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Analyst Sees $4 Gas if Current Trends Continue, Warns Failure to Hit 9 Million Barrels Per Day Could Signal ‘Demand Destruction’

Analyst Sees $4 Gas if Current Trends Continue, Warns Failure to Hit 9 Million Barrels Per Day Could Signal ‘Demand Destruction’

by Badar Shaikh | Jul 16, 2026 | General

Demand for gasoline in the U.S. could be falling as price volatility, fueled by ongoing escalations in the Middle East amid the U.S.-Israel and Iran war, poses challenges to the global oil supply chain. Low Demand in Peak Season? On Wednesday, GasBuddy analyst Patrick...
Bernie Sanders Says Trump ‘Lied’ About 10% Credit Card Rate Cap, Points to Big Banks Making Billions Charging 25-30% Interest Rates

Bernie Sanders Says Trump ‘Lied’ About 10% Credit Card Rate Cap, Points to Big Banks Making Billions Charging 25-30% Interest Rates

by Radhika Anilkumar Nadig | Jul 16, 2026 | General

Sen. Bernie Sanders (I-Vt) on Wednesday said President Donald Trump lied about his promise to cap credit card interest rates at 10% while major banks continued to earn billions from consumer lending. Banks Earned Billions From Credit Card Interest In a post on X,...
Trump Slams New York Data Center Moratorium as ‘Terrible Decision’ While Bill Ackman Points to AI Race With China and Says, ‘Democracy at Risk’

Trump Slams New York Data Center Moratorium as ‘Terrible Decision’ While Bill Ackman Points to AI Race With China and Says, ‘Democracy at Risk’

by Ananya Gairola | Jul 16, 2026 | General

On Wednesday, President Donald Trump, hedge fund billionaire Bill Ackman and entrepreneur Anthony Pompliano criticized New York’s decision to temporarily halt approvals for new large-scale data centers. Trump, Hochul Clash Over Data Center Moratorium Gov. Kathy Hochul...
AtaiBeckley (ATAI) Stock Skyrockets 65% After-Hours on Reported Eli Lilly Acquisition Talks (CORRECTED)

AtaiBeckley (ATAI) Stock Skyrockets 65% After-Hours on Reported Eli Lilly Acquisition Talks (CORRECTED)

by Mohd Haider | Jul 16, 2026 | General

Editor’s Note: This story has been updated to correct an error regarding ATAI’s stock price movement. AtaiBeckley Inc. (NASDAQ:ATAI) shares are trending on Thursday. Lilly Eyes Acquisition At A Premium Shares of the New York-based psychedelic drugmaker jumped 64.70%...
As SpaceX Declines, Gary Black Says He Won’t Get Excited Until SPCX Stock Falls Below $100—Ross Gerber Asks ‘Can It Hold?’

As SpaceX Declines, Gary Black Says He Won’t Get Excited Until SPCX Stock Falls Below $100—Ross Gerber Asks ‘Can It Hold?’

by Badar Shaikh | Jul 16, 2026 | General

Space Exploration Technologies Corp. (NASDAQ:SPCX) is nearly back to its IPO price of $135/share after hitting a high of around $225 per share in recent weeks. However, the commercial space flight giant’s decline has not surprised investors. Gary Black Says SPCX Below...
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