DARK SECRETS: 55 - The Real Truth

Ted Lieu Slams Scott Bessent Over Trump $1 Coin Push, Says 'Can You Please Focus on the Economy?'

Rep. Ted Lieu (D-Calif.) criticized Treasury Secretary Scott Bessent after he promoted a new Trump-themed $1 gold coin, arguing the administration should focus more on economic challenges facing Americans.

Benzinga · Jul 16

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

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.

Benzinga · Jul 16

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

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.

Benzinga · Jul 16

Jamie Dimon Says Anthropic’s Mythos Access Debate Is a Warning Sign for AI’s Future

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned that the risks stemming from Anthropic’s Mythos AI model are a "real issue," adding that U.S. government officials are now focused on addressing the potential risks.

Benzinga · Jul 15

Bill Ackman Warns of China ‘Super Intelligence’ Threat — 'Our Country And Democracy Will Be at Risk'

Billionaire investor Bill Ackman is sounding the alarm on what he sees as a rapidly escalating technological arms race with China, warning that the stakes could extend beyond economics into national security and democratic stability.

Benzinga · Jul 15

Are Crypto Prices Lying? Bitwise's Q2 Data Suggest the Bull Market Never Stopped

Bitwise’s Head of Research Ryan Rasmussen says crypto asset prices tell only half the story from Q2, with equities, revenue, and real-world adoption all moving in the opposite direction from token prices.

Benzinga · Jul 15

United Airlines Delivers Q2 Double Beat, Shares Slip as Fuel Costs Remain Volatile

United Airlines Holdings Inc (NASDAQ:UAL) reported financial results for the second quarter on Wednesday after the closing bell. Here’s a look at the key details from the print.

Benzinga · Jul 15

Warren Buffett Takes Credit for Berkshire’s Alphabet Stock Buy: ‘I Initiated It’

One of the newest stocks added to the Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) investment portfolio is Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL). While the position started towards the end of Warren Buffett’s time as CEO of Berkshire, the legendary investor wants people to know he gets the credit for buying the stock.

Benzinga · Jul 15

Anduril Breaks Into Hypersonics: Army Says It’s Now a Player

A senior U.S. Army acquisition leader said that Anduril Industries could become a supplier for the service’s hypersonic weapons push, as the Army looks to blend premium long-range missiles with cheaper options to expand stockpiles.

Benzinga · Jul 15

Goldman Sachs Crushes Records, but This Analyst Warns the Party Is Over

Goldman Sachs Group Inc. (NYSE:GS) climbed to a new 52-week high on Wednesday after posting record second-quarter results, but Citizens kept its Market Perform rating, arguing that the stock’s strong run already reflects much of the improving earnings outlook.

Benzinga · Jul 15