Global Bond Yields Surge as Fed Speech Looms and Bunds Hit 15-Year High Amid Energy Crisis
10-year Bund yields hit a 15-year high as global bond yields climb ahead of Fed Chair Powell’s speech, highlighting eurozone vulnerability to energy prices.
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Oil Prices Tick Up as Strait of Hormuz Reopening Hopes Dim
Oil prices rose as hopes for the Strait of Hormuz reopening faded.
Natural Gas Inventories Show Smallest Build, Tightening Supply Outlook
Smallest natural gas inventory build in season narrows five-year surplus to two-month low.
Jes Staley Admits Consensual Sex with Epstein Associate, Warned Him on Cash
Jes Staley admits consensual sex with an Epstein associate and warned him about cash withdrawals.
U.S. Oil Inventories Show Slight Increase, Signaling Shifting Market Dynamics
US crude oil stockpiles increased by 95,000 barrels to 428.9 million barrels in the week of Aug. 21.
Microsoft’s AI Black Box: Investors Left in the Dark on Cloud and Capex
Microsoft’s deliberate lack of transparency regarding AI-specific capital expenditures and revenue streams on its Azure platform is raising alarms among investors, hindering accurate financial assessment of its AI business.
Druckenmiller Leverages AI for Sharp Critique of Bessent
Stanley Druckenmiller admits to using AI for his critical assessment of Michael Bessent.
US Futures Climb Despite Trade War Escalation with Canada and Iran Tensions
US stock futures rise despite ongoing trade war with Canada and Iran tensions.
IPO Frenzy Heats Up: Oura and Dunkin’ Poised for Public Market Debut
Oura and Dunkin’ are reportedly preparing for IPOs, indicating a strong upcoming period for new stock market offerings.
Canadian Banks Brace for Strong Earnings Amidst Stretched Valuations
Canadian banks anticipate strong financial results, but stretched market valuations present a challenge.