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A House panel Wednesday voted in favor of subpoenaing former President Bill Clinton and former Secretary of State Hillary Clinton.

Rep. Scott Perry, R-Pa., offered a motion during a House Oversight Committee subcommittee hearing to call on Committee Chairman James Comer, R-Ky., to subpoena people with possible links to Ghislaine Maxwell, the imprisoned former associate of late pedophile Jeffrey Epstein.

‘I have a motion to subpoena the following individuals to expand the full committees investigation into Miss Maxwell – and the list reads as follows: William Jefferson Clinton, Hillary Diane Rodham Clinton, James Brian Comey, Loretta Elizabeth Lynch, Eric Hampton Holder, Jr., Merrick Brian Garland, Robert Swan Mueller III, William Pelham Barr, Jefferson Beauregard Sessions the third, and Alberto Gonzales. That’s the full list, Mr. Chairman. And that’s the motion,’ Perry said.

The motion passed by voice vote, meaning there was not an individual roll call.

The subpoenas would actually need to be issued by Comer to be active.

A House Oversight Committee aide told Fox News Digital, ‘The subpoenas will be issued in the near future.’

It comes after Rep. Summer Lee, D-Pa., a member of the progressive ‘Squad,’ pushed for a vote on her own motion to subpoena any files related to Epstein.

That motion passed in an 8-to-2 vote, also directing Comer to issue that subpoena.

Republican lawmakers have dealt with a barrage of media scrutiny on Epstein’s case over the last two weeks. It’s a side effect of the fallout over a recent Department of Justice (DOJ) memo effectively declaring the matter closed.

Figures on the far-right have hammered Trump officials like Attorney General Pam Bondi, accusing them of going back on earlier vows of transparency.

At Trump’s direction, the DOJ is moving to have grand jury files related to Epstein’s case unsealed. Bondi is looking into whether imprisoned former Epstein associate Ghislaine Maxwell will speak with federal authorities as well.

A House GOP-led motion directing Comer to subpoena Maxwell passed the House Oversight Committee unanimously on Tuesday, and Comer issued the subpoena the following day.

But Democrats have nonetheless seized on the Republican discord with newfound calls of their own for transparency in Epstein’s case. 

Wednesday’s hearing by the Oversight Committee’s subcommittee on federal law enforcement was unrelated to Epstein — but it’s part of a pattern of Democratic lawmakers in the House using any opportunity to force Republicans into an uncomfortable political position on the issue.

Rep. Andy Biggs, R-Ariz., another member of the subcommittee, successfully got Lee’s amendment altered to also call for the release of Biden administration communications related to Epstein.

Fox News Digital reached out to the Clinton Foundation for comment but did not immediately hear back.


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The chart of Meta Platforms, Inc. (META) has completed a roundtrip from the February high around $740 to the April low at $480 and all the way back again.  Over the last couple weeks, META has now pulled back from its retest of all-time highs, leaving investors to wonder what may come next.

Is this the beginning of a new downtrend phase for META?  Or just a brief pullback before a new uptrend phase propels META to new all-time highs?

Today we’ll look at two potential scenarios, including the double top pattern and the cup and handle pattern, and share which technical indicators and approaches could help us determine which path plays out into August.

The double top scenario basically means that the late July retest of the previous all-time high was the end of the recent uptrend phase.  The double top pattern is literally when a major resistance level is set and then retested.  The implication is that a lack of willing buyers means the uptrend is exhausted, and there is nowhere to go but down.

While the 21-day exponential moving average is currently in play for META, I would say that a break below the 50-day moving average could confirm this as the correct scenario.  If that smoothing mechanism does not hold, then the price action would imply less of a pullback and more like the beginning of a real distribution phase.

What is META pulls back but then resumes an uptrend phase, leading META to another new all-time high?  That would result in a confirmed cup and handle pattern, created by a large rounded bottoming pattern followed by a brief pullback.  The key to this pattern is the “rim” of the cup, which sits right at $740 for META.

Given the pullback META has demonstrated so far in July, I would say that a break above the $740 level would basically confirm a bullish cup and handle pattern.  That would suggest much more upside potential for META, as the stock would literally go into previously uncharted territory.

So how can we determine which scenario is more likely to play out?  This is where we need to incorporate more technical indicators into the discussion, as a way to further validate and confirm our investment thesis.

