MARKETS

Darren415/iStock

Trump Economy Just Blew Big Hole in Iran War Panic Narrative

Markets Roundup

🏦 ECONOMY

  • Editor’s Pick: Europe Is Accelerating a NATO Fallback Plan in Case Trump Pulls Out (WSJ)

  • The U.S. is sending thousands more troops to the Middle East as Trump seeks to squeeze Iran. (WAPO)

  • Wall Street banks break records as Iran war drives trading boom. (FT)

  • The markets are obsessed with the Strait of Hormuz. Why it matters less than you think. (CNBC)

  • Jeanine Pirro’s prosecutors made a surprise visit to the Federal Reserve headquarters. (WSJ)

  • Trump reveals that he exchanged letters with Chinese leader Xi over the Iran War—here’s what they wrote. (RTS)

  • Fed chair nominee Warsh’s first Senate panel hearing date has been set. (INV)

  • These 8 U.S. housing markets favor buyers. (FBN)

🏢 INDUSTRY

  • Editor’s Pick: The New Dubai: Wealthy Flock to This Under-the-Radar Boomtown (DM)

  • Popular convenience store chain to close 645 stores in North America. (FBN)

  • Disney CEO Josh D'Amaro announced layoffs in latest company memo. (THR)

  • Over 1,000 Hollywood bold-faced names release an open letter expressing their "unequivocal opposition” to the Paramount-Warners deal. (VAR)

  • NFL reporter Dianna Russini resigns from The Athletic amid probe over photos with Patriots coach. (ESPN)

  • United Airlines CEO pitched a megamerger with American in a White House meeting with Trump. (RTS)

  • Mamdani’s plan to spend a whopping $30M to open NYC-owned supermarket stuns grocery executives. (NYP)

  • Bank of America topped its first quarter estimates as CEO Brian Moynihan says consumer banking is "healthy." (CNBC)

  • Starbucks gave a sneak peek at its summer menu—and it's the brand's best yet. (AR)

  • Meet the school bus camera company quietly blanketing America in tickets. (BBG)

  • Scientists developed a drug that can extend dogs' lifespans by at least a year. (DM)

  • Ford CEO issued a “devastating” warning about Chinese car sales in the U.S. (NYP)

  • Sydney Sweeney has the last laugh in a second American Eagle ad campaign. (PS)

  • Taco Bell launched a first-of-its-kind menu item featuring nacho fries. (PM)

💰 PERSONAL FINANCE

  • Editor’s Pick: Customer Takes Identical Shopping List to Walmart and Costco—The Results Were Shocking (DM)

  • Dave Ramsey sounds alarm on Social Security, 401(k)s. (TS)

  • Costco vacation deals: Are they worth it? (KIP)

  • The biggest mistake people make when choosing a rewards credit card. (VTW)

  • Sephora savings event 2026: The best beauty deals to shop now. (NBC)

  • These 5 grocery items are actually getting cheaper. (CHP)

📈 HOT STOCKS

  • Editor’s Pick: Meet the Super Semiconductor Stock Crushing Nvidia Right Now (MF)

  • Morningstar listed its top 10 dividend-paying stocks to buy today. (MS)

  • Morgan Stanley called these 2 stocks “top picks” for 2026—Here’s why. (TR)

  • The chief strategist at $5.7 trillion State Street shared the 4 trades investors should pile into right now. (BI)

  • Insider Monkey spotlighted its top 15 stocks to buy for an early retirement portfolio. (IM)

  • “Power Shortage Is Real”: Cantor named these 2 AI infrastructure stocks as their top picks. (YF)

🌕 CRYPTO

  • Editor’s Pick: Fed Chair Pick Kevin Warsh Discloses Stakes in Dozens of Crypto Firms (TB)

  • Elon Musk’s X rolled out Cashtags, enabling users to tap $tickers for real-time crypto price charts directly in their timelines. (CN)

  • Goldman Sachs filed for the Bitcoin Premium Income ETF, a fund that gains Bitcoin exposure indirectly through other Bitcoin exchange-traded products. (DEC)

  • Crypto exchange Kraken confirmed it has confidentially filed for an IPO. (CNBC)

TECH

Oleksii Liskonih/iStock

New Leak Raises Alarms About China’s Secret Tech Role in Iran War

Tech Roundup

🧠 AI

  • Editor’s Pick: A New AI Tool Could Transform How We Diagnose Genetic Diseases (TM)

  • The first AI-era war is a "slopaganda" battle to control memes. (AX)

  • Apple threatened to pull Elon Musk’s Grok app from the App Store after xAI failed to curb sexualized deepfakes. (NBC)

  • OpenAI rolled out its GPT-5.4-Cyber model to a select group, aiming to sharpen defenses against vulnerabilities in a counter to rival Anthropic’s Mythos. (HN)

  • Venture capitalists are flooding Anthropic with investment offers valuing the Claude developer at as much as $800 billion. (BI)

  • Amazon launched its Amazon Bio Discovery AI tool on AWS to accelerate early-stage drug discovery. (TR)

  • NVIDIA launched Ising, the world’s first AI models to accelerate the path to useful quantum computers. (QI)

🤖 ROBOTS

  • Editor’s Pick: The Breakthrough That Could Change How Robots Learn (GW)

  • Tesla leader believes Shanghai factory operations will play a role in robot mass production. (STA)

  • Meet the humans training robots at the “arm farm.” (SPM)

  • In pictures: robots steal the show at Hong Kong’s InnoEx 2026. (SCMP)

🚀 SPACE & DEFENSE

  • Editor’s Pick: The Bezos Vs. Musk Space Race Is Heating Up (WSJ)

  • How Ukraine’s drones could launch a military tech revolution. (TFP)

  • A new aerial image revealed the B-21 Raider from above for the first time. (TWZ)

  • Last man on moon reveals secret hidden in lunar dust that could spur space-travel boon. (NYP)

FREEDOM

Turning Point USA/Fox Business/YouTube

The “Very Serious” Reason Why Erika Kirk Pulled Out of TPUSA Event with JD Vance

Freedom Roundup

🏛️ POLICY & CULTURE

  • Editor’s Pick: Appeals Court Drops Major Ruling in Trump-Boasberg Clash (FOX)

  • A California woman, Lonna Drewes, accused former Rep. Eric Swalwell of drugging, raping and choking her unconscious in a 2018 hotel-room encounter. (BN)

  • After the fall of Swalwell, is this Democrat congressman next? (TH)

  • A White House study estimates DEI policies shaved 0.34% off U.S. output in 2023, equivalent to $94 billion in lost GDP. (WSJ)

  • Video shows the family of Chris Ostroushko planning in advance to assault conservative journalist Savanah Hernandez during an anti-ICE protest in Minneapolis. (DC)

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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.

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