Friday Watch

Around X:

• @ElonMusk

• The legacy media puppet parade. (video)
• Elon Musk in the United States: • Tesla’s HQ and factories. • SpaceX’s facilities and launch sites. • Starlink’s operations. • SpaceX Starbase city. • The Boring Company’s tunnels. • Neuralink’s research centers. • xAI’s AI initiatives. • X Corp’s digital influence.
  

• @ZeroHedge

• Chick-fil-A now has self-driving minicars that deliver your food in Atlanta. (video)
• What The Biden Health Coverup Reveals About The Political Class.
• TRUMP TO INVOKE WARTIME ACT ON URANIUM, SET TO SIGN NUCLEAR ORDERS – RTRS. TRUMP EXPECTED TO SIGN NUCLEAR-RELATED ORDERS AS SOON AS FRIDAY. SMR, OKLO soaring. 21% of SMR float is short, about to get steamrolled. 
• AI, Chips, Humanoid Robots: Top Takeaways From Computex 2025.
• Far-Left Activist Charged In Jewish Museum Killings, Shot Couple Multiple Times As They Struggled To Live.
• Watch: Harmeet Dhillon Exposes DOJ's 'Color Revolution' Wing: Secret 'Resistance' Memos, 'Unhappy Hours,' & 'Crying Sessions'.
• *SUPREME COURT BACKS TRUMP'S OUSTER OF AGENCY LEADERS FOR NOW *SUPREME COURT SAYS AGENCY LEADER RULING DOESN'T APPLY TO FED.
• EXCLUSIVE! President Donald Trump’s Weaponization Czar Ed Martin says he had a meeting on bringing back the FBI whistleblowers. Martin says, “we’re going to fix it! We’re going to fix it because these guys are patriots…You’re going to be happy, Breanna!” (video)
• Iran Will Hold US Responsible For Any Israeli Attack On Nuclear Sites: Foreign Minister.
• Stocks Flat As Mystery Buyer Emerges For Bonds After "Budget-Busting Bill" Passes, Bitcoin Tags $112,000.

• @MarioNawful

• JUDGE PLAYS "WHACK-A-MOLE" WITH TRUMP'S STUDENT VISA CRACKDOWN. A federal judge just blocked the Trump administration from deporting international students whose visas were revoked—comparing the government's efforts to a children's arcade game. Judge Jeffrey White granted a nationwide injunction protecting thousands of students, claiming officials "uniformly wreaked havoc" by revoking their immigration status. Judge White: "It is unclear how this game of whack-a-mole will end unless defendants are enjoined from skirting their own mandatory regulations." The ruling came hours after Harvard lost its ability to enroll international students. Now every student in the exchange visitor program gets a free pass while lawyers debate.
• TESLA’S OPTIMUS BOT: COOKS, CLEANS, AND WILL CHANGE THE FUTURE FOR THE BETTER. Tesla’s humanoid robot, Optimus, isn’t just walking—it’s working. Designed to handle chores like cooking, vacuuming, and folding laundry, Optimus is Tesla’s leap into domestic automation. With sensors, neural networks, and a frame built for agility, it can navigate cluttered homes and messy kitchens while improving its skills over time. More than a sci-fi showpiece, it’s being trained to adapt to household routines. Think of it as a second set of hands—unfazed by spills or socks. It’s here, and it’s learning to make dinner.
• SEC. KENNEDY: THE ENTIRE CABINET AGREES, CHRONIC DISEASE IS AN EXISTENTIAL THREAT. "It's the first time in American history that all of government—the entire cabinet, most of whom participated in drafting this report or commenting on it—all reached a consensus. And the consensus is that we're in the middle of a chronic disease epidemic that is existential for our country. We spend $4.5 trillion here on our healthcare.” 
• LAWMAKERS BLAST ALLSTATE OVER DISASTER CLAIM DENIALS AS PROFITS SOAR. Natalia Migal’s hurricane-ravaged Georgia home became the face of a Senate showdown over how insurers treat everyday Americans. Allstate offered her $46K for nearly $500K in damages. CEO Tom Wilson made $26 million. Lawmakers aren’t buying the excuses. Adjusters say they were told to alter damage reports. Profits across the industry hit a record $169B in 2024, up 90%. Senator Hawley called it “institutionalized fraud.” The takeaway for homeowners: document everything, question denials, and don’t expect the safety net to catch you unless you fight.  
• TRUMP ADMIN DROPS HAMMER ON HARVARD—NO MORE FOREIGN STUDENTS. The Department of Homeland Security just yanked Harvard’s ability to enroll international students, citing “violence, antisemitism, and CCP coordination.” Nearly 7,000 students now face transfer or deportation. The message? Hosting foreign students is a privilege, not a right—and elite schools aren't immune from federal standards. For Harvard this is retaliation. DHS says it’s nothing but enforcement. A red line’s been drawn—and it runs right through Cambridge.
• TRUMP DECLARES ENERGY EMERGENCY, MOVES TO SUPERCHARGE U.S. NUCLEAR POWER. Trump is done waiting. Facing an AI-fueled power crunch, he’s invoking Cold War-era authority to launch a nuclear revival. Executive orders expected Friday will fast-track reactor approvals, unlock federal land for plant construction, and pour billions into uranium supply chains—cutting dependence on Russia and China. The goal: reclaim America’s nuclear dominance with speed and scale. Utilities like Constellation are already lining up. Trump’s not just boosting watts—he’s redrawing the energy map with uranium, reactors, and raw executive power. The AI boom demands it. The future runs on fission. 
• This week’s episode is going to be fun. Flying cars are around the corner. (video

