The Spanberger Surge: Virginia Governor May Prove The Greatest Gun Influencer Since Charlton Heston Authored by Jonathan Turley, Is Virginia Gov. Abigail Spanberger (D) a mole for the National Rifle Association (NRA)? After the recent scandal involving the Southern Poverty Law Center (SPLC), some may wonder given a curious turn of events in Virginia. Gun sales have surged after Spanberger and the ...
The Spanberger Surge: Virginia Governor May Prove The Greatest Gun Influencer Since Charlton Heston Authored by Jonathan Turley, Is Virginia Gov. Abigail Spanberger (D) a mole for the National Rifle Association (NRA)? After the recent scandal involving the Southern Poverty Law Center (SPLC), some may wonder given a curious turn of events in Virginia. Gun sales have surged after Spanberger and the Democrats passed sweeping gun bans. Spanberger also issued a public statement that could help tank the legislation in court — resulting in the striking down of the law (or parts of the law) after spurring record gun sales. After July 1st, it will be a misdemeanor to buy, sell, transfer, or make an “assault firearm.” With a July 1 deadline looming, background checks and sales are surging in Virginia. Stores are reporting that they cannot keep weapons on the shelves as Virginians flood stores to beat the deadline. State Sen. Saddam Salim, D-Dunn Loring, a Spanberger ally who introduced the bill, further fueled the panic by declaring that the legislation will “gradually” take these guns because these firearms “do not belong on our streets.” Gun rights groups have long challenged the claims of Democratic leaders on these guns. As I have previously written , these calls often appear entirely disconnected from the actual crime or the constitutional protections afforded gun owners, including President Biden demanding a ban on assault weapons after a shooting with a handgun. Biden and others often collectively call these guns “assault weapons,” a standard reference to such popular models as the AR-15. The AR-15 is the most popular gun in America and the number of these guns in private hands is continuing to rise rapidly, with one AR-15 purchased in every five new firearms sales . These AR-15s clearly are not being purchased for armored deer. Many are purchased for personal and home protection; it is also popular for target shooting and hunting. Many gun owners like the AR-15 becaus...
The SpaceX IPO (initial public offering) is expected to take place on June 12. The company's public debut is expected to break records. Reports suggest that SpaceX is targeting a $1.77 trillion valuation, with hopes to raise up to $75 billion in fresh capital. It's hard to put SpaceX into a box. While most laypeople see the company as a rocket stock , it's also a satellite stock. The company's big...
The SpaceX IPO (initial public offering) is expected to take place on June 12. The company's public debut is expected to break records. Reports suggest that SpaceX is targeting a $1.77 trillion valuation, with hopes to raise up to $75 billion in fresh capital. It's hard to put SpaceX into a box. While most laypeople see the company as a rocket stock , it's also a satellite stock. The company's biggest money maker is currently its Starlink internet service. But SpaceX is even more than just a rocket and satellite company. Most of all, the company hopes to become one of the largest AI stocks on the planet. Just take a look at the company's claimed total addressable markets (TAMs) as described in its recent IPO prospectus : "We believe we have identified the largest actionable total addressable market in human history. We estimate that our quantifiable TAM is $28.5 trillion." A whopping $26.5 trillion of that $28.5 trillion total is related exclusively to AI. Continue reading
In this article LVMUY LVMUY RL Follow your favorite stocks CREATE FREE ACCOUNT A customer shops for gold jewelry at a gold store in Hangzhou, Zhejiang Province, China, on June 3, 2026. Costfoto | Nurphoto | Getty Images China's wholesale prices rose at the fastest pace in nearly four years in May, driven by surging raw material costs from the Iran war and an artificial intelligence investment boom...
In this article LVMUY LVMUY RL Follow your favorite stocks CREATE FREE ACCOUNT A customer shops for gold jewelry at a gold store in Hangzhou, Zhejiang Province, China, on June 3, 2026. Costfoto | Nurphoto | Getty Images China's wholesale prices rose at the fastest pace in nearly four years in May, driven by surging raw material costs from the Iran war and an artificial intelligence investment boom, while consumer inflation came in below estimates. The producer price index jumped 3.9% from a year ago, the highest since July 2022, topping economists' forecast of 3.8%, and outpacing 2.8% in April, according to data released by the National Bureau of Statistics on Wednesday. Wholesale prices returned to growth in March as the input cost surge stemming from the Middle East conflict lifted the economy out of its longest deflationary streak in decades. PPI has been boosted by a surge in global commodity prices, as the Iran war has throttled traffic through the Strait of Hormuz, disrupting energy and raw material flows. Aside from higher commodity costs, wholesale prices were also buoyed by the growing demand for artificial intelligence computing power, pushing up prices for tech equipment and semiconductors. Consumer prices rose 1.2% in May from a year earlier, missing economists' estimates of 1.3% growth in a Reuters poll. On a month-on-month basis, the consumer inflation dropped 0.1% from April. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.