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MARKETS
💰 Report: Jimmy Kimmel’s Comments About Charlie Kirk Threatened Disney’s NFL Plans, Tegna Takeover

(Credit: Jimmy Kimmel Live / YouTube)
The Scoop: Disney yanked Jimmy Kimmel Live! indefinitely, with top brass “pissing themselves” over Trump administration blowback, as Kimmel’s offensive comments on Charlie Kirk’s murder threatened Nexstar’s proposed $6.2 billion takeover of Tegna. FCC Chairman Brendan Carr’s regulatory muscle, eyeing Disney’s ESPN-NFL deal, contributed to a swift suspension to dodge license scrutiny, the New York Post reports.
The Details:
Kimmel mocked MAGA Republicans, implying Kirk’s killer was conservative, prompting Carr to slam it as a “partisan circus.”
Kimmel’s remarks threatened to derail Nexstar’s $6.2 billion takeover of rival broadcaster Tegna, reaching 80% of U.S. households, pending FCC approval.
Sinclair called Disney’s suspension inadequate, demanding Kimmel apologize and donate to Turning Point USA.
Disney CEO Bob Iger acted to protect ESPN’s NFL deal amid concerns over Carr potentially taking action against the merger.
What’s Next: Kimmel was spotted smirking as he drove to his Los Angeles lawyer's office following ABC's indefinite suspension. Sources indicate ABC may have seized on the controversy as a pretext to end Kimmel's expiring contract early to curb further fallout.
Market Roundup
🏦 Economy
⭐ Editor’s Pick: Treasury Secretary Scott Bessent’s 2007 mortgages for secondary homes were deemed proper, documents confirm, dismissing parallels to fraud allegations against Federal Reserve Governor Lisa Cook. (BN)
Trump will hold a phone call with Xi on Friday at 9 a.m. ET to seal a deal averting a TikTok ban in the U.S. by selling its operations. (BAR)
House Speaker Mike Johnson (R-LA) expressed confidence that he has secured the necessary votes to pass a stopgap funding bill, averting a potential government shutdown. (FOX)
The Trump administration petitioned the Supreme Court to lift a lower-court block on Trump's removal of Federal Reserve Governor Lisa Cook. (CNBC)
📈 Industry
⭐ Editor’s Pick: Nvidia plans to invest $5 billion in Intel amid the booming AI sector, marking a strategic infusion of capital into the struggling chipmaker. (YN)
The FTC sued Live Nation Entertainment and Ticketmaster over allegations that the companies ignored automated bots to skirt ticket purchase limits, profiting billions from inflated resales. (PF)
Jaguar Land Rover extended its production halt following a cyberattack at its U.K. plants, potentially disrupting output into November. (IC)
Activist investor Sardar Biglari, known for his Steak ’n Shake stake, launched a proxy fight against Cracker Barrel. (WSJ)
A behind-the-scenes look at how Flexport CEO Ryan Petersen drove a dramatic turnaround to position the logistics tech firm for an IPO. (AM)
🛢️ Energy & Commodities
⭐ Editor’s Pick: Deep Fission, a startup pioneering deep-underground nuclear fission reactors, announced plans to develop the first of such sites in Texas, Utah and Kansas. (PEM)
The European Union will propose measures as early as Friday to expedite the phaseout of all Russian liquefied natural gas imports before the end of 2027. (BBG)
The Trump administration seeks to fast-track power plants and transmission lines to meet soaring AI-driven electricity demand. (BBG)
House lawmakers will introduce bipartisan legislation to exempt coffee products from tariffs. (RTS)
🌕 Crypto
⭐ Editor’s Pick: The Trump administration is scouting alternative candidates to lead the CFTC amid mounting delays in Brian Quintenz's confirmation. (BBG)
Michigan's House Bill 4087, which would permit the state treasury to invest up to 10% of its reserves in Bitcoin and other crypto, advanced to a second reading in the House. (CN)
Consensys CEO Joseph Lubin said that MetaMask’s long-awaited native token MASK is coming "sooner than you would expect." (TB)
Solana co-founder Anatoly Yakovenko warned there's a 50/50 chance of a quantum-computing breakthrough by 2030 capable of cracking Bitcoin's security. (CT)
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TECH
💻 Trump, Starmer Ink $350 Billion Tech Prosperity Deal, Largest U.S.-U.K. Investment Pact

