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Degens Deteriorating
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Prejudice based on political affiliation is now stronger than prejudice based on race, religion, language, or region of origin

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BREAKING: U.S. Central Command (CENTCOM) carried out another round of strikes against Iran on July 8, targeting roughly 90 military sites to further weaken Tehran’s ability to threaten commercial shipping in the Strait of Hormuz. The targets included air defense systems, coastal surveillance assets, missile and drone storage sites, naval capabilities, and military logistics infrastructure.

The strikes came one day after U.S. forces hit about 80 Iranian military targets, including more than 60 IRGC small boats, in response to Iran’s attacks on three commercial vessels despite the ceasefire. CENTCOM said U.S. forces remain fully prepared to carry out additional operations if directed.

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BREAKING: The top 10 US stocks now account for 43% of the S&P 500’s market cap, near the highest on record.

This percentage has been at or above 40% for the last 12 months.

Over the last 10 years, the top 10's weighting in the S&P 500 has more than DOUBLED.

At the same time, the proportion of the 250 smallest companies has halved, to ~7%, the lowest since at least 2014.

To put this differently, the top 10 now account for more than 6 times the market cap of the smallest 250 firms in the S&P 500 index.

A handful of stocks continue to effectively drive the entire market.

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NEW: Palm Beach International Airport officially became Trump International Airport on July 9, 2026, with the president's jet the first to land

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Prosecutors are expected to play a recorded interview in which Tyler Robinson’s former roommate and lover, Lance Twiggs, allegedly told investigators Robinson admitted to killing Charlie Kirk, though the defense wants portions excluded. The court also reviewed new video showing Robinson surrendering at the Washington County Sheriff’s Office alongside his parents and a family friend

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Prosecutors are expected to play a recorded interview in which Tyler Robinson’s former roommate and lover, Lance Twiggs, allegedly told investigators Robinson admitted to killing Charlie Kirk, though the defense wants portions excluded. The court also reviewed new video showing Robinson surrendering at the Washington County Sheriff’s Office alongside his parents and a family friend

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Tyler Robinson returned to court today as his preliminary hearing entered its fourth day, where prosecutors are expected to highlight a recorded interview in which his former roommate allegedly said Robinson confessed to killing Charlie Kirk

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US semiconductor funds are seeing unprecedented demand:

The semiconductor ETF, $SOXX, attracted +$5.4 billion in inflows on Tuesday, the largest daily intake since the fund’s launch in 2001.

This is more than +300% above the previous record daily inflow.

The 3x leveraged long semiconductor ETF, $SOXL, posted +$1.2 billion in inflows, the 2nd-largest daily inflow this year.

In total, US long semiconductor ETFs took in +$7.1 billion in fresh capital on Tuesday.

Year-to-date, $SOXX alone has posted +$13.3 billion in inflows.

Investors are buying the dip in semiconductors at an unprecedented pace.

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Brigham & Women’s Hospital nurses were blocked from returning to work Thursday after a one-day strike, encountering a line of security guards at the hospital’s main entrance

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NEW: WHO warns cancer cases to nearly double in next 25 years

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Egypt's head coach said Argentina's comeback win happened because the game was rigged.

This is a compilation of moments he wants you to see.

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A Chinese restaurant in the Bay Area is fining parents for their out-of-control kids.

The owner of Chez Xue says he has had enough of poorly behaved children in his restaurant, so he is now fining parents.

You You Xue says one customer changed a dirty diaper next to another customer who was dining.

"We are not a playground. Please ensure children REMAIN SEATED at all times and respectful of fellow guests and the dining environment," the restaurant's policy says.

"Running around, shouting, making noise with utensils, etc. WILL NOT BE TOLERATED!"

One parent was charged $327 after their child smashed a credit card machine.

Another parent was charged $109 after their kid carved designs into a table with a utensil.

One more parent was charged $5 after a child smashed a teacup.

"I honestly put this notice on my menu because I didn't want to put my employees in the position of parenting other people's children. It should not be their job," the owner said.

This guy is awesome.

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