Karen Bass has failed to secure the 50% she needs to avoid a run off.
She will face off against either Pratt or Raman. Right now Pratt has the second most number of votes.
Spencer Pratt is now expected to head to a run-off with Karen Bass
“Obviously, God wanted 5 more months of me exposing all the failures of our mayor.”
Incredible
🇺🇸 LA Mayor Karen Bass secured her spot in the November runoff, but Pratt isn’t so far behind.
With 63% of results in, Bass received 34.8%, Pratt received 30.6%, and progressive city councilwoman Raman received 22.3%.
If Pratt advances to take on Bass 1-on-1, does he have a chance?
🚨 UPDATE: Iran’s attack on Kuwait has left at least 63 people injured, including airport workers and passengers, according to Kuwait’s Health Ministry. Kuwait’s Foreign Ministry also confirmed 1 person was killed in the strike. The attack marks a major escalation as regional tensions continue to rise.
Tesla's registrations in Japan jumped 182% year-over-year in May 2026 to 1,996 vehicles, and is on track for its best year yet in the country.
Year-to-date, Tesla has registered 8,194 vehicles, up roughly 157% from the same period in 2025.
The May result pushed Tesla past Audi year-to-date, moving it from fifth to fourth among imported brands in Japan. https://t.co/f59nZjahgV
SpaceX's IPO is coming, but what's the word on the street?
$135/share, 555M new shares, massive $75B all-primary raise at ~$1.75T.
Straight cash to Starship, Starlink dominance & AI compute.
The roadshow kicks off this week, SPCX Nasdaq debut June 12.
Morningstar wants to slash it in half?
I mean... if you want to bet against Elon, be my guest, I surely won't.
Polls scream the sentiment: already at 89% for >$1.8T close.
The market gets it, this is generational.
Source: @zerohedge, @SpaceX, Reuters
Stocks mixed pre-market as Trump signaled a possible interim Iran peace deal, offset by $GOOG’s $80B equity raise (incl. $10B to $BRK) to fund surging AI capex. $HPE rose +26% on strong AI-driven results and increased guidance. $MRVL +26% after $NVDA CEO Jensen Huang called $MRVL the next $1 trillion market cap company. Oil fell back to $93/bbl, 10year TYs fell, and gold and silver rose. I expect S&P 500 to extend its record highs as the Middle East conflict eases, oil prices fall and 2026 S&P 500 EPS ests surge to $340 (+22% YoY). behind the massive AI and data center buildout. I remain cautious on $TSLA amid declining earnings estimates, increasing autonomy competition, and a seemingly extended valuation.
🚨 SpaceX has reserved up to 5% of shares in its upcoming IPO for certain employees, friends, and family of company executives.
According to an updated filing, these participants will not be subject to the same lock-up restrictions as many other shareholders.
Meanwhile, more than 60% of existing SpaceX shares, including Elon Musk’s holdings, will remain under an extended lock-up period.
SpaceX is reportedly targeting a valuation of at least $1.8 trillion ahead of its IPO. $SPCX
$PLTR had a solid bounce last week, but price is still below the 33FVB and the Monthly BX is green.
This could be the bottom, but my rules say I wait for a confirmed bullish trend before going long.
These AI suppliers are on pace to generate over $500B in operating profit this year:
• $NVDA ~$258B (+98% YoY)
• $MU ~$108B (+104% YoY)
• $TSM ~$95B (+53% YoY)
• $AVGO ~$69B (+171% YoY)
This basket captures value across every major layer of AI infrastructure through compute with Nvidia, manufacturing with TSMC, memory with Micron & custom silicon plus networking with Broadcom.
What if Tesla and SpaceX are really building one giant infrastructure platform? 👀
@CernBasher points out that together they could provide energy, internet, transportation, AI, robotics, security, and even future space-based computing.
Think Starlink, Megapacks, Robotaxis, Optimus, Grok, Starshield, and orbital data centers all working together!
Big idea: Tesla and SpaceX may not just be building products, they may be building the operating system for the future. $TSLA $SPCX
Jim Cramer on Leopold Aschenbrenner’s $NBIS stake “When this man touches something, it turns to gold.”
The next AI bottleneck is efficient inference at scale which is why Nebius Token Factory is built around optimization, orchestration and agentic deployment rather than basic GPU rental.