(Credit: Simon Dawson/No 10 Downing Street)
The Scoop: President Donald Trump and British Prime Minister Keir Starmer signed the "Tech Prosperity Deal" on Thursday, a $350 billion U.S.-U.K. pact to drive tech innovation and jobs, Fox Business reports.
The Details:
Backed by Nvidia, OpenAI, Google, Microsoft, and others, it targets AI, quantum computing, fusion, 6G, and nuclear energy amid the transatlantic "special relationship."
Commits $350 billion in cross-border funding, including £150 billion ($200 billion) in U.S. pledges, Britain's largest such package.
Generates 15,000 U.K. jobs and 2,500 U.S. jobs, building on $340 billion in bilateral trade.
Funds 12 advanced nuclear reactors to power 1.5 million homes, cut bills, and meet AI energy demands.
What’s Next: The deal cements U.S.-U.K. tech leadership, potentially harmonizing AI ethics and fusion standards while contrasting EU regulations. It could accelerate mergers, energy pacts, and tariff talks, though geopolitical strains like Ukraine and Gaza may test implementation amid bids to counter China.
Tech Roundup
🧠 AI
⭐ Editor’s Pick: China's DeepSeek claimed that its reasoning-focused R1 model was trained for just $294,000, a fraction of the costs claimed by OpenAI's models. (RTS)
Google DeepMind announced a landmark AI breakthrough with its Gemini 2.5 model, which clinched a gold medal at an international programming competition by solving a complex real-world problem. (TG)
Google is embedding its Gemini AI into the Chrome browser for desktop users, featuring a sidebar chatbot, smarter search previews, and forthcoming tools for automated tasks. (WIR)
Video game studios are increasingly deploying generative AI tools to automate the design of entire levels and characters. (TI)
Alibaba unveiled an open-source AI agent capable of deep research that rivals the performance of OpenAI’s flagship Deep Research tool. (SCMP)
🤖 Hardware & Robotics
⭐ Editor’s Pick: Expper Technologies' Robin robot, programmed to emulate a 7-year-old girl's personality, is deploying in 30 U.S. healthcare facilities to alleviate loneliness among pediatric and elderly patients. (AP)
Italian Institute of Technology's Frasky robot, equipped with advanced arms, cameras, and navigation, picks grapes in wine vineyards. (TN)
OryLab's OriHime robot is guiding tourists on cultural tours of Tokyo. (JT)
Acrylic Robotics has developed an AI-guided robot that meticulously reproduces artists' paintings stroke by stroke using digital brush data and pigments. (DJ)
🚀 Defense & Space
⭐ Editor’s Pick: NASA announced that astronomers have confirmed 6,000 exoplanets to date in what the agency calls "the next great chapter of exploration — worlds beyond our imagination." (SP)
U.S. Space Command and U.K. Space Command executed their inaugural joint satellite maneuvers, bolstering allied amid threats from China. (SN)
U.S. Northern Command is launching a rapid-response force equipped with Anduril's fly-away counter-drone kits to address unauthorized incursions at domestic military bases. (TWZ)
A rare unpainted E-4B "Doomsday Plane" coated in green zinc chromate primer was spotted flying over Fort Worth, Texas. (TWZ)
💰Venture Capital
⭐ Editor’s Pick: Lingokids, an interactive learning app for children aged 2-8, raised $120 million in funding led by Bullhound Capital and General Catalyst. (GB)
Numeral, a provider of AI-powered sales tax compliance software, secured a $35 million Series B funding round led by Mayfield at a $350 million valuation. (TC)
Phia, the AI-powered shopping app co-founded by Bill Gates's daughter Phoebe Gates, has raised $8 million in seed funding led by Kleiner Perkins with investments from Hailey Bieber. (BOF)
Sonair, developer of safety-certified 3D ultrasonic sensors for autonomous robots, raised $6 million in a funding round from investors including Scale Capital. (AS)
FREEDOM
🇺🇸 Turning Point USA Unanimously Elects Erika Kirk as New CEO

(Credit: Turning Post USA)
The Scoop: Turning Point USA unanimously elected Erika Kirk, widow of assassinated founder Charlie Kirk, as the organization's new CEO and board chair on Thursday, fulfilling his expressed wishes and signaling a seamless transition to sustain its conservative youth activism, Fox News reports.
The Details:
The board said Charlie Kirk had discussed with executives his desire for Erika to lead in the event of his death.
Erika Kirk, a former Miss Arizona USA and political science graduate, vowed post-shooting to amplify Turning Point USA's work, including campus tours and media, declaring the "movement will not die."
The organization, co-founded by Charlie Kirk in 2012, credited him with galvanizing young voters for the 2024 election and plans to make his legacy "more powerful" against "evil."
A public memorial for Kirk is set for September 21 at State Farm Stadium in Glendale, Arizona, featuring speeches by Trump, Vance, Rubio, and Erika Kirk.
What’s Next: Under Erika Kirk's leadership, Turning Point USA aims to expand its influence on campuses and youth politics, potentially hosting more events and media while navigating the ongoing murder investigation. The transition could solidify GOP youth engagement ahead of midterms, with the memorial serving as a rallying point for conservative unity and Kirk's vision of faith-driven patriotism.
Freedom Roundup
🏛️ Policy & Culture
⭐ Editor’s Pick: British police visited the home of a cancer patient, demanding an apology for a Facebook post deemed upsetting, raising concerns about law enforcement's focus on online speech. (RTN)
Southern University suspended law professor Kelly Carmena after she posted on Facebook that she would "1000% wish death on people like" Charlie Kirk. (CF)
Tennessee's Attorney General’s Office launched an investigation into Deloitte for alleged "unlawful discrimination" in its hiring practices and DEI programs. (TEN)
Rep. Nancy Mace (R-SC) introduced legislation to eliminate taxpayer-supported DEI offices across the District of Columbia's government. (BN)
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DISCLAIMER: The CAPITAL newsletter is for informational purposes only and does not constitute financial, investment, or professional advice. Readers should conduct their own research and consult a qualified financial advisor before making investment decisions. The CAPITAL newsletter and its owner and operator, Josh Caplan, are not liable for any loss or damage resulting from reliance on this information. The CAPITAL newsletter is solely owned and independently operated by Josh Caplan, separate from any employer affiliations.



