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A group of Argentina fans said they were shot at while riding in an Uber to a World Cup match in Kansas City.

Trump has long criticized the deal Obama made with Iran, known as the JCPOA.

Both teams are led by veteran players in what could be their last World Cups.

In one sexually charged text, used by cops to build the case against her, one of Swain's adopted sons told her he wanted to sleep in her bed “again, just once," according to court docs.

The actor left behind specific instructions, insisting that his ex gets nothing.

The actor left behind specific instructions, insisting that his ex gets nothing.

Kenny Martin from “In the City” stopped by “Virtual Reali-Tea” to spill some tea! VRT co-hosts Danny Murphy and Evan Real had to ask him to clarify the “spark” comment that is shaking his relationship with Whitney Fransway — well, it seems the cast thought it would shake them more. He also dished how Whitney...

Kenny Martin from “In the City” stopped by “Virtual Reali-Tea” to spill some tea! VRT co-hosts Danny Murphy and Evan Real had to ask him to clarify the “spark” comment that is shaking his relationship with Whitney Fransway — well, it seems the cast thought it would shake them more. He also dished how Whitney...

"Early Signs Of A Turn In US Consumer Discretionary," UBS Says

Brent crude futures tumbled below the $80-per-barrel level earlier this morning for the first time since March as traders priced in the U.S.-Iran peace deal and the expected reopening of the Strait of Hormuz maritime chokepoint on Friday. Goldman Sachs and RBC Capital Markets both slashed their fourth-quarter Brent crude forecasts, reinforcing the view that the war-risk premium is rapidly deflating.

If oil has peaked, then inflation pressures may have peaked as well, a positive setup that could provide some tailwinds for consumers this summer through lower fuel costs.

Piper Sandler Chief Global Economist Nancy Lazar told clients, "If inflation has indeed peaked, that will boost real incomes (nominal incomes have been solid), a positive for both real consumer spending and housing, but don't expect robust growth in either."

On Monday, GasBuddy data showed the national average for gasoline slipped below the politically sensitive $4-per-gallon level for the first time in months.

We have outlined in countless notes (read here, here, here, and here) that gas prices above $4 forced consumers to trade down across retailers and, in some cases, to pull back on discretionary purchases altogether.

Pump prices are set to tumble further...

Now that energy prices are moving lower, consumer sentiment is likely to improve. UBS analyst Mark Paski told clients about "early signs of a turn in U.S. consumer discretionary."

Paski explained:

Fairly quiet day across the US consumer, despite the move lower in crude oil and rates following headlines over the weekend.

...

The risk/reward in consumer discretionary is beginning to shift from the doldrums seen as recently as two weeks ago. The SPDR S&P Retail ETF (XRT) versus front-month crude oil (CL1) suggests there is still further upside to the discretionary trade, given crude's move lower this morning. Lower yields should also provide incremental support.

Consumer staples were the second-best performing sector last week (behind materials), and I would expect some residual relief today—particularly within the household and personal care space.

Chart: SPDR S&P Retail ETF (XRT) 

That said, the CPI for energy is on track to slide for June. But consumers are not out of the woods yet. Months of elevated energy prices have already offset the rapidly fading tailwinds from tax cuts. And not to be the bearer of bad news, but one lagged effect of the energy shock could still show up on supermarket shelves later this year. 

Professional subscribers can read more on consumers at our new Marketdesk.ai portal.

Tyler Durden Wed, 06/17/2026 - 12:25

These pigeon-girl pairs are birds of a feather.

SpaceX “flippers” who sold shares immediately after the IPO are kicking themselves after the stock’s meteoric 50% rise – though early options trading shows many are doubtful the frenzy can last.

It's one of five penthouses at Lighthouse Beach Sixty-Seventh, a 12-story tower with 82 units at 141 Beach 67th St.

The country music star filed for divorce from the "Dumb Blonde" podcast host on May 18 — 10 days after they officially separated, Page Six confirmed.

