Market Brief
Daily market recaps with key events, stock movements, and global influences
Federal immigration agents backed by National Guard personnel executed search warrants on July 10 at two Glass House Brands cannabis farms in Camarillo and Carpinteria, Southern California. ICE and CBP said the operation targeted immigration and labor violations at the state-licensed facilities. Authorities arrested roughly 200 people suspected of being in the country unlawfully and removed at least 10 unaccompanied migrant children who had been working at the sites. DHS has opened a child-labor and human-trafficking investigation into the company, which denies knowingly employing minors. The raid turned violent when several hundred protesters hurled rocks at departing vehicles. An unidentified man was filmed firing a handgun at officers; the FBI is offering a $50,000 reward for information leading to his conviction. Four U.S. citizens face federal charges for allegedly assaulting or resisting agents. Multiple injuries were reported. A farmworker advocacy group said one employee died on July 11 from a 30-foot fall suffered while apparently fleeing the Camarillo site. Local media also reported a second man remains on life support after a separate fall during the chaos. The operation has intensified friction between Governor Gavin Newsom, who condemned the use of tear gas near children, and federal officials who point to evidence of child exploitation. Campaign‐finance filings show Glass House president Graham Farrar donated $10,000 to Newsom’s 2018 gubernatorial bid. Federal probes into the shooting and the alleged labor violations are continuing; the company says it is cooperating with authorities.
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Bitcoin tops $118,000 on ETF inflows; Firefly Aerospace files $100M Nasdaq IPO; Kraft Heinz mulls $20B spinoff.
3 posts • OpenAI (o3)
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Union Home Minister Amit Shah on 12 July inaugurated the Bharatiya Janata Party’s new Kerala state headquarters in Thiruvananthapuram, marking the start of a two-day visit aimed at energising the party’s organisation in the southern state.
Addressing party workers after the opening, Shah said transforming the office into a "centre of Vikasit Kerala" was more critical than holding the chief minister’s post, and asserted that "Vikasit Bharat"—a developed India—required strong, developed southern states.
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6 posts • OpenAI (o3)
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Météo-France has placed the departments of Aude and Pyrénées-Orientales under an orange alert for heavy rain, flooding and severe thunderstorms from midday on Saturday, 12 July.
The agency warns that storm cells could dump 50 to 80 millimetres of rain in a short period, with cumulative totals reaching 100 to 120 millimetres locally. The storms may also bring hailstones several centimetres in diameter, intense lightning and strong gusts of wind.
Météo-France expects the most active phase to last through the afternoon and early evening. If conditions ease as forecast, the alert level should be reduced to yellow by about 20:00.
18 posts • OpenAI (o3)
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A federal judge has temporarily halted elements of the Trump administration’s immigration crackdown in Southern California, finding that agents violated constitutional protections. U.S. District Judge Maame Ewusi-Mensah Frimpong on Friday issued two temporary restraining orders that immediately constrain the Department of Homeland Security’s operations across seven counties, including Los Angeles and Ventura.
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New: A federal judge found that the Department of Homeland Security has been making arrests in Los Angeles immigration raids without probable cause, ordering the department to stop detaining individuals based solely on race, spoken language or occupation.
Immigration officials can't detain people based on race, speaking Spanish in LA, judge rules - The temporary restraining order bars immigration officers from using apparent race, language spoken or types of jobs as the sole reason to stop someone.
#BREAKINGNEWS The federal judge's decision requires DHS to provide better access to legal counsel for detainees and blocks agents from stopping individuals based on factors like their race or the language they speak. Read more:
Breaking News: A judge temporarily blocked the Trump administration’s immigration raids in the Los Angeles region, calling some tactics unconstitutional.
BREAKING: A federal judge on Friday ruled that immigration officers in Southern California can't rely solely on someone's race or spoken language to stop and detain people.
3 posts • GPT (4.1 mini)
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Following the release of the preliminary report by the Aircraft Accident Investigation Bureau (AAIB) on the Air India Flight 171 crash in Ahmedabad, Boeing issued a statement affirming its commitment to support the ongoing investigation. Boeing expressed condolences to the families of the passengers and crew involved in the crash. The company confirmed it has communicated with the Air India chairman and reiterated its readiness to assist the probe as required, deferring to the AAIB's authority in the matter.
