Welcome back!

Here’s your must-read news this morning:


  • Trump admin moves to calm oil markets

  • Palantir CEO’s savage AI warning

  • Jasmine Crockett’s absurd speech


I’ve got all the most important stories for you, so let’s dive in.

— Josh

MARKETS

iStock/Barks_japan

Trump Admin Teases Major Moves to Thwart Iran's Plan to Shock Oil Markets

Markets Roundup

🏦 ECONOMY

  • Editor’s Pick: Why Goldman Sachs CEO Is "Surprised" About Market Reaction to U.S.-Iran War (CNBC)

  • Trump threatened to cut off all U.S. trade with Spain after it refused to allow American use of military bases for Iran-related strikes. (FBN)

  • Bessent said a new temporary 15% global U.S. tariff is expected to take effect sometime this week. (RTS)

  • The European Central Bank said that AI is currently creating rather than destroying jobs in the euro zone. (INV)

📈 HOT STOCK PICKS

  • Editor’s Pick: CIO Managing $13 Billion Reveals Top Stock Picks Amid U.S.-Iran War (BI)

  • Goldman Sachs flagged two new high-conviction stock picks. (BI)

  • Motley Fool highlighted three stocks as top once-in-a-decade consumer goods picks for long-term investors. (MF)

  • Insider Monkey listed 15 AI stocks with explosive growth potential. (IM)

🏢 INDUSTRY

  • Editor’s Pick: Starbucks to Open New Corporate Office in Red State (WSJ)

  • The ultrawealthy are fueling a "gold rush" for scarce exclusive waterfront properties on South Florida's gated islands and shorelines. (NYT)

  • Lutnick voluntarily agreed to testify before the House Oversight Committee about Epstein. (CNBC)

  • Xiaomi co-founder Lin Bin agreed to buy a 1% stake in the Miami Dolphins at a record $12.5 billion valuation. (BBG)

  • The Justice Department’s antitrust trial against Live Nation/Ticketmaster began, with prosecutors seeking a breakup over its alleged monopoly in live music. (NYP)

  • X announced that paid creators must label AI-generated videos depicting armed conflicts with a "Made with AI" disclosure, or face a suspension. (ENG)

🛢️ ENERGY & COMMODITIES

  • Editor’s Pick: JPMorgan Warns of Catastrophic Oil Supply Loss from Iran War (OP)

  • Trump announced the U.S. Navy may escort oil tankers through the Strait of Hormuz and provide insurance guarantees. (USNI)

  • LNG prices on the Asia spot market surged to $35.40 per mmBtu, the highest in three years. (YF)

  • Crude and fuel futures/options trading hit a record 12.7 million contracts, with ICE Low Sulphur Gasoil reaching an all-time high of 1.3 million. (OP)

🌕 CRYPTO

  • Editor’s Pick: Trump Blasts Banks for Undermining Genius Act (TB)

  • JPMorgan CEO Jamie Dimon said stablecoin yields should face bank-style rules, calls for "level playing field." (CNBC)

  • Kraken Financial, Kraken's Wyoming-chartered banking unit, became the first crypto firm to secure a Federal Reserve master account. (WSJ)

  • Indiana Gov. Mike Braun (R) signed a bill allowing certain retirement and savings plans to include crypto investments. (CT)

  • Visa and Stripe-owned Bridge's stablecoin-linked Visa cards will expand to over 100 countries. (CD)

TECH

Katherine Boyle/X

“You’re Retarded!”: Palantir CEO Issues His Most Savage AI Prediction Yet

Market Roundup

🧠 AI

  • Editor’s Pick: Could These New Tiny Robots Cure Cancer? (PHM)

  • OpenAI released GPT-5.3 Instant, an update to ChatGPT's most-used model that delivers more natural conversations with fewer hallucinations. (TC)

  • Anthropic's annual revenue run rate recently surpassed $19 billion, up from $9 billion at the end of 2025. (BBG)

  • Google announced Gemini 3.1 Flash-Lite, its fastest and cheapest Gemini 3 model yet, optimized for tasks like translation, content moderation and UI generation. (GOG)

  • News Corp signed an AI content licensing deal with Meta worth up to $50 million annually, granting access to publications for training AI models. (WSJ)

🤖 ROBOTS

  • Editor’s Pick: New Robot Smartphone Dances to Music and Talks to You (TEL)

  • Researchers created the world's smallest fully autonomous micro-robots, unlocking future healthcare advances like targeted cancer therapy. (PHM)

  • Elon Musk said Tesla is pushing for AGI breakthrough in robots that act like humans, even rearranging atoms. (STW)

  • Hyundai unveiled its AI-powered unmanned firefighting robot, capable of withstanding 1,472°F. (IE)

💰 VENTURE CAPITAL

  • Editor’s Pick: Anduril Set to Double its Valuation with New Funding Round (RTS)

  • Eight Sleep, the AI-powered smart sleep tech company, raised $50 million in a strategic round led by Tether Investments at a $1.5 billion valuation. (TC)

  • Ayar Labs raised $500 million in Series E funding at a $3.75 billion valuation, led by Neuberger Berman. (SA)

  • Oxa, the self-driving software startup, raised $103 million in Series D funding, with Nvidia's NVentures among the investors. (SIF)

FREEDOM

C-SPAN

Jasmine Crockett's Absurd Speech to Supporters After Losing Texas Senate Primary

Freedom Roundup

🏛️ POLICY & CULTURE

  • Editor’s Pick: Video: University Staffer Allegedly Threatens to "Kill" Conservative Activist (CF)

  • FTC Chair Andrew Ferguson warned U.S. tech firms that complying with the EU's content moderation rules could violate American consumer protection laws. (RCM)

  • Replit CEO Amjad Masad sued Rep. Randy Fine (R-FL) for blocking him on X (RTN)

  • Rep. Jim Jordan (R-OH) demanded answers from Britain regarding its iCloud encryption backdoor order. (YF)

That's a wrap! You're officially caught up on all things tech, markets and freedom.

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