Just to review, I think a break above $740 would confirm a bullish cup and handle pattern.  I would also say that a break below the $680 level, which would represent a move below the 50-day moving average as well as the June swing lows, would basically confirm a bearish double top pattern.

We can also use the Relative Strength Index (RSI) to help determine whether META remains in a bullish trend phase.  During bull phases, the RSI rarely gets below 40, because buyers usually step in to “buy the dips” and keep the momentum fairly constructive.  So if the price would break down, and the RSI would not hold that crucial 40 level, that could mean a bearish outlook is warranted.

Finally, we can use volume-based indicators to assess whether moves in the price are supported by stronger volume readings.  Here I’ve included the Accumulation/Distribution Line, which tracks the trend in daily volume readings over time.  We can see that the high in July resulted in a divergence, as the A/D line was trending lower.  If the A/D line would break below its June and July lows, marked by a dashed red line, that would represent a bearish volume reading for META.

Technical analysis is less about predicting the future, and more about determining the most probable scenarios based on our analysis of trend, momentum, and volume.  I hope this discussion shows how the outlook for META can be easily determined and tracked using the best practices of technical analysis!


RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

marketmisbehavior.com

https://www.youtube.com/c/MarketMisbehavior

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.  The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

Here’s a quick recap of the crypto landscape for Wednesday (July 23) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$118,148, down by 0.7 percent over the last 24 hours. The highest valuation today was US$118,462, while its lowest valuation was US$117,583.

Bitcoin price performance, July 23, 2025.

Chart via TradingView

Bitcoin traded lower over the past 24 hours, hovering between $117,000 and $120,000 amid several market pressures.

A major whale moved over US$1.2 billion in dormant BTC, sparking speculation of potential selling. After a rotation into altcoins, investors took profits following recent highs, while outflows from spot ETFs signaled weaker institutional demand.

Ethereum (ETH) was priced at US$3,592.65, down by 1.9 percent over the past 24 hours. Its lowest valuation as of Wednesday was US$3,568.86, and its highest was US$3,657.02.

Altcoin price update

  • Solana (SOL) was priced at US$188.86, down by 5.5 percent over 24 hours. Its lowest valuation on Wednesday was US$186.95, and its highest was US$192.58.
  • XRP was trading for US$3.25, down 8.9 percent in the past 24 hours. Its lowest valuation of the day was US$3.18, and its highest valuation was US$3.36.
  • Sui (SUI) is trading at US$3.70, down 5.5 percent over the past 24 hours. Its lowest valuation of the day was US$3.67, and its highest was US$3.84.
  • Cardano (ADA) was trading at US$0.8152, down by 6.9 percent over 24 hours. Its lowest valuation on Wednesday was US$0.8058, and its highest was US$0.8370.

Today’s crypto news to know

PNC Bank and Coinbase partner to advance digital asset solutions

PNC Bank and Coinbase (NASDAQ:COIN) have announced a strategic partnership to broaden access to digital asset solutions for PNC’s clients and institutional investors.

This collaboration leverages Coinbase’s “Crypto-as-a-Service” (CaaS) platform, enabling PNC to offer secure and scalable cryptocurrency access. PNC clients will be able to buy, hold and sell cryptocurrencies directly through PNC’s platform.

PNC will also provide essential banking services to Coinbase, signifying a mutual commitment to strengthening the digital financial system. Both companies emphasize that this partnership will meet the increasing demand for secure and streamlined digital asset access.

Goldman Sachs and BNY to launch tokenized money market funds

The Goldman Sachs (NYSE:GS) and BNY (NYSE:BK) are preparing to offer institutional investors access to tokenized money market funds (NNFs), aiming to enhance capital markets with real-time settlement, 24/7 access, and increased efficiencies.

BNY clients will soon be able to invest in money market funds with ownership recorded on Goldman Sachs’ private blockchain, as per a recent news release.

“As the financial system transitions toward a more digital, real-time architecture, BNY is committed to enabling scalable and secure solutions that shape the future of finance,” said Laide Majiyagbe, Global Head of Liquidity, Financing and Collateral at BNY.

“Mirrored tokenization of MMF shares is a first step in this transition, and we are proud to be at the forefront of this first-of-its-kind initiative. Our collaboration with Goldman Sachs Digital Assets highlights our role as a trusted bridge between traditional finance and emerging technologies – empowering clients to navigate this transformation with confidence.”

