Ferrari Fever Hits Samsung, SK Hynix Workers As AI Memory Boom Mints New Wealth

NOAA OKs First Deep-Sea Mining Plan For Critical Minerals In Pacific Ocean Authored by Jill McLaughlin via The Epoch Times, The Trump administration approved on May 1 its first deep-sea critical minerals exploration application, submitted by North Carolina-based deep-sea mining explorer The Metals Company USA (TMC). The company expects to find millions of tons of nickel, copper, cobalt, and manganese on the sea floor needed in the United States for electric vehicle batteries, infrastructure, and national defense systems. TMC applied for the 10-year license last year after President Donald Trump ordered the National...

Futures Slide Amid Renewed Tech Selling, Geopolitical Chaos Ahead Of Key CPI Print Markets continue to trade with a risk-off bias this morning, with equity futures and macro credit weaker, rates selling across the curve, as the USD and oil sensitive currencies outperform. It’s set to be another ugly day for US tech stocks as US equity futures slide ahead of today's CPI print which will see headline inflation rise above 4% for the first time in 3 years (full preview here). As of 8:00am Nasdaq 100 futures are down 1.5%...

Obama-Appointed Federal Judge Blocks Trump's EO Requiring Proof Of Citizenship To Vote Via American Greatness, A federal judge on Wednesday permanently blocked key portions of President Donald Trump’s executive order overhauling federal election procedures, ruling that the president exceeded his constitutional authority by attempting to impose new voting requirements without congressional approval. U.S. District Judge Denise Casper, an appointee of former President Barack Obama, concluded that the Constitution gives primary authority over elections to the states and Congress, not the executive branch. The ruling makes permanent a preliminary injunction Casper issued last year in a...