Five States Make The Cut For $50 Billion Nuclear Campuses  The Department of Energy has selected Utah, Tennessee, Oklahoma, Louisiana, and Idaho as the first five potential hosts for Nuclear Lifecycle Innovation Campuses (NLICs), advancing an effort that forced states to decide whether they support the entire nuclear industry or merely the convenient parts. Energy Secretary Chris Wright signed Memorandums of Understanding with […]

FCC Chair Carr Defends License Review As ABC Cries Censorship Via American Greatness, Federal Communications Commission Chair Brendan Carr is pushing back against Disney-owned ABC’s claims that his agency is engaged in “attempted censorship,” insisting the review of the network’s broadcast licenses stems from evidence of discriminatory hiring practices, not politics. ABC leveled the censorship accusation in a 119-page […]

Chips To Ships: Nvidia Plans New Shipbuilding Investment With Kawasaki Authored by Stuart Chirls via FreightWaves.com, Can the world’s newest technology give a boost to one of transportation’s oldest? A plan by leading Asia companies wants to find out. Nvidia and Kawasaki Heavy Industries announced a joint effort to build a “next‑generation digital shipyard” at Kawasaki’s Sakaide Works in Japan.  The core of the deal […]

US Treasury Informed Banks It May Intervene In Japan’s Yen, As Market Laughs At BOJ’s Own Attempts To Prop Up Currency While the BOJ understandably refuses to admit it spent a record $140BN (across all markets, $90BN on EBS) to briefly manipulate the Japanese yen higher… … ahead of yet another disappointing (non-rate hike) decision (according to some calculations, Japan’s central bank is about 100 bps of rate hikes behind to […]

Italy Suspends Schengen Travel Agreement With Spain After Horrifying Ceuta Invasion Summary: Italy Suspends Schengen Agreement With Spain Over Ceuta Invasion Europe’s Right-Wing Blasts Spanish Socialists For Border Failure Riots erupted in Ceuta as Illegals Clashed with Security Forces Mass Migration Invasion Of Military-Aged Males From Morocco Invades Spanish Enclave  “Looks Like World War Z!”: Spain’s Ceuta Invaded By […]

Tesla Weighs China Spinoff As Potential SpaceX Merger Looms Tesla is reportedly evaluating whether to separate its China operations through a sale, spinoff, or other restructuring as it considers a possible future merger with SpaceX, according to a new report from the Wall Street Journal. The discussions reflect increasing geopolitical tensions between the United States and China, as well as the unique regulatory challenges that […]

Seattle Police Chief Resigns 4 Days After Deadly Festival Shooting Authored by Kimberly Hayek via The Epoch Times, Seattle Police Chief Shon Barnes on Thursday sent his letter of resignation to Mayor Katie B. Wilson, four days after a fatal shooting at a food festival, the mayor’s office and Seattle Police Department announced. Seattle Mayor Katie Wilson (C) and Seattle Police Chief Shon Barnes (L) attend the vigil for victims the […]

Spain’s Border Invasion Is An Optics Disaster For Open-Border Democrats The average American has learned about the far-left movement, or more particularly, reformist socialists, otherwise known as the Democratic Socialists of America, in recent months. The DSA says in its own words that its platform is about collapsing America from within. To accomplish that, they must push open borders and flood the nation with millions more […]

Trump Eschews Talks With ‘Dishonest’ Iran, Says Will Keep ‘Hitting Them Very Hard’  Summary Trump proclaims US strikes on Iran are succeeding and will continue. US adds sanctions, Bessent says Tehran can’t pay troops, as Iran faces growing pressure. Most Americans say the Iran war isn’t worth fighting: AP poll. Iran claims drone strike on US base in Kuwait – after no new US strikes overnight. Oil rises as fears of wider […]

Immigrant Business Owners Prepare Lawsuit Against Mamdani Over City-Run Grocery Stores Via American Greatness, Several immigrant business owners are preparing to sue New York City Mayor Zohran Mamdani over his plan for city-owned grocery stores, Fox News Digital confirmed Wednesday. The Multicultural Business Coalition’s board voted this week to pursue legal action against the city over Mamdani’s proposal to open five […]

Claude Hacked Three Real Organizations During Botched Test Anthropic’s efforts to test Claude’s offensive cybersecurity skills produced an unintended real-world result: Its AI models gained unauthorized access to three outside organizations. The company said the incidents occurred during “capture the flag” evaluations designed to measure whether Claude could identify vulnerabilities, exploit simulated systems, and retrieve hidden […]

AI Bear Case: What Skeptics Get Right And Wrong Authored by Lance Roberts via RealInvestmentAdvice.com, The AI “bear case” isn’t one argument; it’s three. Burry on earnings. Bernstein on circular financing. MIT on revenue. Two are half right. One falls apart on the data. Michael Burry broke a two-year silence on November 11 to accuse the world’s largest technology companies of cooking their books, calling it one of the […]

