Obama-Appointed Judge Defies SCOTUS, Now Faces Impeachment

ASML Rises On Upgraded Outlook As Capacity Expansion Signals Robust Chip Demand Technology stocks moved higher early Wednesday after ASML Holding delivered strong earnings and raised its full-year guidance, providing fresh evidence that demand for the advanced chips and manufacturing equipment powering the AI boom remains intact. Nasdaq 100 futures gained about 40bps, while ASML shares rose 4% in Amsterdam after the company lifted its annual sales forecast for the second time this year. SK Hynix surged 8.8% in Seoul as the memory-chip maker's locally listed shares caught up with its...

US-Iran MOU Eases Energy Prices But Faces Sharp Pushback From Israel And GOP Hawks Summary: The US and Iran signed a preliminary cease-fire agreement at the G7 summit in France. Energy prices fell as some Saudi supertankers resumed crossing the Strait of Hormuz. The deal includes a $300 billion private reconstruction fund and temporary Iranian oil export waivers. Iranian officials declared themselves the clear winner. The agreement has opened significant new divisions within the Republican Party. Israel described the deal as a major strategic setback. US Vice President Vance will meet Iranian officials in Switzerland on Friday. Energy...

US Navy Backs 3,800 MPH-Speeding Blackbeard Hypersonic Missile With First Contract Authored by Sujita Sinha via Interesting Engineering, The U.S. Navy has awarded defense technology startup Castelion its first production contract for the Blackbeard hypersonic missile. This $23.4 million deal includes 50 pre-production missiles and shows the Navy is ready to move the program past development and testing. The U.S. Navy awarded Castellion a contract to deliver Blackbeard hypersonic missiles. Castelion This contract comes as the Pentagon looks for faster, more affordable hypersonic weapons for long-range strikes. For Castelion, it is the first step...