Market News
MARKET NEWSThe Pentagon Wants $80 Billion After the Iran War. Lawmakers Aren't Sold.
The bill for the US war with Iran is landing on a Capitol Hill that is skeptical of the war, uneasy about the spending, and not sure the number is even right.
MARKET NEWSTreasury Yields Are Climbing as Rate-Hike Odds Rise. Thursday's Inflation Data Could Test the Case.
The Federal Reserve turned hawkish at its June meeting. Now three forces are pulling in different directions β and this week's inflation report is the first real test of which one wins.
MARKET NEWSTrump Says Apple Will Build Its Chips With Intel in America. Intel Soars 9%.
Early reads on domestic semiconductor partnerships are reshaping tech trading desks. As Intel rockets to historic highs, the true market narrative hinges on whether a presidential social media announcement translates to an executed manufacturing contract.
MARKET NEWSIt's Signed: Trump Inks the Iran Deal, and Oil Keeps Falling.
Early reads on the U.S.-Iran peace framework are reshaping energy desks. As crude slips, the true market narrative hinges on an incredibly fragile 60-day diplomatic buffer.
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MARKET NEWSThe Boring Turnaround: How a Left-for-Dead Grocery Distributor Doubled Its Profits
Discover how margin expansion, debt reduction, and rising earnings are driving the grocery distributor's comeback despite slowing sales and broader economic uncertainty.
MARKET NEWSThe US Is Secretly Moving Gulf Oil Using Iran's Own Smuggling Playbook
US military directs covert ship-to-ship transfers. Navy bypasses the high-stakes Strait of Hormuz war zone using stealth tactics. Markets price in a temporary energy supply band-aid, but retaliation risks persist.
MARKET NEWSThe Worst Week to Make a Fed Bet: Why Juneteenth Turns Wednesday's Decision Into a Minefield
The rate decision lands tomorrow. Markets close Friday. One trading day sits between them β and that's exactly when things get dangerous.
MARKET NEWSTrump Turned 80 With a Cage Fight on the White House Lawn. Critics Call It Sportswashing.
Historic UFC card on the South Lawn marks a milestone birthday. President hails initial framework for an Iran peace agreement. Justin Gaethje stuns the division with a bloody title victory. This is now an image-making story, a soft-power story, and a political-theater story.
MARKET NEWSThe Iran War Framework Is Set, and Oil Is Diving. Your Gas Bill May Not Follow Right Away.
Initial deal reached between US and Iran. Strait of Hormuz to reopen within 30 days. Oil fell over 5% to 3-month lows. This is now a supply recovery story, a reserve story, and a delay story.
MARKET NEWSTrump's "Grand Sporting Season" Begins, and Critics Are Calling It Sportswashing.
A UFC fight on the White House lawn, an IndyCar race on the National Mall, and the FIFA World Cup all land in Trump's lap this summer. Critics are calling it sportswashing. Supporters call it a celebration. Here's what's actually happening and why it matters for markets.
MARKET NEWSSpaceX Goes Public Today in the Biggest IPO Ever, and Musk Is Now the World's First Trillionaire
SpaceX's historic Nasdaq debut is rewriting the books. The $75B IPO instantly made Elon Musk the world's first trillionaire on paper, valuing the giant at $1.77T. Driven by Starlink's growth and a limited float, investors are watching this historic valuation.
MARKET NEWSTrump Says the Iran War Is Nearly Over. Oil Gave Its Answer Fast.
Trump canceled strikes and declared a peace deal was reached. Oil fell 4%, stocks surged, and Iran said the Americans keep changing the terms. Here's what's real, what's still missing, and why it matters so much for inflation and rates.
MARKET NEWSFive Space and AI Names Just Won a Ticket Into the Nasdaq 100, and Investors May Not Have Noticed What That Means for Their Portfolio
Astera Labs, CoreWeave, Nebius, Rocket Lab, and Teradyne are joining the Nasdaq 100 on June 22. Index inclusion means guaranteed buying β but with SpaceX now trading, the valuation math for some of these names just got harder to defend.
MARKET NEWSUS-Iran Strikes Intensify as Tehran Declares the Strait of Hormuz Shut
Second consecutive day of strikes. Iran fires back at Gulf states and Jordan. Tehran declares Hormuz closed to all shipping. Oil jumped. This is now an oil story, an inflation story, and a Fed story.
MARKET NEWSWorld Cup 2026 Opens Today as FIFA Faces Backlash Over Ticket Prices, Visa Denials, and Geopolitics
Mexico vs South Africa kicks off the biggest World Cup ever this afternoon at the Estadio Azteca. On the eve of the tournament, FIFA's president was defending $32,000 final tickets, a banned referee, and Iran's participation. Here's the business story behind the spectacle.
MARKET NEWSSpaceX Prices Tonight at $1.75 Trillion, Setting Up the Most-Watched Market Open in Years.
$135 per share. $75 billion raised. A valuation near $1.75 trillion. Trading begins Friday. After a rough week for tech and AI stocks, the question is not whether SpaceX is impressive β it is whether the market still wants to pay peak prices for it.
MARKET NEWSSolar Just Beat Coal for the First Time
In May 2026, solar generated 12.8% of US electricity. Coal generated 12.2%. It is the first calendar month on record when solar produced more American electricity than coal β and it happened while Washington was directing $700 million toward keeping coal in the game.
MARKET NEWSThe $40 Billion Prediction-Market Fight Hits Washington
Prediction markets are no longer a weird corner of the internet. They are a multibillion-dollar fight over whether betting on elections, sports, and world events should be treated like financial trading β or gambling. Washington is starting to answer.
MARKET NEWSXi's North Korea Trip Wasn't a Breakthrough. It Was a Warning Signal.
Xi's rare trip to Pyongyang did not produce a market-moving deal. But it showed how quickly the world's geopolitical blocs are hardening β and why that matters for defense spending, supply chains, and the risk premium investors are already pricing.
MARKET NEWSOpenAI Files for IPO, Joining Anthropic and SpaceX in the Biggest Tech Listing Rush in History
Anthropic filed last week. SpaceX starts trading Thursday. OpenAI announced its confidential S-1 late Monday. Three of the biggest companies in the world are heading to public markets in the same window. Here's what that actually means.
MARKET NEWSVancouver Is Hosting the World Cup This Month. Its Film Industry Is Paying the Price.
Vancouver's film industry generates $3.9 billion in annual output and 42,000 jobs. The city is also hosting seven World Cup matches. The Last of Us made the collision visible.
MARKET NEWSOil Spikes, Rate Fears Surge, and Oracle Looms: What's Moving Markets This Monday
Friday's jobs report hit hard. Then Israel and Iran traded strikes. Now Oracle has to answer the biggest question in markets. A messy Monday, explained.
MARKET NEWSS&P 500 Profits Just Hit an All-Time High. Five Stocks Drove Most of the Growth.
Q1 2026 was the most profitable quarter in FactSet's records. Earnings doubled expectations, margins hit an all-time high, and 85% of companies beat estimates. The catch: a handful of megacaps did most of the heavy lifting.
MARKET NEWSAnthropic Files for IPO at a $965 Billion Valuation
Anthropic just confidentially filed for a U.S. IPO at a near-trillion-dollar valuation β and it's only the first of three mega-AI listings heading for Wall Street this year.