Author: admin

Few endorsements in Florida campaigns remain as coveted as those of county Sheriffs. Republican congressional candidate Ryan Elijah just shot a TV ad with two Sheriffs supporting his challenge of an incumbent. Volusia County Sheriff Mike Chitwood and Seminole County Sheriff Dennis Lemma both endorsed Elijah’s campaign to unseat U.S. Rep. Cory Mills, a New Smyrna Republican. Within days, both appeared with Elijah in the Sanford Republican’s first television ad. “It airs on various networks and is a critical step in getting our message out in the final 19 days,” Elijah announced Thursday, the same day the ad went live…

Read More

Insider Brief Unit AI has raised $12 million to expand deployments of its modular warehouse automation platform for ecommerce fulfillment, inventory management and returns across North America. Prologis Ventures, Dynamo Ventures and Ground Up Ventures co-led the round, which will support deployment capacity, product development and commercial growth among retailers and third-party logistics providers. Founded by warehouse automation veterans Guy Glass and Avihou Barkay, Unit said its system can be installed within a week in as little as 1,000 square feet and deliver a return on investment in under 12 months. Unit AI has raised $12 million to expand deployments…

Read More

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -1.52%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -2.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.06%.  September E-mini S&P futures (ESU26) fell -1.59%, and September E-mini Nasdaq futures (NQU26) fell -2.23%.Stock indexes retreated on Wednesday, with the S&P 500 sliding to a 1-month low and the Nasdaq 100 sinking to a 3-month low.  Chipmakers and AI infrastructure stocks sold off on Wednesday, leading the overall market lower.  Also, heightened geopolitical risks are weighing on stocks as crude prices surged, and bond yields jumped when President Trump said the US…

Read More

The loudest story on Meta ($META) in mid-2026 is that the company is “incinerating capital” — that a $125 billion-to-$145 billion capital-expenditure bill for AI data centres is value destruction dressed up as ambition. That framing is not just bearish; it is probably backwards. Meta Platforms (META) trades at $612.91 as of July 1, 2026, and the variable that will decide its 2026, 2027 and 2030 price is not how much it spends on AI, but whether that spend becomes a revenue line rather than a cost sink. In late June the company began selling AI compute — locking in…

Read More

FIFA president Gianni Infantino has given FIFA members until September to accept the plans or lose funding. (Alamy) 5 min read29 July There is growing cross-party anger in British politics over a highly controversial plan by the head of the world’s most senior football body to sell stakes in the World Cup to private investors. The shadow culture secretary and head of the All-Party Parliamentary Group on Football have both told PoliticsHome that Gianni Infantino should no longer lead FIFA.  Earlier this week, The Financial Times reported that FIFA President Infantino wants to sell off stakes in its competitions…

Read More

Tesla (TSLA) reported second-quarter vehicle deliveries that comfortably exceeded Wall Street expectations on Thursday, signaling a significant rebound in demand as the electric-vehicle maker navigates an increasingly competitive global market.The company delivered 480,126 vehicles worldwide during the second quarter, according to a statement released Thursday.The result came in well above analyst expectations. FactSet estimates had pointed to deliveries of approximately 409,000 vehicles, while Tesla’s company-compiled consensus forecast stood at roughly 406,000 units.The stronger-than-expected performance marks a notable recovery for Tesla after a challenging period. Vehicle sales came under pressure from slowing electric-vehicle demand, rising competition, and political controversies surrounding Chief…

Read More

The lazy read on Microsoft (MSFT) in mid-2026 is that it has become a broken AI-capex story: the shares closed at $373.02 on June 30, 2026, well off their old highs, as investors recoiled from a spending bill that hit roughly $37.5 billion in a single quarter (stockanalysis.com; Microsoft FY26 Q2). The overlooked fact is that the same sell-off dragged Microsoft’s forward price-to-earnings ratio down to roughly 22 times — below its own five-year average — even as Azure grew 39% and the company’s artificial-intelligence run-rate reached about $26 billion. Wall Street’s average 12-month price target sits at $561, some…

Read More

Taiko reopened its cross-chain bridge after moving through a four-stage recovery from a June 21 attack that drained roughly $1.7 million, letting users shift funds between its Ethereum layer-2 network and the Ethereum mainnet again and confirming that every bridged asset now holds full one-to-one backing. The reopening followed a week in which Taiko urged users to pull funds from every bridge on the network and paused its systems after confirming that its chain-state verification mechanism had been compromised. The team sealed the attack path, brought in independent security experts to review its fixes, and sequenced the restart so that…

Read More

Bitcoin gave back its entire April rally to close Q2 2026 down roughly 11%, and $8.35 billion in wiped-out long positions has left the market thinner but steadier heading into the third quarter, according to a June 30 report from Talos. The pullback came as a Federal Reserve in no hurry to cut rates and a rush into AI stocks drew money away from crypto, weakening its main sources of demand and setting off a round of forced selling that cleared leverage out of the derivatives market. What Drained Crypto’s Demand in Q2 Bitcoin rose to around $82,000 through April…

Read More

US stocks opened lower on Wednesday as investors booked profits in semiconductor stocks following a record-breaking first half of 2026, while renewed US-Iran tensions and expectations of tighter monetary policy also weighed on sentiment.The Dow Jones Industrial Average declined 253 points. The S&P 500 slipped 0.46% while the Nasdaq Composite fell 0.68%.Semiconductor stocks lead declinesChipmakers came under pressure in trading after posting outsized gains during the first six months of the year.Micron Technology dropped 7.6%, although the stock remained up 238% year to date. Sandisk fell 9% after surging more than 650% during the first half of 2026. Nvidia and…

Read More