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Futures Rise As Oil Prices Drop Ahead Of CPI Report
Futures Rise As Oil Prices Drop Ahead Of CPI Report
Futures are higher thanks to an overnight retreat in oil prices (which is unlikely to hold now that Houthi rebels effectively control the entire Red Sea) and bond yields which track oil tick for tick, but the tone could quickly shift with the week’s biggest catalyst, August CPI data, due before the cash open. As of 8:00am ET, S&P and Nasdaq futures gain 0.6% with Mag 7 stocks are mostly higher, led by AMZN (+0.6%) and META (+0.7%). In premarket trading, ORCL...
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Jun 1, 2026 / Tyler Durden
"Firing On All Cylinders, But..." US Manufacturing Surveys Send Mixed Signals In May
"Firing On All Cylinders, But..." US Manufacturing Surveys Send Mixed Signals In May
With US hard data taking a beating (relative to expectations) last week (red line below), analysts remain hopeful that US Manufacturing will hold up (durable goods orders were solid) with this morning's Manufacturing PMIs set to signal stability.
The final May S&P Global US Manufacturing rose to 55.1 (down from the 55.3 flash print) but the strongest since April 2022
ISM's Manufacturing PMI survey also signaled improvement, up from 52.7 to 54.0 (better than 53.0 expected).
"At first glance, the...
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May 29, 2026 / Tyler Durden
Ferrari Vs Tesla: $640K Luce EV Loses Key Speed And Range Battles To Model S Plaid
Ferrari Vs Tesla: $640K Luce EV Loses Key Speed And Range Battles To Model S Plaid
Authored by Aamir Khollam via Interesting Engineering,
Ferrari's upcoming electric grand tourer, the Luce, has already sparked intense debate online. Much of that attention centers on its unconventional styling. Yet beyond the design discussion, the numbers reveal an interesting comparison against one of the EV market's most established performance sedans: the Tesla Model S Plaid.
The matchup is far from equal in price or positioning. Ferrari plans to launch the Luce at roughly $640,000, while Tesla's...
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Aug 15, 2026 / Tyler Durden
Hawaii Braces For Direct Tropical Storm Hit On Big Island
Hawaii Braces For Direct Tropical Storm Hit On Big Island
Hawaii's Big Island is under a hurricane warning as Tropical Storm Lala is expected to make landfall on Saturday local time, according to the National Hurricane Center.
"This is a very serious storm," Hawaii Gov. Josh Green told reporters late Friday night. "We have not had a hurricane make landfall in quite some time. So none of us really have experienced this really in, you know, the last couple of decades."
Friday August 14, 2026, 10:10 PM: Lala is about to...
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