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Ford v. Hyundai: Henry Ford Must Be Turning In His Grave After New Report

South Korea's Hyundai Motor Group is on track to surpass 123-year-old Ford Motor in third-quarter US deliveries (a first ever) as consumers shift toward smaller, more fuel-efficient vehicles. The shift comes as Ford is plagued by the fallout from its costly EV strategy and production constraints affecting its light- or medium-duty truck unit. 

Henry Ford must be turning in his grave.

Cox Automotive's third-quarter sales forecast, released earlier this morning, expects Hyundai's US deliveries to rise 4.4% quarter over quarter to 511,421 vehicles, while Ford's fall 7.7% to 504,172. The estimates, detailed on slide 27, put Hyundai on track to outsell Ford in the US for the first time.

Toyota, Hyundai and Kia are benefiting from US consumers seeking competitively priced hybrid lineups. Toyota, Hyundai and Kia are benefiting from competitively priced hybrid lineups. A record one in six new vehicles sold in the US in the second quarter was a hybrid, according to the report. 

"This is a moment where consumers are trying to find options that offer more fuel efficiency," Stephanie Valdez Streaty, director of industry insights at Cox, told Bloomberg. "Hyundai and Kia are starting to have those options available and you can see they're gaining share because of that."

Bloomberg noted that Ford faced mounting headwinds. Fires at a key supplier plant last year constrained components to its top-selling F-Series trucks, while the phaseout of the Escape compact SUV has reduced volume. 

The report showed the auto market is stable, with higher-income buyers supporting overall volumes, while cash-strapped households are rewarding automakers that offer hybrids.

Cox Chief Economist Jeremy Robb highlighted the vehicle segments driving sales this year:

Vehicle supplies:

New-vehicle pricing at record highs:

With the national average price of regular gas at $4.48 per gallon and diesel at $6.51 late in the summer, and fuel prices elevated since early March, new EV sales have remained muted. However, used EV sales have trended higher.

Stock Performance: Ford v. Hyundai

Ford should've focused on hybrids instead of making an idiotic mad dash into EVs. And just imagine what happens when China's BYD floods North America with cheap EVs and hybrids... 

Tyler Durden Fri, 09/25/2026 - 07:45

Why the cost of a single voice reply might decide which features survive

The teens in the Alpha Epsilon Pi fraternity house had "visible injuries consistent with being physically assaulted," covered in food, condiments and other liquids.

Bring On The Generals: Roughly 60% Of Polled Democrats Would Support A Military Coup

Authored by Jonathan Turley via JonathanTurley.org,

It appears that nothing says "saving Democracy" like a good old-fashioned military coup. A new survey from the Center for Strategic Politics found that 59 percent of Democrats would favor a military coup to remove President Donald Trump from office. All it took was four years out of power for these Democratic voters to embrace a coup d'état to negate the results of the last election. What is particularly chilling is that many of these voters still portray themselves as defending democracy by calling for a military takeover.

It is akin to supporting drive-by shootings to combat gun violence.

That is not the only shocker in this survey.

According to the Center, roughly six in 10 (59%) Democrats polled said they would feel "very positive" or "somewhat positive" if the US military removed Trump and seized control of the American government.

The vast majority, of course, would be happy if Trump were impeached and removed from office (87%) or ousted by his cabinet via the 25th Amendment (84%).

The survey also shows the same overwhelming support for socialism in the new Democratic Party. What is surprising is the support for public ownership of industries. That includes almost half (46%) supporting public ownership and operation of grocery stores. Almost 40 percent support public ownership and operation of restaurants. (39%).

I have previously said that I do not recognize the current Democratic Party as someone raised in a politically active and liberal Democratic family. I first became estranged from the party over the radical shift from a pro-free speech party to one that supported censorship and speech curtailment.

Despite many who claim that the Democratic Socialists represent a small fraction of the party, these polls show a consistent and growing majority in support of socialism.

The addition of support for a military coup shows the manifestation of a rage addiction in America. Democratic leaders are now calling for trashing core constitutional institutions or values. When some of us criticized moves to pack the Supreme Court, leaders like Kamala Harris and Gavin Newsom accused us of engaging in mere "nostalgia."

It is the same "nostalgia" that leaves many of us shocked at the support for a military coup.

On our 250th anniversary, we face yet again Benjamin Franklin's warning that this is a Republic if we can keep it.

Jonathan Turley is a law professor who teaches a class on the Constitution and the Supreme Court and is the best-selling author of "Rage and the Republic: The Unfinished Story of the American Revolution."

