Trump Begins Blockade Of Hormuz Strait, Says Iran "Will Not Be Allowed To Profit From Extortion"

Thune Signals Senate Will Pursue Stand-Alone FISA Renewal Despite Trump's Demands Via American Greatness, Senate Majority Leader John Thune, (R-SD,) said Monday that Senate Republicans are moving forward with plans to renew a key federal surveillance authority as a stand-alone measure, despite President Donald Trump’s insistence that it be tied to election legislation. Thune told reporters the Senate is working to revive Section 702 of the Foreign Intelligence Surveillance Act, which expired over the weekend after Congress failed to extend it before a deadline. “We will try and move 702 as soon as we feel like...

Futures Slide After Broadcom Forecast Miss Chills Tech Euphoria US equity futures are weaker, dragged lower by Tech after a disappointing outlook from Broadcom triggered doubts that the blistering rally in technology shares had gone too far, a move exacerbated by euphoric positioning. As of 8:00am ET, S&P futures dropped 0.4%, while Nasdaq futures slumped 1.2%. Broadcom, which added around $150 billion in market value just this week, slumped 13% in US premarket trading after its forecast for artificial-intelligence semiconductor revenue in the current quarter fell short of expectations. CrowdStrike shares also drop 10% after...

Spencer Pratt Surges As Karen Bass Odds Wobble In Final Days Before LA Mayor Primary As the June 2nd primary approaches in Los Angeles, prediction markets are showing a notable shift in the Los Angeles mayoral race: incumbent Karen Bass's odds have been all over the place - recently dropping sharply - while challenger Spencer Pratt has seen his implied probability climb. According to the latest Polymarket snapshot, Bass sits at 59% to win the election outright, down from higher levels above 70% seen earlier in the week. Pratt has risen to 21%,...