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SATURDAY, JULY 18, 2026
AI Trade Cracks as Chinese Rivals Crumble, SpaceX Sinks Below IPO Price
Moonshot's Kimi K3 sent Z.ai down 28 percent and MiniMax 16 percent in a reaction likened to the 2025 DeepSeek panic, as a scrubbed Starship test dropped SpaceX 5.5 percent to $122.12
FRIDAY, JULY 17, 2026
Apple Briefly Overtakes Nvidia as AI Trade Rotates Out of Chip Leaders
The iPhone maker's Friday cross above $4.88 trillion, on Nvidia's 3 percent slide to $4.84 trillion, capped a week of options warnings, an IBM crash and Netflix earnings pain
THURSDAY, JULY 16, 2026
SpaceX Shares Fall Below $135 IPO Price for First Time Since June Debut
Wednesday's dip to $132.62 comes ahead of the reusable rocket maker's 13th Starship test flight and first public earnings, with the stock down 41 percent from its post-float peak
TUESDAY, JULY 14, 2026
Warsh Faces First Fed Hearing as June CPI Tests Rate-Hike Bets
Kevin Warsh testifies before the House Financial Services Committee Tuesday, hours after June CPI and a day after Christopher Waller floated a near-term Fed tightening
MONDAY, JULY 13, 2026
TSMC Revenue Surges on AI as SK Hynix Suffers Worst Seoul Rout Ever
TSMC's June revenue rose 67.9 percent on AI demand as SK Hynix slid 15.4 percent in Seoul, its worst day ever, in the first Seoul session after the memory maker's $26.5 billion Nasdaq debut
FRIDAY, JULY 10, 2026
SK Hynix Raises $26.5 Billion in Biggest Foreign U.S. IPO Ever
The South Korean memory-chip maker's Nasdaq debut Friday tops Alibaba's 2014 offering as global orders reach $171 billion for the AI supply chain's marquee name
THURSDAY, JULY 9, 2026
Oil Jumps More Than 4 Percent as Second Night of Iran Strikes Rattles Airlines
Brent settled at $78.02 and WTI at $73.52 after Trump vowed fresh strikes and a renewed Hormuz blockade; the U.S. Global Jets ETF slid 4 percent
TUESDAY, JULY 7, 2026
Iran Strikes Qatari and Saudi Tankers in Strait of Hormuz, Lifting Oil
Overnight Revolutionary Guards missiles damaged an LNG carrier and a crude supertanker off Oman, breaking a three-week lull and pushing Brent to $72.85 a barrel
FRIDAY, JULY 3, 2026
Tesla Deliveries Jump 25 Percent but Stock Posts Worst Day in Nearly a Year
Second-quarter deliveries blew past Wall Street's 406,600-vehicle consensus, yet Tesla shares sank 7.49 percent in the electric-vehicle maker's worst session in almost a year
FRIDAY, JULY 3, 2026
U.S. Hiring Slows to 57,000 in June as Labor Force Hits Five-Year Low
The June payroll gain came in at roughly half of Wall Street's forecast and pushed September rate-hike odds off the table, sending the S&P 500 up 0.7 percent
THURSDAY, JULY 2, 2026
Asia Chip Selloff Deepens as Burry Shorts Caterpillar
Samsung and SK Hynix each fell more than 9 percent Thursday, tracking Wednesday's Nasdaq rout, days after Michael Burry placed his first bearish bet on Caterpillar
WEDNESDAY, JULY 1, 2026
S&P 500 and Nasdaq Cap Best Quarter Since 2020 as Tech Leads and Gold Craters
U.S. stocks closed the second quarter at highs despite the war with Iran, while international equities outran Wall Street and gold logged its worst three months in 13 years
TUESDAY, JUNE 30, 2026
Yen Hits 40-Year Low as Tokyo Readies Intervention
The Japanese currency slid to 162.19 per dollar Tuesday, its weakest since 1986, as Finance Minister Satsuki Katayama warned of decisive action and visa fees jumped fivefold
MONDAY, JUNE 29, 2026
AI Capex Pressure Points Pile Up as Data Centers Meet Weather and Skepticism
Semafor read of the BIS warning, a new severe-weather threat to data centers and a Cramer broadside reframe the bust risk one day after the central-bank report
SUNDAY, JUNE 28, 2026
BIS Flags AI Capex as Pressure Point in 2026 Annual Report
The Basel-based central bank of central banks ranked the AI build-out alongside the Hormuz inflation shock, private credit and sovereign-bond fragility
SATURDAY, JUNE 27, 2026
Oracle's 19 Percent Drop Caps an AI Financing Week; Grantham Calls Market Priciest Ever