This initiative involves major players such as BlackRock (NYSE:BLK), Fidelity Investments, Federated Hermes and the asset management divisions of Goldman and BNY.

Tokenized money market funds offer a contrast to interest-bearing stablecoins, which are specifically prohibited under the GENIUS Act, which was signed into law last week. They provide yield, which makes them a low-volatility tool for hedge funds, pensions and corporations.

SEC halts Bitwise crypto index ETF conversion for review

On Tuesday (July 22), the US Securities and Exchange Commission (SEC) Division of Trading and Markets approved the Bitwise 10 Crypto Index to convert to an ETF, only to immediately pause it for review.

However, in a letter issued later that day, SEC assistant secretary Sherry Haywood stated that the order is “stayed until the Commission orders otherwise.”

Bloomberg ETF analyst Eric Balchunas suggested that the SEC might be delaying until it establishes a listing standard for crypto ETFs.

Bitwise had applied for this conversion in November for its fund, which offers exposure to a range of cryptocurrencies.

Nate Geraci, president of NovaDius Wealth Management, described the situation as “bizarre,” drawing parallels to the Grayscale Digital Large Cap ETF conversion, which experienced a similar approval and subsequent pause on July 1.

Bitcoin millionaires surge by 16,000 in 2025, according to report

Nearly 16,000 new Bitcoin wallets have crossed the million-dollar threshold since Donald Trump assumed office in January 2025, according to a Finbold report.

The number of Bitcoin millionaires rose from 132,842 in November 2024 to 192,205 by July 20, marking a 45 percent increase in just eight months. Large holders with over US$10 million in BTC also saw gains exceeding 16 percent in the same period.

The surge is linked to renewed investor optimism following Trump’s reelection, along with clear signals of regulatory support and clarity for digital assets.

A significant boost came this week when the US House passed the “Genius Act,” the first federal stablecoin law in the country.

The legislation, expected to streamline compliance for institutions, is widely seen as the most comprehensive federal crypto framework to date.

The rapidly changing policy environment has encouraged capital inflows and bolstered confidence in US-based crypto markets, with the resulting daily average tallying to 88 new Bitcoin millionaires in 2025 alone.

South Korea warns fund managers to reduce exposure to crypto stocks

South Korea’s Financial Supervisory Service (FSS) has issued informal warnings to asset managers over their exposure to crypto-related stocks and ETFs.

According to the Korea Herald, firms with significant holdings in US-listed crypto companies such as Coinbase and Strategy (NASDAQ:MSTR) were reportedly told to scale back.

The directive follows the FSS’s longstanding 2017 stance prohibiting direct investment in virtual assets by financial institutions, despite recent global shifts in crypto regulation. While the agency has been reviewing possible easing of crypto rules, officials reportedly said that licensed entities must continue observing current guidelines.

The FSS has not yet issued a formal statement regarding the report.

PayPal unveils cross-border wallet platform

PayPal (NASDAQ:PYPL) has launched “PayPal World,” a cross-border payments network that integrates several of the world’s largest digital wallets, aiming to simplify international commerce for billions.

The platform’s initial partners include India’s UPI (via NPCI International), China’s Weixin Pay (via Tenpay Global), and PayPal’s own services including Venmo. A memorandum of understanding has also been signed with Mercado Pago in Latin America.

According to PayPal CEO Alex Chriss, the initiative allows users to pay with their native wallets regardless of location. Chriss called it a potential “game changer” for frictionless payments in travel and e-commerce.

“The challenge of moving money across borders is incredibly complex, and yet this platform will make it so simple for nearly two billion consumers and businesses,’ Chriss said a recent press release.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Speaker Mike Johnson, R-La., accused Democrats of orchestrating a ‘cover-up’ of President Joe Biden’s signs of mental decline in a set of remarks to reporters on Wednesday.

The leader of the House of Representatives criticized left-wing lawmakers for their public pressure campaign regarding Jeffrey Epstein’s case, dismissing their calls for transparency as a hypocritical political ploy.

‘We will not be lectured on transparency by the same party that orchestrated one of the most shameless, dangerous political cover-ups in the history of the United States – and that was President Biden’s obvious mental decline,’ Johnson told reporters.

‘House Republicans stand for maximum transparency and truth. We always have, and we always will.’

