🇱🇾 A fireball tore across the night sky over western Libya, followed by a boom loud enough to get everyone’s attention.
Libya’s space agency says it was a meteor, likely breaking apart as it slammed into Earth’s atmosphere at high speed.
In a region where flashes and explosions usually mean something much worse, this one came with a rare bit of relief.
Writer: Julie
🇺🇸 Trump just went all-in for Mike Mazzei in Oklahoma’s governor race.
He called Mazzei a “MAGA Warrior” and gave him his complete and total endorsement, reminding everyone he once swept all 77 counties in the state.
Trump then tore into the runoff opponent, Gentner Drummond, labeling him a fake Republican who donated to Biden, backed the Lincoln Project, and tried to block a major aluminum plant that would bring jobs and lower taxes.
His message was clear: Oklahoma needs to vote Mazzei on August 25.
Source: Truth Social / Writer: Samuel
I bought $DAVE at $165 in April — because my system flagged the same setup it caught on Carvana at $15 before its 32x run.
It's ~$300 now.
Wall Street calls it a risky lender. It's a tollbooth: credit that lasts days, and as of last week it funds those advances OFF its own balance sheet through Coastal — it just takes a fee.
Visa-style economics at ~6x EBITDA. I'm long. Day 302 (long DAVE and CVNA) 👇
🚨 Jefferies raises $TSLA PT to $350 (Hold)
They still expect Q1 to show a gap between vision and execution, with ~$21.2B revenue, <3% margins, and ~$1.9B cash burn.
Capex could rise to $19–20B/year, with ~$5.5B negative FCF in 2026.
Without strong Robotaxi updates, they say it could revive SpaceX merger talk.
You have always been way ahead of everyone else, honestly. So many people were afraid where you were willing to risk your reputation, that is what speaks volumes. This frictionless future has so many use cases, this is limitless in the areas of labor compensation practices and logistics especially
🚨🇬🇧BREAKING: PRINCE HARRY SETTLES PHONE HACKING CASE AGAINST THE SUN
Prince Harry has settled his high court case against News Group Newspapers, the publisher of The Sun, over "unlawful gathering" of information and phone hacking.
In a public apology, the publisher admitted to the "serious intrusion" into Harry's private life, including coverage of his late mother, Princess Diana, and its impact on his relationships and friendships.
News Group Newspapers has agreed to pay substantial damages, bringing the case to a close.
Source: BBC
🚨🇱🇧🇮🇱HEZBOLLAH LAUNCHES ROCKET BARRAGE INTO ISRAEL
Multiple alerts have been issued to villages east of Acre in northern Israel following the detection of several rocket launches from southern Lebanon.
Source: Red Alerts
"One of the striking aspects of the yield curve here is the extent to which investors have priced in a recession. As Ian Harnett of ASR London has observed, the 2-year Treasury yield has never been this far below the prevailing Fed funds rate (essentially anticipating aggressive rate cuts) except just before or during recessions. Given that the level of unemployment has modestly increased, and a broad range of leading measures are still hovering at the threshold of recession, an economic downturn shouldn’t be ruled out. It’s just that investors have already priced it in, along with rather aggressive rate cuts. Fixed income investors now require a recession for longer-term rates to make sense." - John Hussman, Asking a Better Question
Hey @hussmanjp that's bang on - now do oil buddy - flat price in the toilet with speculators net short the oil+products complex for the first time since Oct-Nov 2008 after Lehman failed, a flat price in the toilet, and yet crude time spreads remain backwardated, physical trades at premium to front months, and global inventories are drawing apace.
The only market that hasn't priced in recession is equities. Somebody's gonna be wrong here.
12-HOUR RECAP
1. 🇧🇷 A Brazilian supreme court judge contacted the nation's telecommunications regulator to get ready to enact a national ban on X. In response, Elon said Brazilian authorities had betrayed the Brazilian people's constitution and will.
2. 🇷🇺 Footage appears revealing testimony of attackers of the Russia Crocus concert attack, claiming Ukraine paid each attacker about $11,000 and cleared minefields for them so they could escape to Kyiv after the attack.
3.🇺🇸 Young people decide Bumble and Tinder won't find them to love, with evidence revealing that making connections in person is quickly gaining popularity.
4. 🇮🇱 Israel's Minister of Defense indicates the nation is prepared to take Iran on after threats of retaliation over the Israeli attack on IRGC commanders. Can IDF "handle Iran?"
5. 🇺🇸 Biden is accused of exaggerating the climate crisis. In particular, he was blasted by a watchdog for allegedly over-reporting Hurricane Idalia's damage costs from $310M to $3.6B.
6. 🇺🇸 Study finds that 60% of Americans cannot afford housing costs. Twenty percent have opted to work more hours, while 22 percent have skipped meals to make ends meet.
7. 🇺🇸 A Boeing 747 had to return to Denver airport this morning after an engine issue became apparent moments after take-off. They can at least be grateful the door didn't fly off...this time.
🚨🇸🇾BREAKING: ISRAEL STRIKES DAMASCUS
Israel reported they hit the HQ of pro-Iranian militias in southern Damascus.
Syrian claimed their Air Defenses intercepted the strikes.
Source: Yediot News, Arab News com
Video: Yediot news TG
No wonder it’s going to take the ICJ years to issue a final verdict - it’ll take the judges on the court many months just to watch all the Israeli soldiers’ own genocidal videos out of Gaza. Sheesh. It’s non-stop, one after another.
🚨U.S. TERRORIST ARRESTED
U.S. citizen Kareem Nasr, 23, from New Jersey, was detained in Kenya for plotting to join al Shabaab, a notorious terrorist group known for attacks in East Africa.
Nasr, driven by a Hamas attack, planned to travel to Somalia for jihadist training.
Source: U.S. Department of Justice
⚡Chinese A-shares market is struggling. The benchmark $SHCOMP fell below the key 3,000 point mark at one time on Tuesday, totally offsetting the rebound since mid-October. Over four thousand stocks are dropping.
Hang Seng Index $HSI is now down 1.2%, to a fresh low since November 2022.
#China #stockmarket $KWEB $FXI $HXC
If I have a random decimal between 0 and 1 and I want to map it to 2 values ie A and B, what is that process called?
I figure there's a CS term for that.
TIA edumacated people