The National Highway Traffic Safety Administration is investigating reports that airbag deployment in certain Ford Explorer models may cause second or third degree burns.
There is no one at Nvidia who would be ready to replace Jensen Huang
Nvidia’s CEO has an “outsize role and unclear succession.”
Watch: McConnell Sparks New Health Fears After Unsettling Reaction To Midterm Blowout
Watch: McConnell Sparks New Health Fears After Unsettling Reaction To Midterm Blowout
Sen. Mitch McConnell (R-KY) is facing renewed scrutiny over his health after appearing to freeze when a reporter asked him about Republicans’ devastating midterm election losses.The 84-year-old Kentucky Republican was approached by Newsmax congressional correspondent Kilmeny Duchardt, who asked for his reaction to the GOP’s election setbacks and what he believed needed to change.McConnell briefly looked toward the camera before staring straight ahead without answering. After several awkward seconds, an aide appeared to wave the reporter away.The footage quickly went viral, reportedly attracting more than 4 million views on X and sparking fresh calls for congressional term and age limits.The incident comes amid longstanding concerns about McConnell’s health.In 2023, the former Senate Republican leader experienced two widely publicized freezing episodes during press appearances, including one in Kentucky when he remained silent for approximately 30 seconds.BREAKING NEWS: Sen. Mitch McConnell appearing to have another scary episode in the media gaggle in Covington today. Aides had to step in to help him out and repeat questions. He was eventually lead away. We’ll have the full video on @WLWT pic.twitter.com/q9ex5MHxLV— Hannah Thomas (@HannahPThomas) August 30, 2023
McConnell also suffered a concussion following a fall that year.More recently, he was hospitalized after another fall in June 2026, subsequently missing roughly three months of Senate work. The senator’s recovery was said to be complicated by lingering effects of childhood polio.BREAKING BOMBSHELLNew audio and video have been leaked showing Sen. Mitch McConnell being loaded by stretcher into an ambulance when transported to the hospital – EMS recordings conform they found an unknown person who was “unconscious” due to “cardiac arrest,” with “CPR in… pic.twitter.com/F5Aug8pmg8— Conservative Brief (@ConservBrief) July 10, 2026
McConnell, who has represented Kentucky since 1985, announced last year that he would not seek reelection.Kentucky Republican nearly 42-year Senate career will end in January 2027.
Tyler Durden
Mon, 11/09/2026 – 12:15
Watch Crypto For The Next Black Swan
Watch Crypto For The Next Black Swan
Submitted by QTR’s Fringe FinanceWe all just saw what happened with Nvidia and Jensen Huang. Completely unexpected. Almost nobody saw it coming. And the ultimate fallout is still very much an open question.Plenty of questions remain unanswered, including some raised by a short seller back in May about Alice Huang’s connection to Jensen…and more importantly, additional allegations about Nvidia’s business operations. Those questions are still hanging in the air, and it’s far from clear whether the worst of the revelations are behind us.Just hours before Jensen admitted to the affair, I had posed a hypothetical question: Is it possible he could be forced to resign? What seemed like a longshot Sunday morning now seems like a question worth asking.My game theory map was that when a powerful, seemingly untouchable CEO is forced out, sometimes that’s when the real dirt starts to come out. The departure of a key man can create the conditions for things that were previously hidden, ignored or simply unquestioned to suddenly see the light of day.That hasn’t happened at Nvidia. At least not yet. And there’s no guarantee it will. But the broader point is worth considering.And if I follow that same spider sense, the one that asks where something completely unexpected could suddenly go very wrong, it leads me to one place: crypto.Democrats increasingly see crypto as a Republican issue. It’s closely associated with Trump, his family and the broader GOP ecosystem. In some respects, it’s become something of a political piggy bank. And if Democrats regain power, it’s not difficult to imagine them suddenly rediscovering their deep and abiding concern for investor protection and financial stability.Funny how that works, right? But then there’s also something else that’s caught my attention. The CFOs of both Strategy and Binance announced their departures just nine days apart from each other.On October 29, Strategy disclosed that its CFO, Andrew Kang, was resigning effective November 5. Kang had informed the company of his decision just three days earlier, citing personal reasons. The company said there were no disagreements over its operations, policies or practices, and Kang will remain in an advisory role through the end of December. His former page on Strategy’s website is already down.Nothing necessarily sinister there. But an unexpected departure of the finance chief at the world’s largest corporate holder of Bitcoin, a company whose entire strategy revolves around accumulating an extraordinary amount of a highly volatile asset through increasingly elaborate financial engineering, is at least worth noting.Then, on November 7, Binance announced that its CFO, Kaiser Ng, was stepping down after more than five years with the exchange. Just nine days earlier, Binance had reportedly suffered a staggering $6.3 billion hack, described as the largest crypto theft in history. The company pledged