It comes as the House Oversight Committee continues to investigate allegations that the former president’s top White House aides obscured signs of mental and physical decline in the octogenarian leader from the public and others in the administration.

Biden told The New York Times earlier this month that he was fully aware of every decision he made in a story regarding his use of autopen for clemency orders.

Johnson and other Republican lawmakers have dealt with a barrage of media scrutiny on Epstein’s case over the last two weeks. It’s a side effect of the fallout over a recent Department of Justice (DOJ) memo effectively declaring the matter closed.

Figures on the far-right have hammered Trump officials like Attorney General Pam Bondi, accusing them of going back on earlier vows of transparency.

At Trump’s direction, the DOJ is moving to have grand jury files related to Epstein’s case unsealed. Bondi is looking into whether imprisoned former Epstein associate Ghislaine Maxwell will speak with federal authorities as well.

Democrats seized on the discord by forcing Republicans on a key panel – the House Rules Committee – to take multiple votes on whether to make files related to Epstein’s case public.

GOP lawmakers’ frustration at being put into a tough political situation forced House Republicans’ agenda to partially grind to a halt this week, forcing leaders to send the House into August recess a day earlier than initially planned.

Some Republicans are frustrated with the Trump administration’s handling of the issue, while others are angry at fellow GOP lawmakers joining Democrats in public calls for transparency.

Many, like Johnson, have accused Democrats of operating on a double-standard. 

‘The way Democrats have tried to weaponize this issue is absolutely shameless. And I just want to say this – Democrats said nothing and did nothing, absolutely nothing, about bringing transparency for the entire four years of the Biden presidency,’ the speaker said. But now, all of a sudden, they want the American people to believe that they actually care.’

When reached for comment, a spokesperson for House Minority Leader Hakeem Jeffries, D-N.Y., pointed Fox News Digital to his remarks on Epstein earlier this week, questioning what Republicans were ‘hiding.’

‘Jeffrey Epstein committed suicide during the Trump administration. Trump administration officials have said, prior to arriving in Washington in positions of prominence, including at the FBI and the Department of Justice, that they were going to release the Epstein files. Trump administration officials are now in a position to release the Epstein files,’ Jeffries said. 

‘Does any of that, in your view, have anything to do with President Joe Biden? Why do we think President Joe Biden or President Barack Obama’s names are being invoked?’

Fox News Digital also reached out to the office of former President Joe Biden for comment but did not immediately hear back.


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Director of National Intelligence Tulsi Gabbard doubled down at a White House press briefing Wednesday, alleging the Obama administration promoted a ‘contrived narrative’ that Russia interfered in the 2016 election. 

‘There is irrefutable evidence that details how President Obama and his national security team directed the creation of an intelligence community assessment that they knew was false,’ Gabbard said. ‘They knew it would promote this contrived narrative that Russia interfered in the 2016 election to help President Trump win, selling it to the American people as though it were true. It wasn’t.’ 

Gabbard’s comments come amid the declassification of a trove of documents from the U.S. intelligence community that allege the Obama administration politicized intelligence, and that U.S. intelligence organizations did not have direct information that Russian President Vladimir Putin sought to support Trump’s election in 2016. 

 

‘All come back to and confirm the same report: There was a gross politicization and manipulation of intelligence by the Obama administration intended to delegitimize President Trump even before he was inaugurated, ultimately usurping the will of the American people,’ Gabbard said. 

Gabbard also said that the declassified documents have been shared with the Department of Justice and the FBI so those agencies can evaluate if any criminal implications stemming from the materials are warranted. 

‘We have referred and will continue to refer all of these documents to the Department of Justice and the FBI, to investigate the criminal implications of this for the evidence,’ Gabbard said. ‘Correct. The evidence that we have found, and that we have released, directly point to President Obama leading the manufacturing of this intelligence assessment. There are multiple pieces of evidence and intelligence that confirm that fact.’

On Tuesday, President Donald Trump accused former President Barack Obama of being the ‘ringleader’ of investigations into whether his campaign colluded with Russia in the 2016 election. 

In response, a spokesperson for Obama labeled the accusations ‘bizarre’ and said the new documents do not alter the conclusions of previous intelligence assessments, including a 2020 report from the Senate Intelligence Committee that was chaired by now-Secretary of State Marco Rubio. 

