Well, at least for now... 

 

This discovery marks another chapter in the disturbing wave of deaths and disappearances involving individuals tied to highly sensitive government programs. 

Indian refiners have frozen the price of jet fuel for domestic flights after airlines asked for a respite from fuel price hikes; this follows a 8.6% April jump in kerosene prices in response to tighter supply.

The erosion of Americans’ purchasing power has led to a debt-based economy...

Remarkably, Google revealed that it will use the bulk of the ATM offering to pay for tax obligations related to vesting of employee equity awards. In other words, the multi-trillion company is using retail investors to pay taxes

Malaria - primarily spread by mosquitoes - killed at least 597,000 people throughout 83 countries, according to the CDC.

Risk assets were mixed on Iran threats to block the Bab al-Mandab Strait and with initial reports that it stopped exchanging messages with the US, although the geopolitical headlines were much more positive later in the session.

" ...  there is substantial doubt about the Company's ability to continue as a going concern." 

...something is rotten in the bluer than blue state of California.

CTA (modest), Retail (relentlessly) and Corporates (buybacks in full swing) are acting as sponsors of equities, with little regard for concentration considerations, or valuations.

Nobody wants puts. Everybody wants calls. Everybody wants more AI.

The legal complaint alleges UnitedHealthcare makes seniors appear sicker for higher payments from the state...

"...only pedos use Kik." 

The Democratic Party is reduced to psychodrama, and the nature of psychodrama is that it’s about nothing - nothing real, at least...

Iran responds to Israeli aggression in Lebanon by halting negotiations and closing Hormuz and Bab al-Mandab Straits; Trump brokers Hezbollah/Israel ceasefire agreement; MSFT and NVDA announce RTX Spark; ISM Manufacturing PMI Beats, Prices ease, Employment rises; Fed's Powell said Fed will lose credibility if Trump removes officials over policy; OPEC to raise output quotas for July by 188k per day.

SOX +45%. IGV +43%. One dominated the headlines. The other quietly matched the returns.

Deutsche Bank analyst Edison Yu and his team said industry demand appears to be holding up better than expected.

Why have spot Brent futures fallen 22% from the late March peak despite still low flows through Hormuz? According to Goldman's commodity desk, there are two main demand-related drivers...