Missile Menace & Tesla Tweaks

Heyo, reader! We hope you’re having a good Monday morning!

2️⃣ This Morning’s Two Reports:

  • 🚀 Israel's Supersonic "Rampage" Missile Strikes

  • 🚗 Tesla Adjusts Prices

📊 Market Snapshot | Extended Edition

Stocks (Year-to-date)

  • DOW: 🔼 0.72% (37,986.40)

  • S&P 500: 🔼 4.73% (4,967.23)

  • NASDAQ: 🔼 3.50% (15,282.01)

Cryptocurrency (Year-to-date)

  • BTC: 🔼 47.04% (64,951.40)

  • ETH: 🔼 33.87% (3,149.63)

Real Estate Mortgage Rates

  • 15-year: 6.85% +0.01

  • 30-year: 7.44% +0.01

📎 Market Clips

  • Gold poised for weekly gain amid escalating Middle East tensions

  • Fed's Goolsbee suggests further analysis is necessary prior to considering rate reductions

*Stock numbers as of market close Friday, cryptocurrency as of 7:10pm EST yesterday. Real estate rates as of yesterday via Mortgage News Daily. Source for Market Clips.

First Report

🚀 Israel's Supersonic "Rampage" Missile Strikes

In a significant escalation of tensions in the Middle East, Israel has launched a strike on Iran using the powerful, long-range "Rampage" missile. According to Israeli media and several US officials, the missile targeted a military base near Isfahan, although Israel has not officially confirmed the operation. Iran has attempted to minimize the incident, focusing instead on the lesser impact of drone strikes it describes as insignificant. The "Rampage" missile, designed by Israel Aerospace Industries, is known for its speed, precision, and ability to evade radar detection, making it a formidable tool in Israel's arsenal against strategic targets. 🇮🇱🎯

TL;DR ⏳: Israel's deployment of the supersonic "Rampage" missile in Iran marks a significant and sophisticated escalation in their military engagements.

Second Report

🚗 Tesla Adjusts Prices

In a recent flurry of adjustments, Tesla has altered the price tags of its electric vehicles and the Full Self-Driving (FSD) software, sparking conversations about its pricing approach. Critics have highlighted the frequent changes, but CEO Elon Musk defended the strategy, contrasting it with less transparent dealership models. The direct-to-consumer sales model of Tesla means price changes are public, leading to greater transparency but also potential consumer confusion. Following the cuts, buyers are left wondering whether to purchase now or wait for possible further reductions. 🚗📉

TL;DR ⏳: Amidst debates on Tesla's pricing changes, Elon Musk emphasizes the transparency and strategy behind the recent EV and FSD cost reductions.

⚡ Quick Hits

  1. 🕊️ Two young siblings perish during Michigan birthday celebration as vehicle crashes into building, say police

  2. 🚫 White House denounces ‘blatantly antisemitic’ demonstrations as protesters overrun Columbia University

  3. ✖️ Over a dozen sustain injuries in Universal Studios tram collision

  4. 🔥 Individual succumbs to injuries after self-immolation outside courthouse of Trump's trial

  5. 📵 Legal battle looms as TikTok ban shifts from legislative to judicial arena

  6. 🗳️ Maldives heads to the polls for parliamentary vote against backdrop of India-China competition

  7. 🇪🇨 Ecuador's referendum vote commences as Noboa rallies support for anti-crime initiative

  8. ⛏️ Bitcoin network executes its fourth-ever 'halving' event, slashing miner rewards

  9. 🏭 United Auto Workers achieve union status in third bid at Volkswagen Chattanooga facility

  10. 🔒 BlackRock heightens security for Larry Fink amidst ‘anti-woke’ criticism

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