"The Trend Is Now An Enemy": Kospi Slide Will Deepen As Momentum Flips Script

Trump Issues Letter Rejecting Congressional Oversight For War, Citing Ceasefire Has 'Terminated' Hostilities Summary Trump submits letter to Congress at 60-day mark: ceasefire 'terminated' hostilities & so doesn't need authorization, he argues. US Treasury goes after Hormuz payment fees, sanctioning  three Iranian foreign currency exchange houses. Bessent issues pressure points against Iranian 'rats'. White House officials argue the current absence of fighting between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Trump on Friday rejects Iran's latest revised proposal to...

Intel Shares Soar On Strong AI-Fueled Outlook, Surpassing August 2000 Peak Chipmaker Intel, which less than a year ago was trading like a distressed company, and required a capital infusion from the US government, and earlier today hit a 90x forward PE... ... soared after hours after giving a strong sales forecast for the current period, signaling that the recently struggling chipmaker is finally beginning to benefit from the giant build-out of artificial intelligence infrastructure. But before we get there, here is a quick look at what the company reported for...

The Russian military said on Tuesday that a Russian warship fired warning shots toward a British yacht in the English Channel, an incident that occurred two days after British Royal Marines boarded and seized an oil tanker that had departed Russia. According to Newsweek, the incident on Tuesday occurred about 20 miles south of the […]