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The actor placed his hand over Ripa's mouth during an intense on-air clash on "Live with Regis and Kelly" in 2006.

1. Gay for pay by Mike Solana In yet another piece of unbelievable reporting on the state of California from Chris Rufo, news-weary Americans discover the government is “pressuring public utilities to award $633 million in special contracts to ‘LGBT-owned’ firms.” But Solana, how could the government possibly know a man is gay? Why, couldn’t...

“What did you put in my drink?” Jade Benning allegedly said to her boyfriend before she became unresponsive. “I knew my drink tasted funny. You did this because you didn’t want the baby.”

Farley and Carpinello went public with their relationship in 2019.

Farley and Carpinello went public with their relationship in 2019.

Samson, former president of the Marlins and EVP of the now-defunct Expos, said Kyra was diagnosed with glioblastoma nearly 10 months ago.

America is running a real-time experiment in politics and prosperity, and California and Texas are the laboratories.

Antifa Leader Sentenced To 100 Years In Prison For Attack On ICE Facility

The Antifa attack on the Texas ICE facility in Alvarado was a highly coordinated plan, using fireworks and a fake vandalism call to lure out ICE agents and police so that they could be shot in a hail of gunfire.  Responding Alvarado Police Department Lieutenant Thomas Gross was shot in the shoulder and the rifle round exited his neck during the crossfire, but he managed to survive.  

Members of the group tried to escape the scene, pretending to be harmless pedestrians, but were apprehended anyway.  The common excuse among those detained:  "We're just peaceful protesters..."

Eight of the activists who were found guilty by a federal jury of terrorism-related charges earlier this year learned the details of their punishments this week.  The group's leader, Benjamin Song, was sentenced to a century in prison. 

Song was hit with the longest prison sentence: 100 years behind bars. Maricela Rueda was sentenced to 70 years in prison. Autumn Hill was sentenced to 50 years, along with Zachary Evetts, Savanna Batten, Meagan Morris, and Elizabeth Soto. Daniel Rolando Sanchez-Estrada was sentenced to 30 years in prison.  Critics of the conviction and sentencing claim the decision is purely "political"; designed to make examples out of leftist protesters who committed "minor crimes".

NEW: Families of the 8 convicted protestors at the Texas immigration center shooting that wounded a police officer speak out after they are sentenced to decades in prison.

Benjamin Song was convicted to 100 years in federal prison for attempted murder after opening fire and… pic.twitter.com/aC90IttcXo

— E X X ➠A L E R T S (@ExxAlerts) June 23, 2026

The obvious counter-argument is yes, they are being made into an example, and that's a good thing.

Over 600 conservatives present at the January 6th protests were sentenced to prison for far less - Merely breaking a window or walking peacefully into the Capitol Building earned them a conviction and years of incarceration.  This action was a true case of targeted government prosecution for the sake of making a political example.  Meanwhile, Antifa and BLM protesters were given special protection.

Billions in property damage and numerous deaths later, BLM and Antifa members who were arrested used NGO funded legal resources to get out of jail quickly.  Democrat run cities never pursued charges against the majority of them.  This set a dangerous precedent; Antifa is now emboldened under the assumption that they can do anything they want and the consequences will be slim to none. 

The recent federal court decision changes all that.  At least when it comes to federal facilities, they can no longer count on a two-tiered justice system to keep them safe.  

The primary enablers of far left violence (which has grown exponentially over the past decade) are global NGOs and their spinoff organizations, Democrat politicians, the progressive media and a lack of prominent symbols of punishment.  When you're dealing with mentally unhinged zealots, the only way to make them stop is to make them afraid. 

Until recently, Antifa has had little reason to be afraid.  The system they claim to be fighting against has actually been supporting them and their insurgency from behind the curtain.  The Trump Administration is set on changing this dynamic and the Alvarado, TX group is the first in line to face a reckoning.    

Tyler Durden Wed, 06/24/2026 - 19:40

The Knicks emerged from the draft’s first round with no picks made and zero money on the books. But the next steps remain murky.

Micron Soars After Reporting Blowout Earnings, Boosts Guidance

Step aside Nvidia: as we noted in our preview, with the world's most valuable company going nowhere in recent months, all attention has shifted to Micron, which has rapidly become one of the most important stocks in the world and certainly the most actively traded, surpassing both Nvidia and Tesla in recent days.

As such all eyes were on Micron's earnings today, and even with "sentiment at 11/10", according to UBS, the company still managed to blow away expectations for its Q3 earnings while delivering a sales forecast that topped Wall Street estimates after AI-fueled shortages of the components sent prices soaring.  

Here is what it just reported for the just concluded May/Q3 fiscal quarter:

Starting with the bottom line...

