SpaceX Rebounds From Near-50% Rout As Starship Launch Catalyst Nears SpaceX has slipped below its heavily hyped $135 IPO price and has been nearly halved from its all-time high, which was reached during the June 15 gamma squeeze that briefly sent shares above $220 in overnight trading. Last Thursday’s scrub of Starship’s 13th test flight added further downward pressure, with shares touching $119 on Monday. The stock rebounded on […]

Coinbase Exec Says Clarity Act Has ‘Tremendous Momentum’ In The Senate Authored by Micah Zimmerman via BitcoinMagazine.com, Coinbase Vice Chair Ryan VanGrack said the Clarity Act has gained “tremendous momentum” in the Senate, in a CNBC “Squawk Box” appearance that made the case for a federal crypto framework and touched on bitcoin, blockchain, and the industry’s uneasy truce with Wall Street. VanGrack, a former […]

Chaotic Bodycam Video Shows Trans Florida Student Confront Cop Over ‘Misgendering’ Before Arrest Newly released police bodycam video shows a University of Central Florida student confronting a campus officer over pronouns before being pepper-sprayed, tased, and taken away in handcuffs. The footage shows Jarrett Vick, a 27-year-old blue-haired UCF student from Treasure Island, Florida, shouting at an officer who had arrived at a […]

Appeals Court Upholds Ruling Allowing Release Of Biden Audio Tapes Authored by Zachary Stieber via The Epoch Times, A federal appeals court on July 20 ruled against former President Joe Biden, finding that he was not entitled to an injunction blocking the release of audio recordings and transcripts of his interviews with his memoir’s ghostwriter. “Biden has not shown a likelihood of success on the merits,” Circuit Judges […]

Convicted Illegal Migrant Murderer Sues Trump Over “Emotional Distress” The entitlement never stops, even when illegal migrants are convicted of murder and thrown in prison, they still expect free stuff and access to the American Dream. Brandon Ortiz-Vite, a Mexican national who was living in the U.S. illegally, was convicted of the 2024 murder of his girlfriend, Ruby Garcia, in Grand Rapids, Michigan. He pleaded guilty to […]

Meanwhile, In Dearborn, Michigan… Authored by Steve Watson via Modernity News, A viral video from inside a Home Depot in Dearborn, Michigan shows department signs for the likes of Appliances, Paint, Plumbing now carrying Arabic script alongside the English. This is not some minor accessibility tweak. It is another clear marker of demographic transformation in a city where Middle Eastern and North African ancestry already […]

These Chips Are Scorching Hot: Utz Soars 90% On Take-Private Deal Chips are scorching hot on Tuesday, but not the kind made by Nvidia, AMD or Intel. Shares of Utz Brands, the Hanover, Pennsylvania-based snack maker known for its potato chips, cheese balls and red-and-white “Little Utz Girl” logo, erupted after European snack giant Intersnack agreed to take the company private. Utz Brands surged 90% after European snack maker […]

Kimi, Crude, & Carney: Rabobank Sums Up The Geopolitical Chaos Authored by Molly Schwartz, Rabobank cross-asset macro strategist, Trading Playbooks The advancement of one of China’s AI models, Kimi, has sharpened attention on the latest US plans to counter China’s growing AI challenge. Kimi is reportedly more powerful than several US flagship models, though not yet as powerful what lies on the frontier. However, Kimi […]

Feds Flagged Daszak As ‘An Extremely High Person Of Interest’ – Then The FBI Told Them To Stand Down Customs officers spent three days building a border examination for the man at the center of the COVID origins fight – until Biden’s FBI put a stop to it with a single email.  On February 2, 2021, a national targeting security specialist at U.S. Customs and Border Protection’s National Targeting Center circulated a referral to […]

Trump Eyes Pickaxe Mountain Nuclear Site Heavy Strikes: “Iran Hasn’t Seen Anything Yet, We’ve Been Nice” Summary Shipping disruption: Houthi threats forced two Saudi oil tankers to turn around in the Red Sea as Hormuz traffic slowed sharply after more tanker attacks. Escalation in Gulf: Iran claimed strikes on infrastructure in Bahrain, Kuwait, and Jordan, while Kuwait reported a second day of attacks on power and desalination […]

Trump Reaches For A 1930 Tariff Law To Hit Canada With 50% Duties – But Not On These Items President Donald Trump signed three proclamations Monday imposing an additional 50 percent tariff on a broad list of Canadian goods, accusing Canada of discriminating against American dairy, alcohol, and auto exports. The White House said the president was acting to hold Canada accountable for what it called “continued discrimination” against […]

Goldman Warns Brent Could Top $120 If Gulf Chokepoint Crisis Deepens Brent crude futures are trading in the low $90s as the Gulf area escalation enters a tenth consecutive day. Iran attacked a tanker in the Strait of Hormuz, while two tankers carrying Saudi crude reversed course in the southern Red Sea after warnings from Iran-backed Houthi forces placed another critical maritime chokepoint under threat. For more color on energy […]

