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Oil Is at $106. Goldman Can’t Keep Up. Budget Airlines Are Begging Washington for $2.5 Billion.
Brent crude hit $106 while Goldman Sachs raised its Q4 forecast to $90 and still missed. Budget airlines formally requested a $2.5 billion government bailout. Spirit Airlines has been delisted. The oil shock is claiming its first industry.
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Trump Extended the Ceasefire. Markets Surged. The Inflation Didn’t Stop.
Trump extended the Iran ceasefire indefinitely. The Nasdaq jumped 1.67%. But UK inflation hit 3.3% the same day, identical to the US figure. The shooting paused. The inflation did not.
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Earnings Are Beating. Oil Is at $98. Tomorrow’s Ceasefire Deadline Is All That Matters.
UnitedHealth surged 7% on a blowout quarter. US retail sales beat in March. The economy is holding up. But Brent oil jumped 2.8% to $98 with the Iran ceasefire expiring tomorrow. Here is what markets are watching.
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Tim Cook Is Stepping Down. Apple Just Named Its First New CEO in 15 Years.
Tim Cook is out after 15 years. John Ternus, Apple’s hardware chief, takes over as CEO on September 1. Apple stock fell 2.4%. Here’s what it means for the world’s most valuable company.
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The Hidden Company Behind Every AI Chip Just Had Its Best Quarter in History
TSMC made $18.2 billion in profit in a single quarter. Up 58%. Most people have never heard of them. But they make every chip inside every AI system, every iPhone, and every data center on earth.
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Anthropic Is Now Worth $800 Billion. Is That Insane or Just the New Normal?
Anthropic’s revenue went from $9 billion to $30 billion in 90 days. At $800 billion, the valuation is aggressive. But the real bubble risk in AI right now isn’t Anthropic.
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