South Korea’s Kospi index fell 40% in 35 days, outpacing declines seen during Covid, 1987, and the Nasdaq’s dot-com bust. South Korea’s Kospi index surged 80% in 10 weeks starting in April, only to collapse 40% over the next 35 days. The decline nearly wiped out the entire
Precision strikes target groups planning attacks on US forces and Saudi oil facilities following IRGC ballistic missile launches. The US Central Command conducted precision strikes in Iraq against Iran-backed groups accused of planning attacks on US forces and Saudi oil in
Company secures $100 million financing for rare earth processing The US Army has chosen a company to build and operate rare earth processing facilities on a military base. The company closed $100 million in institutional financing, giving it a total of $130 million
Iran launched multiple ballistic missiles at US military sites in the Middle East, all of which were intercepted, according to military officials. The US Central Command announced it intercepted several ballistic missiles fired by Iran at American military bases in the Mid
Oil prices remain stable despite Middle Eastern supply disruptions Oil price movements have been puzzling since March, with futures prices not rising as expected. The reason for this stability appears to be optimism and a bet on market adaptability. Many co
Nucor reported record steel shipments of 7.1M tons and strong Q2 earnings, driving shares near an all-time high. Nucor (NUE) shares jumped 7.2% Tuesday, closing within $1 of its record high after the company posted stronger-than-expected Q2 adjusted earnings. Steel shipmen
Traders slash probability of a 14-day US-Iran ceasefire to 53% after President Trump threatens renewed military action. Prediction markets cut the odds of a continuous 14-day US-Iran ceasefire by 10 percentage points to 53% on Monday. The shift follows skepticism over the
US solar installation costs increased 18 percent due to tariffs but remain the most affordable energy expansion option globally. Solar power installation costs in the US have climbed 18 percent following the implementation of tariffs, yet it remains the cheapest form of ne
Frozen Venezuelan oil revenues in U.S. Treasury accounts reach $13 billion since Maduro’s 2020 ouster, administration says. The Trump administration has generated over $13 billion from sales of Venezuelan oil since January 2020, following the removal of President Nicolás M
The cruise operator raised its adjusted earnings per share forecast to $17.73-$17.87, citing strong demand from higher-income travelers. Royal Caribbean increased its annual adjusted earnings per share forecast to a range of $17.73 to $17.87, up from $17.10 to $17.50, afte
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