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Micron Rises After Strong Revenue Guidance Offsets Slight Margin Miss

Micron Rises After Strong Revenue Guidance Offsets Slight Margin Miss The highly anticipated Micron earnings (since memory is the one place in the sector in the market where all those massive new bond sales are funding) are finally out and they painted a solid, if slightly mixed, picture compared to buyside bogeys. As we said in our preview, what would matter today is not what the company did in Q4, but how it guided to Fiscal Q1 (ending next calendar quarter), and sure enough Q3 was solid across the board: Adjusted EPS...
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Aug 20, 2026 / Tyler Durden
Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History
Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History Bitcoin surpassed $70,000 for the first time in over two months, propelled by US Treasury Secretary Scott Bessent’s 'Operation Twist'-like move pushing US bond yields (and the dollar) lower followed by a high-stakes meeting President Trump held with crypto industry leaders. “When yields drop and the dollar weakens, risk assets tend to rally, and we’ve already seen Bitcoin move higher on the news,” said Jeff Mei, chief operating officer at BTSE. This morning, bitcoin has extended those gains, tagging $72,000... And Ethereum...
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Mar 25, 2026 / Tyler Durden
More Than 450 TSA Agents Have Quit During DHS Shutdown
More Than 450 TSA Agents Have Quit During DHS Shutdown Authored by Savannah Hulsey Pointer via The Epoch Times (emphasis ours), More than 450 Transportation Security Administration agents have quit since the start of the partial Department of Homeland Security (DHS) shutdown. Travelers wait in long security lines at George Bush Intercontinental Airport in Houston, Texas, on March 23, 2026. Ronaldo Schmidt/AFP via Getty Images The partial shutdown has been ongoing since March 15, when funding for the agency lapsed without additional funding in place.  Lauren Bis, acting assistant secretary for Public Affairs at...
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May 27, 2026 / Tyler Durden
Why Hasn't Oil Hit $150 (Yet)?
Why Hasn't Oil Hit $150 (Yet)? Authored by Robert Rapier via OilPrice.com, Global oil inventories and floating storage have acted as temporary shock absorbers against the Hormuz disruption. OPEC spare capacity has stabilized markets, but it cannot fully replace lost Persian Gulf exports indefinitely. Prolonged disruption could eventually exhaust market buffers and trigger a much sharper oil price surge. I think most energy analysts would have been shocked to learn that roughly three months into a total closure of the Strait of Hormuz, oil would be trading at just over $100 a barrel. I...
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