Tuesday Evening Links

[CNBC] Stock futures are little changed as investors gear up for more earnings: Live updates

[AP] A new threat by Yemen’s Houthis could widen the Iran war and put another trade chokepoint at risk

[AP] Live updates: Hegseth estimates Iran war has cost $37.5B so far during Senate testimony

[Yahoo/Bloomberg] US Set to Impose New Tariffs by Friday With Stopgap to Expire

[Yahoo/Bloomberg] Senators Question ‘Insider’ Access to Trump Truth Social Posts

[Bloomberg] Yen Slides Past 163 Mark to Fresh Four-Decade Low Against Dollar

[NYT] A Houthi Blockade Could Worsen an Already Fragile Oil Market

[WSJ] War Risk to Oil Supplies Grows With Red and Black Sea Disruptions

[WSJ] White House to Redirect Billions in Research Funds Toward AI, Away From Colleges

[FT] Donald Trump vows to attack Iranian nuclear facility as Middle East war escalates

[FT] US Treasury sends warning to hedge funds over ‘tax alpha’ strategies

Tuesday Afternoon Links

[Reuters] Wall St gains on chip stocks recovery; earnings draw focus

[Reuters] Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat

[Reuters] Tankers with Saudi crude turn back as Houthis open new front in US-Iran war

[Axios] Trump vows U.S. will soon bomb Iran's Pickaxe Mountain

[Axios] Trump employs unused law in new tariff playbook

[Reuters] Developed market debt to hit record $75.8 trillion as shocks and spending pressures mount, Fitch says

[Semafor] Concerns grow over AI giants’ hidden debts

[The Atlantic] The AI Bubble Is No Ordinary Bubble

[Bloomberg] Trump Plays Down Prospects for Iran Talks Amid Red Sea Threat

[NYT] Oil Buyers Battered by the Iran War Energy Crisis Race to Build Buffers

[WSJ] CoreWeave’s AI-Native Cloud Faces the Storm

[FT] IEA warns of risk to energy supplies from escalation of Iran conflict