Elon Musk, the world’s richest man, invested about $1 million in David Ellison’s Skydance as the company looks to cut costs after Paramount acquired Warner Bros. Discovery earlier this month, according to a report in CNBC.
Category: 27 October 2026
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FASCISM: FUSION POWER STARTUP WITH LINKS TO TRUMP GETS U.S. FUNDING FOR EQUITY STAKE
Helion Energy, the fusion power startup backed by PayPal co-founder Peter Thiel, will benefit from funding released by the Department of Commerce for research and development, which the Financial Times said is the single “largest commitment” by the department for a single company.
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THE AI ELECTION: OVER $137 MILLION SPENT ON ADS THAT LOOK REAL, BUT ARE FAKE
The 2026 midterms in the U.S. are turning out to be the first major test for elections in the age of AI-generated images and videos that have become so advanced that viewers are often left unsure about what they just watched.
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ECONOMIC UPDATE
As we extensively detailed in last week’s Trends Journal, across the world, young people who are broke, busted and seeing worse times ahead are taking to the streets.
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REPUBLICANS HAVE SPENDING EDGE OVER DEMOCRATS
Republicans have a deeper war chest than Democrats as the midterm elections approach in the U.S., with GOP-aligned Super PACs having $683 million to disperse on various campaigns, compared to $484 million for PACs aligned with Democrats, according to data compiled by the Financial Times.
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OIL PRICE IS HIGHEST IN FOUR YEARS AS IRAN GIRDS FOR ATTACK
On 23 October, benchmark Brent crude oil for December delivery closed its U.S. trading day at $116.72, its highest since the immediate aftermath of Russia’s attack on Ukraine in February 2022.
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MORE BULLSHIT: TRUMP SAYS U.S. IN FULL CONTROL OF HORMUZ STRAIT
President Donald Trump said in an interview on Sunday that he is still contemplating whether to work out a deal with Iran or to escalate the war and “finish them off.”
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EXPECT MASSIVE U.S. STRIKES ON IRAN AFTER THE MIDTERMS WITH INCREASING ENERGY SHOCK, BOND MARKET SHOCK, WHICH WILL HIT THE ENTIRE U.S. ECONOMY
Multiple major news organizations are now reporting that the United States and Israel have prepared plans for potentially massive new military operations against Iran AFTER THE NOVEMBER 3 US MIDTERM ELECTIONS.
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TRUMP DID NOT DELIVER ON MANY KEY PROMISES
President Donald Trump returned to power in 2025 and envisioned Americans his presidency to usher in a “Golden Age,” but a report last week in the Financial Times showed that the president has come up short on many of those promises.
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SPOTLIGHT ON THE GEN Z REVOLUTION
As we have detailed in The Trends Journal, across the globe young people are taking to the streets in protest of their inability to earn a decent living and the prospects for a more dire socioeconomic future.