US Intel Says Saudi Arabia Has Not Ruled Out Developing Nuclear Weapons

Rare Wartime Protests Across Ukraine As Zelensky Moves To Oust Defense Chief Rare wartime protests have broken out in Ukraine in the wake of President Zelensky sacking his popular Defense Minister Mykhailo Fedorov - which is reportedly in process but not finalized yet. The 35-year old defense chief was only six months into his tenure, and is widely hailed as a reformist innovator who has turned the tide of war, having overseen a strategy of punishing wave after wave of devastating drones on Russian energy infrastructure. via Associated Press The NY Times on Thursday...

HSBC Warns Of Commodity "Super-Squeeze" As Goldman Hikes Copper Forecasts Copper is inching closer to its mid-May all-time high of $14,153 a ton on the London Metal Exchange, trading around $13,832 on Tuesday morning, as Goldman raised its year-end price targets and HSBC warned that commodities face a "super-squeeze" with the Hormuz maritime chokepoint still largely shuttered in early June. Let's begin with HSBC analysts, who wrote in a note to clients that "metal prices are generally in an upswing, driven by supply disruptions for some commodities due to the Middle...

China's Unitree Robotics IPO 5,526 Times Oversubscribed By Retail Investors Unitree Robotics' initial public offering was heavily oversubscribed (5,526 times) by retail investors as China's first publicly traded humanoid robotics company prepares to enter the public markets. The IPO will help usher in physical AI to the equity market. The Hangzhou-based humanoid robot maker raised about 6.1 billion yuan, or $904 million, after selling 40.4 million shares at 150.8 yuan each, according to Bloomberg. The offering values Unitree at roughly 61 billion yuan, or $9 billion, ahead of its expected STAR Market debut...