The country music star filed for divorce from the "Dumb Blonde" podcast host on May 18 — 10 days after they officially separated, Page Six confirmed.

An expert confirmed, "It's not a misconception — mosquitoes are attracted to some people more than others."

An ESPN reporter has created a firestorm online after an eyebrow-raising take.

Sundar Pichai, Jensen Huang and Jack Clark share their advice with the BBC.

A source told Page Six, "The Knicks are bringing in the big guns!"

A source told Page Six, "The Knicks are bringing in the big guns!"

Snap's Goofy AR Glasses Underwhelm Wall Street After Decade-Long Development Push

Snap's new $2,195 augmented-reality glasses are being viewed by Wall Street analysts less as a mass-market consumer device and more as a developer kit, given the expensive price point.

We suspect Snap's new AR glasses are unlikely to compete with the Meta glasses in terms of mass adoption, as Meta's are half the cost, if not cheaper.

Evan Spiegel showing off the new Specs AR glasses to the public for the first time. pic.twitter.com/pCYBLU9xxH

— Nathie @ AWE (@NathieVR) June 16, 2026

"Earlier today, Evan Spiegel hosted a keynote presentation regarding the Fall '26 SPECS product release; while not entirely unsurprising, premium price point ($2,195) implies product built for 'early adopters', disappointing after a 10yr dev cycle," Wells Fargo tech analyst Alec Brondolo wrote in a note.

Brondolo's first take on the new AR glasses:

• SNAP announces a $2,195 price point for SPECS; to feature 51-degree field of view and four-hour battery life. While Specs price point compares favorably to HoloLens 2 & Vision Pro (both $3,500), it still positions the product with an 'early tech adopter' value prop, disappointing given the length of the dev cycle. Product compares favorably to META Orion prototype from our perspective; field of view smaller (Orion 70 degrees) but unlike META Orion, SPECS doesn't require a 'puck' compute device.
• Value proposition to focus on real-world utility; application layer to be driven by a third-party developer ecosystem. While several use cases were demo'd, we believe SPECS value prop to focus heavily on real-world utility (cooking, auto repair, training for sports, etc.). Snap envisions a robust third-party developer ecosystem, supported by agentic coding, will build experiences on Snap OS. Snap did not make SPECS available for product demos on the floor of the Augmented World Expo conference.
• Not anticipating SPECS to materialize as a meaningful near-term financial driver. We believe 100k units is a 'stretch goal' for the first generation of SPECS, implying $220M of revenue. Assuming 3yrs b/w generations, that further implies $75M of revs / year, or 1% accretion vs. SNAP 2026 consensus revenue; user base likely too small to monetize meaningfully in ads or subscriptions over the near term. While NT revenue pot'l limited, we do believe SPECS will be gross margin positive

In a separate note, Citizens analyst Andrew Boone said Snap's new glasses told clients, "Appears bulky and more akin to Apple's Vision Pro glasses than Meta's Meta Ray-Ban Display from a fashion perspective."

Boone described the new glasses as "more of a developer kit than a consumer product, as it is priced at $2,195."

B. Riley Securities analyst Naved Khan said, "While initial adoption is likely to be limited by the relatively high unit price ($2,195), we expect management will use the launch to further improve the product, with successive models becoming more affordable."

Bloomberg Intelligence analyst Mandeep Singh noted, "Snap's further expansion into hardware with new AR glasses priced at around $2,195 is unlikely to match adoption of Meta's Ray-Ban AR glasses," adding, "The latter's lower price point and proprietary large language model give it an advantage for deploying image generation and voice integration features, while Snap is likely to struggle to create an app ecosystem and agentic functionality."

Snap's release of its new AR glasses comes as Apple pushes deeper into smart glasses following the Vision Pro's failed launch. We have remained adamant that Meta is winning this race, with Ray-Ban smart glasses emerging as the clearest early consumer winner because of their price point. We have also explored the supply chain behind Meta's Ray-Ban glasses, which readers can revisit here.

Tyler Durden Wed, 06/17/2026 - 11:45