Fidelity has announced that it is making the SpaceX IPO available to any customer with a retail brokerage account with $2,000 or more in the account (down from up to $500k before).
"SpaceX has decided to reserve a much higher percentage of the offering (up to 30%), which means there should be more shares available to retail clients, which is why we have decided to reduce IPO eligibility for this offering."
BIG: The US House passed a War Powers Resolution (215-208) directing President Trump to withdraw American forces from hostilities with Iran, with four Republicans breaking ranks.
The measure is non-binding without Senate passage and carries limited immediate impact.
But, this marks Congress's first successful House vote asserting war powers authority over the Iran conflict and constrains future military action without congressional approval.
Il faudra, un jour, faire le Nuremberg du wokisme.
Mais pour la première fois dans l'histoire, il n'y aura pas de bourreau à juger. Pas d'homme à pointer du doigt. Seulement des idées. Une empathie devenue folle, une compassion poussée jusqu'au suicide, qui a fini par retourner les menottes contre les innocents qu'elle prétendait protéger.
Le tribunal ne sera donc pas pénal, il sera intellectuel. Le verdict ne tombera pas dans un prétoire, mais dans les livres d'histoire.
Et ce que nous observons en ce moment, ces scènes insoutenables, un gamin qu'on laisse mourir au sol au nom d'un dogme, ce ne sont pas les premiers symptômes. Ce sont les derniers. Les métastases terminales d'une idéologie que le corps social commence enfin à rejeter.
C'est précisément pour ça que je suis profondément optimiste.
On ne voit jamais une idée aussi nue, aussi monstrueuse, qu'au moment exact où elle est sur le point de mourir.
This is absolutely incredible.
Investors now perceive Nvidia to be as creditworthy as the US government.
Nvidia's $NVDA, 5-year credit default swap (CDS) is trading at ~38 basis points, slightly below the US sovereign CDS, at 40 basis points.
In other words, markets consider the world's largest company to be less likely to default on its obligations than the US federal government.
This comes as in FY2026, Nvidia carried only ~$8.5 billion in total debt against ~$10.6 billion in cash and generated nearly $100 billion in free cash flow, giving it one of the strongest balance sheets of any company in the world.
Even if Nvidia's earnings dropped -90%, it would still rank among the 100 most profitable companies in the world.
Markets are treating Nvidia as one of the safest companies on the planet.
Chinese who spent more than ever on Hong Kong real estate in the first quarter of this year now face a hurdle to overcome as rules get stricter on wealthy people in the mainland taking cash overseas https://t.co/pS1hz7lliB
"Les hôteliers de NY ont signé l’accord social le plus coûteux de leur histoire pour éviter une grève à quelques semaines de la Coupe du Monde 2026. Hausse de 50% des salaires sur huit ans, femmes de chambre promises à des rémunérations à six chiffres. Selon le nouvel accord collectif signé, les femmes de chambre syndiquées devraient voir leur salaire fortement augmenter au cours des prochaines années. Leur rémunération horaire passerait d’environ 39,87 dollars aujourd’hui à plus de 61 dollars d'ici 2034. Pour une employée travaillant à temps plein (40 heures par semaine sur 52 semaines), cela représenterait un salaire annuel brut d’environ 127.000 dollars. Dès 2032, selon l'évolution salariale prévue, les femmes de chambre devraient déjà dépasser le seuil symbolique des 100.000 dollars par an, avec une rémunération estimée entre 100.000 et 110.000 dollars bruts annuels."
The US Justice Department is seeking the names, addresses, and banking information of Reddit and X users, ratcheting up efforts to identify social media critics of government deportation efforts. https://t.co/7juwC4RkJo
Muslims now make up a major share of the younger generation in the Austrian capital.
Among students in Vienna’s public schools, 42% identify as Muslim. 🇦🇹
Breaking news: Harvard faculty votes to cap the number of A's awarded in course grades, a big step in combatting the grade inflation that has been dumbing down our courses, conveying the wrong message to students, and making universities a national laughingstock.
Amazon executive chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half of earners.
The top 1% of taxpayers pay 40% of all the tax revenue, and the bottom half pay 3%, Bezos told CNBC’s Andrew Ross Sorkin on “Squawk Box.”
“I don’t think it should be 3%,” Bezos said. “I think it should be zero.”
Read more from Bezos: https://t.co/YSXygl3nSq
Mike Johnson says Congress can't survive on $174k because of inflation, and uses that to justify letting members trade stocks.
Incredible take from the guy who decided his only job was taking orders from the President.
The market has never been this dependent on tech:
A record 115 companies in the S&P 500 now trade above a $100 billion market cap.
This figure has nearly TRIPLED since the 2020 pandemic low of 42.
By comparison, 20 companies were worth over $100 billion before the 2008 Financial Crisis, and just 8 at the 2008 low.
The technology sector leads with 31 firms above the $100 billion threshold.
This is followed by financials, industrials, and healthcare at 19, 16, and 16, respectively.
To put this into perspective, just 8 technology companies were valued at over $100 billion at the 2020 market low.
The US equity market has reached an unprecedented scale.
See how quickly wealth taxes on the rich ratchet down…from $5 million homes to $1 million homes in just a few weeks:
“For the first two years, a tax of between 4% to 6.5% would apply to apartments with a so-called market value of $1 million or more.” https://t.co/63OYluC2uE
Exclusive: Vice President JD Vance is planning to deliver an ultimatum to all 50 states: fully comply with antifraud statutes or run the risk of losing federal Medicaid funding https://t.co/wK8traZyxE