Author: Editor-In-Chief

President Donald Trump on Tuesday tapped Bill Pulte, who heads the Federal Housing Finance Agency, as acting director of national intelligence, putting the growing U.S. intelligence community in the hands of supporters targeting the president’s enemies.President Trump’s current DNI, Tulsi Gabbard, announced last month that she would resign from her position effective June 30.Trump said in a Truth Social post announcing the selection that Pruitt, who has no experience in the intelligence community, will retain his existing titles as FHFA board member and chairman of mortgage groups Fannie Mae and Freddie Mac.President Trump previously announced that Aaron Lucas, deputy chief…

Impulse Space, the startup founded by SpaceX engine guru Tom Mueller to develop high-mobility spacecraft, announced this week that it will spend $500 million in Series D hiring to hire as many as 200 new employees. The round, led by 137 Ventures and BANNER VC with participation from Founders Fund, Lux Capital and Linse Capital, reflects investor interest in space and defense technology as the U.S. government pours money into national security issues and SpaceX prepares for an IPO. Impulse focuses on mobility in outer space. The company has developed a highly maneuverable platform called Mira, targeted at buyers for…

The United States is said to be considering expanding its nuclear weapons capabilities to more European NATO members. Six NATO members – Britain, Germany, Italy, the Netherlands, Belgium and Turkey – currently form part of the alliance’s nuclear weapons-sharing agreement and have been authorized to host dual-capable US aircraft capable of deploying nuclear missiles. But the group could include more European NATO members, the Financial Times reported, citing three people briefed on the confidential discussions.Analysts say the move will boost the profile of certain defense companies involved in the manufacturing, maintenance and parts supply chain of dual-capable aircraft. BAE Systems,…

1. Written in the StarsOpenAI CEO Sam Altman during a media tour of the Stargate AI Data Center in Abilene, Texas, September 23, 2025.Bloomberg | Bloomberg | Getty ImagesOpenAI CEO Sam Altman acknowledged in an interview with CNBC’s David Faber yesterday that “people are understandably nervous” about artificial intelligence. His comments came on the same day that Florida’s attorney general sued Altman and his company over product safety concerns. But that wasn’t the only AI headline on Monday.I’ll summarize it below.2. Test your patienceU.S. President Donald Trump speaks at a Cabinet meeting in the Cabinet Room of the White House…

Governance has emerged as a key issue as enterprises troubleshoot AI systems. Some companies are taking a two-pronged approach. One model handles incoming queries, and a second model prevents the first model from running into problems. That’s the premise of ZeroDrift, a new AI compliance service that announced a $10 million seed round on Tuesday. (Investors include a16z Speedrun, Reign Ventures, PitchDrive Ventures, U&I Ventures, and more.) The company handles the second part of the system entirely, standing between the AI ​​model and the end user to flag and replace messages that could cause compliance issues. It may seem strange…

Announcement of mega deal between Berkshire Hathaway and top 10 publicly traded homebuilders taylor morrison home This was a surprise to most in the industry. But the consensus is that this makes perfect sense and could provide some optimism for the currently struggling housing market. Berkshire Hathaway agreed Sunday to buy America’s sixth-largest publicly traded construction company in a $6.8 billion deal. The offer represents a 24% premium to the homebuilder’s May 29 closing price and values ​​the company, including debt, at about $8.5 billion.The move comes as the U.S. housing market struggles with rising and volatile mortgage rates, soaring…

Nvidia Corp. Chief Executive Officer Jensen Huang speaks at the Nvidia GTC conference on the sidelines of Computex 2026 in Taipei, Taiwan, Monday, June 1, 2026. Yifei Lin | Bloomberg | Getty ImagesNvidia’s CEO Jensen Huang hailed the chip designer as the next trillion-dollar company, sending the company’s stock soaring in premarket trading on Tuesday. marvel technologyThe semiconductor company, which designs chips for data centers, soared after Huang appeared on stage with Marvell CEO Matthew Murphy at Computex Week in Taipei on Monday to tout the company’s efforts in supplying building AI infrastructure.The stock is up 25% as of 6:05…

Andrew Left, founder of Citron Research, appears in federal court in Los Angeles, California, on Monday, July 7, 2025. Activist short seller Andrew Left is scheduled to appear in federal court on Monday in a securities fraud case that rocked the industry a year ago, with a fight over tipping investors and free speech. Eric Thayer | Bloomberg | Getty ImagesThe Justice Department announced Monday that a U.S. jury has convicted prominent investor Andrew Left of securities fraud, dealing a blow to a divisive group of short sellers who have for years stoked allegations of fraud and mismanagement in publicly…

A sign in Calci that reads, “Think about what J.D. Vance would say in his speech?” Bitcoin 2025 Conference to be held on Tuesday, May 27, 2025 in Las Vegas, Nevada, USA. Bridget Bennett Bloomberg | Getty ImagesPrediction market platform Kalsi processed more than $17 billion in various trading contracts in May. This is a record amount, an increase of over 2500% from the previous year.But while individuals have driven Kalsi’s astronomical growth over the past year, the company has been focused on a new push for 2026: institutional adoption. Less than a year after trading volumes began to consistently…

Inflation in the euro zone rose to an estimated 3.2% in May due to soaring energy prices. This was in line with expectations in a Reuters survey of economists. Energy costs in May were the highest in terms of annual inflation, with prices rising by 10.9%, preliminary data showed. This was a slight increase from the 10.8% growth in euro area energy prices recorded in the previous month. Services inflation rose to 3.5% from 3% in April, while food, alcohol and tobacco prices fell to 2% from 2.4% the previous month. Inflation rates also varied widely across individual markets. In…