EU Considers Electricity Tax Cuts, Subsidies Amid Iran War Surge In Energy Costs

Futures Rise Ahead Of Critical Nvidia Earnings US equity futures are higher into NVDA earnings release after the close, and the risk-on tone in the US yesterday has spread globally with tech giant's earnings a catalyst for maintaining the rally aided by Tech. As of 8:00am ET, S&P 500 futures were up 0.3% as with Nasdaq 100 contracts +0.4%; NVDA is up 0.6% in premarket trading and while blowout results from the company later today may soothe nerves about the AI trade, “even if they have tremendous numbers, we know the...

In attacking progressivism in a recent speech, Clarence Thomas has been pilloried in the media and by politicians and academics. However, Thomas was correct: progressivism has brought one disaster after another, all the while empowering the worst of state actors.

Interceptor-Drone Arms-Race Emerges The next type of aerial system likely to be stockpiled at scale by militaries worldwide is the interceptor drone. We've already seen early evidence of this across Eurasia, with Ukraine selling its interceptor drones to the highest bidder. The Russia-Ukraine war accelerated the development of cheap one-way attack drones. Early in the war, missile interceptors used by Ukraine were too costly and drained the stockpiles of Western militaries at dangerous rates. The proliferation of cheap interceptor drones levels the playing field and provides a low-cost solution against Russian-produced Geran...