to make customers whole, while the attack was attributed to North Korean hackers.Binance says Ng’s departure had been planned for six months and that he’s leaving to pursue a new venture. His replacement, Justin Yek, comes from payments company Airwallex.Fair enough. But a CFO leaving days after a multibillion dollar hack is the kind of coincidence that tends to get my attention. Particularly in an industry where the words “everything is fine” haven’t always aged especially well.I’m not alleging any wrongdoing by Ng or Kang, but I am haunted by the echoes of Sam Trabucco. Trabucco, Alameda Research’s former co-CEO, who was implicated in the use of FTX customer funds to finance corporate transactions but was never criminally charged, publicly announced his resignation on August 24, 2022, less than three months before FTX’s collapse in November 2022.But look, these departures could be entirely unrelated to events at their respective companies. There is no evidence that either executive left because of financial irregularities or undisclosed problems.But two CFO departures from major crypto names in less than two weeks, one at the world’s largest corporate Bitcoin holder and the other at the world’s largest crypto exchange, with a massive hack thrown into the mix? Well…you certainly can’t blame me for noticing it, right?And given crypto’s illustrious history of transparency, impeccable governance and absolutely nothing ever going wrong, perhaps it’s worth paying attention.One of the great lessons of financial history is that problems tend to stay hidden when asset prices are rising and money is plentiful. Bull markets can paper over an extraordinary number of cracks. Investors don’t ask too many questions. Regulators don’t always feel compelled to dig. And businesses that might struggle under more difficult conditions can keep operating as though everything is fine.It’s amazing how many business models look brilliant when the underlying asset keeps going up. But when prices start falling, liquidity tightens and the political winds change, things can get interesting. Or, just ugly.Bitcoin, 1 YearNow imagine a scenario in which the market keep crashing. Crypto prices continue moving lower at the same time that regulation shifts from a powerful tailwind to an equally powerful headwind.The economics change. The scrutiny intensifies. Investors start asking harder questions. Counterparties become less trusting. And people who once had every incentive to keep quiet may find new reasons to talk. That’s when the proverbial wig gets blown off the industry’s head, and we finally get to see what’s been hiding underneath.I’ve also been skeptical of Tether for a long time. Even after they recently secured an “audit” that I raised critical questions about. Not because I know there’s something wrong, but because the sheer size and importance of the stablecoin, and the central role it plays in the crypto ecosystem, make the consequences of any unexpected revelation potentially enormous.If regulators decide to start looking more aggressively under the hood of companies like Tether, who knows what they’ll find?Maybe everything is exactly as it should be. But would it really be shocking if something ugly emerged from an industry that has already given us Luna, HEX, FTX and Celsius?Those are four names I came up with in about five seconds. And they barely scratch the surface of crypto’s history of spectacular collapses, alleged misconduct, questionable business models and outright fraud. Quite a track record for an industry that was supposed to revolutionize trust.The point isn’t that another collapse is inevitable, or that any particular company is hiding something. It’s that the industry’s history makes it difficult to dismiss the possibility of more surprises.85% OFF FOREVER IF YOU SUBSCRIBE TODAY: I am again offering an 85% discount to anyone that wants to become a Fringe Finance annual subscriber today. It’s a discount you can keep and stays applied for as long as you wish to remain a subscriber: Get 85% off foreverWhat makes the current setup especially interesting is this. The next crisis might not begin with a collapsing token. It could begin with a resignation, a regulatory inquiry, an unexpected disclosure, or some seemingly minor event that nobody initially thinks is important.That’s how these things often work. The market focuses on price while the real story is developing somewhere else entirely. And by the time everyone understands what’s happening, it’s often too late.So while investors are busy debating where Bitcoin bottoms, when the next rally begins and whether the crypto bull market is over, I think there’s a different question worth asking. What happens if the next big development in crypto has nothing to do with the price of Bitcoin at all?What if it’s something nobody has modeled, nobody is positioned for and nobody even knows to worry about yet?We just got a reminder from Nvidia that the unexpected can arrive very quickly, even in the companies and industries investors think they understand best. My spider sense says the next place to watch for black swans is crypto.Because when prices start falling, regulators start digging and key executives start leaving, sometimes you discover that what looked like a financial revolution was something considerably less revolutionary.And given this industry’s history, I wouldn’t be remotely surprised if there are a few more skeletons waiting to come tumbling out of the blockchain.–QTR’s Disclaimer: Please read my full legal disclaimer on my About page here.
