Article
Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump
Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump
While US cash markets are closed for the July 4th holiday, stocks around the world rebounded from yesterday's momentum rout as the latest round of jitters about the AI trade subsided, with Europe’s benchmark rising to an all-time high. S&P futures rose 0.3% and Nasdaq 100 futures rebounded 1.2% in thin holiday trading after South Korean memory giants SK Hynix and Samsung Electronics recovered, helping to drive a 2% rally in Asian shares after earlier tumbling with SK Hynix plunging as much as 30% from its all...
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Apr 3, 2026 / Kyle Anzalone
Trump Says ‘New’ Iranian President Requested Ceasefire, Tehran Denies Claim
President Donald Trump said that the “new” President of Iran had accepted a ceasefire with the US. Tehran quickly denied Trump’s statement. “Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE!” the President posted on his Trump Social account on […]
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Jul 31, 2026 / Tyler Durden
Entire Russian City Enveloped In Smoke & Darkness After Major Refinery Attacked
Entire Russian City Enveloped In Smoke & Darkness After Major Refinery Attacked
The major Russian industrial city of Volgograd, in the country's southwest, is being engulfed in smoke and darkness on Friday after a wave of Ukrainian drone attacks scored several hits on key sites.
A sprawling energy facility, as well as warehouse belonging to the online retailer Wildberries, went up in flames, resulting in several injuries. During the attack a residential area was also struck, resulting in the death of a woman in her destroyed home.
Sky darkens over smoke-engulfed city...
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Jul 14, 2026 / Tyler Durden
Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case'
Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case'
Summary:
Wall Street Desks Stunned
IBM Shares Crash Most On Record, Exceeding Dot Com & 1987 Crashes
CEO Arvind Krishna Blamed Preliminary 2Q Results on "Shifting" Customer CapEx Spending
IBM's surprise second-quarter warning blindsided traders Tuesday morning, raising new concerns that enterprise technology budgets are being redirected toward AI infrastructure at the expense of traditional software and IT services.
Shares plunged 24% in the first 20 minutes of New York trading. Should those losses hold through the...
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