Oil Dipped and Futures Rose on a Ceasefire Nobody Has Agreed To
Futures rose Monday morning on ceasefire hopes that Iran has not accepted, while Brent crude sits near $108 — down from $112 but still pricing a war that is very much ongoing.
Theo Kaplan
Bureau: San Francisco
Value Stocks Beat Growth by the Widest Margin in Years as the Market Rewarded Boring
Large value outperformed large growth by more than 11 points year-to-date in 2026 — the widest gap in years — as war, inflation, and trade uncertainty made cash-generating businesses very appealing.
Analysts Are Upgrading Kratos Defense. The War Is Doing the Selling.
Kratos Defense has become analysts' favorite drone-and-aerial-target play as war demand accelerates, with price targets ranging from $85 to $150 against a stock near $67.
SpaceX Filed Confidentially for an IPO at Over $2 Trillion. That Would Make It the Sixth Most Valuable U.S. Company.
SpaceX has filed confidentially with the SEC targeting a $2 trillion-plus valuation in a June listing that would raise up to $75 billion — the largest IPO in history if it prices there.
Tech Has Laid Off More Than 90,000 Workers in 2026. The Companies Blaming AI Are Not Wrong.
More than 90,000 tech workers have been laid off in 2026 so far, a 40% jump from the same period last year, with Oracle, Amazon, Atlassian, and Meta leading a wave explicitly tied to AI restructuring.
OpenAI's COO Is Moving On, Its AGI Chief Is on Medical Leave, and the IPO Is Still Coming
OpenAI reshuffled its leadership Friday: COO Brad Lightcap moves to 'special projects,' AGI chief Fidji Simo takes medical leave, and CMO Kate Rouch steps back — all at once.
There Are 630,000 More Home Sellers Than Buyers. It's a Buyer's Market You Still Can't Afford.
Redfin found 46.3% more sellers than buyers in February — a record gap of 630,000 — but mortgage rates near 6.9% mean the surplus of inventory isn't translating into affordability.
The War Has Cost an Estimated $800 Billion and the CBO Projects It Crosses $1 Trillion by May
Full-scope war cost estimates — direct military, veterans care, and economic damage — are approaching $800 billion, with projections crossing $1 trillion by May if fighting continues.