Tyler Durden
Mon, 11/09/2026 – 12:05
Crazy Dem Rep. Robert Garcia Raises Eyebrows as He Reveals THE REAL REASON Why He Wants to Go After the Trump Administration (VIDEO)
Rep. Robert Garcia (D-CA) talks about why he wants to prosecute the Trump Administration. Credit: Crooked Media Facebook screenshot.
The Democratic Party’s loudest mouth in recent days has inadvertently made a damning admission that is sparking online attention.
As TGP readers know, Rep. Robert Garcia (D-CA), the top Democrat on the House Oversight Committee, wasted little time threatening the Trump administration following his party’s victories in last Tuesday’s midterm elections.
“LAWYER UP,” Garcia wrote on X, signaling that Democrats are preparing an aggressive campaign of congressional investigations against President Donald Trump and his senior officials.
Garcia, who is poised to chair the powerful Oversight Committee when Democrats take control of the House in January, has already been preparing investigations into the president, his family and his administration.
This is even though he cannot name a single crime that new Chief of Staff Stephen Miller or other Trump officials have committed.
Now, viral footage has emerged showing Garcia, a gay man originally from Peru, making a revealing remark at Crooked Con over the weekend that shows why he actually wants to try to get Team Trump.
“We can’t forget about these folks that are causing harm,” Garcia told the Crooked Con audience. “Maybe it’s because I’m gay, but pettiness is a thing.”
“We’re not going to forget these crimes.” I’m mad, you know.”
‘Gay pettiness.’ That’s definitely a new one and very insulting to the gay community.
WATCH:
“Maybe it’s because I’m gay, but pettiness is a thing. We’re not going to forget these crimes.” —Rep. Robert Garcia on prosecuting Trump’s administration https://t.co/HhitypiGz4
— Crooked Media (@CrookedMedia) November 7, 2026
This stunning admission quickly caught the attention of Acting Deputy Attorney General Trent McCotter, who had a little history lesson to share with Garcia.
“Supreme Ct in 2020: ‘Congress has no enumerated constitutional power to conduct investigations”—& those “conducted solely for the personal aggrandizement of the investigators or to punish those investigated ARE INDEFENSIBLE’” McCotter wrote.
“But Garcia wants to investigate bc of ‘gay pettiness.’”
Supreme Ct in 2020: “Congress has no enumerated constitutional power to conduct investigations”—& those “conducted solely for the personal aggrandizement of the investigators or to punish those investigated ARE INDEFENSIBLE”
But Garcia wants to investigate bc of “gay pettiness” https://t.co/cWmKVZGd0E
— Acting Deputy Attorney General Trent McCotter (@PADAGMcCotter) November 8, 2026
Other Americans had some interesting thoughts about Garcia’s reason for going after Team Trump.
“The Chairman’s legislative purpose was his gay pettiness.”
Could work in DC court. Who knows.
— Mike Howell (@MHowellTweets) November 8, 2026
Horrible framing from a very high-ranking gay official. Holding the Trump admin accountable for crimes isn’t pettiness. It’s upholding the rule of law.
