Brent Selloff Deepens After Worst Week Since COVID; US Gas Prices Poised To Break Below $4

Futures Slide After Broadcom Forecast Miss Chills Tech Euphoria US equity futures are weaker, dragged lower by Tech after a disappointing outlook from Broadcom triggered doubts that the blistering rally in technology shares had gone too far, a move exacerbated by euphoric positioning. As of 8:00am ET, S&P futures dropped 0.4%, while Nasdaq futures slumped 1.2%. Broadcom, which added around $150 billion in market value just this week, slumped 13% in US premarket trading after its forecast for artificial-intelligence semiconductor revenue in the current quarter fell short of expectations. CrowdStrike shares also drop 10% after...

Iran Blowback: At Least 22 Killed Trying To Storm US Consulate In Pakistan Mass anti-American protests have broken out in areas of the Middle East especially with large Shia Muslim populations. This is happening in parts of Pakistan, but also across Iraq - given the majority of Iraq is Shia, and shares deep sympathies with the Iranian religious establishment. The blowback to the Trump-ordered attacks on Iran has begun, especially in Pakistan, where at least 22 were killed after rioters tried to storm the US consulate in the Pakistani city of Karachi.  Outside the US...

Republicans Face Losing Senate Seat They've Held for 107 Years, And It All Comes Down To One Thing Republicans are confronting an increasingly concerning political situation in Kansas, where a Senate seat the party has held for more than a century has become unexpectedly competitive. Republican Sen. Roger Marshall and Democratic nominee Adam Hamilton debated in Kansas City, discussing the Iran war, fuel prices, and campaign attack ads as Election Day approaches. SOURCE: Associated PressSen. Roger Marshall (R-KS) is facing Democrat Adam Hamilton in a reelection contest that recent polling suggests is...