The Market Believed Whichever Trump Statement Came Last
Wednesday's Hormuz Hope rally collapsed overnight after Trump's speech sent Brent crude surging to $106 and Asian markets tumbling 2.1%.
The news. The narrative. The timeline.
Bureau: San Francisco
Wednesday's Hormuz Hope rally collapsed overnight after Trump's speech sent Brent crude surging to $106 and Asian markets tumbling 2.1%.
The IRGC named 18 US companies including Apple, Google, and Tesla as military targets, and 24 hours later not one of them has said a word.
Tesla's Q1 2026 delivery report arrives this week as the first full quarter measured against an organized anti-Musk boycott, with Wall Street consensus at 365,000 vehicles.
BlackRock's Fink says $150 oil means global recession — Brent is at $108 with Hormuz still closed, and the gap between here and there is narrowing fast.
Oracle's 30,000-person layoff — delivered via 6 a.m. email — pushes the 2026 tech layoff total past 115,000 workers, and it is only April.
A new global survey finds most corporate boards have AI on their agenda but only a quarter treat it as a standing item, revealing an adoption-understanding gap that is costing real money.