Trump Just Refused MBS’ Request to Strike the Houthis.
Saudi Crown Prince Mohammed bin Salman reportedly called Trump twice on Thursday, asking for U.S. strikes as Houthi forces seized Mocha and moved closer to the critical Bab el-Mandeb Strait. Trump declined, keeping U.S. forces focused on Iran while providing Saudi Arabia with intelligence and targeting support.
The stakes are rising: Hormuz is already disrupted, while roughly 7% of global oil output passes through Bab el-Mandeb. Saudi exports were also disrupted in August.
Two oil chokepoints. Two conflicts. One increasingly fragile energy market.
Warren Buffett Is Sitting on Nearly 400 BILLION DOLLARS as Markets Become a "Casino."
Berkshire holds roughly 380 billion dollars in net cash and equivalents, while Buffett says markets increasingly resemble "a church with a casino attached."
He also admits he understands fewer businesses today than 10 years ago — and Berkshire has remained highly selective despite record markets.
Buffett isn’t predicting collapse. But he’s keeping one of the biggest war chests in history ready.
Nasdaq Says Europe’s 100 BILLION EURO Tokenization Cap Is Too Small.
Nasdaq and other financial firms are pushing back on the EU’s proposed 100 billion euro ceiling for tokenized securities, warning it could restrict the market before it scales.
Their preferred solution: remove the cap entirely — or raise it dramatically. Some European projects already reach around 350 billion euros, more than 3x the proposed limit.
Europe wants tokenization. Wall Street says it needs room to grow.
"The Key Is Rates." September’s Market Could Come Down to the Fed.
Investment strategist Brian Belski says September leaves stocks vulnerable to macro surprises before earnings season returns in October.
He remains bullish into year-end as earnings broaden beyond the Magnificent Seven — but rates remain the wildcard. Current data has pushed markets back toward expecting a September Fed hike.
September isn’t just about seasonality anymore. It’s about the Fed.
Trump Is Promising Americans Another 5,000 Dollar "Dividend."
Trump says every U.S. adult could receive 5,000 dollars if Republicans win both chambers in the midterms. With roughly 240 million adults, the proposal could cost around 1.2 trillion dollars.
It follows earlier ideas including a 5,000 dollar DOGE dividend and 2,000 dollar tariff dividend — neither has been issued.
The promises keep getting bigger. The checks still haven’t arrived.
Public miners have signed over 70 billion dollars in AI/HPC contracts, with some projected to generate up to 70% of revenue from AI by year-end. Mining hashrate among major operators is already shrinking as power shifts toward data centers.
IREN is one of the clearest examples, rapidly converting mining infrastructure into AI capacity as demand explodes.
Bitcoin and AI are now competing for the same thing: electricity.
Trezor’s Legitimate Email Domain Was Used to Send a Crypto Phishing Attack.
Hackers breached Trezor’s third-party email provider and sent a fake "Critical Security Alert: STM32 Entropy Vulnerability" warning designed to scare users over their recovery phrases. Trezor says the vulnerability is fake and its devices are not affected.
It follows the ShipMonk breach that exposed data from 80,689 Trezor customers.
When even the sender is legitimate, "check the email address" is no longer enough.
Hunter Biden’s $LAPTOP Crashed 97.8% in Its FIRST HOUR.
The memecoin launched near $200 before collapsing to around $4.36 within an hour. That opening price implied a nearly 200 billion dollar valuation — but liquidity was extremely thin.
The deeper Uniswap liquidity only arrived after $LAPTOP had already fallen more than 90%.
200 billion dollars on paper. Almost no liquidity underneath it.
Treasury Secretary Scott Bessent says he has "pretty good insight" into what Japan, the BOJ and policymakers may do next after the U.S. and Japan jointly intervened to support the yen on July 31.
His message to traders betting against the yen:
"You can bet against me if you want."
With the BOJ reportedly leaning toward another rate hike, Bessent is making the warning explicit.
The U.S. Treasury just challenged the market to take the other side.
CENTCOM says Iran’s IRGC fired ballistic missiles at a U.S. Navy warship twice in two days. The ship evaded both attacks and no Americans were harmed.
The U.S. responded by destroying five Iranian crude carriers, after destroying three more just days earlier. CENTCOM says the vessels were tied to a multibillion-dollar network funding the IRGC and its proxies.
Eight tankers in four days. The U.S.–Iran conflict is escalating fast.
Can the CLARITY Act Pass With Trump’s 1.4 BILLION DOLLAR Crypto Stake Hanging Over It?
Trump reportedly earned over 1.4 billion dollars from crypto ventures in 2025, making presidential ethics the biggest obstacle to the bill.
Democrats are demanding stronger restrictions on presidential crypto interests, while the Sept. 15 Senate vote needs 60 votes to advance. Even Republican Sen. Thom Tillis warns the bill could fail without an ethics compromise.
The biggest threat to America’s crypto bill may now be Trump’s own crypto empire.