Atlantic Lithium (A11:AU) has announced Spodumene Pegmatite Discovered at Agboville and Rubino
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Atlantic Lithium (A11:AU) has announced Spodumene Pegmatite Discovered at Agboville and Rubino
Download the PDF here.
Augustus Minerals (AUG:AU) has announced High-Grade Gold Samples extend Clifton East Strike to 1km
Download the PDF here.
Retail traders and investors often don’t get the credit they deserve. But in April, they showed they’ve got serious market smarts.
While headlines screamed about a tanking stock market — remember, post-Liberation Day— retail investors waited patiently. And when the time felt right, they jumped in, adding $40 billion to the stock market during the month. Just this past Monday, retail investors poured another $5.4 billion in by day’s end. That was more than a third of the day’s trading volume!
If this keeps up, May could beat April in terms of total inflows.
Many of you probably remember the dot-com boom and the painful bust that followed. A lot of retail traders jumped in thinking they were buying the dip. Unfortunately, the market had other plans. Many retail traders got wiped out because they ended up buying at the peak rather than the dip.
This is the risk “buy the dip” buyers face. Sometimes it works. Sometimes it doesn’t. So, how do you protect your portfolio value, especially now that you’re managing some of your investments?
Taking control of your finances doesn’t mean you need to stare at a screen all day. But checking in on the market regularly can go a long way. Even a quick peek at the Market Summary page at the end of each day (or once a week) can help you stay on track.
You’ll get a snapshot of how the major indexes are performing, what their daily or weekly streaks are, and if they are above specific moving averages. Here’s a little snippet of the page. There’s a lot more to discover on the page.
Let’s say you bought shares of NVIDIA Corp. (NVDA) after it dipped in early April. Despite how well the stock performed in 2024, you can’t just “set it and forget it.”
You will want to monitor how the S&P 500 ($SPX), Nasdaq ($COMPQ), and Nasdaq 100 ($NDX) are performing since NVDA is a heavily weighted stock in these indexes.
Here’s what you can do:
The Market Summary page also gives you access to market internals that can help you determine the health of the indexes. These include the Advancing/Declining Issues, Bullish Percent Index (BPI), and New Highs/New Lows, among many others.
Since your focus is semiconductor stocks, you would closely watch the related indexes. For BPI, you’d go one step further and monitor the Technology Sector BPI ($BPINFO).
The US Industries panel displays the performance of the Semiconductors.
At this point, it’s worth analyzing the chart of the SPDR S&P Semiconductor ETF (XSD), the ETF included in the Market Summary page. The six-month daily chart below shows that XSD is now trading below its 200-day SMA, which is a reason for concern.
FIGURE 1. DAILY CHART OF XSD. The ETF fell below its 200-day SMA on Wednesday and is underperforming SPY. Chart source: StockCharts.com. For educational purposes.
Note that XSD is holding on to the support of the May 12 low, which is when the price gapped up. Gaps often get filled, so a fall below where XSD closed on Wednesday could take the ETF down to the $210 level.
In addition, the ETF’s performance relative to the S&P 500 ETF (SPY) over the last six months is at -3.96%. This indicates that semiconductors are trying hard to re-establish their pre-2025 leadership position. If XSD continues to underperform SPY, it would be more reason to be concerned.
Seeing this chart should prompt you to pull up the chart of NVDA. Is the stock following the same pattern as the ETF?
Looking at the six-month daily chart of NVDA, it’s still above its 200-day SMA, unlike XSD. However, NVDA’s stock price is flirting with the support of its May 14 low. A breach of the low could take NVDA’s stock price to its 200-day SMA or lower. This wouldn’t be good for the overall equity market because NVDA is such a heavyweight in the U.S. large-cap indexes.
FIGURE 2. DAILY CHART OF NVDA STOCK. Wednesday’s price action suggests the possibility of a pullback. If price falls below the May 14 low, the next stop could be the 200-day SMA. Chart source: StockCharts.com. For educational purposes.
Before entering your position, you should have identified your profit target and exit point based on your risk tolerance level. Remember, when managing your investments, discipline is key.
The Market Summary page is a tool that can help you stay ahead of the stock market without overwhelming you.
Here is one way to use the Market Summary page:
There are many more ways to use the Market Summary page, and we’ll be sharing more in upcoming articles.
