Wall St Engine
Byron Allen’s Allen Media has hired Moelis to explore selling its 28 local TV stations—acquired for over $1B—to reduce its $1.5B debt load, Bloomberg reports. Allen says he’s received “numerous inquiries and written offers” and sees now as the time to realize returns. Proceeds from any sales would help deleverage amid cost cuts and FCC talk of potential deregulation in station ownership rules.
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Byron Allen’s Allen Media has hired Moelis to explore selling its 28 local TV stations—acquired for over $1B—to reduce its $1.5B debt load, Bloomberg reports. Allen says he’s received “numerous inquiries and written offers” and sees now as the time to realize returns. Proceeds from any sales would help deleverage amid cost cuts and FCC talk of potential deregulation in station ownership rules.
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Wall St Engine
The Trump Administration has set a firm deadline of July 8th to finalize trade deals. President Trump is also pushing countries to submit their best offers by Wednesday to avoid tariffs being reinstated
Here’s the list of countries Polymarket expects to close a deal before July: https://t.co/E3Kl91kHMJ
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The Trump Administration has set a firm deadline of July 8th to finalize trade deals. President Trump is also pushing countries to submit their best offers by Wednesday to avoid tariffs being reinstated
Here’s the list of countries Polymarket expects to close a deal before July: https://t.co/E3Kl91kHMJ
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Quiver Quantitative
The most profitable members of the House since the election, per our estimates: https://t.co/L5r5xoFMpu
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The most profitable members of the House since the election, per our estimates: https://t.co/L5r5xoFMpu
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Wall St Engine
Elon Musk’s Neuralink just raised $650M to keep pushing on brain-computer tech. The company says it’s building tools to help people with motor, speech, or vision impairments—letting them control devices, express thoughts as text, and even create visual perception using just their minds.
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Elon Musk’s Neuralink just raised $650M to keep pushing on brain-computer tech. The company says it’s building tools to help people with motor, speech, or vision impairments—letting them control devices, express thoughts as text, and even create visual perception using just their minds.
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Quiver Quantitative
JUST IN: Senator Tim Sheehy has set up a blind trust to avoid conflicts of interest.
He is one of the only U.S. Senators who has done so. https://t.co/yP6RdCttkS
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JUST IN: Senator Tim Sheehy has set up a blind trust to avoid conflicts of interest.
He is one of the only U.S. Senators who has done so. https://t.co/yP6RdCttkS
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Wall St Engine
S&P 500 Closing Bell Heatmap (Jun 02, 2025)
$SPY +0.57% 🟩
$QQQ +0.79% 🟩
$DJI +0.08% 🟩
$IWM +0.32% 🟩
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S&P 500 Closing Bell Heatmap (Jun 02, 2025)
$SPY +0.57% 🟩
$QQQ +0.79% 🟩
$DJI +0.08% 🟩
$IWM +0.32% 🟩
S&P 500 Opening Bell Heatmap (Jun 02, 2025)
$SPY -0.21% 🟥
$QQQ -0.26% 🟥
$DJI -0.41% 🟥
$IWM +0.33% 🟩 tweet
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The All-In Podcast
Revenue from Tariffs Jumped to ~$23B in May 📈💰
Via Newsweek:
-- ~$23B is up more than 2x since February
-- ~$68B collected so far in 2025, up 78% y/y
Earlier this year, @Jason had the following market created: "Will tariffs generate >$250b in 2025?"
According to Polymarket, surpassing $250B this year is still unlikely (17% chance), despite recent growth.
However, chances have increased six percentage points in the last week, even with two federal courts blocking Trump's tariffs (those blocks have been temporarily paused by an appeals court).
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Revenue from Tariffs Jumped to ~$23B in May 📈💰
Via Newsweek:
-- ~$23B is up more than 2x since February
-- ~$68B collected so far in 2025, up 78% y/y
Earlier this year, @Jason had the following market created: "Will tariffs generate >$250b in 2025?"
According to Polymarket, surpassing $250B this year is still unlikely (17% chance), despite recent growth.
However, chances have increased six percentage points in the last week, even with two federal courts blocking Trump's tariffs (those blocks have been temporarily paused by an appeals court).
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