— Alex Reimer (@AlexReimer1) November 8, 2026
Congressman, “pettiness” is not a cause of action, and attributing it to being gay does not supply one.
AG Blanche’s statement that you should be “very worried” is a description of the legal and institutional limits on congressional oversight.
It is not a threat, an intimidation tactic, or a personal attack that converts routine inter-branch disagreement into a lawsuit.
In case you didn’t know, courts don’t recognize “we’re petty” as a basis for relief, discovery, or sanctions.
If the committee has a colorable claim that satisfies Rule 11, file it.
You’re Gen X, old man… you tryna force rizz, and your vibe is just midlife-crisis energy with a House pin.
Now that’s how you do petty, pookie.
— Anastasia Beaverhausen (@CREWBABE103O) November 8, 2026
“Gay Pettiness” LMAO …and so true.
— Salty Bastard (@SaltyBastardChi) November 8, 2026
…if I understand him correctly, he seems to be suggesting that being petty is a common trait among homosexuals… https://t.co/XH8JgLrKaj
— Greg Karnes (@realGregKarnes) November 9, 2026
So if you are gay, you are ‘petty’?
And you are admitting that the Dems are into being petty, too?
WTP are sick of petty BS!
Voters didn’t send you to Congress so you can act like petulant children!
Folks, we are in for a complete clown show! https://t.co/WWvfxuQBxT
— NWRain-Judi (@RYboating) November 8, 2026
The post Crazy Dem Rep. Robert Garcia Raises Eyebrows as He Reveals THE REAL REASON Why He Wants to Go After the Trump Administration (VIDEO) appeared first on The Gateway Pundit.
Bank of America sees costly catch in DraftKings’ next move
It’s Sunday afternoon, the football game is on, and your phone lights up with an offer to predict what happens next.
Maybe it’s a promotion encouraging you to trade on the outcome of a game. The amount involved seems small, and participating sounds entertaining.
However, anyone who has seen a few losing wagers deplete their entertainment budget knows how quickly losses can add up.
It’s becoming costly for DraftKings (DKNG) to draw clients to its new Predictions division.
In an effort to create a significant new stream of income, the corporation is spending hundreds of millions of dollars on prediction markets.
Wall Street is worried about that price tag.
In a research note shared with me, Bank of America lowered its DraftKings stock price target to $23 from $27 on Nov. 6 following disappointing earnings and a substantial reduction in the company’s profit outlook.
After the findings, DraftKings’ stock fell more than 20%.
Customers may benefit from more promotional offers and opportunities to engage in event-based marketplaces as a result of the expansion.
Investors are worried about DraftKings’ ability to make enough money from those clients to cover its expenses.
Why Bank of America cut its DraftKings price target
Bank of America analyst Julie Hoover lowered her DraftKings price target to $23 from $27 while maintaining a Buy rating.
According to DraftKings‘ Nov. 5 earnings release, third-quarter revenue increased 16% to approximately $1.33 billion.
But according to Bank of America, the business recorded an adjusted EBITDA loss of almost $317 million, when Wall Street had anticipated a loss of about $66 million.
Additionally, DraftKings lowered its 2026 adjusted EBITDA forecast from $700 million to $900 million to $175 million to $275 million.
DraftKings expects its total adjusted EBITDA investment in Predictions to reach $650 million to $700 million this year.
According to Bank of America, an extra $100 million reflects lower expectations for the existing company, and an additional $425 million comes from greater prediction-market investment.
This year, DraftKings anticipates that its total adjusted EBITDA investment in Predictions will be between $650 million and $700 million.
Spending, according to the corporation, will help attract clients and provide a competitive edge.
However, Bank of America argues that the company needs to impose more spending restrictions, especially given the regulatory ambiguity surrounding contracts for sporting events.
What DraftKings’ expansion means for ordinary Americans
For sports fans, the expansion could mean more advertisements, promotional incentives, and opportunities to trade event contracts.
