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08.10.26 - 15:42
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Futures Slide As Oil Jumps On Iran Strike Report, Bond Rout Resumes Ahead Of 30Y Auction (ZeroHedge)
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Futures Slide As Oil Jumps On Iran Strike Report, Bond Rout Resumes Ahead Of 30Y Auction
US equity futures are lower, extending Wednesday's decline, with the S&P sliding further from Tuesday's record high as oil spikes on reports that Trump may order fresh strikes on Iran before the midterms, a tanker was hit off Qatar in the first strike deep inside the Persian Gulf in about a month, and an approaching storm has shut some US output; as a result the global bond rout picks up where it left off with 10Y yields hitting 5.35%. As of 8:00 am ET, S&P futures are 0.4% lower at 7,820 and Nasdaq futures are down 0.5%, while Dow and Russell futures are both down 0.8%. This follows a session in which the S&P (-0.2%) slipped from its record, almost three-quarters of the index fell and the Russell 2000 (-1.3%) sank to a 4-month low. In premarket trading, Tesla and Nvidia underperform their Mag 7 peers as chip, growth and AI-related stocks trend lower, while Microsoft and Apple edge higher; Defensives lea...
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08.10.26 - 15:06
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Factory Announces Connor Maloney as Head of Federal (Business Wire)
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SAN FRANCISCO--(BUSINESS WIRE)--Factory, the global leader in self-improving software development, announced today that Connor Maloney joined as Head of Federal to lead the company's expansion into the public sector.
Maloney joins Factory after serving as Vice President of Federal at Rubrik. His experience gives him a clear understanding of how agencies assess new technology, how to build partnerships that last, and what's at stake for the people those agencies serve. He began his career as a Federal Civilian Program Manager at the Department of War before moving into industry to build and lead teams at ServiceNow and DataRobot.
“Federal agencies need both cutting-edge software capabilities and the ability to access them in the most secure, regulated environments,” said Maloney. “Factory is built from the ground up to meet the needs of modern commercial and defense software engineering teams and is a step change in ability at a critical time.”
Factory is reshaping how organizations like NVIDIA, ...
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