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US Warships that are actively in the Middle East or in transit - 23 ships.
Source: Negligible Capital
First US Banks Q1 earnings results are IN. Goldman Sachs $GS Delivers Massive Q1 2026 Beat!
GS just dropped its first-quarter results, and the numbers are impressive. With the stock currently moving 3.28%, here are the most important highlights you need to know: Net Revenues: $17.23 billion up 14% YoY and 28% vs. Q4 2025. Diluted EPS: $17.55, significantly outperforming last year's $14.12. Net Earnings: $5.63 billion for the quarter. Segment Performance: Global Banking & Markets: A powerhouse quarter with $12.74 billion in revenue (+19% YoY). Investment Banking Fees: Surged 48% to $2.84 billion, fueled by a major comeback in M&A Advisory. Equities: Jumped 27% to $5.33 billion, driven by record-level financing and intermediation. Asset & Wealth Management: Solid growth with $4.08 billion in revenue (+10% YoY). Source: Hataf Capital
Amazon has spent more building out its business over the past 3 years than in the previous 26 combined.
Source: Hedgeye
+1300% in a year, easy to think the move is done.
But as Bloomberg highlights, the Breakwave Tanker Shipping ETF (BWET) reflects deeper forces. Even before the conflict: - Aging fleet - Tight capacity - Sanctions limiting supply ➡️ The war accelerated existing trends. Now the question isn’t how far it’s gone, but what’s changed. Structural tightness remains: - Longer, more complex trade routes - Sourcing shifting farther away - Rising demand for shipping capacity ➡️ That’s why gains may not fully unwind, even with peace. As John K. notes: the story may shift from war-driven to fundamentally driven. The fundamentals still point to persistence. Source. Bloomberg
The oil shock's impact on global inflation is likely to be temporary and short-lived.
Source: Bloomberg
Google searches for "price of oil" just hit a record high: 300% above the 2022 Russia-Ukraine war peak and the 2008 financial crisis combined.
20 years of data. Every war, every crash, every crisis... all dwarfed by a single vertical line in 2026. The whole world is watching the pump. Source: Arbor Research, Mario Nawfal on X
Weekend negotiations in one cartoon
Source: Guy Venables
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