Zero Hedge

Rumor circulating that Greece may default as early as this weekend. Seeing Yen crosses higher.

ZeroHedge has been kind enough to post that the CME Group (NYSE: CME) is raising margins on the various oil contracts. The margin for Nymex crude oil will go $6,750 per contract, up from $6,075 per contract. Heating oil margins rise to $6,413 from $5,063, and gasoline rises to $6,750 from $5,400....

Nomura Securities certainly thinks so. If the geopolitical unrest extends for any period of time, and WikiLeaks is proven right that Saudi Arabia has grossly overstated its proven reserves, then analyst Michael Lo believes we could see $220 per barrel relatively soon. Lo writes: "In order to...

A tweet from ZeroHedge says that an Italian source says that OPEC is considering extraordinary meeting to raise oil output following Libyan unrest. If this were to happen, oil prices could see some pressure, and oil ETFs such as United States Oil Fund LP ETF (NYSE: USO) and United States Brent Oil...

Apple Inc. (NASDAQ: AAPL) shares just started plunging for no apparent reason. Zero Hedge tweeted that there are rumors running around about Steve Jobs, but did not say what the specific rumors are. Shares were fractionally higher before the sharp sell off. At last check, shares were off $5.47 to...

According to Paul Tudor Jones's PR firm, Mr. Jones did not make any calls on the S&P 500 or bonds. A call was placed to Abernathy MacGregor, the public relations firm by Zero Hedge and that was the response given. Earlier, Doug Kass had tweeted that he was hearing that Paul Tudor Jones had...

According to a tweet from Zero Hedge, the U.S. Postal Service will not be making its $5.5 billion retiree payment on September 30, 2011 in full. The United States Postal Service is undergoing a major restructuring, as it seeks to shed thousands of employees, while it deals with falling mail volumes...

According to a tweet from Zero Hedge, Russia's chief investigator says the blast that occurred at Moscow's Domodedovo airport this morning is indeed a terrorist attack. This news comes from the Interfax News Agency. Stay with Benzinga as we cover this story today.

Telestone Technologies (NASDAQ: TSTC) is plummeting on the back of a Zero Hedge piece, which compares the company to RINO, which is a Chinese reverse merger, that has had plenty of scandal and speculation around the company. An earlier Benzinga article did not have the reason for the move, but it...

Zero Hedge just tweeted that the Bank of Japan may increase its asset purchases if the economy doesn't get better. So far, this is a positive for the U.S. dollar, as it weakens the Japanese yen.

Zero Hedge just tweeted that there is a market rumor of a large fund selling its E-mini S&P 500 contracts, in a large amount. Stocks are well off their highs with all three broader indexes struggling to hold onto their gains.

Zero Hedge just tweeted that Amazon.com (NASDAQ: AMZN) has stopped hosting WikiLeaks website. The news was first reported by Reuters. WikiLeaks has come under much public attention lately, as the company recently disclosed a series of confidential government documents. It will also be releasing...

In a tweet from Zero Hedge, BP (NYSE: BP) is going to be cutting 10% of its energy trading unit in London. Zero Hedge cites sources. Shares of BP is off 49 cents to $40.10, a loss of 1.2%.

In a tweet from Zerohedge, there is a report from the Wall Street Journal saying that major hedge funds, Diamondback and Level Global have been raided. Both of these funds are run by former managers at SAC Capital.