Thursday Afternoon Links

[AP] Cisco leads Wall Street to more records and the Dow back to 50,000

[Yahoo/Bloomberg] Oil Steady After Trump-Xi Talks as Iran War Remains in Limbo

[CNBC] Ford surges nearly 20% in two days. It might be an AI 'meme' stock after energy pivot

[CNBC] Bond market believes Fed behind the curve on inflation as Warsh takes over

[CNBC] Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO

[Yahoo/Bloomberg] Hormuz Oil Flows Creep Higher as More Supertankers Exit

[Yahoo/Reuters] US business inventories post biggest gain in nearly four years in March

[Yahoo/Bloomberg] Cuba Runs Out of Fuel, Plunging Country Into Darkness and Protests

[Bloomberg] The Energy Crisis Is Becoming a Currency Crisis

[Bloomberg] Apollo’s Insurance Unit Is FHLB System’s Third-Biggest Borrower

[Bloomberg] Oil Flows Through Hormuz Creep Higher as More Supertankers Exit

[Bloomberg] US Import and Export Prices Jump Most Since 2022 on Fuel Costs

[Bloomberg] Private Credit BDC Redemptions Exceed Fundraising for First Time

[Bloomberg] BOE’s Pill Says Strong Iran Price Pressures Warrant Rate Rise

[Bloomberg] Buybacks, Revamps, Deals: Firms Dig Deep to Fix Problem Private Credit Funds

[WSJ] Iran War Saps Money From Other Pentagon Needs, Leaders Warn