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House Republicans Cancel Iran War Vote as Congressional Majority Shifts

When legislativeLeadershippulls a scheduled vote, the cancellation itself is the signal. On Thursday, House Republican leaders removed an Iran war powers resolution from the floor agenda. By credible counts across both parties, it had the votes to pass.

Nitish Kishor | 22 May 2026

Iran Holds Firm, Walmart Warns and Trump Blinks on AI: 7 Market-Moving Stories Investors Need to Know Today

Iran's Supreme Leader Ayatollah Mojtaba Khamenei issued a directive that near-weapons-grade uranium must not be sent abroad. Iran's deputy foreign minister restated Tehran's claims to sovereignty over the Strait of Hormuz, and a senior Iranian source confirmed no deal has been reached, with uranium …

Nitish Kishor | 22 May 2026

IBM Surges 12% as Anderon Launch Signals a New Chapter in Quantum Manufacturing

For much of 2026, IBM (NYSE:IBM) traded as though itsQuantum Computingprogramme was a long-datedLiabilityrather than a structural asset. Thursday's session reframed that narrative sharply. A single announcement, the formation of Anderon as a standalone quantum wafer foundry backed by $2 billion in combined public …

Nitish Kishor | 22 May 2026

Intuit Plunges 20% as TurboTax Slowdown and Workforce Cuts Rattle Investors

A 20% single-day decline in a large-cap software stock does not emerge from a revenue miss alone. It emerges when investors conclude that the problems revealed in aQuarterly Reportare not temporary but foundational. That is the analytical context in which Intuit's (Nasdaq:INTU) worst single-day …

Nitish Kishor | 22 May 2026

Iran Won't Send Uranium Abroad, Trump Says He'll Take It Anyway

Oil markets had spent three sessions pricing optimism. Two statements on Thursday collapsed it.

Nitish Kishor | 22 May 2026

Warsh Sworn In as Fed Chair Today Amid Rate Policy Crossroads

Kevin Warsh was sworn in as chair of the Federal Reserve on Friday at the White House, formally ending Jerome Powell's tenure at the top of the institution. Confirmed in a near party-line Senate vote on May 13, Warsh, 56, begins a four-year term …

Nitish Kishor | 22 May 2026

Oil Prices Seen Sustained Above $81 as Traders Bet on $100 Brent in 2026

Crude oil—both West Texas Intermediate (WTI, NYMEX: CL) and Brent (ICE: B)—remains the world’s most traded physicalCommodity, underpinning $2trn of annualUpstreamInvestmentand the fiscal health of petrostates from Riyadh to Moscow. As of May 21, 2026, the global market is valued at roughly $1.8trn in …

Anjali Anand | 21 May 2026

Wind and solar overtake gas power generation for the first time

For the first time on record, wind andSolar Energyhave overtaken gas-fired power generation in theEuropean Union, marking a structural inflection in the continent’s energy transition. According to Ember’s analysis of 2025 data, renewable sources supplied 39% of the EU’s electricity last year, edging past …

Anjali Anand | 21 May 2026

Yes, an EV really CAN power your home – if it’s one of these

For years, electric-vehicle (EV) owners have asked: *Can my car power my home?* The answer, until recently, was a qualified *maybe*—dependent on obscure hardware, finicky software, and a patchwork of regional rules. No longer. A wave of new vehicles—spearheaded by Nissan’s Ariya and Ford’s …

Anjali Anand | 21 May 2026

The Global Energy Crisis Is Driving Countries Back To Coal

The resurgence of coal is less a triumph of industrial nostalgia than a surrender to arithmetic. With spot liquefied natural gas (LNG) cargoes trading above $18 per million British thermal units—more than triple pre-crisis levels—the cost advantage of coal, at roughly $90 per tonne …

Anjali Anand | 21 May 2026
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