US Futures, Global Stocks Surge, Oil Tumbles On Iran Deal Global markets soared in a risk-on rally following the announcement of a US-Iran deal Sunday night. Stocks and bonds rallied while oil tumbled to a three-month low after the US and Iran said they have reached an interim agreement to reopen the Strait of Hormuz and halt the war. This will provide a 60-day window for negotiation. As of 8:00am ET, Nasdaq 100 futures advanced […]

Fox Buys Roku In $22 Billion Deal To Build “Next-Gen Media” Giant Fox agreed to acquire Roku for $160 per share in a cash-and-stock deal, valuing Roku at around $22 billion. The deal marks a major push by Fox into connected TV, streaming advertising, and direct-to-consumer distribution. On Friday, Roku shares jumped 20% to a four-year high on Bloomberg news that the company was in talks to be acquired by an unnamed media company. […]

The Bond Market Already Looked Through The Inflation Headlines Authored by Lance Roberts via RealInvestmentAdvice.com, 💰 May Inflation of 4.2%: Media Narrative Misses Reality The May inflation print landed on Wednesday, and the doom crowd pounced. Headline CPI reaccelerated to 4.2% year over year, the hottest reading since April 2023, and the “inflation is back” choir was in full voice within the hour. I want to push […]

Anthropic Races To Defuse Trump’s Fable 5 U.S. Export Curbs While Jefferies Sees New Headwind For China AI Anthropic’s Fable/Mythos 5 ranks number one in the world for model intelligence, widening the US-China gap. The gap may widen further because of “anti-distillation” features, and the models are now under US export control, which has shuttered access to the advanced models. LLM model matrix pic.twitter.com/d64OIhoYDH — […]

Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening The U.S. and Iran reached an interim agreement to reopen the Strait of Hormuz on Sunday evening, just 30 minutes before New York futures opened, with officials from both countries set to meet in Switzerland on Friday to formally sign the peace deal. According to Iranian outlet Fars, the U.S.-Iran deal reportedly includes a 60-day toll-free window for […]

Anduril CEO Urges U.S. Arms Export Reset To Become World’s Gun Store Anduril founder Palmer Luckey has called for critical resets across defense procurement, manufacturing, innovation, and national identity. Luckey’s defense startup, valued at over $60 billion, is one of the key forces reshaping America’s military power through low-cost, automated systems that can be manufactured and reproduced at scale, from autonomous weapons and […]

Trump Says Hormuz To Reopen Friday After Signing Of “Great Peace Deal” With Iran Summary Trump Says Hormuz Chokepoint Reopens Friday Pakistan PM Confirms Peace Deal, with a signing event in Switzerland next Friday Trump Confirms US-Iran Peace Deal “Now Complete” and says “Let The Oil Flow”  Iran’s president issues pro-MoU signing statement as Tehran is boasting of great and solid results for its side. There are […]

Watch: Korean Humanoid Robot Performs Viral K-POP Dance, Learns By Watching Videos Authored by Jijo Malayil via Interesting Engineering, While China dominates humanoid robotics headlines, a Korean firm showcased a humanoid learning complex motions through an open-source AI framework. AI Sapiens enables a complete pipeline for imitation learning, covering data collection, training, and inference. ROBOTIS/YouTube In a recent […]

Pump Pain Relief? Gas Above $4 May End Soon As U.S.-Iran Peace Deal Sends Oil Lower The national average for U.S. gasoline prices has hovered above the politically sensitive $4-per-gallon level for 76 days, or roughly 2.5 months, as the Gulf energy shock tightened physical markets and forced emergency SPR draws. But with President Trump declaring late Sunday, just 30 minutes before NY futures opened, that a US-Iran peace deal has […]

Exposed: UK Govt Has A ‘Thought Police’ Unit To Control Mass Migration Narratives Authored by Steve Watson via Modernity, A secretive Home Office propaganda outfit founded by a former MI6 officer is actively working to control narratives around incidents involving migrants and rising tensions, a bombshell report reveals. The Research, Information and Communications Unit, or RICU, has been exposed advising police on how to […]

EU Auto Giants Call For ‘Made In Europe’ Incentives Amid Rising Chinese Competition Europe’s largest automakers are stepping up efforts to secure stronger support for domestic vehicle manufacturing as competition from Chinese electric vehicle producers intensifies. Renault, Volkswagen, and Stellantis have jointly urged EU policymakers to introduce rules that more heavily reward cars developed and produced within Europe, according to […]

Starmer To Ban Under-16s From 10 Social Media Apps, Including X, But Not Bluesky Authored by Toby Young via DailySceptic.org, Sir Keir Starmer is set to announce sweeping reforms tomorrow banning under-16s from 10 major social media platforms, including X, but not the Left-wing platform Bluesky. In addition, he will introduce daily curfews for 16 and 17 year-olds, going further than Australia’s restrictions. The Times has […]

