Tesla And SpaceX To Build Massive "Terafab" Chip Factory In Austin

Vance Says Trump Not Ready To Approve Iran Deal, Citing Distance On Nuclear Issue Summary Rtrs citing Iran's Fars: Iran's armed forces carries out a missile launch operation from southern regions of the country toward specified targets. Reports of US ships targeted (unconfirmed); also 'warning shots' fired on 'illicit' vessels. Per Axios: "U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Trump has yet to give it his final approval." Unconfirmed reports of Ayatollah denial of MOU. Saudi state...

Is The Fed Finally Done Rescuing Markets?  Submitted by QTR's Fringe Finance GLJ Research’s Gordon Johnson is one of my favorite analysts on the street to read and gets a rare endorsement from me (I hate basically everyone selling sell-side style research) because, like my friend Mark Spiegel, he is one of the last few analysts out there that seems committed to the truth….no matter how ridiculous it makes him look in the short term while he’s waiting for his theses to play out. Johnson came away from this week’s Fed meeting with a...

Malaria Is Still Endemic In 80 Countries Significant progress has been made in the fight against malaria over the last two decades, according to a new report by the World Health Organization (WHO). In 2024, 80 countries (including the territory of French Guiana) remained endemic for the disease, down from 108 in 2000. The number of deaths have also declined since the turn of the century, with the WHO estimating that 610,000 people died from the disease in 2024, compared with 864,000 in 2000.  Recent years have brought further milestones. Cabo Verde and Egypt were certified as...