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SpaceX Issues Senior Unsecured Notes Following Record IPO, Reveals $100.8 Billion Cash Reserves

In a strategic financial maneuver, SpaceX has rolled out an offering of senior unsecured notes. This announcement comes shortly after the company made headlines with a record-setting initial public offering. By opting for this type of debt issuance, SpaceX aims to enhance its liquidity …

Nitish Kishor | 22 June 2026

Alphabet (NASDAQ: GOOGL) AI Talent Crisis: When Researcher Departures Become a Structural Valuation Risk

The structural risk is that Alphabet's competitive moat in AI, which rests more on research talent and compute scale than on proprietary data or network effects alone, is being eroded at a pace that discounted cash flow models do not adequately reflect. The twelve …

Nitish Kishor | 22 June 2026

Pentagon Seeks $80 Billion for Defense (NYSE: LMT) Spending

The Pentagon has submitted an $80 billion funding request to U.S. Lawmakers, targeting military operations and strategic preparedness. The proposal reflects growing concerns over regional conflicts. Analysts view the request as a signal of intensified defense priorities amid shifting global threats.

Nitish Kishor | 22 June 2026

US Allows Iran to Sell Oil in Dollars for First Time in Decades After Peace Talks Progress

The authorisation follows senior US official confirmation that Iran has committed to the fourteen-point conditions outlined in the June 17 memorandum signed at Versailles, including allowing nuclear inspectors to re-enter and maintaining Strait of Hormuz access. The move represents a structural change in the …

Nitish Kishor | 22 June 2026

Fed Hawkishness Under Warsh: What Three Rate Hikes in 2026 Would Mean for Equity Valuations

A 75-basis-point cumulative tightening cycle in the second half of the year would mechanically compress the present value of terminal earnings for long-duration growth equities and apply upward pressure on investment-grade corporate credit spreads, which have narrowed to historically tight levels. The transmission effect …

Nitish Kishor | 22 June 2026

Greenspan Playbook Set for Replay Under Warsh as Fed Philosophy Shifts to Inflation Discipline

Warsh's emphasis on price stability over growth management is a structural break from the put-option approach to monetary policy that defined much of the 1990s and 2000s. Scenarios of up to 75 basis points of tightening in the second half of 2026 have not …

Nitish Kishor | 22 June 2026

Alan Greenspan, Former Federal Reserve Chairman Who Shaped US Monetary Policy, Dies at 100

Greenspan's tenure spanned the Black Monday crash, the dot-com bubble, and the post-September 11 economic shock, with each episode met by monetary accommodation that reinforced markets' expectation of a central bank backstop. Critics later argued this posture allowed systemic leverage and asset price inflation …

Nitish Kishor | 22 June 2026

Iran and US Reach Accord on Path to Comprehensive Agreement, Pledge to Halt Lebanon Hostilities

The US and Iran have made a significant breakthrough in their negotiations, agreeing on a roadmap. This development is a result of diplomatic efforts to resolve the ongoing tensions between the two countries. The agreement is a crucial step towards a peaceful resolution.

Nitish Kishor | 22 June 2026

Keir Starmer Resigns as UK Prime Minister, Triggering Leadership Contest Amid Political Turmoil

Keir Starmer’s resignation as UK prime minister marks a sudden shift in British politics, leaving the party scrambling to stabilise its leadership. The move follows a period of heightened scrutiny over domestic policy and economic management, with investors closely watching the transition. Analysts suggest …

Nitish Kishor | 22 June 2026

US Allows Iran to Sell Oil in Dollars for First Time in Decades After Peace Talks ProgressThe US Treasury Department has authorised Iranian crude oil sales in US dollars through August, marking the first time in decades that Iran has been permitted to transact in the dollar-denominated global oil market. Key Highlights • The Treasury authorised dollar-denominated Iranian oil sales through August following Iran's agreement on nuclear inspections. • Brent crude fell over 3% to approximately $77.40, with WTI settling near $73.73 on the supply implications. • The move marks a significant shift in the sanctions architecture, introducing new complexity for global oil pricing. The authorisation follows senior US official confirmation that Iran has committed to the fourteen-point conditions outlined in the June 17 memorandum signed at Versailles, including allowing nuclear inspectors to re-enter and maintaining Strait of Hormuz access. The move represents a structural change in the sanctions architecture that had effectively locked Iranian crude out of dollar-denominated settlement since the conflict began in February. The speed at which Iranian barrels re-enter the market will depend on logistics, storage availability, and buyer appetite at current price levels. The single-session crude decline reflects the extent to which war risk premium had been sustaining prices above underlying supply-demand fundamentals. Dollar strength and Treasury yields may face additional pressure if the diplomatic track continues to progress, as dollar-denominated oil settlement increases global demand for US currency while simultaneously reducing energy market disruption risk for the broader economy.

The authorisation follows senior US official confirmation that Iran has committed to the fourteen-point conditions outlined in the June 17 memorandum signed at Versailles, including allowing nuclear inspectors to re-enter and maintaining Strait of Hormuz access. The move represents a structural change in the …

Nitish Kishor | 22 June 2026
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