There are two major forces driving the equity markets, the Iran War and the AI boom.
Author: admin
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SPOTLIGHT: PRIVATE CREDIT FUNDS’ PROBLEMS MOUNT
Like high-flying special-purpose acquisition companies, which were a fad in 2021 and 2022, the private credit industry’s heyday is over for the near future.
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NEARLY 70 PERCENT OF AMERICANS WANT THE IRAN WAR TO END AS SOON AS POSSIBLE, SURVEY FINDS
A newly released The Economist/YouGov poll found that 68 percent of Americans believe that the Trump administration should end the Iran War as soon as possible, and that 60 percent of those polled say they oppose the war.
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WE ARE INSIDE A FULL-SPECTRUM CRISIS. AND THIS IS WHAT’S NEXT
Global oil inventories risk has reached critical low levels before peak summer demand.
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IRAN VOWED TO DEFEND LEBANON IF ISRAEL VIOLATED CEASEFIRE AGAIN
Iran on Sunday made good on its promise to defend Lebanon if Tel Aviv continued to carry out airstrikes on the country and launched a ballistic missile barrage towards Israel after the IDF struck Dahiyeh, a Beirut suburb, which resulted in at least two deaths.
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EUROZONE ECONOMY CONTRACTED IN FIRST QUARTER
Declines in economic output by France and Ireland in this year’s first quarter dragged the 21-country Eurozone economy into a 0.2-percent contraction for the period.
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TRUMP: NETANYAHU WILL NOT HAVE A CHOICE WHETHER TO ACCEPT DEAL TO END WAR
President Donald Trump said in an interview on Sunday that Israeli Prime Minister Benjamin Netanyahu “won’t have any choice” but to go along with the decision because he “calls the shots.”
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IRAN LAUNCHES BALLISTIC MISSILES AT ISRAEL AFTER TEL AVIV TARGETS BEIRUT DAYS AFTER CEASEFIRE
The Iranian armed forces announced Sunday that the country launched ballistic missiles towards Israel in response to Tel Aviv’s decision to bomb Beirut’s suburbs, despite the U.S.-brokered ceasefire announced last week.
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MEDIA LEADERS HEAR MIXED MESSAGES ABOUT AI
Leaders of major news organizations attended the annual World News Media Congress to discuss the state of the industry.
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SPACEX FACES BACKLASH OVER CHIP PLANT TAX EXEMPTION
The commissioners of Grimes County, Texas, voted four to one in late May to grant Elon Musk’s SpaceX a 100-percent property tax exemption for its planned Terafab semiconductor factory.