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Trump Urges Full Point Rate Cut
Donald Trump is calling for a full percentage point rate cut from the Fed, arguing that while Europe has executed 10 rate cuts, the U.S. has had none. The statement highlights increasing pressure on the central bank to stimulate the economy amid global easing trends. Trump’s post also emphasized that the Fed could reverse the cut if inflation spikes, suggesting more aggressive policy shifts could be on the horizon.
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Musk’s xAI Could Earn $13 Billion by 2029
Bloomberg reports that Musk’s AI startup, xAI, could generate over $13 billion annually by 2029. The financial projection comes from documents seen by potential investors during a $5 billion fundraising campaign spearheaded by Morgan Stanley. The report signals confidence in AI’s commercial viability while further fueling the tech giant’s ambitions across sectors.
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Fed signals, tariffs, and earnings season collide. This 3-minute forecast highlights the events most investors will miss. Read it before the market reacts.
Trump-Musk Bust-Up Dominates Headlines
Instead of making headlines for diplomacy, Trump and Musk’s online clash became the story of the day. Following Musk’s criticisms, Trump responded by threatening to sever federal contracts with Musk-owned companies. Their rift overshadowed major global meetings and reinforced how personality-driven politics shapes media cycles.
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Tesla Wipes Out $380 Billion in Market Value
Tesla shares have fallen 29.3% in 2025, wiping out $380 billion in value. The dramatic decline follows President Trump’s threats to cut government contracts with Musk’s companies. Musk’s critique of a key economic policy triggered a backlash that rattled Tesla investors, reinforcing how political pressure can hit even dominant companies hard.
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