META surges as GOP blinks

Zuckerberg avoids Contempt of Congress... for now ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Well, Mr. X [predicted](. He said Meta Platforms picking a fight with the GOP would not cost Mark Zuckerberg. And sure enough, the Republicans backed down. He said: Even if the GOP goes after Meta Platforms, that may not cost him much, given that the press and corporate America want him to censor more, not less. And yesterday, GOP Judiciary Chair Jim Jordan pulled back from holding Mark Zuckerberg in Contempt of Congress. He claims they received new documents. He tweeted (or posted on X, whatever the new term is): Never-before-released internal documents subpoenaed by the Judiciary Committee PROVE that Facebook and Instagram censored posts and changed their content moderation policies because of unconstitutional pressure from the Biden White House. He's leaving the option of holding Zuckerberg in Contempt of Congress open for the future. Yet it's difficult not to see this as a blink. Besides, the White House is hardly going to side with the GOP on this, given that the Republicans are blaming President Biden himself. META was up more than 4% yesterday. In the long run, the stock market does reflect financial realities. It may also reflect the realities of political power. Let's see what the GOP does next. Keep Moving, Corey Snyder Publisher, Rogue Publishing WORD ON THE STREET Just A Billion Dollars, No Big Deal - Norfolk Southern Still Suffering From East Palestine Crash - Norfolk Southern has been hit with charges of $416 million in the second quarter and $387 million in the first quarter due to expenses from the train derailment in East Palestine. According to CEO Mark George, the company has also lost about $200 million in revenue. That's about a billion dollars for one derailment. - MSFT Faces Antitrust Troubles - The European Commission is investigating whether Microsoft's Teams app is violating antitrust laws by being packaged with other items in its productivity suite. The complaint began after accusations from Slack, which obviously has a lot to gain if the EU rules against Teams. The EU is still investigating if "there is a breach of antitrust considerations" - Trump Charged With More Crimes - Special Counsel Jack Smith added more charges against former president Donald Trump for allegedly mishandling classified information. Specifically, Smith argues that the former president attempted to "alter, destroy, mutilate, or conceal evidence" by deleting video footage. - KLA Corp. Crushes Earnings Expectations - KLAC was up 5.35% during the trading day and more than 3% in after-hours. Adjusted earnings were $5.40 a share while expectations were for just $4.86 a share. HOT SPOTS: What's Going on in Geopolitics - Bank Of Japan Says It Will Handle Things Differently - The Bank of Japan said it would use greater flexibility in the future in managing the yield curve. However, it will still keep interest rates extremely low, even as it raises its estimate for inflation in fascial 2023 to 2.5%. - Russia Meets With North Korea - Russian Defense Minister Sergei Shoigu met with Kim Jong Un in a regional security meeting. Both Russian and Chinese officials were present at a major North Korean military parade, which included the country's new ICBM's. - Ukraine Claims Military Success - Russian president Vladimir Putin admitted that Ukraine's counteroffensive had "significantly" intensified as Ukraine claimed territory near Zaporizhzhia. The village of Staromaiorske is reportedly under Ukrainian control, marking a notable breakthrough in Russian defenses. However, the counteroffensive generally has met with slow progress, frustrating some Western observers. CUTTING EDGE: What[']( Happening In Tech - X Goes Emo - Twitter, I mean X, will soon just be in dark mode. Elon Musk posted that "this platform will soon only have 'dark mode.'" Disagree? Too bad. "It is better in every way," says the TecnoKing. - EV Makers Join Up For Charging Network - Hyundai, Kia, Mercedes-Benz, Stellantis, BMW, Honda, and General Motors are joining forces to create a new EV charging network. The goal is to install - at minimum - 30,000 EV chargers by 2030. The network will tap government funds to help make it happen. - Intel Is Back Baby - Earnings per share hit 13 cents as opposed to a loss expected by analysts, while revenue also topped expectations. Intel has returned to profitability after reporting losses in the last two quarters. A better than expected forecast also cheered investors. INTC was up more than 7.8% in after-hours trading FOR YOUR CONSIDERATION --------------------------------------------------------------- "You have to look into an orb. I am not making this up." up babe, the new dystopia psy-op just dropped. Actually, it's the new cryptocurrency. It's bought to you by the founder of OpenAI, it is surging in price and user base, and it meets a real demand. Is this for real... or is it just telling us something about human nature? Mr. X explains. [WORLDCOIN SURGES AFTER DEBUT]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( for more information. Sent to:{EMAIL} [Unsubscribe]( Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States