‘Out of respect for the office of the presidency, our office does not normally dignify the constant nonsense and misinformation flowing out of this White House with a response,’ Obama spokesman Patrick Rodenbush said in a statement. ‘But these claims are outrageous enough to merit one.’ 

‘These bizarre allegations are ridiculous and a weak attempt at distraction,’ Rodenbush said. ‘Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes.’ 

A spokesperson for Obama did not immediately respond to a request for comment from Fox News Digital Wednesday. 

The newly declassified documents name Obama, in addition to other administration officials, including Director of National Intelligence James Clapper, CIA Director John Brennan, National Security Advisor Susan Rice, Secretary of State John Kerry, Attorney General Loretta Lynch and Deputy FBI Director Andrew McCabe. 

Fox News Digital previously reported that Gabbard sent a criminal referral to the Justice Department pertaining to the newly declassified material, but the agency did not disclose specifics regarding whom the criminal referral targeted. 

The Justice Department did not immediately respond to a request for comment from Fox News Digital on Wednesday. 

Gabbard’s appearance before reporters at the White House came just hours after she released a 2020 report from the House Permanent Select Committee on Intelligence, which said the intelligence community published ‘potentially biased’ or ‘implausible’ intelligence suggesting Putin sought to help Trump win the election, per the ‘unusual’ orders of Obama. 

Fox News’ Brooke Singman and Mike Emanuel contributed to this report. 


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The Supreme Court on Wednesday said President Donald Trump could proceed with the firing of three Democratic members of the U.S. Consumer Product Safety Commission (CPSC) who were fired and then reinstated to their roles on the board — the latest high-stakes court clash centered on Trump’s authority as authority to remove or otherwise control the fate of independent agency.

The majority sided with the Trump administration in a 6-3 vote on the emergency order, the last of the Supreme Court’s current term. Justices Sonia Sotomayor, Elena Kagan, and Ketanji Brown Jackson dissented.

The Trump administration asked the Supreme Court in early July to stay the decision of a lower court judge in Maryland who sided with the three ousted board members, Mary Boyle, Alexander Hoehn-Saric and Richard Trumka Jr. U.S. District Judge Matthew Maddox, a Biden appointee, ruled that their firings were unlawful and ordered they be reinstated to their roles.

The Fourth Circuit U.S. Court of Appeals declined to grant the Trump administration’s request to stay the order, clearing the way for the administration to appeal the matter to the Supreme Court.

In its emergency filing to the Supreme Court, U.S. Solicitor General D. John Sauer pointed to the court’s decision in another, factually similar emergency case reviewed by the high court earlier this year, in which justices agreed to temporarily block the reinstatements of board members for the National Labor Relations Board (NLRB) and Merit Systems Protection Board (MSPB).

Sauer pointed to the factual similarities underpinning both cases, and argued that the high court’s emergency decision there ‘squarely controls this case.’

The CPSC board members disputed that notion in their own Supreme Court filing — arguing that their removals from the CPSC would ‘disrupt the status quo’ from an agency dedicated to consumer protection and safety.

They also pointed to the timing of their removals, noting that the Trump administration made no attempt to oust them for four months — a delay they argue shows no urgency and undercuts any claim of ‘irreparable harm,’ a key standard for emergency court action.

After the U.S. Court of Appeals for the 4th Circuit rejected the government’s request to temporarily freeze Maddox’s order, the government appealed it to the Supreme Court.

In his ruling, Maddox said that the tenured design and protection of the five-member, staggered-term CPSC board does ‘not interfere with’ Trump’s executive branch powers under Article II of the U.S. Constitution.

The case is the latest in a string of challenges centered on Trump’s ability to remove members of independent boards. Like the NLRB and MSPB rulings, it centers on the 90-year-old Supreme Court decision known as Humphrey’s Executor, in which the court unanimously ruled that presidents cannot fire independent board members without cause.

Maddox invoked the uncertainty created by the preliminary posture of the NLRB and MSPB cases, which saw both plaintiffs removed and reinstated to their positions multiple times — which he said was the basis for ordering more permanent injunctive relief.

‘Disruption might have resulted in the instant case if Plaintiffs had been reinstated while this case was in its preliminary posture, only to have the Court later deny relief in its final judgment and subject Plaintiffs to removal again,’ said Maddox. ‘The risk of such disruption is no longer a factor now that the Court is granting permanent injunctive relief as a final judgment.’ 

