Tuesday's News Links

[CNBC] Nasdaq tumble led by tech stocks as Micron drops 9%; South Korea’s Kospi falls 10%: Live updates

[Reuters] South Korea's KOSPI plunges nearly 10% after regulator cautions on leveraged ETFs

[CNBC] Tech rout intensifies as sell-off grips global stocks

[Reuters] Oil inches down as investors focus on Hormuz flows after peace talks

[CNBC] Global M&A deal value on track to reach $4 trillion this year: PwC

[Yahoo/Bloomberg] Hormuz Traffic Picks Up as More Tankers Cross With Open Signals

[AP] The Strait of Hormuz’s future is unsettled even as more ships venture through

[AP] Pentagon seeks $80 billion from Congress for Iran war

[Yahoo/LAT] The other anti-data center movement: California's sky-high electricity prices

[Reuters] Mexican economy posts sharpest increase in five years in April

[Reuters] Putin says Ukrainian infrastructure attacks are an attempt to destabilise Russia

[Bloomberg] Looking Over Our Shoulder:’ Traders Are Loading Up on VIX Calls

[Bloomberg] Japan’s Five-Year Bond Sale Draws Soft Demand on Rate Hike Fears

[Bloomberg] China Pursues Austerity With First Fiscal Gap Cutback Since 2023

[Bloomberg] Removals Begin at Intelligence Office Under Trump Loyalist Pulte

[Bloomberg] ‘Super’ El Niño Risks Rise as Pacific Ocean Heat Soars

[Bloomberg] JPMorgan Says Extreme Heat Is Altering Energy Demand Patterns

[WSJ] Can the Market Still Bet on the ‘Greenspan Put’?

[WSJ] Top-Paid CEOs Smash the $200-Million Payday

[WSJ] Nonstop Trading, Loads of Leverage. How ‘Perp Futures’ Are Shaking Up Wall Street.

[WSJ] U.S. Bets Billions of Dollars in Low-Cost Loans Can Revive Nuclear Power

[FT] Apollo’s flagship private credit fund hit by 17% redemption requests

[FT] US and Iran give shipowners conflicting Hormuz orders

[FT] Kevin Warsh is throwing the reaction-function baby out with the dot-plot bathwater

[FT] Citadel: the hedge fund that became an energy giant

Monday Evening Links

[CNBC] Stock futures are little changed after tech sell-off drags down S&P 500: Live updates

[CNBC] Alphabet has its worst day in over a year on AI concerns after high-profile exits

[Yahoo/Reuters] Fed's Goolsbee says labor market stable, inflation going the wrong way

[Yahoo/Bloomberg] Iran Oil Waiver Offers Lifeline to Tehran as Talks Proceed

[Axios] Israel fears Trump is strengthening Iran's hand in Lebanon

[Bloomberg] Fed’s Goolsbee Says Too-High Inflation Is ‘Going the Wrong Way’

[WSJ] The Myth of Alan Greenspan as the ‘Maestro’

[FT] SpaceX sheds $400bn in market value as debut rally hits reverse

[FT] AI-powered threats may succeed ‘within months’, Five Eyes warns

Monday Afternoon Links

[CNBC] S&P 500 falls as Big Tech and SpaceX struggle: Live updates

[Yahoo/Bloomberg] Oil Declines After US-Iran Deal Progress, Sanctions Waiver

[Yahoo/Bloomberg] Iran Oil Waiver Offers Lifeline to Tehran as Talks Proceed

[Reuters] ECB not using neutral rate estimate to decide policy, Lagarde says

[Bloomberg] War, Inflation Can’t Stop ETFs’ Trillion-Dollar Inflow Boom

[Bloomberg] Greenspan’s Stumbles Hold Lessons for Warsh’s Fed

[Bloomberg] Greenspan’s Legacy: From Irrational Exuberance to 2008 Crisis

[Bloomberg] Heat Wave Lowers Rhine Levels, Straining Fuel Supply Chains

[NYT] Warsh Looks to Greenspan in Designing Approach to Fed Chairmanship

[WSJ] Trump Summons Munitions Makers as Worries Grow Over Low U.S. Stockpiles