Welcome back!

Here’s your must-read news this morning:


  • U.S.-Israel strike on Iran

  • Pentagon vs Anthropic

  • UK minister resigns over surveillance plot


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

— Josh

MARKET

White House/Daniel Torok

Trump Strikes Iran: The Under-the-Radar Geopolitical Curveball That Everyone’s Missing

Market Roundup

🏦 ECONOMY

  • Editor’s Pick: A prolonged closure of the Strait of Hormuz could drive oil prices into $100 per barrel, sparking a 1970s-style energy shock. (CNBC)

  • Inside Fed chair pick Kevin Warsh’s plan to rewrite the central bank's playbook. (INV)

  • China is likely to lower its 2026 economic growth target to a range of 4.5%–5.0%. (RTS)

  • Virginia’s Democrat-majority Senate voted to nearly triple lawmakers' salaries, despite Gov. Abigail Spanberger's (D) affordability promises. (BN)

📈 HOT STOCK PICKS

  • Editor’s Pick: Morningstar listed 5 undervalued stocks that crushed Q4 earnings. (MS)

  • Zacks highlighted 5 best oil stocks to buy now in March. (ZIR)

  • MarketBeat spotlighted 5 hot buys ready to spring higher in March. (MB)

  • Insider Monkey ranked the 12 best gold stocks to buy, according to analysts. (IM)

🏢 INDUSTRY

  • Editor’s Pick: How tampons in the men’s room helped derail the Netflix-Warner Bros. deal. (NYP)

  • Miami's real estate agents report phones ringing off the hook with billionaires rushing to buy nine-figure homes, fleeing California’s proposed wealth tax. (BI)

  • Elon Musk’s X achieved its highest-ever usage on Saturday amid the U.S.-Israel airstrikes on Iran. (FP)

  • Burger King made changes to Whopper for first time in nearly a decade. (CNN)

🛢️ ENERGY & COMMODITIES

  • Editor’s Pick: How China’s rare earth ban backfired into a U.S. tech breakthrough (OP)

  • Oil prices surged 13% after U.S.-Israel strikes on Iran, pushing Brent futures to open at $82/barrel. (INV)

  • Goldman Sachs warned European gas prices could surge 130% to $25/MMBtu if Strait of Hormuz shipping halts for a month. (BBG)

  • Spot gold rose 2.1% to $5,387.55/oz amid safe-haven demand after U.S.-Israel strikes on Iran. (RTS)

🌕 CRYPTO

  • Editor’s Pick: A Bitcoin bottom fractal signal from 2023, which preceded a 130% rally in 2024, has reappeared, hinting at a comparable rally. (CT)

  • Six new Polymarket wallets made roughly $1–$1.2 million betting “Yes” on U.S. strikes on Iran by Feb. 28, 2026—hours before the attacks. (TB)

  • Morgan Stanley filed for a bank charter to custody digital assets and offer staking. (BBG)

  • An unpublished draft of Changpeng Zhao's memoir, “Freedom of Money”, details secret negotiations in 2023 that led to his imprisonment. (NYT)

TECH

iStock/Douglas Rissing

Meet the Hardcore Pentagon Official Behind Trump's Scorched Earth Campaign Against Anthropic

Market Roundup

🧠 AI

  • Editor’s Pick: xAI's Grok uniquely predicted February 28, 2026, as the date for a U.S. strike on Iran in a test against other models. (JPOST)

  • OpenAI reached a deal with the Department of War to deploy its AI models on classified cloud networks. (RTS)

  • China’s DeepSeek is set to launch its multimodal V4 AI model imminently. (CG)

  • Nvidia plans to unveil a new AI inference processor at its GTC conference next month. (WSJ)

  • A lithography breakthrough could make the "perfect” silicon chip and end Moore’s Law, according to an analysis. (WSJ)

🤖 ROBOTS

  • Editor’s Pick: Honor unveiled its first humanoid robot with a flashy dance routine to Imagine Dragons' "Believer," including a moonwalk and backflip. (CNET)

  • BMW is piloting humanoid robots at its Leipzig plant to integrate physical AI into assembly, battery, and component production. (AMO)

  • Inside of Carnegie Mellon University’s new robotics center, where machines jump, swim and fly. (PPG)

💰 VENTURE CAPITAL

  • Editor’s Pick: Crypto VC firm Paradigm is raising a $1.5 billion fund to invest in AI and robotics. (CT)

  • Guidde raised $50 million in Series B funding, led by PSG Equity, for its platform that accelerates AI adoption in organizations. (CTCH)

  • Angelic Intelligence raised $15 million in seed funding to scale its enterprise AI platform and prepare for Middle East expansion. (CS)

  • AI-powered sales platform Firmable raised $14 million in Series A funding led by Airtree. (SD)

FREEDOM

iStock/Jenny Green

UK Minister Resigns Over Secret Plot to Silence Journalists Using Spy Agency

Freedom Roundup

🏛️ POLICY & CULTURE

  • Editor’s Pick: A behind-the-scenes profile of Telegram CEO Pavel Durov, who is facing a Russian criminal case for "aiding terrorism." (FT)

  • A report details how Google News showed stark bias against Trump in its coverage of his State of the Union address, highlighting left-leaning outlets with critical takes, while zero right-leaning sources appeared. (MRC)

  • Hegseth put Scouting America on notice, giving a 6-month ultimatum to drop DEI initiatives. (X)

  • A “nonbinary” bat biologist fired for hanging a transgender flag above Yosemite seeks revenge on Trump officials. (NYP)

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