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Trump Pollster Calls Abdul El-Sayed’s Michigan Senate Lead A ‘Fake Narrative’

Thomas ShelterAugust 30, 202603 mins

Tony Fabrizio, a top pollster working for Republican Mike Rogers, is aggressively disputing public polls showing Rogers trailing in Michigan’s high-stakes Senate race. Fabrizio argues that recent surveys are over-sampling Democratic-leaning voters, specifically college-educated and Black voters, according to an internal memo obtained by POLITICO. A Susquehanna poll released this month showed progressive Abdul El-Sayed…

U.S. Military Strikes Iranian Rocket Launchers In Strait Of Hormuz Region For First Time In Over A Month

Anthony SinclairAugust 30, 202604 mins

The U.S. military struck two Iranian rocket launchers on Sunday, marking its first attack on Iran in more than a month, according to a U.S. official. American forces targeted the two launchers on Larak Island after observing Islamic Revolutionary Guard Corps forces preparing to launch rockets with sea mines into the Strait of Hormuz. U.S….

DHS Calls New York Times Report On ICE Detention Abuse A “Hoax”

Thomas ShelterAugust 30, 202603 mins

The Department of Homeland Security is pushing back hard against a New York Times report detailing alleged abuse inside Immigration and Customs Enforcement detention facilities. DHS issued a sharp rebuttal on Sunday, posting on social platform X that the Times story amounted to misinformation designed to undermine the agency’s operations. “Another day and another hoax…

Lawsuit Claims Freedom Fuel Stations Sold Nearly $4 Million In Unpaid Fuel To Undercut Rivals

Anthony SinclairAugust 30, 2026August 30, 202603 mins

Freedom Fuel gas stations, promoted by the Trump administration for their low prices, allegedly sold fuel their supplier never received payment for, according to a newly filed lawsuit. Mansfield Oil Company filed the suit on August 19 in U.S. District Court in Eastern Pennsylvania, targeting KRSM, a foreign corporation linked to the Freedom Fuel Network….

Software Sector’s Epic Rally Could Extend Through October As AI Fears Fade

Thomas ShelterAugust 30, 202603 mins

After months of brutal losses, the software sector is staging a dramatic comeback that analysts say could have significant room left to run. The Morningstar US Software Application Index shed roughly 27% between October 2025 and mid-July 2026, even as the broader market gained nearly 15% over the same stretch. Stocks including Salesforce (CRM), ServiceNow…

Leverage-Hungry Investors Are Reshaping Stock Market Dynamics As Borrowed Bets Hit Record Highs

Anthony SinclairAugust 30, 202603 mins

U.S. margin debt has surged to a record $1.4 trillion in May, rising 54% from a year earlier, according to data from FINRA. The staggering rise in borrowed money reflects a broader cultural shift among both retail and institutional investors who are increasingly comfortable taking on significant financial risk. Leveraged exchange-traded funds, which produce double…

Iran Conflict Drives Helium Shortage That Could Make Party Balloons A Luxury Item

Thomas ShelterAugust 30, 202604 mins

The escalating conflict involving Iran is sending shockwaves through global supply chains far beyond oil markets, hitting helium supplies hard and fast. Helium, used to fill party balloons but also critical to semiconductor manufacturing and medical imaging, is tightening in supply and surging in price as fighting disrupts energy production in the Persian Gulf. Roughly…

RTX’s (RTX) Record $289 Billion Backlog Tells A Deeper Story About Its Commercial And Defense Balance

Anthony SinclairAugust 30, 202603 mins

RTX (RTX) has reached a record backlog of $289 billion, climbing 22% year-over-year and 6% sequentially, a milestone that signals more than simple growth. The real story behind the backlog is its composition, with commercial aerospace accounting for the larger share in a roughly 60/40 split over defense contracts. That split has benefited RTX significantly,…

IonQ (IONQ) Faces Mounting Losses And Valuation Concerns Despite Quantum Computing Surge

Thomas ShelterAugust 29, 202603 mins

Despite a powerful rally in quantum computing stocks, IonQ (IONQ) continues to attract serious skepticism from analysts and investors focused on its financial fundamentals. The company posted an operating loss of $633.7 million in 2025, a figure that underscores the vast gap between its market enthusiasm and underlying business performance. IonQ’s revenue grew an impressive…

D-Wave Quantum (QBTS) Stands Out As The Most Credible Pure-Play Quantum Stock — But Risks Remain

Anthony SinclairAugust 29, 202604 mins

D-Wave Quantum (NASDAQ: QBTS) occupies a genuinely rare position in the technology sector, operating as a pure-play quantum computing company with real paying customers. Unlike many of its competitors still locked in laboratory phases, D-Wave’s annealing systems are already running production workloads at major corporations including AT&T. That commercial milestone, which no other quantum computing…