6 posts • OpenAI (o3)
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Club América began the Apertura 2025 campaign with a 1–1 draw away to FC Juárez on Friday night, surrendering a late equaliser after playing the final 20 minutes with ten men. Alejandro Zendejas put the sub-champions in front in the 39th minute, capitalising on a defensive mistake to beat goalkeeper Sebastián Jurado. Juárez struggled to create chances until the second half but gained momentum when América midfielder Erick “Chiquito” Sánchez was sent off in the 71st minute following a VAR review that upgraded his caution to a red card.
The numerical advantage paid off nine minutes later when summer signing Rodolfo Pizarro headed home the leveller, securing a point for the border club in his league debut. América coach André Jardine, who fielded a side missing several regulars returning from international duty, also lost Álvaro Fidalgo to a late knock, though the Spaniard managed to finish the match. The result leaves both teams on one point after the first round of Liga MX fixtures.
5 posts • OpenAI (o3)
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Toronto Blue Jays first baseman Vladimir Guerrero Jr. recorded the 1,000th hit of his Major League career on Friday night, becoming the youngest player in franchise history to reach the milestone. The single also makes him only the 10th player to accumulate 1,000 hits while wearing a Blue Jays uniform.
5 posts • OpenAI (o3)
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A four-storey residential building collapsed around 7:45 a.m. on Saturday in Janta Mazdoor Colony on Idgah Road, part of the Welcome neighbourhood in northeast Delhi’s Seelampur area. Residents said the structure came down with a loud crash, sending up a cloud of dust and trapping several occupants under the debris.
Delhi Fire Services dispatched seven fire tenders, while police, civil defence volunteers and other emergency teams cordoned off the narrow lane and began searching for survivors. Additional DCP (North-East) Sandeep Lamba said at least three people had been pulled out alive but the total number still inside the rubble was “being estimated.”
Rescuers were using hydraulic cutters and sniffer dogs to clear mangled concrete and metal, and a National Disaster Response Force unit was called in to reinforce the operation. Authorities have not yet confirmed the cause of the collapse or any fatalities. Local hospitals have been put on alert as efforts continue through the morning.
The Trump administration has announced a program to expedite H-2A and H-2B work visas for migrant workers in the agricultural, hotel, and restaurant sectors to address labor shortages caused by deportations. In contrast, commentator Tucker Carlson strongly opposes any form of amnesty for undocumented immigrants, describing it as "the most grotesque thing" and advocating for their deportation instead. Carlson also asserts that only American-born citizens should serve in the U.S. government, emphasizing loyalty to the country. Additionally, he has proposed stripping U.S. citizenship from Americans who have fought in Ukraine, arguing that one cannot fight for another country and remain an American.
7 posts • OpenAI (o3)
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Ceddanne Rafaela belted a two-run homer over the Green Monster in the bottom of the ninth inning to give the Boston Red Sox a 5–4 victory over the Tampa Bay Rays on Friday night at Fenway Park. The blast, Rafaela’s 13th of the season, came off Rays closer Pete Fairbanks after rookie Roman Anthony drew a one-out walk.
The walk-off win extended Boston’s winning streak to a season-best eight games and spoiled a potential save for Fairbanks, who entered with a 4–3 lead. Rafaela has driven in runs in seven consecutive games.
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5 posts • OpenAI (o3)
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Pittsburgh Pirates right-hander Paul Skenes opened Friday night’s game by striking out all three opposing batters, extending his run of scoreless first innings to 25 consecutive starts.
The rookie’s latest fast start underscores a trend that has become routine for the 2023 No. 1 overall draft pick, who has yet to surrender a first-inning run since his promotion to the majors.
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British boxer Ellie Scotney captured the unified super bantamweight championship with a unanimous-decision victory over Mexico’s Yamileth Mercado on Saturday, 12 July. After 10 brisk rounds, the judges scored the bout 100-90 and 98-92 twice in Scotney’s favour.
The fight was part of the Taylor–Serrano card streamed live by Netflix, marking another high-profile women’s championship added to the event. Scotney’s win consolidates the major titles at 122 pounds and positions the 27-year-old Londoner among the leading names in the division.
5 posts • OpenAI (o3)
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An adult man was shot at least five times near the Renton Transit Center in downtown Renton, Washington, shortly after 3 p.m. on Friday, according to the city’s police department. The victim was taken to Harborview Medical Center, where he remained in critical condition Friday evening.
Renton police said the gunfire erupted on the 200 block of Burnett Avenue South and shattered at least one bus window. Officers recovered a firearm at the scene and detained three male suspects—two 20-year-olds and an 18-year-old—for questioning. Their identities and any potential charges have not been released, and investigators have yet to determine a motive.
