Palantir Develops IRS Tool To Flag "Highest Value" Audits, Are Crypto Bros Next?

The Fair Share Myth And Other Socialist Fables Authored by Jonathan Turley, New York City socialist mayor Zohran Mamdani is back in his element. After admitting that he cannot fulfill his campaign pledge to arrest Israeli Prime Minister Benjamin Netanyahu, Mamdani returned to his class warfare narrative. This week, he taunted the city’s highest-earning taxpayers with a letter informing them of another special tax awaiting them in the Big Apple. As wealthy citizens flee the city, Mamdani strongly suggests that those who remain are going to get burned by his promised “warmth of collectivism.” In...

Market Leadership Is Narrow, Increasing Summer Risk Authored by Lance Roberts via RealInvestmentAdvice.com, 📈Technical Backdrop – Friday Selloff Tests The Tape The S&P 500 closed Friday at 7,408.50, surrendering Thursday’s historic first close above 7,500 with a 1.24% decline. The semiconductor names that powered the rally became the source of Friday’s selling. Intel fell 5%, Micron 4%, AMD 3%, and Nvidia 4.4%. From a purely technical standpoint, Friday’s reversal was the first real distribution day in three weeks and the mean-reversion signal we have been flagging. The deviation numbers are the story. At 7.0% above the...

Cameco And Brookfield Positioned To Lead New Jersey's $24 Billion Nuclear Build Out New Jersey has launched a competitive procurement process for new nuclear capacity under the Power New Jersey Act signed last month. The framework targets at least 1,100 MW of electrical power (MWe) at pre-approved sites and carries an estimated $24 billion price tag.  Westinghouse's AP1000 reactor sits coincidentally at about ~1,200 MWe. State officials are emphasizing shovel-ready locations and lessons learned from earlier projects to accelerate deployment. Federal financing tools that can cover up to 80% of costs are...