MSFT Spikes After Leaving CapEx Outlook Unchanged

Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005 While PCE showed some signs of higher energy prices leaking into inflation prints, it was still February data. As we previewed, today's CPI data is for March and will bear the full brunt of the Iran War's impact on energy costs after Core CPI fell to its lowest in four years in February. The headline CPI soared 0.9% MoM (as expected) and while it was a big MoM jump, Consumer Prices rose 3.3% YoY (up from +2.4%...

A group of senators on Tuesday unveiled a sweeping Russia sanctions bill and urged its passing to “honor” Senator Lindsey Graham, who died over the weekend after a visit to Ukraine, where he announced that the White House and Congress reached an agreement to advance the legislation. “It is truly a tribute to Senator Graham […]

Lawfare? Royal Caribbean Sinks After Mexican President Orders Review Of Resort Project Shares of Royal Caribbean Group slid to session lows around midday after Mexican President Claudia Sheinbaum said her environment minister would review the cruise operator's proposed water park project in Quintana Roo, injecting new regulatory risk into the company's expansion plans. President Sheinbaum was speaking at a regular press conference Monday morning, where she addressed a range of topics, from drug traffickers and President Trump to Royal Caribbean. Sheinbaum said that SEMARNAT México, Mexico's federal environment ministry - formally the...