Houthi missile and drone deployments raise Red Sea shipping risk
A U.S. Navy-led maritime center said the Houthis had prepared attacks near Bab el-Mandeb after declaring an embargo on Saudi shipp...
By Marcus V. Thorne 2 months agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
AMD to invest up to $5bn in Anthropic under AI chip partnership
Anthropic plans to use AMD Instinct MI450 GPUs at gigawatt scale as AI groups race to secure scarce computing capacity.
By Marcus V. Thorne 2 months ago
Knox Lane buys Cross Country Healthcare and separates locums unit
PE Hub reported that Knox Lane acquired Cross Country Healthcare, with its locums division going to Knox Lane portfolio company Al...
By Marcus V. Thorne 2 months ago
Madison River Capital backs Miami contractor Pro-Max
The private investment firm invested in Pro-Max, a Miami provider of repair, restoration, painting and roofing services, according...
By Marcus V. Thorne 2 months ago
Samsung sets out smart glasses features in challenge to Meta
Samsung’s planned smart glasses will include a camera, phone tethering and AI-assisted summaries as it enters a market led by Meta...
By Marcus V. Thorne 2 months ago
Oil rises as US-Iran conflict puts Hormuz supply route in focus
Brent traded above $93 after further U.S. strikes on Iran, with investors weighing energy supply risks and implications for Fed po...
By Marcus V. Thorne 2 months ago
Zelenskyy replaces army chief after protests over defense reshuffle
Ukraine’s president named Mykhailo Drapatyi to lead the armed forces and offered ex-defense minister Mykhailo Fedorov a new senior...
By Marcus V. Thorne 2 months ago
Trump threat brings Iran’s Pickaxe Mountain nuclear site into focus
The underground facility near Natanz has become a new flashpoint as U.S. strikes target Iran and Hormuz shipping remains under pre...
By Marcus V. Thorne 2 months ago
Capital One beats estimates as deal costs keep focus on integration
Capital One topped second-quarter revenue and profit forecasts, but rising expenses kept attention on the timing of benefits from...
By Marcus V. Thorne 2 months ago
3M targets AI data centers with faster fiber-optic connections
CEO Bill Brown told CNBC that 3M’s expanded beam optical technology could grow as hyperscalers shift AI data centers from copper t...
By Marcus V. Thorne 2 months ago
Rubio says Iran’s Hormuz stance risks wider shipping precedent
The U.S. secretary of state said Washington remains open to talks as Central Command struck Iranian military targets for an 11th n...
By Marcus V. Thorne 2 months ago
Fed sought access to Anthropic AI model after bank cyber warning
The Federal Reserve lacked access for at least three months to Anthropic’s Claude Mythos Preview after warning major banks about c...
By Marcus V. Thorne 2 months ago