Despite Record Surge In Subprime Car Loan Originations, US Household Debt Dropped In Q2: First Since COVID

Major UAE Fujairah Port In Flames As Iran Vows Escalation For Kharg Island Attack Upon the overnight major US attack on Iran's key oil hub of Kharg island, here's what Iran's military is threatening to do by way of response and escalation - which was also entirely predictable: "If Iran’s oil, economic, or energy infrastructure is attacked, we will immediately destroy energy and economic infrastructure across the region belonging to companies with American shareholders or ties to the U.S." --IRGC spox 🚨🇮🇷🇺🇸 Iranian IRGC spokesperson: "If Iran’s oil, economic, or energy infrastructure is...

Israeli opposition leader and former Prime Minister Yair Lapid backed the idea of Israel’s “biblical borders” when asked about the US Ambassador to Israel Mike Huckabee’s belief that Israel had the divine right to take over all the land between the Nile and Euphrates rivers. “I support anything that will allow the Jews a large, […]

Can SpaceX Fire On All Cylinders? Authored by Michael Lebowitz via RealInvestmentAdvice.com, SpaceX’s June IPO raised $75 billion, resulting in an initial valuation of $1.77 trillion, making it the largest IPO in history. SpaceX, encompassing its launch business, Starlink, and the recently merged xAI, peaked at a $2.5 trillion market cap in its first week of trading, briefly tying it with Amazon as the fifth-largest publicly traded company. After only a month, the enthusiasm is rapidly fading. Perhaps most amazing of all, the fanfare is occurring despite SpaceX producing a net loss...