‘Manufactured Story’: Hegseth Goes Off In CBS Interview On Crisis Of US Arms Stockpiles Pentagon chief Pete Hegseth joined CBS’s Margaret Brennan on Sunday for an interview which quickly degenerated into a tense, finger-pointing segment over billions poured into the military-industrial complex, as well as foreign coffers, amid multiple global hotspots and a couple major war fronts – most notably Ukraine and the Middle East. Brennan […]

Major U-Turn: Swedish Parliament Abolishes Permanent Residence Visas For Migrants Via Remix News, The Swedish Parliament has officially passed a government bill to end permanent residence permits, which will offer a vastly stricter approach to the country’s immigration policy. Under the new legislation, the government “eliminates the possibility of granting permanent residence permits to asylum seekers” and other immigrant […]

Why Does America Have A ‘Diversity Visa’? Authored by White Papers Policy Institute and James Fulford via American Greatness, The Diversity Lottery means you can receive immigrants from almost any of these countries on the watch list for human trafficking for the sole reason that “diversity is our greatest strength.” Lucky you! The Immigration Act of 1965 abolished the National Origins quotas of the 1924 Act, which had […]

SpaceX IPO Lifts Off As Data Center Race Moves From Ashburn To Abilene To Space SpaceX surged 19% on Friday in its Nasdaq debut following the world’s largest IPO, closing near $161 after opening at $150 and valuing the company north of $2 trillion. J.P. Morgan + SpaceX= Largest IPO Congratulations to the @spaceX team on this milestone, we were proud to serve as a lead bookrunner on the transaction. pic.twitter.com/axxob266QP — […]

Exxon Weighs Woodside Deal As LNG Becomes Strategic Priority Exxon Mobil is assessing a range of options to expand its global gas business, with Woodside Energy reportedly among the companies being reviewed as potential acquisition candidates, according to Bloomberg. No formal approach has been made, and internal evaluations remain preliminary. Both companies have declined to comment. Bloomberg writes that Woodside offers several […]

The Inflation Sh*t Is Hitting The Fan Submitted by QTR’s Fringe Finance This week was proof that the inflation story that markets desperately want to go away refuses to cooperate. It also adds to the case that new Fed chair Kevin Warsh could have his hands tied — and may ultimately need to redefine inflation to untie them. This week the Bureau of Labor Statistics reported another really ugly wholesale inflation print, […]

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 […]

Waste Of The Day: Disaster In Small NM Village Authored by Jeremy Portnoy via RealClearWire, Topline: The Village of Cuba, New Mexico, has had “a sustained and indefensible breakdown in accountability over public funds” since at least 2020, according to a state audit released in May. The report identified dozens of issues, including a public official with $11,471 in unpaid water bills and another who used public funds to buy a […]

Fear Of The Signal: Why The State Urgently Wants To Bind Prediction Markets Authored by Angelo Monaco via The Mises Institute, A predictive market like Polymarket or Kalshi is a financial exchange where people buy and sell contracts based on the outcome of real-world events. The price of a contract fluctuates between one cent and 99 cents based on supply and demand, directly reflecting the crowd’s collective probability estimate […]

Anthropic Rushes Staff To D.C. After A National-Security Order Yanked Fable In Three Days Senior Anthropic technical staff have been dispatched to Washington DC, after a Friday night government demand to implement sweeping export controls resulted in the company yanking its two most capable models Friday night after only a few days of public release – Mythos and Fable (Fable being Mythos with guardrails) – over the alleged ability […]

Steven Spielberg Believes That Disclosure Day Will Greatly Shake The Faith Of Christians All Over The Globe Authored by Michael Snyder via TheMostImportantNews.com, Would undeniable evidence of alien life cause large numbers of people to abandon what they believe about God? Disclosure Day comes out in theaters this weekend, and that appears to be one of the biggest questions that this film is driving at. Much of the global […]

“Greatest Show On Earth”: White House Hosts UFC Freedom 250 Fights America’s semiquincentennial birthday celebration kicks into gear today with the Ultimate Fighting Championship’s (UFC) Freedom 250 fights, with seven matches scheduled for the South Lawn of the White House. “This will be the greatest show on earth,” President Donald Trump said while previewing the stage in May. “I think it’s going to be the biggest […]

Ethereum Can Quantum-Proof Accounts For Just 7 Cents, Says Foundation’s Kohaku Project Lead Authored by Zoltan Verdai via CoinTelegraph.com, Ethereum could begin adding post-quantum protections to accounts for as little as $0.07, without waiting for a hard fork, according to the Ethereum Foundation’s Kohaku project lead Nicolas Consigny. In a Saturday X post, Consigny shared a paper proposing a cheaper way for Ethereum users […]