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Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
Prolonged closure of Strait of Hormuz could send crude oil prices to new highs this summer.Read More...
Pope Leo is concerned about AI replacing human work. Traders share his concern long term
The leader of the Catholic Church warned about artificial intelligence upending the labor market. Traders on Kalshi see unemployment jumping before 2030.Read More...
Huawei unveils new smartphone chips this fall as rivalry with Nvidia and Apple heats up
Chinese telecom giant Huawei announced Monday a new way of designing chips that improves their capabilities, despite U.S. restrictions on the company.Read More...
Three signs from APEC that the U.S. and China remain far apart on trade
U.S. and Chinese officials have met and spoken publicly about differing priorities since the Trump-Xi summit concluded in Beijing last week.Read More...
Kevin Warsh’s real Fed ‘regime change’ may happen deep inside Wall Street’s plumbing
Warsh could guide to a smaller role in day-to-day markets, while also setting clearer rules for how and when it should intervene.Read More...
Which company will the U.S. government take a stake in next? Here’s what traders think
After new stakes in quantum companies were revealed, traders on prediction market platform Kalshi think IonQ, Micron and Anduril could be next.Read More...
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