More Bank of America:
Bank of America doubles down on its Apple stock bet
Bank of America has unexpected verdict on AI stocks after post-midterm Democrat sweep
Bank of America warns of 2027 stock market risk few expect
DraftKings says more than 1.6 million customers have engaged with Predictions in 2026.
However, promotional offers do not eliminate the financial risks associated with trading contracts.
A person who invests $20 in a prediction that fails may lose that amount and incur costs for additional transactions.
According to DraftKings Predictions‘ fee disclosure, charges vary depending on the contract and market.
This year, the business anticipates that promotional incentives will offset most of its prediction-market gross income.
This implies that acquiring new customers is still more important than making quick money.
The practical lesson is to avoid seeing promotional credits or event contracts as reliable sources of revenue for families who are managing food, rent, and other costs.
Uncertainty in regulations is also important. Federal derivatives regulations and state gambling laws are at issue in sports-related prediction markets, which may have an impact on product availability and consumer safeguards.
Bank of America resets DraftKings target after brutal selloffBloomberg / Getty Images
Why DraftKings’ $300 million investment matters to shareholders
DraftKings forecasts that Predictions will bring in around $700 million by 2027, but Bank of America believes the company won’t turn a profit.
The bank projects a gross profit of around $500 million and operational expenditures of about $800 million, resulting in an adjusted EBITDA loss of about $300 million.
Additionally, it expects to spend an extra $75 million on marketing in the next year.
DraftKings anticipates $7.35 billion to $7.75 billion in total revenue in 2027.
Bank of America lowered its 2027 adjusted earnings-per-share expectation from 86 cents to 41 cents and its adjusted EBITDA estimate from $1.15 billion to around $895 million.
For those who own DraftKings personally or via investment funds, it is important.
Shareholders may earn if client growth finally results in sustainable profitability. However, ongoing advertising expenditures, increased competition, or regulatory limitations may postpone the anticipated rebound.
Although that return is by no means certain, Bank of America’s $23 objective indicated a roughly 22.7% increase from the $18.75 stock price mentioned in its Nov. 6 report.
Investors should monitor whether Predictions’ income grows faster than marketing costs and whether DraftKings can retain customers without offering increasingly expensive incentives.
The instant message is different for regular customers: The financial risks associated with betting or event trading are unaffected by an alluring incentive.
Today, DraftKings is investing a lot of money to attract clients. Whether those clients will make enough money tomorrow to cover the investment is the true issue.
Related: DraftKings CEO has a gambling addiction warning about kids
Single-engine plane makes emergency landing in Florida preserve
A pilot was rescued from the Estero Bay, Fla., preserve on Sunday with no injuries after making an emergency landing with a single-engine aircraft.
Olympic judo gold medalist Teddy Riner bids for French presidency
Judo champion Teddy Riner, a five-time Olympic gold medalist, will run for president of France in 2027, he announced Monday on social media.
Car Rams Through Security Area Near White House; Driver Shouts “Oh My God” As Agents Make Arrest
Car Rams Through Security Area Near White House; Driver Shouts “Oh My God” As Agents Make Arrest
Fox News reports that Secret Service agents arrested two people after a car rammed through a security area near the White House on Monday morning.BREAKING: Secret Service arrests two after car crash and barricade breach outside White House— Fox News (@FoxNews) November 9, 2026
The Washington Sun reporter Martin Austermuhle wrote on X, “Unclear what happened but someone just drove into a sign on the north end of Lafayette Square Park and then fought with Secret Service and National Guard when they got out of their car.”Austermuhle posted accompanying footage of the arrest:Unclear what happened but someone just drove into a sign on the north end of Lafayette Square Park and then fought with Secret Service and National Guard when they got out of their car. pic.twitter.com/Mwcrk4klQn— Martin Austermuhle (@maustermuhle) November 9, 2026
Chris Sheridan, senior White House producer for Al Jazeera English, captured the suspect in handcuffs as he was walked off, yelling, “Oh my God.”UPDATE: Secret Service has an individual in custody. He was yelling “Oh my God” as they walked him away from Lafayette Park near the white house. pic.twitter.com/a7oCySMMa7— Chris Sheridan (@ChrisSheridan34) November 9, 2026
The incident on Monday morning comes less than a week after a heavily armed illegal alien from Venezuela was arrested down the street from the White House with an AR-15-style rifle, a MAC-10, a Glock 43X, and ammunition. Federal agents said the illegal alien told them he “heard voices in his head telling him to kill President Trump.”