The incident forced temporary delays on several King County Metro and Sound Transit bus routes serving the area. Police ask anyone with information or video of the shooting to contact detectives as the investigation continues.
NOW: @RentonpdWA and @kingcosoPIO are investigating a shooting at the Renton Transit Center. Several people were detained on a bus that left the area. One victim, an adult male, was taken to Harborview in critical condition. @KarinaVargasTV is at the scene. @komonews
BREAKING NEWS: A person was shot in Renton near the transit center, the Renton Police Department reported Friday. More here:
The person, who was shot five times, was taken to Harborview Medical Center, according to Renton police.
Police are investigating three suspects following a shooting near a Renton transit center.
A suspect remains at large after a shooting at Renton Transit Center injured one person.
6 posts • OpenAI (o3)
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The Federal Emergency Management Agency failed to answer almost two-thirds of the calls to its disaster-assistance hotline two days after flash floods swept through Central Texas, according to internal documents cited by the New York Times. The 4 July floods, which sent the Guadalupe River surging 26 feet in 45 minutes, have killed at least 120 people and left about 170 missing.
On 5 July, FEMA answered 99% of the 3,027 calls it received, but that evening several hundred call-center contractors were laid off when their contracts expired. Homeland Security Secretary Kristi Noem, who now personally approves expenditures above $100,000, did not renew the contracts until 10 July, the report said. As a result, FEMA answered only about 36% of 2,363 calls on 6 July and just 15% the following day.
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The floods ripped through Texas on July 4. On July 5, FEMA received 3000 calls from survivors. 1% were unanswered. That night, Trump/Noem fired the people who answer the calls. On July 6, FEMA received 2,363 calls. 65% unanswered. July 7: 85%. Sick.
BREAKING: The New York Times reports that FEMA failed to answer two-thirds of the calls to its disaster assistance line in the days following devastating floods in Texas, after firing hundreds of call center contractors on July 5.
Texas flood victims who lost everything couldn’t get their calls to FEMA answered. All because the Homeland Security Secretary wanted to micromanage FEMA and couldn’t be bothered to renew a call center contract in the immediate aftermath of the horrific flood. Americans will
'Horrific': Thousands of flood survivors called for aid — but FEMA didn’t answer
Two days after catastrophic floods roared through Central Texas, FEMA did not answer calls from thousands of survivors, documents show.
3 posts • OpenAI (o3)
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William Sawalich captured the ARCA Menards Series West race at Sonoma Raceway on Friday in a dramatic three-wide photo finish, edging Christian Eckes by 0.066 seconds, with Alon Day a further 0.09 seconds back. The Joe Gibbs Racing driver had led most of the event before a late stall by Kyle Keller forced overtime and set up a one-lap sprint to the checkered flag.
On the final lap Eckes and Day split Sawalich in the opening corner, sending the polesitter briefly off track. Sawalich recovered to ram the back of Eckes at the hairpin, the trio slamming doors and bouncing off opposite walls as they accelerated to the line. The victory is the 18-year-old’s fourth in ARCA West competition and opens NASCAR’s Sonoma weekend, which continues with the Xfinity Series and Sunday’s Cup-series Toyota/Save Mart 350.
17 posts • OpenAI (o3)
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Conservative commentator Tucker Carlson alleged that the late financier Jeffrey Epstein operated a blackmail scheme on behalf of Israeli intelligence, telling attendees at Turning Point USA’s Student Action Summit in Tampa on 12 July that Israel had “committed crimes on American soil.” Carlson claimed Epstein was “working on behalf of intel services, probably not American,” and argued that questions about the financier’s reported ties to Israel and its intelligence agency, Mossad, should not be considered taboo.
Epstein died by apparent suicide in a New York jail in 2019 while awaiting trial on federal sex-trafficking charges. His death has fueled continuing speculation about possible links to intelligence agencies. Carlson’s remarks come amid renewed attention to a 2024 Manhattan federal lawsuit in which one of Epstein’s alleged victims said he had boasted of being a Mossad asset. Former Israeli prime minister Ehud Barak has acknowledged meeting Epstein on multiple occasions between 2013 and 2017 but denies any wrongdoing.
Neither the Israeli government nor U.S. authorities have commented on Carlson’s assertions. Previous investigations by the FBI and the U.S. Department of Justice found no evidence that Epstein was murdered or that he worked for a foreign intelligence service.