Whether you’re hands-on with your investments, semi-retired, or retired, staying informed can help you feel confident and in control.
So go on, check out the Market Summary page, explore the charts, and stick to your trading plan.
Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
President Donald Trump’s ‘big, beautiful bill’ could be headed for a House-wide vote as soon as Wednesday night after its approval by a key committee in an 8-4 vote.
The House Rules Committee, the gatekeeper for most legislation before it gets to the full chamber, first met at 1 a.m. Wednesday to advance the massive bill in time for Speaker Mike Johnson’s Memorial Day deadline for sending it to the Senate.
The panel adjourned shortly before 11 p.m. Wednesday after all four Democrats voted against the measure and all present Republicans voted for it. Rep. Chip Roy, R-Texas, was the lone lawmaker to miss the vote.
Proceedings crept on for hours as Democrats on the committee repeatedly accursed Republicans of trying to move the bill ‘in the dead of night’ and of trying to raise costs for working class families at the expense of the wealthy.
Democratic lawmakers also dragged out the process with dozens of amendments that stretched from early Tuesday well into Wednesday.
Republicans, meanwhile, contended the bill is aimed at boosting small businesses, farmers, and low- and middle-income families, while reducing waste, fraud, and abuse in the government safety net.
In a sign of the meeting’s high stakes, Johnson, R-La., himself visited with committee Republicans shortly before 1 a.m. and then again just after sunrise.
But the committee kicked off its meeting to advance the bill with several key outstanding issues – blue state Republicans pushing for a raise in state and local tax (SALT) deduction caps, and conservatives demanding stricter work requirement rules for Medicaid as well as a full repeal of green energy subsidies granted in former President Joe Biden’s Inflation Reduction Act (IRA).
A long-awaited amendment to the legislation aimed at fixing those issues debuted around 9 p.m. on Wednesday evening.
The amendment would speed up the implementation of Medicaid work requirements for certain able-bodied recipients from 2029 to December 2026, and award states that did not follow Obamacare-era expansion plans with more federal dollars.
It would also end a host of green energy tax subsidies by 2028 if they did not demonstrate relatively quick return on investment.
Democrats, meanwhile, accused Republicans of hastily trying to change the legislation without proper notice.
Johnson told Fox News Digital during his Wednesday 1 a.m. that he was ‘very close’ to a deal with divided House GOP factions.
Returning from that meeting, Johnson signaled the House would press ahead with its vote either late Wednesday or early Thursday.
But the legislation’s passage through the House Rules Committee does not necessarily mean it will fare well in a House-wide vote.
A pair of House Rules Committee members, Roy and Rep. Ralph Norman, R-S.C., and were two of the conservative House Freedom Caucus members who had called for the House-wide vote to be delayed on Wednesday.
Meanwhile, the White House bore down hard on those rebels, demanding a vote ‘immediately’ in an official statement of policy that backed the House GOP bill.
Several of those fiscal hawks were more optimistic after a meeting at the White House with Trump and Johnson, however.
Republicans are working to pass Trump’s policies on tax, immigration, energy, defense and the national debt all in one massive bill via the budget reconciliation process.
Budget reconciliation lowers the Senate’s threshold for passage from 60 votes to 51, thereby allowing the party in power to skirt the minority — in this case, Democrats — to pass sweeping pieces of legislation, provided they deal with the federal budget, taxation or the national debt.
House Republicans are hoping to advance Trump’s bill through the House and Senate by the Fourth of July.
Jupiter Energy (JPR:AU) has announced Variation to Noteholder Agreements
Download the PDF here.
Here’s a quick recap of the crypto landscape for Wednesday (May 21) as of 9:00 p.m. UTC.
Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin (BTC) was priced at US$108,452 as markets closed, up 1.5 percent in 24 hours. The day’s range for the cryptocurrency brought a low of US$106,490 and a new all-time high of US$109,400.
Bitcoin performance, May 21, 2025.
Chart via TradingView.
Bitcoin surpassed its previous record of US$109,228, set on January 20. Following this peak, the price quickly declined to approximately US$106,000 within an hour, but subsequently stabilized around US$107,000.
Ethereum (ETH) finished the trading day at US$2,507.94, a 0.5 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$2,473.89 and saw a daily high of US$2,597.51.
