Easing Bond Selloff Lifts U.S. Stock Futures
Summary
Markets steadied as bond yields retreated and oil prices dipped following reports that Iran may reopen the Strait of Hormuz, though a lasting deal remains unlikely. The episode covers Oracle’s mounting financial and local resistance issues regarding its massive AI data center project in New Mexico, alongside Costco’s strong earnings driven by younger shoppers. Additional stories include the Trump administration’s controversial taxpayer-funded anti-communist ad, shifting flu vaccination guidelines, and law firms hiring consultants to help senior partners retire.
Topics discussed
Sponsor: ReliaQuest Cybersecurity
Intro: Bond relief and Iran Strait of Hormuz talks
Markets: Quiet mood, oil prices, and Fed rate concerns
Geopolitics: US-Iran standoff and diplomatic challenges
Business: Costco sales rise and younger demographic shift
Tech: Cracks in Oracle's AI data center buildout
Sponsor: Oppenheimer Wealth Management
Health: No federal flu shot recommendation and rising cases
Legal: Supreme Court review of third-country deportations
Politics: NJ Lt. Gov. Caldwell investigation and resignation call
Media: Controversial pro-Trump anti-communism TV ad
Legal: Senior law partners resisting retirement
Outro: Show credits and weekend wishes
Sponsor: David Booth's 'Stay Calm' book
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