My friends, we have toppled a political dynasty. I wish Andrew Cuomo only the best in private life. But let tonight be the final time I honor his name.As we turn the page on a politics that abandons the many and answers only to the few. After all, if anyone can show a nation betrayed by Donald Trump how to defeat him, it is the city that gave rise to him. And if there is any way to terrify a despot, it is by dismantling the very conditions that allowed him to accumulate power.This is not only how we stop Tr ...

We've also, as of midnight, entered day 36 of the government shutdown, a new milestone on the dysfunction of Washington, D. C. , with the longest shutdown on record.Has there been any movement to reopen the government. Well, we have gotten perhaps a glimmer of hope. We heard from Senate Majority Leader John Thune, who said that a potential off ramp seems to be coming together.But importantly, this is very fragile and it doesn't seem like the conversations have extended to the leadership level yet. But our u ...

Market Trends & Global Economy - Global stocks and futures experienced losses due to concerns about elevated valuations, leading investors to seek safety in Treasuries, gold, and the Yen [1][48] - A risk-off mood is prevalent, with major assets undergoing capitulation, impacting S&P futures and various indices [3][4] - A U S government shutdown has reached a record length of 36 days, adding to market uncertainty [6][31] - Crypto assets, including Bitcoin, are seeing pullbacks, indicating broad risk-off sentiment across multiple asset classes [7][53] ADNOC Global Trading & Strategy - ADNOC Global Trading was launched in December 2020 to add value by tapping into the trading space, shifting from 100% FOB sales to delivering 95% of products directly to buyers [8][9] - ADNOC Global Trading has expanded globally with offices in Singapore, Geneva, and plans for the U S, optimizing value across continents [10][14][15] - ADNOC Global Trading trades over 16 products, including byproducts, NAFTA, gas oil, gasoline, crude, LNG, carbon, and sulfur, with LNG trading volume three times its production [11][12] - ADNOC Global Trading views itself as an internal consultant, providing market insights to other ADNOC units for project planning and expansion [15][16] - ADNOC is implementing AI across the organization, including ADNOC Global Trading, focusing on data crunching, quick decisions, and risk management [21][22] Energy Market Dynamics & Production - ADNOC aims to increase its oil production capacity to 5 million barrels per day by the end of 2027, integrating AI to achieve this goal [56][58] - ADNOC is making progress in unconventional oil exploration, partnering with best-in-class operators and aiming for a minimum of 300 million per day in the near future [59][62] - Long-term energy demand is expected to grow, with oil demand remaining above 100 million barrels per day by 2040, emphasizing the need for reliable and low-carbon intensity production [68] Nigeria & Investment - Nigeria is open to selling its state-owned refineries to boost downstream competition and is proceeding with a $23 billion Euro bond sale [71][82] - Nigeria expects $20 billion of oil and gas investment by 2029, driven by improved fiscal years and a more competitive investment climate [78][79]

AI & Tech Sector - The AI sector is considered the biggest macro theme globally and is currently in a CapEx bubble, but the bubble has not yet burst [1] - Strong earnings from companies like Amazon and Alphabet are partially due to increased valuations of their AI investments, creating problematic circularity [3] - Concerns exist regarding investments and behavior related to data centers from AI and momentum stocks, indicating a frothy stage [3][4] - The recent tech selloff is not considered dramatic, and a buy-the-dip mentality is expected to prevail [2][4] Cryptocurrency Market - Bitcoin is trading below its one-year (365-day) moving average, making it one of the worst trades since Trump's election victory [5][6] - Digital asset treasury companies are facing problems, suggesting further outflows are likely [7] - The cryptocurrency market is expected to experience a sustained down wave, with Bitcoin undergoing a 70%+ correction [7][8] - A 70%+ correction in Bitcoin is anticipated, which will negatively impact the broader crypto sector and retail sentiment [8] - The crypto collapse is not expected to coincide with a broader market bubble burst, but will likely precede it by a couple of months [10] - Problems in the crypto market are growing and will hurt meme stocks and marginal momentum names, slightly impacting the tech sector and retail index, eventually feeding into a wealth effect on the economy [9][10]

The sun may have set over our city this evening, but as Eugene Debs once said. I can see the dawn of a better day for humanity. For as long as we can remember.The working people of New York have been told by the wealthy and the well-connected that power does not belong in their hands and fingers bruised from lifting boxes on the warehouse floor. Palms callused from delivery bike handlebars. Knuckles scarred with kitchen burns.These are not hands that have been allowed to hold power. And yet, over the last 1 ...

They always say we're allowed by man with this vote. You guys just scream from the rooftops. And people around the country have heard you.I hear you, too. This was a tough fight, and this is a tough day. But I know your New Jersey.And I love you. I fought for you. I've spoken with thousands of you over this last year.I know your struggles. I know your hopes. I know your dreams.So serving you is worth any tough fight I have to take on. And I am incredibly honored to be your next. ...

And Julie, when it comes to, you know, New York, this is a historic win, has all of 30 for a democratic socialist. It is a historic win and it is one that will be discussed for some time. And it's historic in many ways.I mean, coming into this race months ago, many people had not even heard the names or in Mamdani. He will now be the mayor of this very well known city in the United States of America. It also signals an end to Andrew Cuomo, who obviously very well known, had the backing in President Trump th ...

Political Message - Virginia chose pragmatism over partisanship in 2025 [1] - A message was sent to every corner of the Commonwealth and across the country [1] - Leadership will focus on lowering costs, keeping communities safe, and strengthening the economy [2] Leadership Focus - Leadership will focus on problem-solving, not stoking division [2] - Leadership will always put Virginia first [2]

[Music] In April 2025, the gold to silver ratio surged to nearly 105, meaning it took 105 ounces of silver to buy 1 oz of gold. That level was surpassed only once in the past 50 years, and that was during the market panic in early 2020. Now, in periods of market stress, gold often moves higher first, leaving silver behind, and that's exactly what happened this year.But the catch-up has been remarkable. Silver's jumped 65% in just 5 months, pulling the ratio back to 79, which is much closer to the long-term ...

Company Performance - Palantir's revenue has exceeded analysts' estimates for 21 consecutive quarters [1] - Hertz swung to a third-quarter profit, aided by lower depreciation, with net income of $184 million, or $0.42 per share, compared to a loss of $1.33 billion, or $4.34 per share, the year prior [4][5] - Uber's total bookings grew 21% to $49.7 billion for the quarter, topping estimates [8] Market Trends and Analysis - Palantir's valuation is under scrutiny, with investors questioning the sustainability of the AI rally [1] - Palantir's stock has soared more than 170% this year, with a price-to-sales ratio of 85 as of Friday, the highest in the S&P 500 index [2] - Investors desired more guidance from Palantir regarding the following year and a clearer sense of the outlook for 2026 [3] - Uber's stock declined despite crushing earnings estimates due to a miss on third-quarter operating income and an adjusted earnings forecast for the current period falling short of estimates, partially attributed to undisclosed legal and regulatory matters [7] Strategic Initiatives - Hertz is swapping out older cars for newer fleet and selling used cars on Amazon to offload vehicles to retail buyers for higher profits [4][5] - Netflix is in talks to license video podcasts distributed by iHeartMedia, potentially competing with YouTube [9]