Tyler Durden Fri, 09/25/2026 - 07:20

Canadian Prime Minister Mark Carney confirmed in an interview this week that his government had prepared for the possibility of the US launching an invasion of Canada amid ongoing trade tensions.

The continued conflict has throttled about a quarter of the world's oil that is shipped through the Strait of Hormuz.

"Teresa just doesn't know what to do," a source close to the family told Page Six.

"Teresa just doesn't know what to do," a source close to the family told Page Six.

One aims to provide up to a decade of protection.

Among the younger adults who experienced strokes, there was an increase in hypertension, diabetes, irregular heartbeat and substance use.

Andrew Kolvet, the spokesman for Turning Point USA, fired back at the lawyer representing Venezuelan man Wilber Rafael Garces Perez who was shot by an ICE agent in Austin, Texas.

Since taking over for Carlos Mendoza in late June, Green has brought a player development perspective to the dugout.

FDA Raises Thyroid Tablet Recall To Most Serious Level

Authored by Jack Phillips via The Epoch Times,

The Food and Drug Administration this week elevated a prescription thyroid medication recall to its most serious classification because the medication is too potent.

Medications are stored on shelves at a pharmacy in Los Angeles on May 12, 2025. Eric Thayer/Getty Images

Several weeks ago, Vitruvias Therapeutics said in a notice published by the FDA that it was voluntarily recalling one lot of thyroid tablets because the medication is "superpotent" and can "cause hyperthyroidism," or an overactive thyroid, in some people.

The affected lot, 504950, was distributed across the United States by Alabama-based Vitruvias Therapeutics between Jan. 31, 2025. and Sept. 30, 2025. The drug's expiration date is Sept. 30, 2026, according to the FDA notice.

In an enforcement report updated on Sept. 22, the FDA classified the thyroid tablets as a Class I recall, the most severe in its three-tiered system.

According to the FDA's website, a Class I recall is a situation where there is a "reasonable probability that the use of or exposure to a violative product will cause serious adverse health consequences or death."

A statement released by Vitruvias Therapeutics in August warned that consumption of the "superpotent" thyroid medication can cause hyperthyroidism that can include symptoms such as "weight loss, heat intolerance, fatigue, nervousness, muscle weakness, hypertension, chest pain, rapid heart rate, or heart rhythm disturbance."

Those who are considered at a greater risk of developing adverse reactions include pregnant women, infants, and elderly people, according to the notice. For the elderly, high levels of thyroid hormones have been linked to adverse events, including cardiac health-related problems, it said.

In infants, an overtreatment can also have "negative effects on growth and development," the company said.

But as of the issuance of the Aug. 21 news release, the company has not received any reports of adverse health events linked to the recalled tablets, it said.

The medication is described by the company as "a natural preparation derived from porcine thyroid glands composed of levothyroxine and liothyronine" and used to treat an underactive thyroid, or hypothyroidism.

In the release, Vitruvias Therapeutics advised patients not to stop using the medication without first contacting their healthcare provider for guidance or a replacement prescription. That was before the FDA classified the recall as its most serious.

The company said it would notify retailers to discontinue the distribution of the recalled medication and would arrange for the "destruction" of all the tablets under recall.

Those with concerns or questions can contact the company or the FDA through the information listed in the agency's press release.

Vitruvias Therapeutics did not respond to a request for comment by publication time.

Over the summer, at least two other thyroid medications were recalled in separate instances by different companies.

Major Pharmaceuticals, an Ohio-based company, issued a recall of levothyroxine sodium on July 13. The FDA labeled the action as a Class II recall on July 17.

In August, levothyroxine sodium tablets in different strengths, contained in bottles of different counts, were recalled. They were manufactured by India-based Intas Pharmaceuticals Limited for North Carolina-based Accord Healthcare Inc. and distributed across the United States.

Tyler Durden Fri, 09/25/2026 - 06:30

"Killing a disabled infant is not morally equivalent to killing a person. Very often, it is not wrong at all," Singer wrote.

Force Majeure Is Not A City In France

 Submitted by QTR's Fringe Finance

There are certain phrases you don’t want to hear when you’re involved in a massive infrastructure project, and “force majeure” is pretty high on the list.

Yet after Oracle shares started getting federally a** pounded today following reports that the company had issued a force majeure notice connected to its enormous Project Jupiter AI data center in New Mexico, the afternoon quickly turned into one of my favorite Wall Street traditions: corporations explaining why the alarming sounding thing everybody just read and understands crystal clearly is actually completely normal, totally misunderstood by everyone and nobody should worry about anything.