Why Retail Traders Consistently Underperform Over Time Authored by Lance Roberts via RealInvestmentAdvice.com, Decades of data across global markets reach the same verdict: the more frequently retail traders trade, the worse they perform. The infrastructure has never been more inviting. The losses have never been more documented. Here are some key statistics we will dive into further. Retail traders have never had it so easy. […]

ASP Isotopes Targets America’s Uranium Conversion Chokepoint ASP Isotopes announced Tuesday that its Quantum Leap Energy subsidiary signed a research agreement with the Texas A&M Engineering Experiment Station to advance and de-risk the commercial production of uranium hexafluoride, or UF6. The work will focus on gathering data on the reactions used to convert uranium concentrate (yellowcake or U3O8) into UF6. The research is […]

Kidnapping Is Not A ‘Violent Felony’: Appeals Court Voids Two More Whitmer Plot Convictions A Michigan Court of Appeals panel on July 20 vacated the convictions of Pete Musico and Paul Bellar, two men a jury found guilty in 2022 of providing material support for an act of terrorism over their connection to the alleged 2020 plot to kidnap Governor Gretchen Whitmer.  Michigan Gov. Gretchen Whitmer speaks at an event in National […]

Most Adults Can Safely Drink Up To 5 Cups Of Coffee A Day: American Heart Association Authored by Zachary Stieber via The Epoch Times, Most adults can safely drink five cups of coffee a day, according to the American Heart Association. The organization said in a July 20 statement that synthesizes research on caffeine that the latest studies indicate that for most adults, consuming up to 400 milligrams of caffeine a day – or up to […]

Border Patrol Records 14 Straight Months Of Zero Releases At Southern Border Authored by Naveen Athrappully via The Epoch Times, The U.S. Border Patrol released zero illegal immigrants into the United States from the southern border for the 14th consecutive month in June. Border enforcement is at “historic levels,” and illegal crossings last month remained significantly low, Customs and Border Protection (CBP) said in a July […]

GLP-1 Fight: Novo Sues Eli Lilly Over Nationwide “Deceptive Advertising” Campaign Novo Nordisk wrote in a press release that it is suing GLP-1 rival Eli Lilly in federal court in New Jersey, alleging nationwide “deceptive advertising” for Zepbound and Mounjaro. The company claims Lilly misleads consumers by comparing Lilly’s highest doses with lower doses of Novo’s Wegovy and Ozempic. Novo claims Lilly’s Zepbound advertising […]

“Demand Remains Strong”: GM Beats Expectations, Lifts Guidance For Second Time GM beat Wall Street’s second-quarter expectations on Tuesday, posting adjusted earnings of $3.57 per share on $48.03 billion in revenue as profitability improved despite softer vehicle sales. Adjusted EBIT reached $3.94 billion, up from $3.0 billion a year earlier, helped by lower tariff-related costs and stronger operating performance, according to Yahoo […]

Domino’s US Sale Growth Hits Five-Quarter Low As Budget Diners Pull Back Domino’s Pizza posted its softest US comparable-sales growth in five quarters as inflation and the national average price for regular gasoline above $4 a gallon pressured working-poor consumers. Second-quarter same-store sales rose a measly .1%, in line with estimates but trailing the growth expected across much of the quick-service restaurant industry (QSR). […]

Kazakhstan Stops Piping Oil To Black Sea After Spate Of Ukraine Drone Tanker Strikes Update(0803ET): This development certainly isn’t going to help global oil prices stay down… Following a drone attack out of Ukraine days ago on the Caspian ​Pipeline Consortium (CPC) terminal along the Black Sea Coast, Kazakhstan has newly confirmed a halt crude transfers there. “Kazakhstan is set to stop piping crude to a port on Russia’s […]

Futures Jump As Chipmakers Surge After Japan , Korea Bounce US stock futures are higher led by Tech after a strong bounce in chip stocks in Japan (memory stock Kioxia traded limit up after trading limit down on Friday and Monday was a holiday) and Korea, as evidence mounts that Momentum / Semis pullback have bottomed, with supportive price action elsewhere in Asia and Europe, though the JPM EU Trading Desk is not yet seeing […]

The Democrats’ Financial Situation Appears To Be Worse Than Previously Known The Democratic Party’s money problems have been an open secret for months. Federal Election Commission filings from around six months ago showed the Democratic National Committee entering the final stretch of last year with barely $12 million in its campaign account and nearly $16 million in debt, most of it stemming from a loan the committee took out the […]

Gold & Tech: How The Whales Trick The Retail Plankton Authored by Matthew Piepenburg via VonGreyerz.gold, Never in my 30+ years in the markets have I seen a monetary, precious metal and risk-asset setup more obvious yet more deliberately ignored than today. Below, we look at the converging signposts screaming from the tech/AI sector and the equally obvious (yet deliberately downplayed) signals from a precious metals market […]

Blackstone Just Made A Physical AI Bet On Actuator-Maker Powering Humanoid Robots Blackstone, the world’s largest alternative asset manager, is making a big investment in Futronic, a 33-year-old automotive supplier whose motion-control technology has been adapted for industrial and humanoid robots, according to Reuters. The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person with […]