In his ruling, Maddox said that the tenured design and protection of the five-member, staggered-term CPSC board does ‘not interfere with’ Trump’s executive branch powers under Article II of the U.S. Constitution.


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China has discovered a new uranium deposit in the Tarim Basin at a depth of 1,820 meters, the deepest recorded for sandstone-type uranium in the country, according to state-owned China National Nuclear Corporation (CNNC).

CNNC said the discovery was made through a combination of deep drilling and predictive geological modeling and is part of a broader strategy to reduce reliance on imported nuclear fuel.

This type of deposit, long favored for its relative ease and low cost of extraction, is emerging as a crucial part of China’s strategy to reduce reliance on foreign uranium amid an unprecedented expansion of its nuclear power fleet.

“By implementing relatively deep drilling verification, we finally discovered thick industrial uranium mineralisation in the desert heart,” said Qin Mingkuan, principal investigator at CNNC, as quoted by state broadcaster CCTV.

According to official data, China imported about 13,000 metric tons of uranium in 2023, while domestic production amounted to just 1,700 metric tons.

However, demand is still soaring. The International Atomic Energy Agency estimates that China’s nuclear fleet could require over 40,000 metric tons of uranium annually by 2040, nearly triple today’s global annual uranium production.

Shifting ground

Until recently, most of China’s uranium was extracted from granite and volcanic rock formations in the southern provinces, which are harder to mine and less scalable.

In contrast, sandstone-hosted uranium, found in northern regions like Inner Mongolia and Xinjiang, is more conducive to in-situ leaching, a process that allows for less invasive, lower-cost recovery.

According to CNNC, The newly discovered deposit in Tarim is a proof point for China’s investment in geophysical modeling, which it used remote sensing and predictive analytics to identify the site before drilling.

The achievement is also being seen as a technological validation for CNNC’s flagship “National No. 1 Uranium” demonstration project in the Ordos Basin in Inner Mongolia — now the country’s largest uranium production base by capacity.

Earlier this month, that site produced its first barrel of uranium, just a year after breaking ground.

The project employs advanced in-situ leaching techniques that use carbon dioxide and oxygen-enriched water to extract uranium from underground ore bodies. The process is touted as not only environmentally cleaner than traditional mining, but also more efficient.

Strategic push for uranium

China’s renewed focus on domestic uranium forms part of its overall strategy to support its nuclear energy ambitions, which are now among the most aggressive in the world.

According to a Goldman Sachs report, roughly half of all nuclear reactors currently under construction worldwide are located in China.

As of the end of 2024, the country had 58 operational reactors generating about 56.9 gigawatts of electricity, with another 32 reactors under construction expected to add more than 34 gigawatts of capacity. Dozens more are in the planning pipeline.

The China Nuclear Energy Association further projects that installed capacity will reach 200 gigawatts by 2040 — a level that would more than double the current US nuclear fleet and make China the undisputed global leader in atomic energy.

To fuel that expansion, China has adopted a “three-thirds” approach: one-third of uranium to be sourced domestically, one-third from overseas joint ventures or equity stakes, and one-third purchased on the open market.

But recent geopolitical tensions — including US export restrictions on some nuclear-related equipment — have increased pressure on Beijing to accelerate domestic uranium production.

In April, China’s State Council approved the construction of additional reactors across five coastal sites, requiring a combined investment of nearly 200 billion yuan (US$27.9 billion).

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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The White House on Wednesday (July 23) released a sweeping national strategy for artificial intelligence (AI), outlining over 90 federal actions designed to strengthen America’s position as the global leader in AI development.

Titled “Winning the AI Race: America’s AI Action Plan,” the document fulfills a mandate laid out in President Trump’s January 23 executive order, which called for the removal of what the administration described as “barriers to American leadership” in the field.

The plan sets priorities across three core pillars: accelerating innovation, building domestic infrastructure, and leading on global AI diplomacy and security.

The White House said parts of the strategy will be enacted via executive orders in the coming weeks, with Trump and senior officials set to promote the initiative at an event Thursday night hosted by the Hill and Valley Forum, a group of influential tech donors and investors.

“President Trump has prioritized AI as a cornerstone of American innovation,” said Michael Kratsios, Director of the White House Office of Science and Technology Policy. “This plan galvanizes federal efforts to turbocharge our innovation capacity, build cutting-edge infrastructure, and lead globally, ensuring that American workers and families thrive in the AI era.”