A bold options trade is betting Bitcoin could hit US$300,000 by the end of June.
According to market data, call options at that stratospheric strike price were the second most traded on Deribit on Tuesday (May 20), hinting at a mix of speculative enthusiasm and hedging behavior among traders.
While some analysts remain optimistic — Standard Chartered (LSE:STAN,OTC Pink:SCBFF), for instance, sees Bitcoin possibly reaching US$120,000 by Q2 — no major forecast comes close to US$300,000.
On Tuesday, Bitcoin hovered near US$107,000, not far from its record high of US$109,241 in January.
Still, market experts caution that without a strong catalyst, the current rally may not sustain its upward trajectory. Betting markets like Polymarket place only a 9 percent chance of Bitcoin hitting even US$250,000 this year, underscoring how isolated this US$300,000 wager truly is.
Bitget has officially surged into third place among global crypto exchanges, reporting US$757.6 billion in futures trading volume and US$68.6 billion in spot volume for April of this year.
The Seychelles-based platform has made a name for itself through features like copy trading, which allows users to mimic high-performing traders in real time. Bitget’s April performance stood out despite a broader market correction, expanding its market share to 7.2 percent and pushing its user base above 120 million. The exchange’s rise signals increasing demand for advanced crypto trading products beyond the traditional buy-and-hold strategy.
XRP joined the roster of cryptocurrencies traded on CME Group’s (NASDAQ:CME) derivatives exchange as the firm launched futures contracts that pulled in over US$19 million in notional volume on Sunday (May 18).
The first day’s tally easily eclipsed Solana’s March debut of US$12.3 million, putting XRP alongside BTC, ETH and SOL in CME’s crypto futures lineup. Offered in both micro (2,500 XRP) and standard (50,000 XRP) sizes, the cash-settled contracts allow investors to speculate on XRP’s price without owning the token.
The timing is noteworthy, as the US Securities and Exchange Commission (SEC) continues to drag its feet on pending exchange-traded fund applications for XRP and SOL, leaving futures as the most viable institutional gateway.
XRP futures could see broader uptake if regulatory clarity around token classification progresses. The SEC’s recent legal moves against other issuers may also increase demand for regulated products like these.
Crypto.com and Kraken have both secured Markets in Financial Instruments Directive (MiFID) licenses to offer crypto derivatives in Europe. Crypto.com secured its license through the acquisition of A.N. Allnew Investments, a Cyprus-based financial firm. Kraken acquired an unnamed Cypriot investment firm to gain its MiFID license.
A MiFID license allows entities to offer crypto derivatives in the EU. Platforms must meet strict regulations, enabling them to provide complex crypto financial products to more European investors under harmonized EU rules.
The moves underscore the increasing maturity of the cryptocurrency market and the proactive steps exchanges are taking to operate within established legal and financial frameworks in key global jurisdictions.
The SEC has charged crypto firm Unicoin and four top executives with running what it calls a US$100 million securities fraud scheme, alleging the company lied about its assets and sales performance.
According to the complaint, Unicoin misled investors by falsely claiming to own prime real estate in locations like Thailand and Argentina, inflating the value of these assets by over US$1 billion. The company also allegedly exaggerated the sales of its ‘rights certificates,’ stating it had raised US$3 billion when the real figure was just US$110 million.
The SEC is seeking disgorgement and civil penalties, and notes that Unicoin rejected a prior attempt to settle the matter.
CEO Alexander Konanykhin told investors last month that the company had “declined to show up” for an SEC settlement meeting, labeling it an “ultimatum.”
Robinhood Markets (NASDAQ:HOOD) has proposed a 42 page framework to the SEC for national regulation of tokenized real-world assets (RWAs), as reported by Forbes on Tuesday.
The proposal also outlines the creation of the Real World Asset Exchange (RRE), a trading platform that would offer off-chain trade matching and on-chain settlement. To ensure efficiency, transparency and global compliance, the RRE would integrate KYC and AML tools through partnerships with Jumio and Chainalysis.
A central aspect of Robinhood’s proposal is the concept of token-asset equivalence. This would classify tokens representing assets like US Treasury bonds as the underlying asset itself, rather than a derivative.
This approach aims to enable institutions and broker-dealers to manage tokenized RWAs within the current regulatory structure, potentially simplifying custody, trading and settlement procedures.
