Pressure of Truth
Exposing the spin on all sides of the news.

Finance

Developing

Asian Chip Stocks Rally on July 21 as Samsung, SK Hynix and TSMC Reverse Early-July AI-Chip Selloff

South Korea's Kospi and Taiwan's Taiex jumped Tuesday, recovering ground lost in a July selloff driven by doubts over AI spending, aided by strong recent earnings from U.S. memory maker Micron.

Jul 21, 2026 · 20 sources cited · ✓ fact-checked
Developing

War-Risk Insurance for Tankers in the Strait of Hormuz Jumps Again as U.S.-Iran Fighting Resumes

Marine insurers are quoting single-voyage war-risk rates as high as 10% of a ship's value after a mid-July collapse of the U.S.-Iran truce, raising the cost of moving oil through a waterway that carries roughly a fifth of the world's crude.

Jul 18, 2026 · 13 sources cited · ✓ fact-checked
Developing

Nasdaq Falls About 1.5% as Chip Selloff and Netflix's Weak Guidance Weigh on U.S. Stocks

A multi-day, mutually reinforcing retreat from AI and semiconductor shares across Asia and Wall Street culminated on July 16-17, 2026, in a U.S. selloff amplified by a soft third-quarter forecast from Netflix.

Jul 17, 2026 · 16 sources cited · ✓ fact-checked
Developing

Markets Swing as U.S. and Iran Trade Strikes Across the Gulf; Oil Climbs Anew, Gold Slips

Iran says it hit U.S.-linked bases in Bahrain and Kuwait after fresh American strikes on Iran; crude briefly topped $80 earlier in the week, eased, then climbed again toward $79 as the Gulf strikes landed, while gold fell for a second session and equity futures swung as investors gauged the odds of a wider war.

Jul 9, 2026 · 21 sources cited · ✓ fact-checked
Developing

June Employment Report Arrives Early as Fed Chair Warsh Says Inflation Is 'Too High' and Weighs a Rate Increase

The Labor Department released its June jobs data on July 2, a day ahead of the July 4 holiday, amid an unusual debate over whether the Federal Reserve will raise rates rather than cut them.

Jul 2, 2026 · 18 sources cited · ✓ fact-checked
Developing

House Panel Takes Up Bitcoin Reserve Bill a Day After Senate Blocks Crypto Market-Structure Bill 50-49

The House Financial Services Committee is marking up H.R. 8957 on Sept. 16; bitcoin, Coinbase and Circle all fell on Sept. 15 after the Senate's CLARITY Act cloture vote failed.

Sep 16, 2026 · 15 sources cited · ✓ fact-checked
Developing

Lennar Reports Third-Quarter Results the Same Day as the Fed's Rate Decision

Lennar releases fiscal third-quarter numbers after Wednesday's close, hours after the Federal Reserve's September 16 announcement. FedEx, sometimes grouped into this week's earnings coverage, does not report again until its fiscal first-quarter results on October 28.

Sep 16, 2026 · 22 sources cited · ✓ fact-checked

Baldwin Group Agrees to $32.50-a-Share Take-Private Deal Valued at $7.7 Billion With Sequence Holdings and Michael Dell's Family Office

The Tampa-based insurance brokerage said on September 14, 2026 that an entity formed by Sequence Holdings and DFO Management will buy a majority stake in an all-cash deal, with employees rolling over equity and closing targeted for the first quarter of 2027.

Sep 15, 2026 · 14 sources cited · ✓ fact-checked
Developing

Chip and AI Stocks Fall in Seoul, Tokyo and U.S. Premarket After Amodei, Altman and Musk Call for Slowing Frontier AI Development

Anthropic CEO Dario Amodei published an essay on Sept. 12, 2026 urging labs to "pace the frontier"; Sam Altman and Elon Musk backed it, and AI-linked shares fell on Monday, Sept. 14.

Sep 14, 2026 · 16 sources cited · ✓ fact-checked
Developing

SpaceX's Nasdaq-100 Weighting Set to Rise to About 2.8% From 1.3% in Sept. 21 Rebalance

Nasdaq's pro forma data show SpaceX's index weight more than doubling after lockup expirations expanded its tradable share count, a change analysts say will force billions in buying by funds that track the index.

Sep 13, 2026 · 21 sources cited · ✓ fact-checked
Developing

Dollar Index Ends Friday at 99.04 After Touching 99.36 on August Inflation Data

The dollar gave back an early pop on September 11 as August core inflation came in at 0.3% and traders weighed roughly even odds of a Federal Reserve rate increase on September 16.

Sep 12, 2026 · 15 sources cited · ✓ fact-checked

Oracle Reports 30% Revenue Growth and $664 Billion Backlog; Shares Close Down 1.7% After Intraday Rally

Oracle's fiscal first-quarter cloud-infrastructure sales rose 121% and its contracted backlog grew to $664 billion, while the stock gave up an early gain and closed lower on September 11.

Sep 12, 2026 · 26 sources cited · ✓ fact-checked