Wednesday Afternoon Links

[CNBC] S&P 500 turns red as chip sell-off returns ahead of Micron earnings: Live updates

[Bloomberg] Bitcoin Breaks $60,000 Again as Crypto’s Biggest Buyers Wobble

[Reuters] Brent hits lowest since before start of Iran war as more tankers exit Hormuz, easing supply

[Yahoo/Bloomberg] Hormuz Reopening Is Quickly Flooding Oil Markets With Supply

[Axios] Trump cancels housing affordability bill signing until SAVE Act is passed

[Axios] Trumponomics 2.0 throws out old globalization playbook

[Reuters] US air fares rose 4.7% in early 2026 as oil prices spiked

[Bloomberg] Iran and Oman to Coordinate Evacuations Through Hormuz, IMO Says

[Bloomberg] Fed’s Bowman Finalizes Moves to Reshape Bank-Supervision Unit

[Bloomberg] US New-Home Sales Unexpectedly Fall Amid High Mortgage Rates

[Bloomberg] Blackstone’s $343 Million Loan on Chicago Skyscraper Defaults

[Bloomberg] US Largest Grid Updates Emergency Plan as AI Stretches Capacity

[WSJ] Trump Abruptly Cancels Signing Ceremony for Bipartisan Housing Bill

[WSJ] What’s the State of Play in the Strait of Hormuz?

[WSJ] China’s Assertions of Authority Over Foreign Ships Near Taiwan Draw U.S. Rebuke

[FT] Everything is AI