Saudi warplanes reportedly struck Iran-backed militia sites in Iraq during the war, via reports
The reported strikes by Saudi warplanes against Iran-backed militias in Iraq signify a potential escalation in regional tensions.
Microsoft (MSFT) says it spent USD 100bln on the OpenAI partnership over the years
Cigna (CI) exec does not see pricing dynamics that would lead to margins being cut at scale across the pharmacy benefit space, via BofA healthcare conference
Saudi warplanes reportedly struck Iran-backed militia sites in Iraq during the war, via reports
Iran Foreign Minister says "In clear attempt to sow discord, Kuwait has unlawfully attacked an Iranian boat and detained 4 of our citizens in the Persian Gulf. This illegal act took place near island used by the U.S. to attack Iran."
Fed's Collins (2028 voter) says top of mind to understand what's happening with private credit, and in markets, anything that expands rapidly gets Fed attention
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This could lead to increased volatility in oil prices and safe-haven assets like gold, as investors seek to hedge against geopolitical risks. The implications for USD and other currencies could also be significant, particularly if these developments disrupt market stability.
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