The Brutalist Report

CNBC

• Asia markets set for mixed open as Iran launches missiles despite signs of temporary truce [10d]
• Tesla Robotaxi fleet in Texas less than one-tenth size of Waymo's, filings reveal [10d]
• This is the greatest time ever for semiconductors, says CEO of key equipment supplier [10d]
• Jim Cramer says these 3 mistakes are keeping investors out of AI winners [10d]
• Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher [10d]
• Costco says it saw 'record-breaking' gas volumes amid rising prices [10d]
• Disney's ABC files early broadcast licenses renewal 'under protest' against the FCC [10d]
• Gap shares tumble 13% as retailer cuts sales guidance after disappointing Old Navy performance [10d]
• American Eagle's Aerie is booming, but its namesake brand is lagging despite Sydney Sweeney ads [10d]
• Dell shares jump 19% after server maker reports fastest sales growth since return to public market in 2018 [10d]
• Okta tops first-quarter results on agentic AI demand [10d]
• Anthropic tops OpenAI as most valuable AI startup, nears $1 trillion valuation in latest round [10d]
• The wealthiest investors are pulling money out of the U.S. in the 'de-dollarization' trade [10d]
• CFTC sues Rhode Island over actions against prediction markets [10d]
• New '60 Minutes' head Nick Bilton says Paramount hired him to pivot the show before ratings decline [10d]
• Red-hot Arm Holdings soars to another all-time high. What's fueling the move this time? [10d]
• Traders' hopes fade for U.S.-Iran nuclear deal this year despite report on potential ceasefire talks [10d]
• Mythos was the critical trigger for IBM's open-source cybersecurity push, Krishna says [10d]
• Jim Cramer was on the fence with Salesforce. Now he's ready to act [10d]
• Americans’ savings rate falls to lowest level since 2022 as inflation outpaces paychecks [10d]
• Reality star's long shot L.A. mayoral candidacy becomes surprise test for Democrats [10d]
• CFTC bid to vacate order against Winklevoss' crypto exchange 'very unusual,' ex-agency chief says [10d]
• 2 major developments at Meta may have just put a floor in on the struggling stock [10d]
• Jim Cramer says to buy these two stocks — including one with nearly 20% upside [10d]
• Mike Khouw: I was wrong about Zscaler. Here's how I'm managing the trade [10d]
• The key metric investors are most focused on when Costco reports earnings [10d]
• Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion [10d]
• Unusual Machines and other drone stocks surge on report Pentagon considering stakes in the industry [10d]
• Airlines, hotels warn against Trump admin threat to international flights to 'sanctuary cities' [10d]
• Starbucks says afternoon traffic is rising as turnaround starts to take hold [10d]
• U.S. sanctions Iran's Hormuz Strait authority, condemns ballistic missile launch at Kuwait [10d]
• Snowflake surges 35% toward best day ever on AI frenzy, fueling software rally [10d]
• Gaming association says states have lost $1 billion in tax revenue due to prediction markets [10d]
• New York passes Mamdani's pied-a-terre tax. Here's who pays and how much [10d]
• Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in announcing cut [10d]
• Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows [10d]
• Kohl's stock jumps as slumping retailer says sales trends are improving [10d]
• More monthly auto loan payments are above $1,000, and most are not for luxury models [10d]
• Oura is launching its smallest smart ring yet, shrinking wearable design by 40% [10d]
• Trump Accounts app launches — here's how to get started [10d]
• Ferrari CEO defends $640,000 price tag for its first fully electric car [10d]
• More workers are raiding their 401(k)s as average balances fall, Fidelity says [10d]
• Best Buy beats on top and bottom lines as retailer aims to reinvigorate sales [10d]
• Rally in chip stocks becomes the most hated in history. Here's the data [10d]
• CVS to restore coverage of Zepbound, add Eli Lilly's obesity pill to drug plans [10d]
• Oil markets are betting on a swift end to the Iran war. Investors may regret it [10d]
• Ro Khanna is taking his economic message on the road. Will it lead to the White House? [10d]
• Warren: State Department didn't seek TRANSCOM aid in evacuating Americans from Middle East [10d]
• This AI stock is surging after an ex-OpenAI employee's fund disclosed a stake. Here's why [10d]
• Mistral to explore designing own chips, CEO says, as it ramps up infrastructure build [10d]
• Gold tumbles to two-month low as inflation hedge status fades [10d]
• Ousted BP chair Albert Manifold rejects ‘lies’ over his conduct [10d]
• Silver could fall further after latest slump, analysts say as they warn of demand destruction [10d]
• Why Ferrari’s rocky EV launch may not be the disaster investors fear [10d]
• European stocks to open lower as traders assess chances of Iran peace deal [10d]
• 'King of Cashmere' CEO on outperforming the luxury slowdown: Don't be greedy [10d]
• LG Energy Solution's shares surge as much as 16% after landing major U.S. battery storage deal [11d]
• Kuwait air defenses activated against 'missile and drone threats'; U.S. carries out new strikes in Iran [11d]
• Energy inflation has been more persistent than expected: Fed's Goolsbee [11d]
• Nio surges 9% after releasing first flagship EV in more than two years [11d]
• Oil jumps after fresh U.S. strikes in Iran revive Strait of Hormuz disruption fears [11d]
• Asia-Pacific markets open lower as Iran-U.S. negotiations remain in focus [11d]
• Inside India newsletter: Iran war disruptions, Modi's appeal to boost India's hospitality sector [11d]