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SpaceX "Looks Unusually Cheap" On The Forward: Morgan Stanley
SpaceX "Looks Unusually Cheap" On The Forward: Morgan Stanley
SpaceX shares rose more than 5% in mid-morning trading in New York, breaking above the trading range that had contained the stock since mid-August. Shares climbed past the $160 level to $167.
Morgan Stanley analyst Adam Jonas wrote that SpaceX shares at these levels offer an inexpensive way to gain exposure to the space and artificial intelligence economy when adjusted for projected earnings growth.
"We expect developments over the next few months will help investors better appreciate the role of SPCX in addressing...
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Mar 17, 2026 / Jason Ditz
Report: US Presses Syria to Invade Lebanon to Fight Hezbollah
The US-Israeli war against Iran is already expanding into Lebanon with an Israeli ground invasion of southern Lebanon, but Reuters is now reporting that the Trump Administration is keen to drag Syria into the conflict as well, encouraging its Islamist government to invade Lebanon and fight Hezbollah. Citing multiple Syrian officials familiar with the situation, […]
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May 1, 2026 / Tyler Durden
Russia Now Main Supplier Of Oil To Post-Assad Syria, Despite Pivot To West
Russia Now Main Supplier Of Oil To Post-Assad Syria, Despite Pivot To West
Via The Cradle
Russia has become Syria's leading supplier of oil since the collapse of former Syrian president Bashar al-Assad’s government and the rise to power of former Al-Qaeda chief Ahmad al-Sharaa, according to Reuters.
Shipments of Russian oil have risen by 75 percent this year to roughly 60,000 barrels per day (bpd), based on Reuters calculations using official data and vessel tracking from LSEG, MarineTraffic, and Shipnext.
Getty Images
While these volumes account for only a small fraction of Russia’s total global oil...
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Sep 17, 2026 / Tyler Durden
We Are Not In A Recession... So Why Are We Borrowing Like It?
We Are Not In A Recession... So Why Are We Borrowing Like It?
Authored by Ken Buck via The Epoch Times,
Despite a lot of talk about fiscal responsibility, lawmakers in Washington are continuing to run up the tab on America's already maxed-out credit card.
The U.S. annual deficit - the difference between the revenue that the federal government collects and what it spends each year - reached $1.8 trillion through the first 10 months of the current fiscal year. With two months still left to go, this year's deficit will exceed...
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