• @LauraLoomer

• BREAKING: Qatari media, which is regulated by the government, is calling for more Elias Rodriguez’s. A foreign country calling for more murders in America’s capital cannot be tolerated. This is unacceptable. The US Government should condemn this. 
• EXCLUSIVE VIDEO: This is Su Joun, the wife of anti-Trump, Korean born Judge Myong Joun who just blocked President Trump from shutting down the Department of Education today. In this video, she is talking about the importance of DEI. She works for a Diversity company called “Diversity@ Workplace”. She is the PRINCIPAL of the company. The judge’s wife also uses she/her/hers pronouns. Massive conflict of interest since the proliferation of DEI in public schools is one of the main reasons why President Trump wanted to shut down the Department of Education. (video)
• ATTENTION MAGA! Why are we sending America First conservatives to Congress in 2026? To BACK PRESIDENT TRUMP’S AGENDA! Seems like common sense, right? Well, it turns out common sense isn’t so common in the Swamp. Right now, as I type this, Congress is failing us. The Senate is packing up to leave DC today while 91 of President Trump’s @realDonaldTrump nominees are stuck waiting for confirmation. THIS IS DISGRACEFUL!
  

• @TheTranscript

• Autodesk CFO: "Q1 was another strong quarter. We have not seen changes in overall business momentum when compared to recent quarters." $ADSK: +2% AH.
• Workday CEO: "..another solid quarter.." $WDAY: -6% AH. 
• Intuit double beat with total revenues up 15% yoY. CEO: "We have exceptional momentum with outstanding performance across our platform." $INTU: +8% AH.

Night Trading 

• Asian equity indices are +.25% to +.75% on average. 
• Asia Ex-Japan Investment Grade CDS Index 81.25 -1.0 basis point. 
• China Sovereign CDS 53.5 -1.5 basis points.
• China Iron Ore Spot 98.9 USD/Metric Tonne -.15%.
• Swiss Franc/Offshore Chinese Renminbi Cross 8.70 +.13%.
• Bloomberg Emerging Markets Currency Index 36.99 -.04%.
• Bloomberg Global Risk-On/Risk Off Index 70.1 -.7%.
• US 10-Year Yield 4.52% -1.0 basis point.
• Volatility Index(VIX) futures 20.6 -.43%.
• Euro Stoxx 50 futures +.24%. 
• S&P 500 futures +.06%. 
• NASDAQ 100 futures -.04%.

Morning Preview Links

BOTTOM LINE: Asian indices are modestly higher, boosted by industrial and technology shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 75% net long heading into the day.