Key Events This Week: Nvidia Earnings, FOMC Minutes And Global PMIs

New Jersey Governor Sherrill Lifts 40-Year Nuclear Moratorium Governor Mikie Sherrill signed legislation that scraps New Jersey’s 40-year de facto moratorium on new nuclear power plants, clearing the way for expanded baseload generation in a state long plagued by some of the nation’s highest utility bills.  The bill, S3870/A4528, amends the Coastal Area Facility Review Act to remove an outdated permitting roadblock tied to Nuclear Regulatory Commission waste-disposal rules that no modern project could satisfy. The NJ Department of Environmental Protection can now approve permits based on proven, NRC-compliant storage methods that...

Anduril Unveils Tiltrotor Killer Drone Straight Out Of 'Terminator' Palmer Luckey's defense company Anduril Industries unveiled Thunder, an autonomous aircraft designed to deliver missiles, drones, electronic-warfare systems and cargo into heavily contested airspace. "In this new era of maneuver warfare, we need eyes for what's ahead and a shield for what we can't afford to lose," Anduril wrote in a tweet. Thunder is a Group 5 autonomous attack rotorcraft, meaning it weighs more than 1,320 pounds, as shown in the UAS classification chart below, courtesy of Piper Sandler. Anduril noted, "A first...

Professors Behind California's Wealth Tax Threaten Possible Legal Action Against Critic Authored by Jonathan Turley via JonathanTurley.org, There is an interesting controversy brewing in California after four California university professors threatened a political candidate, Richard Lucas, for criticizing them for their roles in the "Billionaire Tax" and sent him a "cease and desist" letter. David Gamage from the University of Missouri, Brian Galle and Emmanuel Saez from UC Berkeley, and Darien Shanske from UC Davis claimed that the public criticism violated anti-doxxing laws by sharing contact information. They are clearly wrong. One...