Is She Going To Eat It?

Trevor Milton Is Back And Wants To Produce AI Powered "Fully Autonomous Corporate Jets" Trevor Milton, founder and former CEO of the now-bankrupt Nikola, is trying to mount a "comeback story". Through social media, interviews, and bold public claims, Milton once convinced investors that Nikola was on the verge of delivering breakthrough technology with trucks. Now he's going to attempt the same in the aircraft business, according to a new report from the Wall Street Journal. He has reemerged in the aviation sector through his involvement with SyberJet, a company focused on developing...

A US military delegation visited the local government in Somalia’s northeastern Puntland region on Sunday and signed a deal to expand the US military presence in Bosaso, a port city on the Gulf of Aden, according to the Puntland government. Saeed Abdullahi Deni, the president of Puntland State, held talks with a delegation led by […]

Futures Rise, Oil Drops As Market Prices In Iran Deal For Yet Another Day Futures rebounded from the post-FOMC selloff, and oil prices fell as Trump signed the Iran MOU two days early to end the war in the Middle East (in the symbolic Palace of Versailles of all place) and some energy shipments began to transit the Strait of Hormuz. As usual, tech led the parade higher. As of 8:00am ET, S&P futures were up 0.6%, but off overnight session highs, partly unwinding a more than 1% decline after Kevin Warsh signaled the...