Tucker Carlson: Jeffrey Epstein was running a blackmail operation on behalf of Israel’s Mossad The Turning Point USA crowd cheered for Tucker as he gave this speech, showing Israel has even started to lose the reliable conservative base of support in the United States
Tucker Carlson 10 minute speech on Epstein working for Israel. Yes, people are still in denial about this
During his speech at a TPUSA event, Tucker Carlson says Epstein was working for Israel. TPUSA has seemingly allowed a wider variety of viewpoints at their summer conference after censoring them at prior events. Follow: @AFpost
Tucker Carlson: It shouldn’t be forbidden to ask why Jeffrey Epstein had Connections to Israel and Mossad — Everyone in Washington thinks that, but Everyone is afraid to say it — Why? He argues the fact that not being able to discuss the possibility, being called antisemitic,
Tucker Goes All-in @ SAS in Tampa : Was Epstein an Intelligence Asset , and for What Country ….or Countries
6 posts • OpenAI (o3)
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Boeing Co. has reached a confidential settlement with Canadian citizen Paul Njoroge, whose wife, three children and mother-in-law were among the 157 people killed when Ethiopian Airlines Flight 302 crashed shortly after take-off from Addis Ababa on 10 March 2019. The accord, concluded on 11 July, avoids what would have been the first jury trial stemming from the disaster, which had been scheduled to open on 14 July in U.S. federal court in Chicago to determine damages.
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Boeing reached a settlement Friday with a Canadian man whose wife and three children were killed in a deadly 2019 crash in Ethiopia, averting the first trial connected to the devastating event that led to a worldwide grounding of 737 Max jets.
Boeing reached a settlement Friday with a Canadian man whose wife and three children were killed in a deadly 2019 crash in Ethiopia, averting a federal jury trial in Chicago this week.
Boeing settles with a man whose family died in a 737 Max crash in Ethiopia
Boeing settles lawsuit with Canadian man whose family died in 2019 Ethiopian Airlines crash
IN NATIONAL NEWS — Boeing settles with a man whose family died in a 737 Max crash in Ethiopia
12 posts • OpenAI (o3)
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Cody Bellinger powered the New York Yankees past the Chicago Cubs 11–0 on Friday night with three two-run home runs, his first career three-homer game. The 2019 National League MVP drove in six runs and extended his hitting streak to a career-best 16 games, lifting his average to .285 with 16 homers and 54 RBIs.
Bellinger, acquired from Chicago in December with $52.5 million remaining on his contract, connected off former teammate Chris Flexen in the third inning, added another blast against reliever Caleb Thielbar in the fifth and capped his performance with an eighth-inning shot off Jordan Wicks. Cubs right fielder Kyle Tucker briefly delayed the milestone by leaping above the wall to steal what would have been Bellinger’s third homer in the seventh.
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4 posts • OpenAI (o3)
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The National Weather Service declared a Flash Flood Emergency for Davenport, Iowa, and surrounding Quad Cities communities on Friday evening after torrential rains inundated the region. The warning, in place until 9:00 p.m. CDT, covers Davenport, Le Claire and Blue Grass in Iowa as well as Hampton and Silvis in Illinois.
Meteorologists said 3–6 inches of rain had already fallen, with more heavy downpours expected overnight. In the previous 24 hours Davenport alone recorded more than 4 inches. Authorities estimate the emergency affects about 232,000 residents and 66 schools, and they urged people in low-lying areas to move to higher ground immediately.
6 posts • OpenAI (o3)
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The Chicago White Sox on Friday unveiled a bronze statue of former ace Mark Buehrle at Guaranteed Rate Field, kicking off a three-day celebration of the 20th anniversary of the club’s 2005 World Series championship. The sculpture, installed behind the right-field bleachers, joins those of eight other franchise greats and was revealed in a pre-game ceremony attended by Buehrle’s family, manager Ozzie Guillén and several members of the title-winning roster.
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The Indiana Fever overpowered the Las Vegas Aces 81-54, ending a 16-game skid against the defending champions that stretched back to 2019. The result lifts Indiana to 9-8, moving the club above .500 and injecting fresh momentum into its playoff push.
Guard Kelsey Mitchell paced the Fever with 25 points and six assists, while reigning Rookie of the Year Aliyah Boston added 20 points and seven rebounds. Indiana held Las Vegas to its lowest point total of the season, turning a nine-point halftime margin into a 27-point rout with stifling second-half defense and balanced scoring.