• Adjusted EPS $25.11, beating consensus of $20.49.

We then go to the top of the income statement: 

• Adjusted Revenue $$41.46BN, smashing all sellside estimates of $$35.69BN, and even well above the most optimistic buyside bogeys.
  • Cloud Memory revenue $13.77 billion, beating estimate $10.69 billion
  • Core Data Center revenue $11.52 billion, beating estimate $6.8 billion
  • Mobile and Client Revenue $11.52 billion vs. $3.26 billion y/y, beating estimate $9.73 billion
  • Automotive and Embedded rev. $4.63 billion, beating estimate $3.51 billion
• Adjusted gross margin 84.9% vs. 39% y/y, beating estimate 81.9% 
• Adjusted operating income margin 81.2% vs. 26.8% y/y, beating estimate 77.9%
• R&D expenses $1.32 billion, +36% y/y, higher than estimate $1.29 billion 
• Adjusted operating expenses $1.52 billion, +34% y/y, beating estimate $1.43 billion

Looking ahead, the company's forecast is just as impressive:

• Micron sees Q4 adjusted Revenue of $49-$51BN, beating estimates of $43.24BN
• Sees adjusted EPS $30 to $32, beating estimate $25.31
• Sees adjusted gross margin about 86%, beating estimate 83.6%
• Sees adjusted operating expenses about $1.65 billion, below estimate $1.66 billion

Commenting on the quarter, the company said that “Micron is investing at record levels in technology, products and supply to address our customers’ rapidly growing demand. We believe our multi-year Strategic Customer Agreements will significantly enhance the durability and predictability of Micron’s strong financial performance.”

More important was the company's discussion of its long-term agreements, i.e. "Strategic Customer Agreement". This is what it said in the accompanying presentation:

• We are pleased to announce that we have completed 16 SCAs with customers across the data center, consumer and auto market segments. These SCAs accelerate the transformation of our business model, enhance partnership in technology and innovation, and provide customers with contracted supply assurance.
• Typically, these agreements have a five-year term, from calendar 2026 through the end of calendar 2030. Automotive agreements generally have a three-year term.
• The 16 signed agreements represent roughly 20% of our DRAM volume and a third of our NAND volume over this period.
• These SCAs include four very large customers and three medium-sized customers.
• The remaining agreements relate to smaller customers from the automotive industry and represent our commitment to this important sector.
• When completed, we expect approximately half or more of our company revenue to be under these SCAs with customers across end markets. Our customers value our U.S. supply plans, and this is reflected in our SCAs.
• These SCAs are structured as take-or-pay agreements, with binding commitments to purchase specific volumes over this multi-year term.
• The largest agreements generally have a ceiling price for existing products at the current CQ2 (calendar Q2) market price, and a floor price through the term of the agreement.
• Several SCAs, which account for a modest portion of the SCA-related revenue, include either fixed prices or have no price bands associated with them where pricing will be subject to market conditions. When all planned SCAs are executed, agreements with either fixed prices or price ceilings at or close to current CQ2 market prices are expected to be approximately 40% of our revenue.
• For SCAs which do contain such price bands, pricing is designed to stay within this floor to ceiling level through the course of the term. This pricing visibility will help our SCA customers across market segments to better manage their business and grow their demand.
• For our SCAs with price bands, the floor price enables a very robust gross margin for Micron, well above our peak quarterly margins in any past cycle.
• 14 of the 16 SCAs that we have signed have a cumulative revenue at minimum price per our contracts of approximately $100 billion over the remaining agreement term.
• They also strengthen our long-term financial performance, margins and free cash flow expectations, with higher visibility and improved stability in our business performance.
• Under the SCAs we have signed so far, we project to receive cash deposits and related financial commitments of $22 billion. This further demonstrates customer commitment to this new business model. Mark will provide additional details.
• Our SCAs with customers across data center to consumer devices to auto and industrial applications create a new paradigm for us to strengthen our customer relationships. They provide committed DRAM, including HBM as appropriate, and NAND supply to our customers over a multi-year time horizon.
• In a period of significant shortage, this supply visibility is extremely beneficial to our customers. This visibility enables our customers to leverage SCA supply to make progress on their strategic plans, drive growth and enable their end consumers to benefit from their products and services. We are very appreciative of our customers, who have worked with us through this period of tight supply with a strong collaborative spirit to create win-win outcomes for the long term for the entire ecosystem and end consumers.

Micron and its peers in the memory space — Samsung Electronics and SK Hynix — have become major beneficiaries of the artificial intelligence boom. A spending spree by data center operators has stoked the appetite for both conventional memory and a newer variety called high-bandwidth memory, or HBM, that works with AI systems.