The software company's worst week since the dot-com bust came as Asian tech indexes slid, the Kospi tripped circuit breakers and a famed bear pegged stocks at 235 percent of U.S. GDP
THURSDAY, JUNE 25, 2026
Micron Blowout and Qualcomm Forecast Erase Tuesday's AI Chip Rout
Memory maker's 84.9 percent gross margin tops Meta and Nvidia, Qualcomm nearly doubles its 2029 non-handset target to $40 billion, and SK Hynix jumps 12 percent on a $29 billion Nasdaq listing plan
THURSDAY, JUNE 25, 2026
Brent Falls to Pre-War Low as Hormuz Traffic Doubles in a Day
Crude briefly traded below $72.48 a barrel Thursday for the first time since Feb. 28, as 70 ships cleared the strait Wednesday and Rubio warned Iran against tolls
WEDNESDAY, JUNE 24, 2026
AI Rout Shaves $1.3 Trillion Before Chips Claw Back in Asia
Wall Street's selloff in artificial-intelligence stocks spread across three continents Tuesday before Samsung, SK Hynix and Micron rebounded Wednesday, leaving capex doubts unresolved
TUESDAY, JUNE 23, 2026
Tech Rout Deepens as SpaceX Taps Bond Market and Kospi Sheds 10 Percent
Asian and European chipmakers led a global selloff Tuesday as Nasdaq 100 futures fell 2.7 percent and SpaceX extended a $400 billion two-day slide into a senior unsecured notes offering
MONDAY, JUNE 22, 2026
China Hits U.S. Rare-Earth Miners and Defense Suppliers in Pentagon List Retort
Beijing's Ministry of Commerce barred Chinese dual-use exports to 10 American firms and shut 46 more out of government procurement after Washington expanded its 1260H roster
MONDAY, JUNE 22, 2026
Alan Greenspan, Fed Chairman for 19 Years, Dies at 100
The economist who coined 'irrational exuberance' and steered the central bank through Black Monday, the dot-com bust and four presidencies died Monday of Parkinson's complications
SUNDAY, JUNE 21, 2026
Warsh Sets Up Five Task Forces to Remake the Fed Without the Fight
A task-force review of communications, inflation framework, AI, data and the $6.7 trillion balance sheet replaces last summer's 'regime change' rhetoric as Asia braces for hotter prints
SATURDAY, JUNE 20, 2026
Iran Afterglow Meets Inflation Fears as Gilts, Yen and Hormuz Split
Andy Burnham's by-election win sent 10-year gilt yields up more than 8 basis points, the yen broke 161 against the dollar and at least 20 tankers crossed a toll-free Hormuz
FRIDAY, JUNE 19, 2026
Yen Breaches 161 Against Dollar Despite $72.8 Billion Tokyo Intervention and BOJ Rate Hike
The currency fell as far as 161.80 per dollar late Thursday, reviving speculation Finance Minister Satsuki Katayama will order Tokyo back into the market
FRIDAY, JUNE 19, 2026
OPEC Rejects IEA Glut Call as Brent Books an 8 Percent Weekly Loss
Secretary General Haitham al-Ghais dismissed the Paris agency's 8-million-barrel oversupply call as Hormuz traffic resumed and analysts said the inflation hit is already locked in
THURSDAY, JUNE 18, 2026
Warsh's Fed Debut Turns Hawkish, Yields Jump and a 2026 Hike Moves Onto the Table
The new chairman held rates Wednesday but pared the policy statement to 130 words, skipped the dot plot and watched nine of 18 officials pencil in a rate increase this year
WEDNESDAY, JUNE 17, 2026
Warsh's Fed Expected to Hold Rates at His First FOMC Meeting
The new chairman opens his first policy meeting Wednesday with markets and the White House pulling in opposite directions on what to do next
WEDNESDAY, JUNE 17, 2026
SpaceX Vaults Past Amazon, Brushes Microsoft, and Swallows Cursor for $60 Billion
Four trading days after its record IPO, Elon Musk's rocket-and-AI company sits at a $2.65 trillion market cap, a $60 billion software deal in hand and Michael Burry circling the puts
TUESDAY, JUNE 16, 2026
Bank of Japan Raises Rate to 1 Percent, Highest Since 1995
The 7-1 vote lifts the policy rate by a quarter point as the BOJ cites an Iran-war energy shock feeding into business prices and a yen stuck near 160
MONDAY, JUNE 15, 2026
Oil Tumbles Below $80, Stocks Rally and Yields Slide on Iran Deal
