Key Points Speculation about a potential merger between SpaceX (NASDAQ:SPCX) and Tesla (NASDAQ:TSLA) is nothing new. In early June, I warned that “a mega merger may be closer than you think.” New reporting from The Wall Street Journal now suggests that both companies may soon position themselves for such a move. Where to invest $1,000…
Sen Bernie Moreno proposes ban on Chinese EVs amid surveillance threat Sen. Bernie Moreno, R-Ohio, introduces the bipartisan Connected Vehicle Security Act of 2026, aiming to effectively block Chinese-made electric vehicles from the U.S. market. Moreno warns against these vehicles, saying they could potentially allow remote control and pose significant national security threats. He emphasizes…
President Trump purchases a Tesla on the South Lawn of the White House in front of a press gaggle, using his office to promote Musk’s struggling car brand, March 11, 2025. — Molly Riley/White House Efforts to elect Ashley Hinson to the U.S. Senate and keep the seat held by the retiring Joni Ernst in…
Image credits: Nathan Cowley/Pexels. There is an update at the end of this article. The world is running out of sand. About 50 billion tons of sand and gravel are extracted annually, most of which is used for construction activities. This is a problem for two reasons. First of all, it’s not sustainable. Secondly, if…
Champpixs | Istock | Getty Images The stock market looked unusually tranquil. Beneath the surface, one of Wall Street’s fastest-growing funds devoted to artificial intelligence investments was unraveling. In a matter of weeks, Leopold Aschenbrenner’s Situational Awareness went from managing roughly $45 billion to being forced into a sweeping reduction of its listed-stock positions as…
Arsenal have reached an agreement with Newcastle United for the transfer of captain Bruno Guimarães after raising their bid to €90m plus add-ons. The Brazilian midfielder has already agreed personal terms on a long-term contract and requested a delay in his pre-season travel to finalize the high-profile move. Gunners close in on Guimaraes agreement Arsenal…
The Department of Homeland Security announced Friday that it has blocked 43 Chinese companies from having their products enter the United States because of allegations of unethical labor practices, making it the largest single-day enforcement action against Chinese forced labor goods in recorded history. DHS blocked the companies because they stand accused of using “slave…
Acting Attorney General Todd Blanche would have us believe the story ended when he declared President Donald Trump’s proposed $1.8 billion “anti-weaponization” fund dead. It didn’t. Recent news this week shows the administration may not need that fund at all. Two days before the Senate Judiciary Committee was set to vote Blanche’s nomination to be…
Gianni Infantino has met his Icarus moment. The FIFA president’s plan to sell stakes in the World Cup was only revealed a matter of days ago but already it seems terminally damaged. UEFA, the governing body for European football, has threatened a boycott of FIFA competitions by its member nations unless the scheme is permanently…
After a whipsaw two days of price action, bulls and bears are facing off again at a key technical level in the S&P 500. At the same time, an increasingly popular volatility-based measure of market breadth leans bearish. Options traders and market makers in Chicago were quick to buy dips below 7,500 in the benchmark…