Trump just made a historic oil move for America
The first oil refinery built in the United States in nearly 50 years
Hello Capitalists!
Here is everything you should know today:
Too busy to read today? Listen to The Capitalist Voice anywhere. Just click.
Today’s markets + assets - Sponsored by The Wellness Company
🔴 DOW: 47387.98 (⬇️ 0.67%)
🔴 S&P: 6775.22 (⬇️ 0.09%)
✅ NASDAQ: 22726.57 (⬆️ 0.13%)
⚠️🔴 CBOE VIX Volatility Index: 24.76 (⬇️ 0.76%)
🔴 Gold: $5178.70 (⬇️ 1.21%)
🔴 Silver:$89.86 (⬇️ 4.56%)
✅ Bitcoin: $70,836 (⬆️ 1.17%)
Become a paid subscriber to The Capitalist and help us make Capitalism great again
Trump touts historic Texas refinery opening
President Trump celebrated the groundbreaking of a massive new refinery in Brownsville, Texas — the first new major refinery built in the United States in nearly 50 years — calling it a historic win for American energy independence.
First new refinery in 50 years: The facility in Brownsville will be the first major greenfield refinery constructed in the United States since the 1970s.
Huge investment claimed: Trump described the project as a 300 billion dollar deal though the direct construction cost is estimated in the tens of billions.
Trump celebrates: President Trump personally attended the groundbreaking and declared it a major step toward energy dominance.
Policy contrast: Trump contrasted the project with previous administration policies that discouraged new fossil fuel infrastructure.
Sponsored by The Wellness Company
How Everyday Investors Are Building Weekly Income Without Chasing Stocks
I remember watching investors in 2008 hold their breath…Waiting for their portfolios to recover. Some never did.
Today, markets still swing wildly. Headlines change by the hour. And most retirement accounts are built on one hope:
“Eventually, it’ll go back up.”
But what if retirement wasn’t about waiting? What if it was about building income?
Over the past 20+ years, I’ve refined a structured approach designed to pursue consistent weekly cash flow using options — without day trading, without gambling, and without needing a massive account.
Inside my Free Guidebook, you’ll discover:
• Why most investors focus on growth — and ignore income
• How weekly options can be used strategically instead of speculatively
• A repeatable framework built around rules, risk control, and structure
• How many everyday investors aim for $500–$5,000 per month in supplemental income
You can’t control the market.
But you can control your strategy.
IEA proposes massive oil release
The International Energy Agency is recommending an unprecedented 400 million barrel release from strategic reserves over 30 days to combat surging crude prices, with G7 ministers set to discuss joint action amid the Iran war.
Unprecedented release size: IEA proposes releasing 400 million barrels over 30 days from strategic reserves to stabilize prices as Hormuz disruption continues.
G7 emergency meeting: Finance ministers discussing coordinated SPR drawdown after oil surged above $100 per barrel for first time since 2022.
Iran war impact: Strait of Hormuz closure has triggered the biggest supply disruption in history according to Rapidan Energy analysis.
Crude prices swung wildly after the IEA proposed the massive 400 million barrel emergency release from global reserves over 30 days to combat the supply shock from the Iran war.
Market volatility increases: Brent crude dipped then rebounded as traders digest potential impact of proposed reserve release.
US targets Iranian mine ships
US forces struck Iranian mine-laying vessels in the Strait of Hormuz Wednesday, destroying two ships and preventing further mining attempts as the conflict escalates and oil prices remain above $100 per barrel.
Direct naval engagement: US destroyers engaged and sank two Iranian vessels attempting to lay mines in the critical waterway.
Hormuz remains closed: Commercial tanker traffic still halted as Iran threatens complete blockade of the Strait.
Oil above $100: Brent crude holding triple-digit levels despite Trump’s comments about war nearing end.
Trump signals de-escalation: President indicated conflict may soon conclude but Democrats call it a forever war.
JPMorgan limits private credit lending
JPMorgan Chase is restricting new loans to the $1.8 trillion private credit sector amid growing concerns about liquidity risks and potential spillover from the industry’s rapid expansion.
New lending restricted: JPMorgan is limiting fresh exposure to private credit firms as sector faces increasing scrutiny.
Liquidity risks mount: Bank is worried about opaque market’s ability to handle withdrawals and economic stress.
