Macro Iran War Has Cost U.S. Families $100B in Military Spending and Oil Moody's says the Iran war has already cost U.S. families $100 billion, or about $750 per household, between military spending and higher oil prices, with the bill still growing.
Geopolitics Israel’s Katz: IDF Won’t Leave South Lebanon, Even If US Demands It Israeli Defense Minister Israel Katz said the IDF will not withdraw from southern Lebanon even if Washington demands it, complicating fresh US-brokered talks and raising Middle East risk.
Markets Amazon Prime Day Household Spending Down 16% as Shoppers Pull Back Amazon Prime Day household spending is down about 16% versus last year per Numerator, with shoppers favoring essentials and demanding deeper discounts.
Politics Pentagon Reinstates Mandatory Flu Shots for Recruits Amid Lackland Outbreak The Pentagon reinstated mandatory flu shots for all military recruits as an outbreak at Lackland Air Force Base hit 275 cases, reversing an April policy that made the vaccine optional.
Real Estate Redfin: Home prices are picking up again as costs hit fresh highs Redfin says home prices are climbing again, with the median U.S. sale price at a record $403,889 and monthly housing payments at a one-year high even as pending sales fall for a fifth straight week.
Macro 40% of Investors See a No-Landing Scenario, BofA Survey Shows Bank of America's latest fund manager survey shows 40% of investors now expect a no-landing scenario, nearly double the August reading, while 47% still see a soft landing and just 5% expect a hard landing.
Markets Citigroup Updates Its Gold Prices Citigroup reduces its 3-month gold price target to $4,000 per ounce, citing limited near-term catalysts and improved macroeconomic conditions.
Geopolitics U.S., Iran Agree on Roadmap for Final Deal, Plan to End Lebanon Operations U.S. and Iran agreed on a 60-day roadmap toward a final deal, with a Lebanon deconfliction cell and a reopening of the Strait of Hormuz. Oil, defense and tanker names are in focus.
Markets Senate Advances Housing Bill to Limit Private Equity Purchases of Single-Family Homes The Senate advances a bipartisan bill to cap private equity ownership of single-family homes, aiming to increase housing affordability and supply.
Tech Microsoft Weighs Xbox Spin-Off, Joint Venture, or Subsidiary Carve-Out Microsoft is reportedly weighing a spin-off, joint venture, or wholly owned subsidiary structure for Xbox as gaming margins fall to 3% and capital shifts toward AI and cloud.
Markets Dimon: Bull Market Is Like a ‘Little Tsunami’ That’s Hard to Stop JPMorgan’s Jamie Dimon called the current bull market a ‘little tsunami’ that’s very hard to stop — while warning that geopolitical and long-term economic risks are being underpriced by investors.
Markets Trump: Stock Buybacks Are a Fake Way to Raise a Price Trump again called stock buybacks a fake way to lift share prices, putting defense contractors LMT, NOC, and RTX back in focus alongside the broader buyback tax debate.
Energy Trump Administration Offers $17.5B Loans for 10 New Westinghouse AP1000 Nuclear Reactors The Trump administration announces $17.5 billion in loans to finance 10 new Westinghouse AP1000 nuclear reactors, aiming to meet rising energy demands from data centers.
Markets AMC Prices $200M Stock Offering, Shares Sink Nearly 20% Premarket AMC priced a $200M registered direct offering of 95.25M shares at $2.10 to redeem its 2027 notes. Shares fell roughly 19% premarket on dilution concerns just 12 days after a $150M raise.
Tech Nvidia Says AI's Water Challenge Is Largely Solved Nvidia's chief sustainability officer says the water consumption challenge for data centers is largely solved, citing a warm-water liquid cooling design that may eliminate the need for traditional chillers.
Macro Factory Job Cuts Near 2009, COVID Levels as Manufacturers Slash Headcount S&P Global says US factory job cuts in June ran near their highest levels since the 2009 financial crisis and the COVID pandemic, even as the headline manufacturing PMI beat expectations at 55.7.
Tech Meta Building Prediction Markets App ‘Arena,’ Per NYT Report Meta is building a standalone prediction markets app called ‘Arena,’ per NYT, taking aim at Polymarket and Kalshi. DKNG, FLUT, and HOOD fell on the report.
Politics Senate Votes to Halt Military Action Against Iran The U.S. Senate passed a resolution to halt military action against Iran, signaling bipartisan concern over the conflict's economic impact.
Politics Trump Official Pitched Greenland Takeover to Save Red Lobster Shrimp A Trump appointee reportedly pitched annexing Greenland as a way to bring back Red Lobster's all-you-can-eat shrimp. Here is what traders should actually watch.
Macro BofA Now Sees Three Fed Rate Hikes in 2026 on Sticky Inflation Bank of America reversed its Fed call and now expects three 25bp hikes in September, October and December 2026, citing sticky inflation and a hawkish Warsh-led FOMC.
Markets AMC Notches Busiest Weekend of 2026 as Toy Story 5 Opens to $160M AMC Entertainment logged its busiest weekend of 2026 as Toy Story 5 opened to $160M domestically, driving record attendance and the highest weekend concessions revenue in more than a year.
Energy White House Reports Large Tankers Transiting Strait of Hormuz The White House confirms large tankers are moving through the Strait of Hormuz, signaling a potential easing of tensions and impacting global oil markets.
Markets Alan Greenspan, Former Federal Reserve Chair, Dies at 100 Alan Greenspan, former Federal Reserve Chair, dies at 100. His policies shaped decades of U.S. monetary policy and economic growth.
Politics Colombian President Petro Rejects Election Results, Alleges Israeli Interference Colombian President Gustavo Petro rejects preliminary election results, alleging Israeli interference in the vote-counting software.
Markets China imposes trade curbs on U.S. firms after Pentagon blacklist China imposes trade restrictions on U.S. firms like Boeing and Raytheon in response to the Pentagon's blacklist, potentially disrupting supply chains and increasing market volatility.
