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State Department Approves Massive $24 Billion F-35 Sale to Saudi Arabia
The State Department approved a $24.3 billion sale of F-35s to Saudi Arabia. The announcement comes as the Gulf kingdom is requesting military assistance from its allies as it fights a war against Ansar Allah in Yemen. The sale includes 48 F-35s and 49 engines (48 equipped with one spare), cryptographic equipment, electronic warfare support, training and […]
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Futures Hit Record High As Oil Tumbles After Bessent Says Hormuz May "Reopen Tomorrow"
Futures Hit Record High As Oil Tumbles After Bessent Says Hormuz May "Reopen Tomorrow"
S&P futures are trading at all time high with the latest push higher triggered by comments from Scott Bessent on CNBC who echoed Trump in saying that "we may have Iran deal tomorrow to open Hormuz" (or we may not). The Nasdaq also looks set to extend Monday’s gains: As of 8:00am ET, S&P futures are up 0.4% to an all time high of 7655 and Nasdaq futures rise 1.1%, as Palantir soared 16% pre-market after upping...
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