Musk, Luckey And Gingrich Walk Into The Pentagon: Hegseth Unveils "Project Meridian" As Defense Stocks Suffer Record Losing Streak

Futures Slide After Another Korea Rout, TSMA Results Revive AI Fears Futures are lower, erasing much of yesterday's gain with both Nasdaq and Rusell lagging SPX, following a continued rollercoaster in Korea where stocks tumbled after the BOK hired rates for the first time in 3 years. As of 8:15am ET, S&P futures dropped 0.3%, while Nasdaq 100 contracts dropped 0.8%. In premarket trading, semis are weaker again while Mag7 is stronger (AMZN, GOOG, META, and MSFT all up are least 1.2%) with the market having "a defensive tilt as...

Sen. Marsha Blackburn Sues Former Special Counsel Jack Smith Authored by Troy Myers via The Epoch Times, Sen. Marsha Blackburn (R-Tenn.) on Wednesday sued former special counsel Jack Smith and the Department of Justice (DOJ) over a subpoena Smith's office issued for her phone records during his investigation of President Donald Trump's actions around Congress's certification of the 2020 election. Blackburn alleged Smith violated her constitutional rights and was unlawfully appointed. She asked the U.S. District Court for the Middle District of Tennessee to order the Justice Department to destroy the records...

Pentagon Launches Grok And ChatGPT For Military Use Authored by Timothy Frudd via The Epoch Times, The Department of War announced the launch of two new artificial intelligence (AI) platforms for military use on Aug. 31, expanding the department's platform of AI assistants for military personnel. Starshield AI's Grok for Government and OpenAI's ChatGPT Mil were both added to the War Department's GenAI.mil generative AI platform on Monday. The Aug. 31 launch came months after the Pentagon announced a partnership with OpenAI to deploy AI models on the Pentagon's classified networks and...