Chief Justice Roberts Faces Two Strikes After New Leak Rocks The Court

Leopold Is Back: Situational Awareness Rerunning Exact Same Trades Which Blew It Up A Month Ago A few days ago before it became public knowledge that the hilariously misnamed "hedge" fund Situational Awareness, run by a 24-year-old German ultra liberal who was fired by OpenAI, and then launched a new career investing like the most degenerate Korean momentum chaser blew up in explosive supernova fashion as a result of massive leverage in a handful of high beta momentum stocks like Sandisk, AMD and Bloom Energy, we warned that someone was blowing...

Can SpaceX Fire On All Cylinders? Authored by Michael Lebowitz via RealInvestmentAdvice.com, SpaceX’s June IPO raised $75 billion, resulting in an initial valuation of $1.77 trillion, making it the largest IPO in history. SpaceX, encompassing its launch business, Starlink, and the recently merged xAI, peaked at a $2.5 trillion market cap in its first week of trading, briefly tying it with Amazon as the fifth-largest publicly traded company. After only a month, the enthusiasm is rapidly fading. Perhaps most amazing of all, the fanfare is occurring despite SpaceX producing a net loss...

The US Justice Department is preparing to reactivate prize courts to “adjudicate the disposition of [Iranian] captured vessels and cargo.” Bloomberg reported speaking with an attorney working with the Justice Department on reviving the court. “Our national security interests may require the United States military to seize vessels or cargo supporting the enemy during military conflict,” […]