Micron has struggled to satisfy memory-chip demand, creating shortages in areas like computers, phones and cars. Though the company is expanding its manufacturing capacity, prices are expected to remain high for the foreseeable future. 

Micron works with Nvidia to integrate its memory into AI infrastructure. Earlier this month, Nvidia Chief Executive Officer Jensen Huang confirmed that his company will rely on Micron’s HBM4 memory, along with those of its rivals, for its next-generation Vera Rubin platform. All three of the major memory makers have been jockeying for a slice of that business. 

Meanwhile, SK Hynix, which currently leads the HBM market, just announced plans for a stock listing in the US. The company is seeking roughly $29 billion in the offering, aiming to further capitalize on memory demand.

In a note published by Goldman's analyst, James Schneider, he write the following post-earnings observations:

• Key stock takeaways: We expect the stock to move higher following a quarter and guidance that were well ahead of the Street, despite elevated investor expectations given continued industry pricing momentum for both DRAM and NAND markets. We expect investors to focus on critical elements of management's commentary on today's conference call, including (1) additional color on the company's 16 Strategic Customer Agreements; (2) potential updates to the company's FY27 CapEx outlook; (3) market color on the conventional DRAM and NAD segments.
• Quarterly results were well above the Street: Micron reported revenue of $41.46 bn, well above GS at $37.58 bn and the Street at $36.28 bn, while gross margin of 84.9% was above GS at 83.4% and the Street at 82.5%. Non-GAAP EPS of $25.11 was also well above GS at $22.07 and the Street at $21.05. DRAM revenue of $31.33 bn was well above GS at $28.30 bn and the Street at $28.21 bn, while NAND revenue of $9.94 bn was also above GS at $9.18 bn and the Street at $7.77 bn.
• FY4Q guidance is well above the Street. Micron guided FY4Q well above the Street on revenue and margins. Revenue was guided to $50.00 bn at the midpoint, which is well above GS at $48.77 bn and the Street at $43.34 bn. Non-GAAP gross margin was guided to 86%, in line with GS at 86.1% and above the Street at 84.6%. Non-GAAP EPS guidance of $30.00 - $32.00 (midpoint of $31.00) was above GS at $29.95 and well above the Street at $25.77.
• Read-through to our coverage: We expect a positive initial reaction for SNDK (Buy) in our coverage given similar end-market exposure. 
• Price target and risks: Our 12-month target price of $900 is based on a 18X P/E multiple applied to our normalized EPS estimate of $50.00. Key upside/downside risks include: (1) continued execution on the company's HBM roadmap and share gain vis-a-vis Samsung, (2) sizable step-up (above current expectations) in HBM content for AI accelerators, (3) continued signs of CXMT gaining DRAM market share, negatively impacting pricing dynamics.

In kneejerk response, the stock which slid in the past 2 days, has recovered most of the losses and has surged more than 10% rising to $1136 after briefly dipping below $1000 just before the market closed.

The company's investor presentation is below (pdf link)

Micron Q3 26 Earnings Deck by Zerohedge

Tyler Durden Wed, 06/24/2026 - 19:35

Rockstar has said physical copies of the game will contain a code for a digital download for the game.

Hormuz Exodus Begins: Ships Finally Sailing As UN-Led Evacuation Corridor Opens

Several vessels have already navigated the Strait of Hormuz utilizing a fresh evacuation framework established by the United Nations' shipping agency, an official confirmed on Wednesday. More via newswires:

US Energy Secretary Wright says roughly 72 ships have exited Strait of Hormuz in last 24 hours.

"Ships have already begun to pass under the plan," stated a spokesperson for the UN's International Maritime Organization (IMO), though they opted not to disclose specific details regarding the transiting vessels.

According to the latest LSEG ship-tracking data Wednesday, at least two dry bulk carriers and one cargo vessel successfully crossed the strait under the new program within a 12-hour window.

An additional analysis of ship movements by Reuters, utilizing data from LSEG and MarineTraffic, indicated that at least 35 other commercial vessels - primarily dry bulk, cargo, and container ships - are gearing up to make the passage.

via UN News

On Tuesday, the IMO noted that the framework is designed to clear the way for hundreds of vessels and roughly 11,000 seafarers who have been stranded in the Gulf to finally sail through Hormuz.

"This large-scale operation will be carried out in close cooperation with Iran, Oman, all other coastal States in the region, the United States and the maritime industry," IMO secretary-general Arsenio Dominguez stated Tuesday.

"We have secured the necessary safety guarantees and have thoroughly verified the conditions for safe navigation to support these operations," he described

Notably, by and large captains and crew members have all along not abandoned their tens of millions or hundreds of millions in precious commodities/cargo - especially after already enduring the blockade for this long.

