Iran’s Missile Math: $20,000 Drones Take on $4 Million Patriots

Mar 2, 2026 | Markets

Which side runs out of munitions first could determine the outcome of the war.  Just three days into the conflict, the Iran war has become attritional. Waves of drone attacks by the Islamic Republic are putting pressure on the defenses of the US and its partners from...

Dimon Warns Higher Inflation Risks Being ‘Skunk at a Party’ for US Economy

Mar 2, 2026 | Markets

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned that inflation could become a “skunk at a party” for the US economy. “There’s some risk there’s more inflation than people think, and that could be like a skunk at a party if that ever happens,” Dimon...

Amazon’s Extreme AI Spending Sends Stock to Worst Month in Years

Mar 2, 2026 | Markets

Amazon.com Inc. may be a leader in the artificial intelligence race, but investors are increasingly unwilling to pay up for the cost of maintaining that position. Shares of the e-commerce and cloud computing giant plunged 12% in February, their worst month since...

Missiles Seen Over Abu Dhabi Financial Hub Dent Safe Haven Image

Feb 28, 2026 | Markets

The United Arab Emirates’ twin hubs of Dubai and Abu Dhabi, as well as Qatar’s capital Doha, have transformed themselves into global financial centres built on a bedrock of safety, stability and proximity to deep pools of capital. Iran’s attacks on Saturday came as a...

Bank Shares Walloped by More AI and ‘Cockroach’ Credit Woes

Feb 27, 2026 | Markets, Private Credit

Financial firms ended February where they spent much of the month: enduring another dizzying blow from the threat of artificial intelligence and grappling with signs those cockroaches Jamie Dimon warned about in the world of private credit are starting to scurry. The...

SpaceX Weighs Confidential IPO Filing as Soon as March

Feb 27, 2026 | Markets

SpaceX is targeting filing confidentially for an initial public offering as soon as next month, according to people familiar with the matter, as billionaire Elon Musk’s rocket and satellite company moves forward with plans for the biggest-ever listing. The Starbase,...