Wall St Engine
Some Senate Republicans on the Finance Committee are signaling they’re open to keeping some nuclear and geothermal tax credits as they begin reconciliation talks on the House-passed IRA rollbacks.
Senators like Todd Young and James Lankford say they’d support a longer phaseout rather than a full repeal, especially for baseload energy sources like nuclear and geothermal. The move reflects broader GOP support for more reliable power over intermittent renewables like wind and solar, which they argue weaken grid stability.
Source: Axios
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Some Senate Republicans on the Finance Committee are signaling they’re open to keeping some nuclear and geothermal tax credits as they begin reconciliation talks on the House-passed IRA rollbacks.
Senators like Todd Young and James Lankford say they’d support a longer phaseout rather than a full repeal, especially for baseload energy sources like nuclear and geothermal. The move reflects broader GOP support for more reliable power over intermittent renewables like wind and solar, which they argue weaken grid stability.
Source: Axios
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Wall St Engine
UNITY CTO STEVE COLLINS STEPS DOWN
TechCrunch reports Collins is leaving for personal reasons just six months after joining. Collins joined from Candy Crush maker King. Unity’s $U been through a rough stretch with layoffs, pricing backlash, and a CEO exit. https://t.co/rE6QQZbZG5
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UNITY CTO STEVE COLLINS STEPS DOWN
TechCrunch reports Collins is leaving for personal reasons just six months after joining. Collins joined from Candy Crush maker King. Unity’s $U been through a rough stretch with layoffs, pricing backlash, and a CEO exit. https://t.co/rE6QQZbZG5
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The All-In Podcast
🚨🚨 new all-in interview: jared isaacman on what went wrong at nasa
@rookisaacman joins @friedberg for an incredible conversation on:
-- being nominated by president trump to lead nasa
-- the problems at nasa and his plan to fix them: misalignment, bureaucracy, external forces
-- breaking down the proposed budget cuts to nasa
-- why china caught up in defense and space, and how to change america's trajectory
-- private vs public in the space industry
-- why his nomination was withdrawn days before he was set to be confirmed
(0:00) @friedberg welcomes @rookisaacman
(1:10) jared's background: billion-dollar founder, pilot, commercial astronaut
(7:15) relationship with elon and spacex, road to becoming a commercial astronaut
(16:37) becoming trump's nominee to lead nasa, the major issues at nasa and his plan to fix them
(31:52) breaking down nasa's proposed budget cuts, the space race against china, private vs public space industry
(48:31) why jared's nomination was withdrawn by president trump
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🚨🚨 new all-in interview: jared isaacman on what went wrong at nasa
@rookisaacman joins @friedberg for an incredible conversation on:
-- being nominated by president trump to lead nasa
-- the problems at nasa and his plan to fix them: misalignment, bureaucracy, external forces
-- breaking down the proposed budget cuts to nasa
-- why china caught up in defense and space, and how to change america's trajectory
-- private vs public in the space industry
-- why his nomination was withdrawn days before he was set to be confirmed
(0:00) @friedberg welcomes @rookisaacman
(1:10) jared's background: billion-dollar founder, pilot, commercial astronaut
(7:15) relationship with elon and spacex, road to becoming a commercial astronaut
(16:37) becoming trump's nominee to lead nasa, the major issues at nasa and his plan to fix them
(31:52) breaking down nasa's proposed budget cuts, the space race against china, private vs public space industry
(48:31) why jared's nomination was withdrawn by president trump
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Wall St Engine
$META EYES HOLLYWOOD FOR VR PUSH
WSJ reports Meta is in talks with Disney $DIS, A24, and others to fund exclusive content for its new premium VR headset, codenamed “Loma,” launching in 2026. It’ll cost under $1,000 and aims to rival Apple’s Vision Pro by offering immersive content tied to major IP.
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$META EYES HOLLYWOOD FOR VR PUSH
WSJ reports Meta is in talks with Disney $DIS, A24, and others to fund exclusive content for its new premium VR headset, codenamed “Loma,” launching in 2026. It’ll cost under $1,000 and aims to rival Apple’s Vision Pro by offering immersive content tied to major IP.
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Wall St Engine
👀
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👀
Call your Senator,
Call your Congressman,
Bankrupting America is NOT ok!
KILL the BILL tweet
twitter.com
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Wall St Engine
HACKERS LEAK 86M AT&T $T RECORDS W/ DECRYPTED SSNs
A database tied to the April 2024 Snowflake breach is now circulating online, this time with decrypted Social Security numbers for over 44M customers. Total leak includes 86M unique records. AT&T has not confirmed if this is new or linked.
(via Hackread)
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HACKERS LEAK 86M AT&T $T RECORDS W/ DECRYPTED SSNs
A database tied to the April 2024 Snowflake breach is now circulating online, this time with decrypted Social Security numbers for over 44M customers. Total leak includes 86M unique records. AT&T has not confirmed if this is new or linked.
(via Hackread)
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Wall St Engine
RT @wallstengine: GOLDMAN: FED LIFTING WELLS ASSET CAP COULD BOOST EPS 14–19%
With the key constraint gone, Goldman sees upside from deposit growth and cost cuts. ROTCE could climb to 16.5–17.3% in 2026. $WFC might also issue preferreds to unlock more return-accretive capacity. https://t.co/hIYRGPONpu
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RT @wallstengine: GOLDMAN: FED LIFTING WELLS ASSET CAP COULD BOOST EPS 14–19%
With the key constraint gone, Goldman sees upside from deposit growth and cost cuts. ROTCE could climb to 16.5–17.3% in 2026. $WFC might also issue preferreds to unlock more return-accretive capacity. https://t.co/hIYRGPONpu
FEDERAL RESERVE LIFTS $WFC ASSET CAP RESTRICTION
The Fed just removed the asset growth restriction it placed on Wells Fargo back in 2018. After reviewing the bank’s governance and risk management improvements, plus third-party assessments, regulators say the conditions for lifting the cap have been met. Other parts of the 2018 enforcement order still remain. tweet
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Quiver Quantitative
Representative Seth Magaziner just spoke on congressional stock trading.
"It is insane that members of Congress are allowed to trade stocks to profit off of our positions"
- @SethMagaziner https://t.co/VADPP9WMbk
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Representative Seth Magaziner just spoke on congressional stock trading.
"It is insane that members of Congress are allowed to trade stocks to profit off of our positions"
- @SethMagaziner https://t.co/VADPP9WMbk
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Wall St Engine
YALE NEARS $2.5B PRIVATE EQUITY SALE
Bloomberg reports Yale is close to offloading up to $2.5B worth of private equity and VC stakes at under a 10% discount. The sale, dubbed “Project Gatsby,” allows buyers to cherry-pick funds. Lexington and HarbourVest among firms reviewing the deal.
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YALE NEARS $2.5B PRIVATE EQUITY SALE
Bloomberg reports Yale is close to offloading up to $2.5B worth of private equity and VC stakes at under a 10% discount. The sale, dubbed “Project Gatsby,” allows buyers to cherry-pick funds. Lexington and HarbourVest among firms reviewing the deal.
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