Politics Tucker Carlson: Trump Should Be Removed From Office ‘Immediately’ Tucker Carlson said President Trump should be removed from office immediately if he is weighing a nuclear first strike against Iran, escalating a public feud with the White House.
AI Sanders, Casar Introduce Bill to Ban Superintelligent AI Sanders and Casar introduced the Ban Artificial Superintelligence Act, which would pause advanced AI development, ban superintelligent systems, and threaten violators with up to 20 years in prison.
AI Kansas Cities Sue Residents to Block Data Center Petitions Edgerton, El Dorado, and Emporia are suing their own residents to block citizen petitions restricting data centers, escalating a permitting fight that could ripple through hyperscaler capex timelines.
Markets House GOP Cuts September Session Short Ahead of Midterms House Republican leaders have canceled the last two weeks of their September legislative session, sending members home early to campaign for the November midterm elections. This move significantly curtails legislative activity, potentially delaying key bills like the CLARITY Act.
Politics US Mint Rolls Out $1 Gold-Colored Trump Coin for America's 250th The US Mint has begun selling $1 gold-colored coins featuring President Trump's face to mark America's 250th birthday, with prices from $1.55 to $2.44 per coin and no actual gold content.
Politics Trump: Too Many Non-Working Holidays in America, Costing Billions Trump used a Juneteenth Truth Social post to argue the US has too many non-working holidays, claiming closures cost billions. Here is the market angle and the tickers most exposed to any calendar change.
Tech Amazon Warns NYC Delivery Bill Could Slow Shipping, Add $664/Year Amazon warns NYC’s proposed Delivery Protection Act could slow shipping, add $664 a year in delivery costs per household, and push AMZN to relocate facilities out of the city.
Politics Trump Teleprompter Operator Banned From Prediction Markets, Fined $172K Trump's teleprompter operator Gabriel Perez was banned from prediction markets for three years and ordered to pay $172,539 after the CFTC found he used advance speech access to trade Kalshi mention markets.
Markets Duffy: Chinese Cars Will Not Be Sold in America US Transportation Secretary Sean Duffy has said Chinese cars will not be sold in America, warning Canada will regret opening its market to Chinese EVs.
AI EU Designates ChatGPT as a Very Large Online Search Engine Under DSA The European Commission has designated ChatGPT as a Very Large Online Search Engine under the DSA, the first AI chatbot to earn the label. OpenAI has four months to comply with added obligations.
Tech Silicon Valley Execs Limit Their Own Kids’ Screen Time, Per NYT Per NYT, Silicon Valley executives including Peter Thiel, Evan Spiegel, and Adam Mosseri are limiting their own kids to as little as 90 minutes of screen time a week and delaying smartphones. Regulatory risk lingers for META, SNAP, and GOOGL.
Tech Cities Are Dumping Flock Safety Contracts at a Record Pace in August Flock Safety is losing city contracts at a record pace, with 90 jurisdictions cancelling in August alone. Here are the tickers and themes traders should be watching.
Tech Google Maps Renames Lake Ontario to ‘Lake America’ for U.S. Users Google Maps has renamed Lake Ontario to ‘Lake America’ for U.S. users following Trump’s executive order, amid a widening tariff fight with Canada. Apple Maps has not followed suit.
Banks Judge Approves Bank of America's $72.5M Epstein Victims Settlement A federal judge approved Bank of America's $72.5 million settlement with Jeffrey Epstein's victims, making BAC the third major bank to publicly settle after JPMorgan and Deutsche Bank.
Politics Sanders to Introduce Bill Banning Flock Surveillance Cameras Senator Bernie Sanders announced plans to introduce legislation banning Flock Safety's AI-powered license plate reader cameras. The move targets the $8.4 billion private surveillance company amid growing privacy concerns over mass data collection.
Markets BofA's Hartnett: Stocks Face 10%+ Drop if Democrats Take Senate Bank of America's Michael Hartnett warns that U.S. stocks could fall over 10% if Democrats take control of the Senate in the upcoming November midterm elections. This forecast is based on potential impacts to financial deregulation and AI capital expenditure policies, challenging the market's…
Geopolitics Trump’s Iran war drives US Navy into cash crunch, payroll raided The US Navy is transferring money from payroll and other accounts to cover the cost of combat operations against Iran, per a Pentagon memo, as the war’s tab tops $35.7 billion.
Politics Trump Officials Push NPS to Hand Yosemite Strip to Private Developer Trump officials are pressuring the National Park Service to cede a quarter-mile strip of Yosemite to Kingsbarn Realty Capital, a deal rejected under three previous administrations.
Politics Florida Grand Jury Finds DeSantis Admin Misappropriated $10M in Taxpayer Funds A Florida grand jury found that Governor Ron DeSantis’ administration “misappropriated” $10 million in taxpayer money, diverting it from a Medicaid settlement to a charity linked to his wife, which then funneled the funds to political action committees. No criminal charges were filed due to a lack…
Macro US Corporate Profits Hit Record as Worker Share Sinks to 1950s Low US corporate profits hit an annualized $4.8T in Q2, 18% of national income and the highest share since WWII, while the worker share of wages and benefits fell to 60%, the lowest since the 1950s.
AI China Secretly Fueling US Data Center Backlash, Per Axios Axios reports X has flagged roughly 200 accounts from a suspected Chinese bot farm pushing opposition to US AI data centers, adding political risk to the AI capex trade.
Markets Mark Cuban: Companies Must Share Wealth or Pay Higher Taxes Billionaire Mark Cuban proposes a new tax policy: companies must offer equity to all employees or face higher corporate taxes. This aims to combat wealth inequality by aligning employee and founder interests, potentially impacting corporate compensation strategies and market valuations.
Tech Trump Weighs New Sweeping Tariffs on Semiconductors, Report Says The Trump administration is reportedly weighing a new round of sweeping tariffs on semiconductors, with the plan possibly extending to laptops, servers and gaming consoles that contain foreign chips.
Politics Newsom Says He ‘Didn’t Even Know’ About 5,000-Bottle Wine Cellar at $7.5M Home Gavin Newsom says he was unaware of the 5,000-bottle wine cellar at his $7.5M Sacramento-area mansion, now listed for sale as he preps an expected 2028 White House run.
Macro Grocery Anxiety Jumps: 41% of Americans Worried About Food Costs AP-NORC polling shows 41% of Americans are worried about affording groceries in the coming months, up from 24% in April. Trade-down and BNPL trends put WMT, KR, COST, DG, and AFRM in focus.
