Treasury challenges Americans to spend Trump coins at liberal shops

Oct 15, 2026

Hello Capitalists!

U.S. Treasurer Brandon Beach used a Treasury TikTok to challenge people to take the new Trump dollar coins to liberal coffee shops and watch the reaction.

Bank availability: The coins will be available at banks next month after going on sale through the Mint in September.
Collector pricing: Rolls of 25 cost $61 and bags of 100 sell for $154.50, above face value.
Legal tender: The Mint has indicated the 250th anniversary coins can be used for everyday transactions.
Beach quote: He told viewers to “go to your favorite liberal coffee shop with your top dollar coins. Buy a cup of coffee. Watch their heads explode.”

Barclays analyst Dan Levy says a Tesla-SpaceX merger announcement could arrive before Tesla’s annual meeting, framing the combination as an AI vertical-integration play.

Timing window: The deal could be announced before the annual meeting that must occur by Dec. 6, giving shareholders a chance to vote.
AI pitch: Levy described it as pairing Tesla’s physical AI (Robotaxi, Optimus) with SpaceX’s virtual AI (Grok, Macrohard).
Terafab ease: A single board would simplify financing and approval for the planned Texas chip fab expected to cost hundreds of billions.
Valuations: Tesla’s market cap stands at $1.45 trillion and SpaceX at $2.06 trillion; both stocks fell Thursday morning amid a wider AI sell off.

The odds of Tesla merging with SpaceX before 2028 have surged according to the latest data from Kalshi.

Elon’s Mega Corp: Elon Musk, fresh off the back of the SpaceX IPO has been rumored to be debating the move.
A Pattern Emerging: Prior to the SpaceX IPO several of Musk’s ventures were brought in under the SpaceX umbrella. This included the satellite internet division Starlink and the xAI division which runs the AI model Grok.

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5:02 PM

Hello Capitalist Insiders!

US futures slipped as the AI-trade unwind spread worldwide, sending Korea’s Kospi into a bear market with circuit breakers activated while Treasury yields fell sharply on growth fears.

Kospi enters bear: The index plunged 7.6%, triggering Level 1 circuit breakers for the first time since July 29, with Samsung down 9.5% and SK Hynix off 11.1%.
US open mixed: The Dow rose while the S&P and Nasdaq fell as semiconductors headed for an eighth straight down day, the longest streak since 2008.
Yields plunge: Ten-year yields dropped more than 10 basis points to the lowest level in weeks as investors sought safety amid the risk-off move.
Inflation heat: September PPI rose 1.3% month-over-month, the fastest since 2022, yet bonds rallied on concerns over growth and financing.

CoreWeave shares and bonds sold off hard as yields pushed past distress levels, turning the Nvidia-backed neocloud into the face of worries that borrowed money is funding too much of the AI buildout.

Bond yields surge: The 2031 notes yielded above 16% while five-year CDS climbed near 1,000 basis points, implying a roughly 63% chance of default within five years on about $50 billion of debt.
CEO pushes back: Mike Intrator told staff the market “misunderstands and acts irrationally” and that the contract backlog more than supports all debt obligations.
Nvidia backstop: The chip maker agreed to purchase any unsold capacity through April 2032, yet selling pressure continued.
Broader strain: Oracle and other AI-related names also fell as investors scrutinized debt-funded expansion across the sector.

Anthropic told investors its third-quarter revenue reached $16.8 billion, a 45% jump from the prior quarter, as the Claude maker prepared for a public listing next month.

Revenue surge: The figure rose from about $11.6 billion in the second quarter and $4.7 billion in the first.
Profitability claim: The company said it was profitable on an adjusted basis and cash-flow positive, generating $1.70 in revenue for every dollar spent on computing.
IPO timing: Public-market investors met in San Francisco Wednesday ahead of a debut as soon as November.
Growth context: While still rapid, the sequential pace moderated from earlier triple-digit gains according to market reaction.

China accepted an EU cap of 350,000 hybrid-vehicle imports a year after Beijing talks, a concession that shows how much it needs Europe as other markets close.

Cap details: The limit starts in the coming months and rises 6% a year for three years, a move EU officials say could more than halve current volume.
Broader package: Talks also covered lower Chinese duties on EU goods and smoother rare-earth licensing as Beijing buys time.
Europe’s push: Leaders meet in Brussels Thursday and are expected to press for further curbs, potentially extending to chemicals.