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Here Is What America's Largest Banks Reported In Their Q2 Earnings Reports
Here Is What America's Largest Banks Reported In Their Q2 Earnings Reports
In terms of perceived report quality relative to positioning, the ranking appears to be Goldman Sachs first, followed by Bank of America (pending guidance), then Wells Fargo, and finally JPMorgan. The broader theme across the group was fairly consistent: NII was generally underwhelming, fee income was strong as expected, capital markets results were very strong, and there was a clear halo effect from the strong deal calendar (SpaceX IPO most notably) that benefited equities trading. At the same...
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Sep 19, 2026 / Tyler Durden
Houthi Ballistic Missiles Hit Fuel Tanks Near Riyadh Airport In War First
Houthi Ballistic Missiles Hit Fuel Tanks Near Riyadh Airport In War First
In a historic first of the Yemen conflict, Houthi ballistic missiles rained down on the Saudi capital of Riyadh overnight, triggering rare air raid alerts and a general state of panic among the citizenry.
The international airport may have been targeted, given huge black smoke plumes were seen rising above city’s King Khalid international airport. There looks to have been a significant ground impact just near the major aviation hub.
Source: Reuters
The Guardian reports, "Explosions were heard in the capital as...
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Mar 26, 2026 / Tyler Durden
Iran Earning $139 Million A Day From Oil As Hormuz Crisis Locks Out Rivals
Iran Earning $139 Million A Day From Oil As Hormuz Crisis Locks Out Rivals
By Charles Kennedy of OilPrice
Iran’s oil exports have not collapsed and are fetching much higher prices than before the war, handing Tehran handsome extra revenues from its crude, which is the only one unimpeded from transiting the Strait of Hormuz.
Unlike all other Gulf producers, Iran is passing its oil through the Strait of Hormuz and its export volumes remain resilient. Steady volumes and higher prices have been bringing millions of dollars of additional oil revenues for...
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Sep 23, 2026 / Kyle Anzalone
Republicans Pressure White House to Release $15 Billion in Arms and Military Aid to Taiwan
Four Republican Senators penned a letter calling on the White House to approve massive weapons sales to Taiwan. According to sources speaking with Reuters, US arms sales to Taiwan will top Chinese President Xi Jinping’s agenda when he meets with President Donald Trump later this week. Senators Mitch McConnell, John Cornyn, Lisa Murkowski, and Thom […]
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