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The U.S. is leading the world, the AI and data center boom cannot be stopped, and the boom will persist for at least the next three years.
Shares of Elon Musk’s rocket-to-AI company have erased all of their post-initial public offering gains.
The hard drive maker has agreed to a $175 million payout to resolve a shareholder lawsuit over undisclosed sales to blacklisted Chinese tech firm Huawei.
SpaceX said in a regulatory filing last week that it will purchase AI coding agent startup Cursor for $60 billion.
Crude oil dropped below $75 per barrel on June 18, helping ease fears of rising inflation.
It could take 90 days to clear mines and get stranded tankers to transit the Strait, and nine months for Gulf States to restore production to Feb. 27 capacity.
Kevin Warsh ‘is going to force market participants to reprice both rates and how they read the Fed entirely,’ one market strategist said.
The broader cryptocurrency market is struggling despite U.S. stocks at record highs.
Warsh’s first job is to build a consensus on the FOMC, so it may take Warsh some time to reel in many FOMC members who like to chat with the media.
Analysts say that Middle Eastern oil production may recover slowly even if the Iran peace agreement endures.
Private credit firms continue to face flood of redemption requests.
Most oil and gas shipments through the Strait of Hormuz could resume by the end of the third quarter of 2026, analysts say.
The threat revives long-running U.S. opposition to France’s digital tax, which Washington says unfairly targets American companies.
The Federal Reserve will hold its first policy meeting under new Chair Kevin Warsh next week.