U.S. crude fell 5.2 percent and SoftBank jumped 10 percent Monday as Washington and Tehran moved toward a Friday signing that is set to reopen the Strait of Hormuz
SATURDAY, JUNE 13, 2026
SpaceX Soars on Nasdaq Debut, Crowning Musk the First Trillionaire
Shares of Elon Musk's rocket-and-AI company closed 19 percent above the $135 IPO price, lifted the company's market value past $2 trillion and pushed his net worth to roughly $1.1 trillion
FRIDAY, JUNE 12, 2026
Wholesale Prices Surge 1.1 Percent in May as Iran-War Energy Shock Hits Supply Chain
Producer prices climbed 6.5 percent from a year earlier, the sharpest annual gain since November 2022, as gasoline costs jumped 23.4 percent in a single month
FRIDAY, JUNE 12, 2026
SpaceX Prices $75 Billion IPO at $135 a Share, Musk Nears Trillionaire Mark
The rocket-and-AI company begins trading on Nasdaq Friday under SPCX at a $1.75 trillion valuation, four times oversubscribed and the largest offering on record
THURSDAY, JUNE 11, 2026
SpaceX IPO Prices Thursday as Warren Asks SEC to Stand Down
The Musk rocket-and-AI company runs four times oversubscribed at a $1.77 trillion valuation, with crypto perps pointing to a 20 percent first-day pop on Friday
THURSDAY, JUNE 11, 2026
May CPI Hits 4.2% as Trump Says 'I Love the Inflation'
The three-year high was driven by an Iran-war energy spike, and the president embraced the print as Democrats pounced and the Fed's new chair weighs a rate call a week away
WEDNESDAY, JUNE 10, 2026
SoftBank Falls 8% as Tuesday Tech Rout Bleeds Into Asia Ahead of May CPI
Traders now price a 40% chance of a Fed rate hike by October as Apple's Siri reveal underwhelms, a SoftBank margin loan stalls and a 4.2% inflation print looms
TUESDAY, JUNE 9, 2026
OpenAI Files Confidentially for IPO as AI Trade Wobbles
The ChatGPT maker submitted an S-1 to the SEC days after Anthropic and on the eve of SpaceX's record Nasdaq debut, lining up three of the biggest listings in history into a cracked market
MONDAY, JUNE 8, 2026
KOSPI Circuit Breaker Trips as the AI Trade Cracks Worldwide
South Korea's benchmark closed down 8.29 percent, chipmakers led losses across Asia, and Brent crude jumped 3.7 percent as the May payrolls shock followed through into a global risk-off
SUNDAY, JUNE 7, 2026
Iran War's 100-Day Toll: Circuit-Board Resin Joins $750 Household Hit
U.S. households have absorbed $750 in war-related costs even as the S&P 500 set records, and a Saudi petrochemical strike threatens an autumn squeeze on electronics prices
SATURDAY, JUNE 6, 2026
May Jobs Blowout Flips the Fed Bet From Cut to Hike
Payrolls beat by 67,000 and prior months were revised higher, pushing odds of a 2026 rate increase to about 70 percent and widening the chip selloff that began with Broadcom
FRIDAY, JUNE 5, 2026
Dow Hits Record as Broadcom Miss Cracks the AI Trade
A 12 percent slide in the chipmaker sent investors rotating into health-care and financials, lifting the blue chips even as Asian tech took the blow on Friday
THURSDAY, JUNE 4, 2026
SpaceX Prices Record IPO at $135 a Share, Putting Musk on the Doorstep of $1 Trillion
The Nasdaq debut on June 12 would raise as much as $75 billion at a $1.77 trillion valuation, more than triple the previous IPO record set by Saudi Aramco
THURSDAY, JUNE 4, 2026
Bitcoin Erases Iran-War Gains as Long-Term Holders Capitulate
The cryptocurrency has fallen below $67,000, down 45 percent from October, with bitcoin ETFs posting their longest-ever streak of net outflows
TUESDAY, JUNE 2, 2026
Alphabet to Raise $80 Billion in Stock Sale With $10 Billion Berkshire Buy
The Google parent will sell equity to fund AI compute capacity, and Greg Abel's Berkshire Hathaway will absorb $10 billion of the offering in its largest tech bet since Apple
MONDAY, JUNE 1, 2026
SoftBank Passes Toyota as AI Rally Narrows to Twenty Stocks
Masayoshi Son committed 75 billion euros to French data centers Monday and his stock jumped 14 percent, even as a dot-com parallel hardened on the Street
FRIDAY, MAY 29, 2026
