Dow Jones hit a new all-time high at 52,900 Thursday, while Nasdaq dropped 0.8% as AI chip stocks slid. US markets close early Friday ahead of Independence Day holiday. #Stocks#WallStreet
🚨 Targeted Attacks on Caitlin Clark Continue in the WNBA
When does this stop?
June 22 Fever vs. Phoenix Mercury game – Caitlin Clark (#22) assaulted on the floor: knee to groin, fist to ribs, fist/forearm to neck/throat as the Phoenix player (#25) gets up. These targeted hits on the league’s biggest star have gone on way too long.
Enough is enough. Suspensions NOW for player safety and game integrity. Clark carries the spotlight – give her fair play, not cheap shots. Refs failing again.
Fans are fed up. WNBA, do better!
(Video: AI)
🚨 The U.S. Supreme Court Just Handed Two MASSIVE Victories to Trump On Immigration:
-Temporary Protected Status for 350,000 Haitians and 6,000 Syrians has been terminated.
-Migrants at the border do not automatically qualify for asylum and can be turned away.
America has a right to determine who we allow in our country.
No more mass third-world migration.
SAVE ACT: Thune is in open defiance of the American people and our president. Immediately after this press gaggle he held a vote to send senators on a 19-day vacation with one senator holding 5 proforma sessions to block Trump’s recess appointments.
SK Hynix targets record $29.4B ADR offering on Nasdaq next month, the largest U.S. secondary listing ever. Proceeds fund HBM chip expansion to defend its dominant AI memory market share.
#IPO#HBM#TechInvestment
Here it is:
A COURT-APPROVED forensic examination of Dominion Voting Systems CONFIRMS BEYOND A SHADOW OF A DOUBT that the system was designed to manipulate election outcomes, overthrow governments, and, on November 3, 2020, facilitate the overthrow of the United States government.
A forensic examination concluded that Dominion Voting Systems rigged the 2020 Michigan presidential election and covered it up by manually deleting the results of the 2020 election.
“We conclude that the Dominion Voting System is intentionally and purposefully designed with inherent errors to create systemic fraud and influence election results. The system intentionally generates an enormously high number of ballot errors. The electronic ballots are then transferred for adjudication. The intentional errors lead to bulk adjudication of ballots with no oversight, lead to bulk adjudication of ballots with no oversight, no transparency, and no audit trail.”
CONSPIRACY THEORY: Rep. Ted Lieu spreading a bogus conspiracy theory that Trump is taking a secret drug for terminal illness and that is why he didn’t hold a signing ceremony. Ted knows that Trump is in the Capitol right now having lunch with Senators.
US stocks tumbled Thursday: Nasdaq -2.18%, S&P 500 -1.43%. Semis crashed—Micron & SanDisk down over 13% as AI rally cools. Nvidia’s market cap slipped below $5T amid hawkish Fed pricing. #StockMarket#AIStocks
DEI: Trump built 98 stories in Chicago for $847M, a year faster than Obama built 20 stories for $850M. The difference? Trump hired the best, Obama hired by race & gender.
Premier @Dave_Eby and I just launched a new plan to build more homes, transit, and health care infrastructure across B.C.
We’re building big and fast — because we’re building in partnership.
The “300 billion” narrative is just a complete lie, happily spread by anyone with an agenda.
The US taxpayer will not be sending a single penny to Iran.
We will relieve sanctions and unfreeze assets at certain benchmarks, AFTER they give us what we want, à la, the uranium.
News release: The Public Utility Commission of Texas (PUCT) Approves ERCOT's Batch Zero Process for Connecting Large Electricity Users While Protecting System Reliability for Texans. The new batch process framework will ensure large electricity users like data centers only connect in quantities and locations the Texas grid can reliably support. https://t.co/ljYAnKLYhc
Learn more about ERCOT's new batch connection process: https://t.co/Q3aNksasK0
Eyes on 👀
At the G7, Trump offered thanks to Xi and Putin for remaining neutral during Iran.
Trump confirms Xi honored his request to not sell certain weapons to Iran.
This confirms my analysis that Trump had agreements in place with Xi/Putin BEFORE any action in Iran took place. This means Xi and Putin were in the loop in some capacity, and agreed to stand down while Trump took care of his business in Iran. Meaning that WW3 was never at risk, and Trump had the board secure before he did anything.
This also means that Xi and Putin turned their backs on Iran, in favor of Trump. Xi and Putin didn’t want the Iranian regime to have nuclear weapons either. They just want access to Iran’s oil. They don’t want nuclear war in the Middle East.
Pretty much the entire world agrees with Trump, that the rogue Iranian regime’s nuclear ambitions needed to be neutralized, and the US MIL is the only force capable of doing so.
This confirms Trump has unofficial back channel deals in place with Xi and Putin. Sounds like Xi and Putin want justice for the crimes of the Obama administration also. Very interesting indeed.
32 major U.S. banks will face Fed stress test results next week, testing resilience against recession & market chaos. Small business loans already stuck above 7% interest rates nationwide.
Light jab: Big banks rake in high-rate interest profit, while mom-and-pop shops can barely borrow cash to stay open.
Question drop: Should regulators cap bank lending rates for small enterprises? Yes / No below!
@stlouisfed@FDICgov@HouseFinance
#FedStressTests #SmallBizLoans #BankingRegulation