Iraq Says No Evidence Drone Attack on Saudi Oil Infrastructure Was Launched from Its Territory

Citadel Soars 6% In July Thanks To Situational Awareness Firesale Liquidation Some have speculated that one of the most proximal catalysts behind the collapse of Leopold Aschenbrenner's $45 billion and epically misnamed Situational Awareness hedge fund, besides his use of batshit insane Total Return Swap leverage that would make an average Korean momentum-chasing degen blush with envy, was Citadel's vocal warning early last week that the Fed would/should hike rates, a contrarian appeal which, while not taken seriously by any Fed watcher, may have spooked markets to the necessary and...

Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism US equity futures are higher and just shy of a new record, with technology names leading futures higher ahead of April jobs report, after Trump’s assertion that the Iran ceasefire is still holding despite an exchange of weapons between the US and Iran overnight, and a deep weekly loss for oil help futures regain positive momentum. Markets are higher ahead of NFP data later this morning following yesterday’s very ‘unwindy’ session (High Beta Momo -7.96%, Software vs Semis +5.83%, Power...

NOAA OKs First Deep-Sea Mining Plan For Critical Minerals In Pacific Ocean Authored by Jill McLaughlin via The Epoch Times, The Trump administration approved on May 1 its first deep-sea critical minerals exploration application, submitted by North Carolina-based deep-sea mining explorer The Metals Company USA (TMC). The company expects to find millions of tons of nickel, copper, cobalt, and manganese on the sea floor needed in the United States for electric vehicle batteries, infrastructure, and national defense systems. TMC applied for the 10-year license last year after President Donald Trump ordered the National...