Beijing Wants Nvidia Out But China's AI Developers Aren't Ready

Stellar 10Y Auction Stops Through, With Highest Bid To Cover In A Decade On BIggest Yield Since 2007 After today's very disappointing buyback announcement, which at $6BN came in far below whisper expectations of $10BN, and which sent yields surging to 4.85%, many were on edge ahead of today's $39 billion sale of 10Y paper. In the end, it priced far stronger than expected, with today's selloff providing a sufficient concession to stir up enough demand to avoid a fullblown bond market panic.  The 9 Year/11 month reopening of cusip ER0...

President Trump said in a post on Truth Social on Tuesday that other countries that are reliant on energy shipments through the Strait of Hormuz should get involved militarily and “take it” from Iran, as the Iranian military continues to control the strategic waterway. “All of those countries that can’t get jet fuel because of the Strait […]

Iran Threatens South Korean Assets If Seoul Joins Hormuz Mission Via Middle East Eye Iranian academic Mohammad Marandi has warned that Tehran would consider South Korea an enemy and could strike its economic and military interests across the Persian Gulf if Seoul joins the US-led war on Iran. Speaking on Al Mayadeen’s The Grand Standoff, Marandi said South Korea’s involvement in efforts to secure freedom of navigation through the Strait of Hormuz would expose its interests in the region to Iranian retaliation. US Army AH-64 Apache helicopters at Camp Humphreys in Pyeongtaek, South Korea, 21 August 2026...