Oil Tumbles 20 Percent From 2026 Peak as Bowman Tells Fed to Sit Still
Brent has shed nearly 19 percent in May on optimism over a tentative U.S.-Iran ceasefire, and a Fed governor used Friday to argue the energy-driven inflation spike is no reason to hike
WEDNESDAY, MAY 27, 2026
Micron and SK Hynix Cross $1 Trillion as Nvidia Triples Taiwan Spend
Memory chipmakers joined the trillion-dollar club within 24 hours, UBS tripled its Micron target to $1,625, and Jensen Huang said annual spending in Taipei is heading to $150 billion
TUESDAY, MAY 26, 2026
Bond Market Tells Warsh the Free Lunch Is Over
Treasury yields slid Tuesday on Iran-deal hopes even as U.S. forces struck inside Iran, but the 30-year still hovered near a post-2007 peak that says cheap government money is gone
MONDAY, MAY 25, 2026
Nikkei Tops 65,000 and Brent Slips Below $100 as Hormuz Thaw Trade Extends
Japan's benchmark closed at a record, German two-year yields fell to a May-8 low, and crude dropped more than 4 percent in holiday-thinned Monday trade
SATURDAY, MAY 23, 2026
Consumer Sentiment Hits Record Low as Warsh Takes Fed Chair
The University of Michigan index fell to 44.8 in May, the 10-year Treasury yield reached 4.57 percent, and Kevin Warsh was sworn in Friday with rate-cut expectations evaporating
THURSDAY, MAY 21, 2026
Nvidia Cedes China as $80 Billion Buyback Lifts Asian Chip Stocks
Huang said Nvidia has 'largely conceded' the Chinese AI market to Huawei even as first-quarter revenue jumped 85 percent to $81.62 billion and Asian suppliers rallied
TUESDAY, MAY 19, 2026
Trump Shelves Tuesday Iran Strike at Gulf Allies' Request, and Brent Slides Below $111
Brent crude fell 1.9 percent to $110.01 in early trading after the president said Qatar, Saudi Arabia and the UAE asked him to hold off on an attack he had scheduled for Tuesday
MONDAY, MAY 18, 2026
Drone Strike on UAE Nuclear Plant Deepens Bond Rout as Brent Nears $110
The 10-year Treasury yield hit a 15-month high and Japan's 30-year yield touched a record Monday as a fire at Barakah and a stalled U.S.-Iran exchange shook global markets
SATURDAY, MAY 16, 2026
Bond Rout Bleeds Into Stocks as Forecasters See 6 Percent Inflation
The 30-year Treasury yield topped 5.1 percent Friday and traders began pricing a December rate hike as Kevin Warsh took the Fed chair on his first day in the job
FRIDAY, MAY 15, 2026
Global Bond Rout Deepens as Pound Slides and Warsh Fed Takes Over
Sterling slumped to a one-month low and 10-year gilts pushed back above 5.13 percent Friday as traders bet the new Fed chair will tighten and a Labour leadership fight gathers pace
THURSDAY, MAY 14, 2026
Warsh Confirmed 54-45 as April Wholesale Prices Jump 6 Percent
The Senate seated Kevin Warsh as Federal Reserve chair in the narrowest vote in the job's history, hours after a producer-price shock pushed traders to price out 2026 rate cuts
WEDNESDAY, MAY 13, 2026
Retired Commanders Split on Iran Strikes as Hormuz Standoff Holds Crude Above $100
Retired Vice Adm. Mark Fox calls a return to combat unavoidable while Lt. Col. Daniel Davis calls it 'irrational,' as the strait keeps Brent above $100 and the White House reviews options
WEDNESDAY, MAY 13, 2026
April CPI Hits Three-Year High as Senate Confirms Warsh to the Fed
Consumer prices rose 3.8 percent year over year on Iran-war energy costs, traders priced in a 37 percent chance of a 2026 rate hike, and Kevin Warsh cleared the Senate 51-45
TUESDAY, MAY 12, 2026
Starmer Loses Second Minister as 30-Year Gilt Yield Hits 2008 High
Safeguarding minister Jess Phillips quit Tuesday and Eurasia Group lifted the odds of the prime minister's ouster to 80 percent as long-dated U.K. borrowing costs surged
TUESDAY, MAY 12, 2026
Trump Backs Federal Gas Tax Pause as Pump Prices Hit $4.52
The president endorsed suspending the 18.4-cent levy Monday and Sen. Josh Hawley filed a 90-day bill, eight days after the national average crossed $4.44 a gallon
SUNDAY, MAY 10, 2026
Aramco Profit Jumps 26 Percent as Hormuz Truce Frays
