North Korea Test-Fires Submarine-Launched Cruise Missiles

Gavin Newsom And The DOJ Probe Opened Under Biden: Behested Payments, Family Nonprofits, & Questions Of Influence California Gov. Gavin Newsom has launched an aggressive counteroffensive against a federal investigation he calls a politically motivated "fishing expedition" - for a probe which was opened under the Biden adminisgration.  In a video posted to X and a formal letter to the Department of Justice, Newsom demanded all internal communications since January 2025 that mention him or his wife, Jennifer Siebel Newsom. The Freedom of Information Act request targets top DOJ officials, including former...

Lemonade Crashes As Customer Growth Miss Spooks Wall Street Lemonade shares crashed early in the US cash session after the technology-focused insurer reported fewer second-quarter customers than Wall Street expected and announced a transition of its chief financial officer. The company, which provides renters, homeowners, auto, pet and life insurance in the US and parts of Europe, plunged 18%, marking its steepest intraday decline since July 31, 2024. The shares are down 30% this year, rapidly reversing a rally that catapulted the stock from about $20 in late 2024 to nearly triple...

JPM Reports Surprise Revenue And EPS Miss, Guides Higher Net Interest Income And Q3 earnings season is off with a mixed report from JPMorgan, which moments ago reported results that showed a surprising drop in FICC trading revenue which sent the stock sliding in the premarket trading, but then promptly erased the entire loss after the company revealed Net Interest Income guidance that came about $1 billion higher than expected. Let's start at the top.  The largest US bank reported Q3 revenue and earnings which unexpectedly missed both on the top...