Core Durable Goods Orders Soar Most In 4 Years

Aaaand It's Gone... PE Shop Thoma Bravo Writes Off Over $5BN From 2021 SaaS Firm Acquisition Not a great night for SaaS... Given the eight straight days of gains for Software stocks, one could argue that the death of code-base companies was greatly exaggerated (cough -dead-cat bounce - cough), but not every boat is being lifted by this massive short-squeeze rebound JPMorgan Trader Brian Heavey said earlier that it "seems we are moving from 'SAAS is dead' to 'maybe they can co-exist'", but it appears one software firm is indeed 'no more'. In...

Oil Spikes As Trump Vows To Hit Iran "Extremely Hard Over Next 2-3 Weeks", Threatens To Send It "Back To The Stone Ages" Summary Trump declares 'core strategic objectives met', threatens 2-3 more weeks of bombing, no mention of ceasefire Iranian President Masoud Pezeshkian has released an open letter to the American people, questioning whether Washington is truly putting “America First” or merely acting as a “proxy for Israel” willing to fight “to the last American soldier.” Air defenses have been activated in Dubai, taking out 5 ballistic missiles and 35 drones launched from Iran Iran's...

Leon Black Sues Congress To Avoid Epstein Testimony Between 2012 and 2017 - after Jeffrey Epstein got out of prison - billionaire Leon Black paid him roughly $170 million. Black has not provided a credible explanation as to why he paid Epstein amounts vastly exceeding those paid to other professional advisors - and instead of sitting down to explain it to Congress on Thursday, he sued the House Oversight Committee.  Recall, Black: Paid Epstein $158 million per Dechert, the law firm Apollo hired, or $170 million per Sen. Ron Wyden's investigation. Stepped down as Apollo CEO in 2021...