It’s A Gambling Platform “Plain And Simple”; New York Sues Kalshi Authored by Olivier Acuna via CoinDesk.com, New York sued prediction-market Kalshi, alleging it offers sports and event wagers in the state without a gaming license. The petition, filed in the New York Supreme Court on Friday, asks a judge to bar the company from operating an unlicensed gambling business and seeks an accounting of customer bets, losses and […]

US Senators Sent Revised Ethics Rules To White House For CLARITY Act: Report Authored by Turner Wright via CoinTelegraph.com, Two US senators on opposite sides of the political aisle have reportedly sent revised ethics guidelines to the White House as part of discussions over a cryptocurrency market structure bill in Congress. According to a Thursday PunchBowl report, Senator Thom Tillis and Senator Ruben Gallego submitted a […]

Entire Russian City Enveloped In Smoke & Darkness After Major Refinery Attacked The major Russian industrial city of Volgograd, in the country’s southwest, is being engulfed in smoke and darkness on Friday after a wave of Ukrainian drone attacks scored several hits on key sites. A sprawling energy facility, as well as warehouse belonging to the online retailer Wildberries, went up in flames, resulting in several injuries. […]

UMich Sentiment Surges To Pre-War Highs; AI Fears Becoming “Salient” Having rebounded from record (46 year) lows in June, University of Michigan’s final July Sentiment survey was expected to show further improvement MoM, but a slight decline from the preliminary print as gas prices started rising again following the apparent end of the MoU-driven MidEast ceasefire. However, from 49.5 final for June, UMich headline print rose to […]

Senate Schedules Contempt Vote For Fauci Authored by Zachary Stieber via The Epoch Times, The Senate has scheduled a vote on holding Dr. Anthony Fauci in contempt. The Senate Committee on Homeland Security and Governmental Affairs on Aug. 5 will consider a contempt resolution for Fauci. The resolution has not been released as of yet. Dr. Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases at […]

A Wolf In New York City Mayor’s Clothing Submitted by QTR’s Fringe Finance Zohran Mamdani may be the most effective and dangerous wolf in sheep’s clothing American politics has produced in years. Beneath the polished charm and social-media-friendly persona is a grotesque combination of noxious policy ideas, delivered with snake like charm and layered with what feels like an outright hatred for success, individual liberty, free […]

Trump Hails ‘Historic Agreement’ To Disarm Hamas, But Israel ‘Skeptical’ “Today, the Board of Peace reached a HISTORIC agreement for the COMPLETE DISARMAMENT of Hamas and all other armed groups in Gaza,” Trump declared Thursday evening on Truth Social. “This is a monumental step toward lasting PEACE and SECURITY,” he added, following months of delicate negotiations involving mediators Qatar, Egypt, Turkey. Implementation is as […]

Situational Unawareness Via Rabobank, Markets have a habit of explaining every move with the most obvious narrative available. This week, that narrative was earnings. Investors spent days dissecting cloud growth, AI capex, free cash flows, and also Fed messaging, while some of the most dramatic price action of this summer was being driven by something else entirely.  That “something else” was Situational Awareness, the AI-focused […]

Roblox Crashes After User Miss, Soft Guidance Triggers Wall Street Downgrades Roblox shares plunged 21% in premarket trading in New York – the most in two years if losses hold through the cash session – after second-quarter users and bookings missed Bloomberg Consensus estimates, reflecting softer engagement following the rollout of new child-safety measures. Daily active users reached 123 million versus the 128.7 million […]

European Nations To Boycott Soccer World Cup Over New FIFA Proposals Authored by Rachel Roberts via The Epoch Times, Europe’s governing soccer body, the Union of European Football Associations (UEFA), has said its 55 members have ​unanimously voted to ‌boycott the World Cup in protest of ⁠FIFA’s plans ​to sell stakes ​to external investors, saying that the sport’s biggest competition is “not for sale.” FIFA, […]

Futures Rise After Record Rip In Kospi; Bond Bounce Fades As Oil Jumps, BoJ On Hold A broad rally in US tech stocks is extending for a second day, with Nasdaq 100 futures rising over 1%. Amazon is the standout in premarket trading, up by 12% after reporting a fifth quarter of cloud sales growth, while Apple is sinking 7% after its sales forecast was dented by industry-wide supply shortages. The gains in big-tech come amid signs […]

Wheat Prices March Higher As Intensifying Black Sea Fighting Fuels Food Security Fears Wheat futures are climbing after Ukraine’s Black Sea ports came under renewed Russian fire, with three dry-cargo ships struck in recent days. The attacks threaten grain exports from one of the world’s most important agricultural regions, heightening concerns among UN officials that supply disruptions could reignite global food inflation. […]

Entire Ethiopian Football Team Vanishes In Sweden After Youth Tournament Via Remix News, Twenty Ethiopians connected to a youth football team disappeared in Sweden on the final day of the Gothia Cup youth tournament, prompting an international missing persons search. The group consists mainly of boys aged between 14 and 17, together with one or more adult leaders. Police believe they left voluntarily, amid suspicions that they […]