Trader who successfully shorted Tesla into earnings now sets sights on this high flyer
The bearish Tesla set-up we flagged ahead of Wednesday’s report has delivered most of what…
Trader who successfully shorted Tesla into earnings now sets sights on this high flyer
The bearish Tesla set-up we flagged ahead of Wednesday’s report has delivered most of what it can. Two ways forward: bank the entire gain, or press the same playbook against another priced-for-perfection name reporting in two weeks. Heading into Tesla‘s second-quarter report, I argued the risks were skewed to the downside. Greeting a delivery beat…
Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation
Elon Musk’s tunneling startup The Boring Company is in talks to raise $4 billion in funding at a valuation of $20 billion. According to the Wall Street Journal. The WSJ says the deal is not closed and terms are subject to change. At $20 billion, valuation will increase significantly Boring Company valued at $5.7 billion…
Sources: Arsenal explore move for Vinícius Júnior
Arsenal are interested in Real Madrid forward Vinicius Junior, but sources tell ESPN the situation is at a very temporary stage. Source link
Kalshi accuses Netflix of ‘misleading’ viewers in new prediction market documentary
Prediction Markets Kalshi threatened legal action against Netflix on Friday unless the streaming giant agreed to remove the trailer for an upcoming documentary about prediction markets. In a cease-and-desist letter sent to Netflix on Friday, Kalshi’s head of litigation, Jovelyn Dedaj, alleged that the trailer contains “false and misleading statements.” On Thursday, Netflix… Source link
Trump faces AI backlash from unions and data-center critics: Analysis
Demonstrators march during a protest against artificial intelligence (AI) in San Francisco, California, US, on Saturday, July 11, 2026. Jason Henry | Bloomberg | Getty Images The emerging coalition of religious leaders, labor unions and local activists that worries about artificial intelligence and the broader economic upheaval it portends poses a political problem for anyone…
Richardson, Lyles win 100m at U.S. championships
Sha’Carri Richardson and Noah Lyles won the 100 meters at the U.S. Track and Field Championships. Source link
New US sanctions target billionaire Iranian financier Babak Zanjani
The United States Treasury Department announced Friday that it will impose sanctions against major businesses and associates of sanctioned Iranian financier Babak Zanjani for attempting to evade sanctions. The sanctions affect nine firms and four individuals in Zanjani’s business network. The Treasury Department said in a statement Friday that the companies being targeted… Source link
Buffett favors an estate tax, but like virtually all billionaires, he won’t be paying it
BECKY QUICK: You said earlier that this is not a tax reform bill. It’s a tax cut. WARREN BUFFETT: A tax cut. BECKY QUICK: What do you think about it? WARREN BUFFETT: Well, I — I don’t think I need a tax cut. But — for example, the current proposal eliminates the estate tax. And…
49ers' Shanahan to be limited in camp after crash
49ers coach Kyle Shanahan suffered serious injuries in a car accident during his summer vacation in mid-July, which will limit his time as the team begins training camp. Source link
WSJ editorial board rips Trump over tariff 'obsession'
The Wall Street Journal editorial board published an op-ed on Friday criticizing President Trump’s latest “obsession” with tariffs, “despite their political unpopularity and the economic harm.” The administration has announced its latest policies replacing the expiring Section 122 tariffs with Section 301. The editors said Trump “doesn’t care…” Source link