Meanwhile...

Oil tanker rates have soared since the U.S. and Iran announced the memorandum of understanding as oil importers scramble to charter vessels to pick up Persian Gulf cargoes in the hope these can transit the tentatively reopening Strait of Hormuz. 

One tanker has been provisionally booked to ship crude from the Persian Gulf to India at a rate that’s nine times the benchmark for the route, shipbrokers told Bloomberg on Wednesday.  

South Korea’s Sinokor shipping group, which before the war went on a buying and chartering spree to control about 120 very large crude carriers (VLCCs), will provide one of these supertankers for the shipment of a cargo of up to 2 million barrels from the Persian Gulf to India. The rate at which the tanker has been provisionally booked is 897% of the MEG-India benchmark route, or nine times higher than the normal freight cost, shipbrokers told Bloomberg.

The IMO ​additionally said in a note on the scheme issued Wednesday, "Vessels should wait for instructions before proceeding,"

"Crowding the waiting area will only result in the need to pause further notifications for the safety of navigation," it said.

Tyler Durden Wed, 06/24/2026 - 19:20

The powerful 5.6-magnitude earthquake that jolted Northern California on Wednesday morning sent bottles and other merchandise flying off store shelves, new video shows. The quake struck in Mendocino County, about 7 miles north of Redwood Valley and east of Willits, at 8:10 a.m., officials said. Dramatic video from Upper Lake Grocery in Upper Lake captured...

On platforms like Swimply, some Los Angeles hosts are pulling in serious cash.

SAN FRANCISCO — Outside the visitors’ clubhouse in Miami this past Sunday, in front of the temporary backdrop the Giants’ PR department hauls with them on the road, I was struck by a sense of deja vu. There was Tony Vitello, giving almost an identical answer to a similar question I had asked a little...

A powerful 7.1-magnitude earthquake shook Venezuela on Wednesday, swaying buildings and homes in the capital of Caracas.

It’s old news, but it’s the first time Knicks president Leon Rose is explaining it.

The facts be damned, Sunny Hostin is working to recast murderer Karmelo Anthony as a meek victim, removing agency from him.

DOJ Announces 455 Defendants Charged in $6.5 Billion Health Care Fraud Crackdown

Via American Greatness,

The Justice Department (DOJ) announced Tuesday that federal authorities have charged 455 defendants in a nationwide health care fraud operation involving an estimated $6.5 billion in false claims against government-funded health care programs.

The cases are part of the department's annual National Health Care Fraud Takedown, which targeted alleged schemes involving Medicare, Medicaid and other taxpayer-funded health care programs.

Acting Attorney General Todd Blanche said during a news conference at Justice Department headquarters that the operation uncovered the second-largest dollar amount ever charged in a single health care fraud enforcement action.

Federal officials alleged that defendants participated in a range of schemes, including fraudulent billing practices, kickback arrangements and the provision of unnecessary medical services in an effort to improperly obtain government health care funds.

The operation involved cooperation among multiple federal agencies, U.S. territories and 45 states.

Health and Human Services Secretary Robert F. Kennedy Jr. said the administration intends to aggressively pursue individuals accused of abusing public health care programs.

"If you exploit patients for profit, if you steal Medicaid or Medicare dollars, if you treat taxpayer dollars as your personal bank account, we will investigate you. We will build the case, and we will bring you to justice," Kennedy said.

Kennedy also noted that participating jurisdictions included 18 states led by Democratic governors.

Among the cases highlighted by federal officials was an alleged fraudulent EKG testing scheme connected to the death of University of Mobile basketball player Kaiden Francis.

According to officials, Francis' EKG was allegedly reviewed incorrectly. Authorities said the test was examined in 11 seconds despite indications that his heart was significantly enlarged.

Francis later collapsed during a team workout in 2024.

His mother, speaking at the event, condemned the physician involved in the case.

"The doctor is as bad as any greedy criminal who is killing people in the streets. I hope he rots in jail so no one else is hurt, but my son will never come back to me. That's the real human cost that we were speaking of on the stage," she said.

A spokesperson for the University of Mobile said Francis had undergone multiple medical evaluations, including heart and lung screenings, before his death, and that "none of these tests indicated health concerns."

Federal officials described the takedown as one of the largest coordinated anti-fraud operations in the nation, emphasizing what they said is the administration's commitment to protecting taxpayer dollars and rooting out abuse within government-funded health care programs.

Tyler Durden Wed, 06/24/2026 - 19:00

Jaylen Brown has posted a cryptic tweet after trade rumors swirled earlier this week.