Sector wide pressure: Move follows similar actions by other major lenders amid $1.8 trillion industry growth.
Regulatory spotlight intensifies: Treasury and Fed monitoring for potential systemic risks from private lending boom.
Oracle stock rockets on earnings beat
Oracle shares surged in after-hours trading after the company reported stronger-than-expected third-quarter earnings and raised its 2027 revenue guidance, driven by booming cloud and AI business demand.
Earnings beat expectations: Oracle reported Q3 revenue and EPS above analyst consensus, sending shares sharply higher in extended trading.
2027 guidance raised: Company increased full-year revenue outlook citing continued strength in cloud and AI segments.
AI demand drives growth: Rapid adoption of Oracle’s AI-powered cloud services fueled the positive results.
Stock reaction immediate: Shares jumped over 10 percent in after-hours trading following the earnings release.
Meta announces it’s own new AI chips
Meta unveiled four new AI accelerator chips Wednesday to power its data centers and reduce dependence on Nvidia and AMD, escalating the competition in the custom silicon space for artificial intelligence hardware.
New chip lineup: Meta revealed four specialized AI accelerators designed for its massive data center infrastructure needs.
Reducing vendor dependence: The move aims to lessen reliance on Nvidia and AMD for AI computing hardware.
Competitive stakes rise: Announcement intensifies rivalry in the fast-growing custom AI chip market.
Data center focus: Chips are optimized for Meta’s specific AI training and inference requirements in social platforms.
Starbucks and it’s CEO flee Washington as it passes a millionaire tax
Washington state Democrats approved a new 9.9 percent income tax on earnings above one million dollars, prompting Starbucks founder Howard Schultz to announce his family’s departure from Seattle after four decades.
Tax rate details: The new 9.9 percent state tax combines with the federal 37 percent rate to create a total burden exceeding 46 percent on high earners.
Schultz announcement: Howard Schultz cited retirement and family reasons for moving to Miami Florida, ending 50 years in Seattle where he grew Starbucks from a small company.
Starbucks expansion: The company is establishing a regional corporate office in Nashville Tennessee to support Southeast growth, highlighting the state’s pro-business environment and lack of income tax.
Economic implications: High tax burdens often lead to wealth migration as seen with Jeff Bezos’ earlier departure, eroding the state’s revenue base and incentivizing relocations to low-tax states.
California hospice fraud scandal explodes
California’s hospice industry has seen fraud explode under Governor Newsom, with 105 million dollars in Medicare overbilling and more than 700 fraud warnings issued, as lax oversight allows widespread abuse.
Massive overbilling exposed: California hospices submitted $105 million dollars in improper Medicare claims over recent years.
700 fraud warnings: State regulators have issued over 700 fraud alerts for suspicious hospice activities.
Lax oversight blamed: Weak regulation under Governor Newsom has allowed the problem to proliferate unchecked.
Widespread industry abuse: Numerous hospices engaged in billing for ineligible patients and unnecessary services.
Nvidia invests $2 billion in AI startup
Nvidia is investing two billion dollars in a new AI startup accelerator program, aiming to fund and mentor emerging companies in artificial intelligence as the chip giant seeks to expand its ecosystem.
Massive AI investment: Nvidia committing two billion dollars to new accelerator for artificial intelligence startups.
Fund and mentor: Program will provide capital and technical guidance to promising AI ventures.
Ecosystem expansion: Move aims to grow Nvidia’s influence in the broader AI technology landscape.
Startup boom targeted: Investment comes amid surging interest in artificial intelligence companies worldwide.
Senate approves ChatGPT for staff
The U.S. Senate has approved ChatGPT for official staff use while explicitly excluding Anthropic’s Claude due to ongoing legal battles and security concerns, highlighting the selective approach to AI tools in government.
ChatGPT cleared: Senate has given green light for staff to use OpenAI’s ChatGPT for official work purposes.
Claude explicitly excluded: Anthropic’s model banned due to legal disputes and national security concerns.
Selective AI policy: Decision reflects cautious approach to artificial intelligence in government operations.
Security concerns dominate: Senate prioritizing tools with clear compliance and minimal risk profiles.
Another positive move by Z visionary leader ignored for way too long by corrupt or incompetent politicians elected to protect our country but capitulated to pay offs
So far so good here.