As Israel Continues To Pound Southern Lebanon, UN Warns of Impact on Agriculture

UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends In a continuation of our note on the health of America's restaurant industry, we cite UBS analyst Dennis Geiger for a second straight week, as his coverage of the consumer and restaurant sectors has been spot on. Sentiment toward chain eateries remains "generally cautious," with macro pressures, elevated gas prices, and weak demand among lower-income consumers continuing to weigh on traffic and sales trends. Last week, Geiger warned, "Challenged traffic and sales trends likely reflect depressed consumer sentiment across several cohorts,...

Anthropic's S-1 Is Out: A $974 Million Operating Profit, An $800 Billion Compute Bill, And Elon Musk As Landlord After three leaks, two "updated drafts" and one closed-door investor day, the real thing is finally here. At precisely 9:00:11am ET, Anthropic PBC publicly filed its S-1 with the SEC, applying to list its Class A shares on the Nasdaq Global Select Market under the ticker "ANT", with Goldman Sachs and Morgan Stanley leading a syndicate of no fewer than 22 banks. The price range and share count are, of course, still...

President Donald Trump said he would order another round of attacks on Iran.  On Sunday, the US bombed an Iranian military site on Larak Island. Washington claimed that the IRGC was preparing to fire a rocket to mine the Strait of Hormuz. Tehran responded by targeting an American military base in Jordan.  On Monday, Trump […]