The Philadelphia Semiconductor Index closed Friday down 5.29 percent at 13,203.57, its worst session since the spring. The tape read like capitulation. The cause did not. Nothing broke in the…
The first half of 2026 ends next week with the indexes near record highs and a consensus that is more comfortable than the data underneath it. JPMorgan closed the week by lifting its year-end S&P 500…
Washington identified the attacker within hours. A Singapore-flagged cargo ship, the Ever Lovely, took an Iranian drone to the bridge on Thursday as it exited the Strait of Hormuz, several miles off…
A shipping lane that hugs the Omani coastline is doing something the IRGC cannot tolerate: it lets tankers leave the Persian Gulf without asking Tehran for permission. Oman, working with the…
Here is the number that ought to frame every story written about Tuesday night, and won’t. Claire Valdez is now the Democratic nominee for New York’s 7th Congressional District, which means — in a…
Donald Trump signed his Iran memorandum of understanding in mid-June and told the ships of the world to start their engines. A genuine peace dividend would have announced itself first in two places:…
The British constitution is about to do the thing it does best and explain least. A prime minister who won a landslide twenty-three months ago is preparing to leave office, and not one voter will be…
The contest over Taiwan’s status is now being fought on Facebook, and that tells you something about where Beijing’s leverage actually runs out. On Friday the Chinese Embassy in Belgium posted to…
On June 18, 2026, Ondas Inc. (Nasdaq: ONDS) announced a definitive agreement to acquire Cyberhawk Holdings Limited for approximately $125 million, funded roughly 95% in cash with Cyberhawk leadership…
The headline number is $22 billion of enterprise value. The number that decides whether this works is the multiple. Fox is paying roughly 4.6 times trailing sales for Roku and funding part of it by…