Trump Threatens To Carry Out Biggest Attack Yet on Iran

Ferrari Shares Plunge After Analyst Slams New EV As "Mix Between Honda And Tesla" Ferrari shares fell in Milan on Tuesday after the Italian supercar maker unveiled its first EV sports car, disappointing Wall Street analysts who criticized the design, with one calling it a "mix between a Honda Accord EV and Tesla." The four-door, five-seat Ferrari Luce, priced at a staggering 550,000 euros, marks the supercar maker's first fully electric vehicle and serves as its biggest test yet: can Ferrari's nearly eight-decade brand equity survive the transition away from...

At Last Minute, SEC Suddenly Delays Plan To Allow Crypto Versions Of US Stocks Authored by Micah Zimmerman via Bitcoin Magazine, The Securities and Exchange Commission has pumped the brakes on its highly anticipated “innovation exemption” for tokenized stocks, pushing back the release of the framework as it weighs input from traditional stock exchanges and other market participants wary of the plan’s sweeping implications, according to Bloomberg reporting. The SEC, under Chair Paul Atkins, was preparing to release the so-called innovation exemption as soon as this week. The framework would create a new regulatory pathway allowing...

2026 Rate-Hike Expectations Plummet After Cooler-Than-Expected PPI Following yesterday's cooling (in-line) consumer price inflation data (driven in large part by energy deflation), US producer prices were expected to rebound modestly in July from a 0.3% MoM decline (headline) in June. Instead, headline Producer Prices were unchanged MoM (cooler than expected), pushing the annual change down from +5.5% to +4.7% YoY... Source: Bloomberg Core PPI (Ex Food and Energy) also printed cooler than expected (+0.2% MoM vs +0.3% MoM), dragging Core PPI YoY down to +4.2%... Final demand services: Prices for final demand services...