The new initiative marks a clear departure from previous federal policy, explicitly revoking the Biden-era Executive Order 14110, “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence,” which had emphasized caution, regulation, and ethical oversight.

In contrast, the Trump administration’s AI directive aims to remove what it describes as “onerous” federal restrictions and foster what it calls innovation free from “ideological bias.”

The goal, according to administration officials, is to secure the global proliferation of US-made AI technologies and prevent the dominance of foreign alternatives.

Domestically, the plan pledges to fast-track the permitting process for building new data centers and semiconductor fabs, and to launch national workforce initiatives targeting technical trades essential to AI infrastructure, such as electricians and HVAC technicians.

David Sacks, the White House Special Advisor for AI and Crypto, framed the plan in strategic and geopolitical terms.

“Artificial intelligence is a revolutionary technology with the potential to transform the global economy and alter the balance of power in the world,” Sacks said, adding that in order to win the AI race, the US must center its innovation domestically and “avoid Orwellian uses of AI.”

In May, the Trump administration reached agreements with the United Arab Emirates to grant the country access to advanced AI chips—part of a broader US$200 billion cooperation deal announced alongside plans for a 5‑gigawatt AI campus in the UAE.

As of now, the White House has not provided a timeline for the full rollout of the 90 outlined actions, but officials said implementation would begin “in the coming weeks.”

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Markets don’t usually hit record highs, risk falling into bearish territory, and spring back to new highs within six months. But that’s what happened in 2025.

In this special mid-year recap, Grayson Roze sits down with David Keller, CMT, to show how disciplined routines, price-based signals, and a calm process helped them ride the whipsaw instead of getting tossed by it. You’ll see what really happened under the surface, how investor psychology drove the swings, and the exact StockCharts tools they leaned on to stay objective. 

If you’re focused on protecting capital, generating income, and sleeping well at night while still capturing the upside, this is a must-watch. Discover which charts deserve your attention now, what to ignore, and how to prep for the back half of 2025. 

This video premiered on July 23, 2025. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.


You can view previously recorded videos from Grayson at this link.

Special Envoy Steve Witkoff is expected to meet with Israeli and Qatari officials in Rome on Thursday as the U.S. pushes for a ceasefire deal in Gaza. 

Hamas and Israel are engaging in indirect negotiations to end the war that has raged on for nearly two years. However, Witkoff’s itinerary depends on the progress made in the talks. If the parties make enough progress in Rome, Witkoff will reportedly travel to Doha to finalize the deal, according to Axios. 

The outlet also reported that sources indicated the meeting in Rome could suggest that a deal is near — possibly just days away.

Earlier this month, Israel agreed to a U.S.-backed, 60-day ceasefire proposal that would lead to the end of the war. This deal includes a phased release of hostages, the withdrawal of Israeli troops from parts of Gaza and talks on ending the conflict, according to Reuters.

‘My representatives had a long and productive meeting with the Israelis today on Gaza. Israel has agreed to the necessary conditions to finalize the 60 Day CEASEFIRE, during which time we will work with all parties to end the war. The Qataris and Egyptians, who have worked very hard to help bring peace, will deliver this final proposal. I hope, for the good of the Middle East, that Hamas takes this deal because it will not get better — IT WILL ONLY GET WORSE,’ President Donald Trump wrote on Truth Social on July 1.

Trump appeared optimistic about the possibility of Israel and Hamas reaching a deal to end the war. On July 16, while signing the HALT Fentanyl Act, Trump thanked Witkoff, praising him for doing ‘a fantastic job’ and said that there was ‘some good news on Gaza,’ though he did not elaborate.

If Trump can secure an end to the war, it could mean an expansion of the Abraham Accords, one of the signature efforts of Trump’s first administration, which saw Israel sign normalization agreements with the United Arab Emirates, Bahrain, Morocco and Sudan. However, Trump has yet to detail which countries would be added.

Israeli Minister of Foreign Affairs Gideon Sa’ar said on June 30 that Israel was ‘serious’ about seeking an end to the conflict. He added that Jerusalem has an interest in ‘countries, such as Syria and Lebanon, our neighbors, to the circle of peace and normalization.’

Fox News Digital’s Greg Wehner and Caitlin McFall contributed to this report.


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