Benzinga - The weekend brought a mix of political drama, financial intrigue, and unexpected natural phenomena. From a Republican congressman’s critique of Donald Trump to the surprising findings about the electric pickup market, the news cycle was anything but dull. Here’s a look at the top stories that made headlines.
Trump’s Justice System Attacks Under Fire A Republican congressman, Ken Buck, took to CNN to criticize former President Donald Trump for his continuous attacks on the criminal justice system. Buck’s advice to Trump was clear: “If you’re innocent, start acting like it.”
The congressman’s comments come amid a series of legal issues surrounding Trump, including his recent allegations against Judge Tanya Chutkan. Read the full article here.
Kushner’s Saudi Deal Raises Eyebrows The $2 billion Saudi investment received by Jared Kushner for his private-equity firm Affinity Partners continues to generate controversy. Investor Steven Rattner described the deal as “extraordinary” and “unprecedented,” noting the unusual proportion of funding from Saudi Arabia. Rattner’s comments highlight the broader concerns about Kushner’s ties to the Middle East. Read the full article here.
Bitcoin’s Turbulent Ride Continues Recent market events have reignited concerns about Bitcoin’s volatility, especially in light of SpaceX‘s unexpected pull-out. Experts are drawing parallels to the “Elon-driven tops and bottoms” of previous years, cautioning investors about potential market turbulence. The cryptocurrency’s future trajectory remains uncertain, with many awaiting insights from the United States Federal Reserve. Read the full article here.
Ford F-150 Lightning Outshines Tesla Cybertruck A recent study by Cox Automotive indicates that Ford Motor Co. (NYSE:F) F-150 Lightning has surpassed Tesla Cybertruck in terms of buyer interest. The findings emphasize the power of brand loyalty, especially in the electric pickup market. Despite Tesla’s reported 1.9 million pre-orders for the Cybertruck, the study suggests that real market dynamics post-launch will be the true test. Read the full article here.
Tesla Dashcam Captures Rhode Island Tornado In a dramatic turn of events, a Tesla Inc. (NASDAQ:TSLA) car’s dashcam recorded a tornado in Rhode Island, offering a real-time view of the natural phenomenon. The driver, Randy Williams, described the experience as “chaos.” The National Weather Service confirmed the tornado as the strongest to hit the state since 1986. Read the full article here.
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