5 Days Later: Oracle Slides After Blowing Through Entire Four-Year "Hard Cap" In One Morning With $20BN Bond, Stock Offering

Erdogan Taunts Israel & Greece After Trump Hands Turkey F-35, Sanctions Win Turkish President Recep Tayyip Erdogan has responded to ongoing Israeli and Greek objections to the possible US sale of F-35 fighter jets to Turkey by mocking the Turkish enemies and rivals. Opposition to the potential stealth fighter transfer raised by Prime Minister Benjamin Netanyahu and Greece’s Kyriakos Mitsotakis "has no place in my world," Erdogan said in his characteristically bellicose manner. "Hopefully, when the F-35s are delivered to Turkey, the whole world will say America kept its promise," Erdogan said at...

When A Toll Isn't A Toll By Benjamin Picton, senior market strategist at Rabobank When A Toll Isn't A Toll Yields on 10-year Treasuries finished last week up 11bps to 4.48% while yields on 10-year Bunds rose 8.5bps to 2.93%. Those higher borrowing costs came despite signs of weakening in the US jobs market, a weaker-than-expected prices paid figure on the ISM manufacturing index, and a surprisingly weak Eurozone CPI inflation report that follows in the wake of lower than expected inflation readings in the UK. Market-based expectations of the future path of...

Breaking Down The $655 Million World Cup Prize Money The 2026 FIFA World Cup is awarding $655 million in performance prize money, making it the richest tournament in the competition’s history. Every stage of the tournament came with a larger financial reward, giving teams another incentive to advance as far as possible. Performance prize money has increased nearly 50% since 2022, when FIFA awarded $440 million. This Markets in a Minute graphic, created by Visual Capitalist's Julia Wnedling, in partnership with Terzo, breaks down how the $655 million performance prize pool is distributed across every stage of...