For those unfamiliar, force majeure is a contractual provision generally invoked when extraordinary circumstances outside a party’s control interfere with, or threaten to interfere with, its ability to perform under a contract. Oracle reportedly issued the notice to a unit of Blue Owl Capital developing Project Jupiter, citing potential delays in securing power and protecting Oracle financially if the facility doesn’t come online as scheduled.

Project Jupiter is a massive New Mexico AI campus tied to the Stargate buildout and Oracle’s relationship with OpenAI, requiring roughly 2.4 gigawatts of power and relying heavily on Bloom Energy fuel cells. The problem is that a natural gas pipeline needed to supply the site has reportedly been pushed back roughly six months following permitting problems, while a separate air quality permit for the fuel cell system remains pending. So when news of the force majeure notice hit, Oracle shares sold off sharply and Bloom Energy got dragged down with them.

Then came the idiotic damage control.

Oracle said on X that the project “remains on our planned schedule” and that force majeure notices are “commonplace in developments of this scale” and are often used simply to preserve contractual rights, adding that the notice does not itself establish a project delay or change delivery expectations.

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Technically, that’s true. But companies also don’t issue force majeure notices because everything is going f**king fantastic.

The entire purpose is to protect yourself because some circumstance has arisen, or may arise, that creates enough risk around contractual performance to make protecting yourself necessary.

Bloom Energy then joined the reassurance tour, saying that after speaking with Oracle, it had been assured Oracle “remains committed to Project Jupiter and its contract with Bloom to deliver 2.4 GW of fuel cell capacity” and that Bloom remains excited to execute on Oracle’s planned timeline.

Nothing says confidence like rushing to phone your customer during a stock selloff and then immediately telling X that you just called your customer during a stock selloff. Last time someone did this it was Steve Mnuchin “calling the banks” when the market served investors up a royale fu*k deluxe with cheese back in December 2018.

Look. None of this means Project Jupiter is dead, and Oracle may ultimately deliver the project on schedule exactly as it says it will. But dismissing the notice as meaningless contractual housekeeping also misses the point. It also insults the intelligence of anyone with an IQ higher than that of Ilhan Omar. There is a reason it was issued, just as there is a reason a pipeline has been delayed and permits remain unresolved.

Investors have spent the last several years valuing the AI infrastructure boom as though converting hundreds of billions of dollars of announced spending into functioning data centers is basically a matter of ordering GPUs and plugging them into the wall. In reality, you need land, financing, transformers, transmission, gas, pipelines, permits, cooling and an almost incomprehensible amount of electricity. Every one of those things introduces another potential failure point. As bond yields keep rising, those failure points present themselves more and more.

Read: Bonds Are About To Crash The Stock Market

The financial chain is equally important. Oracle signs enormous AI contracts, which justify enormous data centers, which justify enormous financing packages, which create enormous orders for companies like Bloom and Nvidia, which create enormous backlogs that investors then capitalize into enormous valuations.

As long as everything moves according to plan, the machine works beautifully. But if data centers start getting delayed, equipment deliveries and revenue can get delayed with them. If revenue gets pushed out, financing assumptions can change. If financing becomes more difficult, suddenly some of those gigantic AI backlogs investors have treated almost like cash in the bank start looking considerably less certain.

One force majeure notice doesn’t break the AI boom. But this is exactly the kind of crack I’m watching for. If we start seeing more force majeure notices, delayed power projects, stressed data center debt, renegotiated contracts and suppliers rushing onto social media to assure everybody that their customers are definitely still committed, then we may be looking at something that could set off the crash.

Read: The Real AI Crash Will Start This Year

Force majeure may not be a city in France, but companies generally don’t go there when everything is going according to plan. Just keep that in mind.

--

QTR’s Disclaimer: Please read my full legal disclaimer on my About page here.

Tyler Durden Fri, 09/25/2026 - 06:20

If Ryan Weathers can make it back in time to be on the Yankees’ roster for the AL wild-card series, despite not pitching in a game in over a month, it would still not be his craziest road to the postseason.

Kalshi’s dicey relationship with Native American casinos went south after CEO Tarek Mansour held unsuccessful talks to mend differences with tribal leaders – resulting in a flurry of lawsuits.

Jessica Anne Gorman recounted the March 2026 death of her 18-year-old Loyola University Chicago student during a gathering in Washington, DC.

The EU had said X "deceives users" by selling blue ticks without "meaningfully verifying" accounts.

The City Council passed a drastically pared down benefits auto-enrollment bill Thursday after immigrant privacy and public charge fears helped sink the broader plan to automatically enroll eligible New Yorkers in city benefits.