Senate Passes The Lindsey O. Graham Sanctioning Russia & Iran Act Of 2026

Futures Rise As Dip Buyers Rush Back Into Chips After Worst Nasdaq Week Since Liberation Day US futures are higher - but well off session highs hit before the European open - as dip buyers storm back into chipmakers after the Nasdaq's worst week since the April 2025 tariff turmoil, while oil slides after President Trump waived Russian sanctions to seal a diesel deal and Energy Secretary Chris Wright said Persian Gulf flows have recovered to about 80% of pre-conflict levels; as a result Nasdaq futures are up more than...

Ferrari's Hybrid Hangover: Collectors Stampede Into Legacy V8s And V12s Exotic-car collectors continue to shun hybrid Ferraris (Read May's sportscar report) in favor of legacy V8 and V12 petrol-powered models, pushing used-car values sharply higher. One possible driver is concern over long-term ownership costs: hybrid and fully electric supercars combine complex electronics, high-voltage battery packs, and sophisticated thermal-management systems, creating the risk of astronomical repair bills as these vehicles age. Goldman Sachs analyst Christian Frenes, the bank's equity analyst covering European automakers including Ferrari, Mercedes-Benz, BMW, Volkswagen, Stellantis, Renault, Aston Martin, and Porsche...