Saudi Arabia's oil giant beat forecasts Sunday as a cargo ship burned off Qatar, Iran fired again at the UAE and Washington added 14 entities to its Iran sanctions list
THURSDAY, MAY 7, 2026
Oil Falls Below $100 as Iran Weighs Trump's 14-Point Framework
Brent slid almost 4 percent to $97.47 on Thursday as Tehran promised a response to a one-page deal that would lift the Hormuz blockade and freeze nuclear enrichment
WEDNESDAY, MAY 6, 2026
Trump Pauses Project Freedom as Iran Memo Takes Shape
The president halted U.S. Navy escorts through the Strait of Hormuz on Tuesday night to pursue a Pakistan-brokered deal, while leaving the blockade and a fresh bombing threat in place
TUESDAY, MAY 5, 2026
Iran Strikes Fujairah Oil Port as U.S. Navy Clears a Hormuz Lane
A drone hit the UAE's only major export terminal that bypasses the strait, the first such attack since April's truce, while Navy destroyers sank as many as seven Iranian boats clearing a transit lane
MONDAY, MAY 4, 2026
The Iran-War Oil Squeeze Reaches the Gas Pump
Regular gasoline averaged $4.446 a gallon Sunday, up more than 30 cents in a week, even as Brent crude held flat and OPEC+ promised a 188,000-barrel nudge
THURSDAY, APRIL 30, 2026
Fed Splits 8-4 as Powell Stays on Board and Warsh Clears Panel
The most divided Federal Open Market Committee vote since 1992 held the funds rate at 3.5 to 3.75 percent as Jerome Powell said he would remain a governor and Kevin Warsh advanced toward confirmation
WEDNESDAY, APRIL 29, 2026
Warsh Clears Banking Panel as Powell Runs His Last Meeting
The Senate Banking Committee advanced the Fed chair nominee 13-11 hours before a rate decision overshadowed by Big Tech earnings and the question of whether Jerome Powell stays on the board
WEDNESDAY, APRIL 29, 2026
UAE Quits OPEC After Six Decades, Loosening Saudi Grip on Oil
Abu Dhabi's May 1 exit removes one of two members with meaningful spare capacity, a long-term blow to the cartel even as the closed Strait of Hormuz mutes the immediate market reaction
TUESDAY, APRIL 28, 2026
Powell's Final FOMC Meets Warsh Vote and a Hawkish Hold in Tokyo
Traders price a near-certain Fed pause Wednesday as Ray Dalio warns the next chair against cutting and the Bank of Japan splits 6-3 on Iran-driven inflation
SUNDAY, APRIL 26, 2026
Yergin Calls Hormuz the Biggest Energy Disruption Ever as Trump Cancels Envoy Trip
The S&P Global vice chairman's warning lands the same Saturday Witkoff and Kushner were grounded and Iran's foreign minister flew out of Islamabad without a deal
THURSDAY, APRIL 23, 2026
Kalshi Fines Three Congressional Candidates for Betting on Themselves
The prediction-market platform hands out five-year bans and penalties ranging from $539.85 to $6,299.30, its first major enforcement action against politicians wagering on their own races
TUESDAY, APRIL 21, 2026
Warsh Faces Senate Grilling as Tillis Block and Trump-Powell Feud Collide
The Fed chair nominee testifies Tuesday amid a GOP hold tied to the Justice Department probe of Jerome Powell, with his $226 million portfolio and AI-era rate views drawing scrutiny
SUNDAY, APRIL 19, 2026
Wright Says $3 Gas May Not Return Until 2027 as Hormuz Talks Stall
The energy secretary's timeline undercuts Treasury Secretary Bessent's summer forecast as Iran fires on tankers and a second round of U.S. negotiations teeters
WEDNESDAY, APRIL 15, 2026
Trump Threatens to Fire Powell if Fed Chair Refuses to Leave After Term Ends
Former Fed Chair Yellen compares the president's interest-rate pressure campaign to the behavior of a banana republic as Powell's May 15 exit nears
TUESDAY, APRIL 14, 2026
IMF Warns Prolonged Iran War Could Tip World Into Recession
Fund cuts 2026 growth forecasts across the G7, hands Britain the sharpest downgrade and sketches a severe scenario with oil above $110
MONDAY, APRIL 13, 2026
March CPI Jumps to 3.3% as Gasoline Drives Two-Thirds of Monthly Gain
Pump prices rose 21.2 percent from February, the largest monthly jump since 1967, as the Iran war filters into headline inflation and freezes home buyers