CL Bahrain and Kuwait woke up this morning as the newest stops on Iran's itinerary, hours after Washington declared the ceasefire finished business. The White House has now promised to hit Tehran again tonight. One way to describe a ceasefire: the part where everyone agrees to stop, right up until they don't.-- CL

MB Institutions spent Thursday explaining themselves in two directions at once. Washington called the Iran ceasefire over hours after insisting it was holding, Hong Kong's health minister called an embryo mix-up unusual only after the clinic had sat on it for months, and the exchange celebrated a 92 percent IPO surge the same week it pulled a listing for missing paperwork. Control gets announced right before it goes.-- MB