Futures Rise, Oil Slides On Iran Ceasefire Optimism After Best Month For Stocks Since 2020

Supreme Court Directs Lower Courts To Reexamine Decisions In Voting Rights Act Cases Authored by Matthew Vadum via The Epoch Times, The U.S. Supreme Court on May 18 ordered lower courts to reconsider rulings in two redistricting cases that concern whether private individuals may sue to enforce a federal law that bans discriminatory voting practices. The court directed the lower courts to take another look at the cases from Mississippi and North Dakota in light of its recent landmark ruling limiting the use of race in redistricting efforts. Justice Ketanji Brown Jackson dissented...

Israel Expects Iran War To Continue At Least Into April, Lebanon Conflict Longer The White House has struggled to present the American public and the world with a clear timeline or precise strategy on Operation Epic Fury, but Israel has seemed clearer on signaling it is settling in for a longer war. Israel is bracing for its war with Iran to stretch well into April, even as officials quietly concede the government in Tehran is unlikely to collapse, according to Israeli media. Damage from the June war which lasted 12 days, in...

SpaceX Acquires Cursor AI In $60 Billion Deal As Coding Agent Race Heats Up SpaceX has agreed to acquire AI coding startup Cursor for $60 billion, giving Elon Musk's artificial intelligence empire a leg up in the chatbot coding race currently led by frontier AI labs such as OpenAI, Anthropic, and Google. The Cursor acquisition was announced in a SpaceX 8-K filing with the SEC on Tuesday morning. Details of the deal show that Cursor shareholders will receive SpaceX Class A common stock, implying a Cursor equity value of $60 billion. The...