Tyler Durden
Mon, 11/09/2026 – 11:53
Saudi East-West Pipeline Again Hit By Drone, But Stays Operational
Saudi East-West Pipeline Again Hit By Drone, But Stays Operational
Update(1252ET): Saudi Arabia’s East-West pipeline has been struck by in a drone attack once again. Saudi Energy Ministry authorities confirmed the attack Monday in the Madinah region, likley as a result of a Houthi attack out of Yemen. However, the pipeline’s operations were not taken offline. According to Saudi media sources:An official source at the Ministry of Energy stated that the East-West Pipeline in the Madinah region was targeted on Monday, November 9, resulting in a minor fire. Emergency response teams successfully brought the fire under control without any injuries or fatalities, while the pipeline’s operations remained unaffected.The source explained that emergency response teams, along with specialized technical teams, immediately launched operations following the attack and took all necessary measures to secure the site and ensure its safety in accordance with approved safety procedures and emergency response plans.The official statement said: “Emergency teams extinguished the fires resulting from the strike without any injuries, death, or disruption to operations…”* * *A drone attack on the sprawling Khor Mor gasfield in the Kurdish region of northern Iraq has resulted in a large fire, suspending production at the site, while plunging much of semi-autonomous Iraqi Kurdistan into darkness.Huge amounts of smoke and flames have been seen rising from the vicinity of the gasfield in the Sulaimaniyah governorate. Regional reports Sunday night indicated over 70% of the region’s power generation has been knocked offline.Khor More is the region’s largest natural gas field, which is a major source of fuel for local power stations. The whole region essentially runs off of one gas field.
Source: Kurdistan Regional Government
Omid Ahmed, spokesperson for the Kurdistan Regional Government’s Ministry of Electricity, was cited in Al Jazeera as saying the attack “suspended gas supply to power plants in the cities of Erbil, Sulaimaniyah, Bazian, Chamchamal and Duhok.”The explosive-laden drone had an uknown origin. No group or nation-state has claimed responsibility as yet.US Presidential Envoy to Iraq and Syria Tom Barrack has described the strike as an attack on the Iraqi people and expressed support to uncover and hunt down the attackers”We condemn the attack on Khor Mor, which was an attack on the Iraqi people. We support Prime Minister Zaidi and the Kurdistan Regional Government in finding those responsible and holding them to account,” Barrack wrote on X.According to some of the emerging investigative details:Kurdistan24 correspondent Harem Jaff reported that the attack struck the liquefied petroleum gas (LPG) production unit in the facility’s “Old Field” section, causing substantial material damage. An emergency alarm sounded before the impact, allowing workers to take shelter. No casualties were reported among employees or security personnel.Several Iraqi security sources have suggested that the drone approached from the direction of Khurmatu, southwest of the field. A military intelligence officer, field guards and personnel at a Khurmatu checkpoint described hearing an aircraft in that direction.While it is anything but clear that it was Iran, the IRGC has in the recent past been known to launch attacks on Kurdish opposition groups with headquarters in northern Iraq.ڤیدیۆ.. دیمەنی هێرشەکەی سەر کێڵگەی کۆرمۆر لە چەمچەماڵی پارێزگای سلێمانی pic.twitter.com/kz7PGL8JZb— Rudaw (@Rudawkurdish) November 8, 2026
It could be connected with the ongoing Iran and Yemen conflcits, but there’s also the possibility of Iran-affiliated Iraq paramilitary units, or else possibly remnant ISIS cells. The United States has recently wound down its ‘counter-ISIL’ mission and has pulled remaining troops from Iraq this year.The whole region remains on edge, awaiting either a possible US-Iran peace deal, or else a return to major fighting which would put Gulf region oil and gas fields in Iran’s retaliatory crosshairs.
Tyler Durden
Mon, 11/09/2026 – 11:52