attempt to incentivize the government to backstop the company whose revenues are clearly below...
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May 27, 2026 / Tyler Durden
The Islamic Terrorist Conquest Of West Africa
The Islamic Terrorist Conquest Of West Africa
Authored by Lawrence Franklin via The Gatestone Institute,
The widened scope and quickened pace of the Islamic State's military operations in the Sahel region -- just below North Africa, roughly from Senegal to Sudan -- threatens to alter the strategic orientation of the African continent. Efforts at countering terrorist operations in the Sahel, such as they were, have evidently failed. As all roads to Mali's capital of Bamoko are now blocked, that country might be the first state to "go under."
On April 25, during a...
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Jul 1, 2026 / Tyler Durden
Elon's Next Move: Your Money
Elon's Next Move: Your Money
Authored by Adam Sharp via DailyReckoning.com,
For years, Elon Musk has dreamed of turning X (formerly Twitter) into the “everything app”.
Now that X is part of SpaceX (SPCX), and the combined company just raised $112 billion, the time looks ripe.
Elon envisions X as a single place where you can bank, chat, earn, advertise, use AI, shop, and more.
X Money is a key part of that vision. And we just got the first idea of what it will look like.
The program just launched to a small group...
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May 21, 2026 / Tyler Durden
Ayatollah Orders Highly-Enriched Uranium To Remain In Iran, Stymying Trump's Basis For Deal
Ayatollah Orders Highly-Enriched Uranium To Remain In Iran, Stymying Trump's Basis For Deal
The illusion of a grand diplomatic breakthrough in the Middle East is once again colliding with reality. The White House has been busy trying to paint a picture of a total capitulation by Tehran, which hasn't been demonstrated given its consistent position defying Washington's demands on the nuclear issue.
According to two senior Iranian officials speaking to Reuters, Iranian Supreme Leader Mojtaba Khamenei has drawn a hard line in the sand, ordering that Iran's stockpile of uranium enriched...
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