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Bill Ackman Warns US Exposure To Hormuz Strait Is As Strategic A Risk For America As Reliance On Taiwan Chips: ‘Not Conducive’ To Long-Term Peace

by Benzinga Newsdesk | Jun 19, 2026 | General

Billionaire investor and Pershing Square USA Ltd. (NYSE:PSUS) CEO Bill Ackman warned Thursday that dependence on the Strait of Hormuz remains a critical vulnerability for the global economy, as the U.S. and Iran reached an agreement to end a conflict that disrupted...
Bernie Sanders Unveils Bill Targeting AI Billions, Plans To Create $7 Trillion Sovereign Wealth Fund That Sends Americans $1,000 Checks Each Year

Bernie Sanders Unveils Bill Targeting AI Billions, Plans To Create $7 Trillion Sovereign Wealth Fund That Sends Americans $1,000 Checks Each Year

by Ananya Gairola | Jun 19, 2026 | General

On Thursday, Sen. Bernie Sanders (I-Vt.) introduced legislation that would require major artificial intelligence companies to contribute a large portion of their stock to a government-run investment fund. Sanders Proposes AI Sovereign Wealth Fund Under the proposed...

Benjamin Netanyahu Comeback After Israel Elections? Crypto Bettors Weigh Odds As Trump’s Iran Deal Reportedly A Setback For PM

by Aniket Verma | Jun 19, 2026 | General

The U.S.-Iran deal “undercut” Benjamin Netanyahu’s position on Iran and exposed the limits of his influence with a U.S. president widely seen as pro-Israel, according to a report published on Thursday. Iran Deal A Setback For Israel? Israeli analyst Danny...
Cathie Wood’s Ark Invest Buys $22 Million In Tesla Stock As Elon Musk Exercises $110.55 Billion In Options, Dumps Roku Shares Amid Fox Buzz

Cathie Wood’s Ark Invest Buys $22 Million In Tesla Stock As Elon Musk Exercises $110.55 Billion In Options, Dumps Roku Shares Amid Fox Buzz

by Shivdeep Dhaliwal | Jun 19, 2026 | General

Ark Invest, led by Cathie Wood, made significant trades on Thursday, focusing on Tesla Inc. (NASDAQ:TSLA), Snowflake Inc. (NYSE:SNOW), and Roku Inc. (NASDAQ:ROKU). The Tesla Trade Ark Invest made a notable purchase of Tesla shares. Through the ARK Innovation ETF...
Chuck Schumer Says Democrats Won’t Help Trump Send $300 Billion To Iran: US ‘Worse Off’ Due To President’s ‘Incompetence’

Chuck Schumer Says Democrats Won’t Help Trump Send $300 Billion To Iran: US ‘Worse Off’ Due To President’s ‘Incompetence’

by Shomik Sen Bhattacharjee | Jun 19, 2026 | General

Senate Democratic leader Chuck Schumer (D-N.Y.) said on Thursday that Democrats would not support any funding effort tied to President Donald Trump’s Iran agreement, accusing Trump of acting out of “incompetence” and “ego” as backlash...
Intel Hires Former SK Hynix CEO Seok-Hee Lee To Lead Advanced Packaging Push As Apple Partnership Fuels Foundry Revival

Intel Hires Former SK Hynix CEO Seok-Hee Lee To Lead Advanced Packaging Push As Apple Partnership Fuels Foundry Revival

by Ananya Gairola | Jun 19, 2026 | General

Intel Corp. (NASDAQ:INTC) has appointed former SK Hynix and SK On chief executive Seok-Hee Lee as executive vice president of its contract chip-manufacturing business. Intel Strengthens Advanced Packaging Strategy In a statement, Intel said Lee will report directly to...
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  • Obama National Security Adviser Blasts Trump’s Iran Deal As Strategic Blunder, Calls It Egregious: ‘In The Obama-Era Deal, They Could Only…’
  • Energy Secretary Says Strait Of Hormuz Traffic Back To Normal, Predicts Decline In Oil Prices Amid Trump’s Latest Threat
  • Trump Threatens Iran With ‘Very Hard’ Strikes Again Even As Vance Leads Peace Talks In Switzerland: ‘Iran Must Immediately Stop…’
  • Elizabeth Warren Targets Elon Musk In Renewed Push For Ultra-Millionaire Tax
  • Elon Musk’s Mom Recalls Buying His Only $99 Suit As Billionaire-Turned-Trillionaire’s Early Struggles Resurface: ‘He Was Fine With That’

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