Watch For These Credit Signals In This Week's Big Bank Earnings

Futures Slide After Another Korea Rout, TSMA Results Revive AI Fears Futures are lower, erasing much of yesterday's gain with both Nasdaq and Rusell lagging SPX, following a continued rollercoaster in Korea where stocks tumbled after the BOK hired rates for the first time in 3 years. As of 8:15am ET, S&P futures dropped 0.3%, while Nasdaq 100 contracts dropped 0.8%. In premarket trading, semis are weaker again while Mag7 is stronger (AMZN, GOOG, META, and MSFT all up are least 1.2%) with the market having "a defensive tilt as...

Saylor Outlines 'Bill Of Digital Rights' To Help Build Prosperity In Future Economy Authored by Michael Millard via Cointelegraph, Michael Saylor, co-founder of Strategy, said that an age of digital assets and intelligence needs a "bill of digital rights," rather than restrictions. An age of AI can increase production, but it needs better money and capital markets to realize its potential, according to an essay that Saylor, executive chairman of world's largest corporate Bitcoin holder, posted on X Saturday. A useful framework for digital assets should establish five fundamental rights, or freedoms, Saylor...

Russia Ferries 175 Russian Nuclear Scientists Out Of Iran Via Land Border With Armenia Russia has announced that it has successfully evacuated a last main group of Russian workers from Iran's Bushehr Nuclear Power Plant (NPP), which has been hit several times by US-Israeli strikes throughout the over one-month long war. A group of 175 Russian employees of Rosatom Atomic Energy Corporation were evacuated via land route through northern Iran, before taking a flight out of the Armenian capital of Yerevan to Moscow. Anadolu Agency According to TASS, "Earlier, Alexey Likhachev, director general of...