As enterprises continue to build BTC holdings, a new analytical metric, days to cover mNAV, is being used to estimate how long it would take a company to acquire enough BTC to match its market capitalization.
The calculation uses the company’s current multiple of net asset value (mNAV) and its daily BTC yield, incorporating compounding to provide a forward-looking, growth-adjusted valuation.
The formula is: Days to Cover = ln(mNAV) / ln(1 + BTC Yield)
Data from significant Bitcoin-acquiring companies like Strategy (NASDAQ:MSTR), Metaplanet (TSE:3350,OTCQX:MTPLF) and Semler Scientific (NASDAQ:SMLR) between October 2024 and May 2025 indicates an increasingly efficient market that facilitates Bitcoin accumulation for large entities.
The formula was proposed by Adam Back on May 9, and gained traction after being reposted by X user @ActuallyClimber on May 14. CoinDesk reported on its increasing adoption within crypto circles on Wednesday.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
President Donald Trump’s ‘one big, beautiful bill’ passed the House of Representatives early on Thursday morning with few Republican defections.
It is a significant victory for House Speaker Mike Johnson, R-La., who navigated deep inter-party friction within the House GOP Conference to deliver a product from which few Republican lawmakers ultimately defected.
The bill is a sweeping multi-trillion-dollar piece of legislation that advances Trump’s agenda on taxes, immigration, energy, defense and the national debt. It’s sought to make a dent in the federal government’s spending trajectory by cutting roughly $1.5 trillion in government spending elsewhere. The U.S. government is over $36 trillion in debt and has spent $1.05 trillion more than it’s collected in the 2025 fiscal year, according to the Treasury Department.
The bill passed 215 to 214 with just two Republicans, Reps. Thomas Massie, R-Ky., and Warren Davidson, R-Ohio, voting against it. All Democrats voted against the bill as well, and House Freedom Caucus Chair Andy Harris, R-Md., voted ‘present.’
Republicans spent more than 48 hours continuously working on the bill from the time it came before the House Rules Committee – the final gatekeeper before a House-wide vote – at 1 a.m. on Wednesday to when it passed the chamber just after 7 a.m. on Thursday.
‘It quite literally is morning again in America,’ Johnson said. ‘What we’re achieving today is nothing short of historic.’
All the while, Democratic lawmakers attempted a variety of delay tactics, from introducing amendments targeting key Trump policies to forcing several procedural votes on the House floor ahead of debate on the legislation.
House Minority Leader Hakeem Jeffries, D-N.Y., notably spoke on the House floor for over 30 minutes just before the vote in a last-ditch effort to stretch out the seemingly endless day of debate and votes.
‘This bill represents a failed promise. Last year, Donald Trump and House Republicans spent all of their time to lower the high cost of living in the United States of America,’ Jeffries said on the House floor. ‘We’re now more than 120 days past the inauguration. Costs aren’t going down, they’re going up.’
Tensions flared at multiple points as visibly weary lawmakers continued to fight their ideological battle into the early morning.
Rep. Steve Womack, R-Ark., who was presiding over the House at the time, warned Jeffries multiple times to address the chair in his remarks rather than directly attacking Republicans sitting across the chamber.
‘Every time I’m interrupted, that’s going to add another 15 minutes to my remarks,’ Jeffries said as Democrats sitting around him sounded off in support.
The bill seeks to permanently extend Trump’s 2017 Tax Cuts and Jobs Act (TCJA) while also implementing newer Trump campaign promises like eliminating taxes on tips and overtime pay, and giving senior citizens a higher tax deduction for a period of four years.
The legislation also included new funding for the border and defense, including more money for Immigration and Customs Enforcement (ICE) operations and $25 billion to kick-start construction of a ‘Golden Dome’ defense system over the U.S.
Cuts include new work requirements for able-bodied Medicaid recipients, as well as putting more of the cost-sharing burden on states that took advantage of the Affordable Care Act (ACA)’s expanded Medicaid enrollment by giving illegal immigrants access to the healthcare program.
The legislation would also roll back a host of green energy tax credits awarded in former President Joe Biden’s Inflation Reduction Act (IRA) – which Trump vowed to repeal in its entirety on the campaign trail.
It also would cut the Supplemental Nutrition Assistance Program (SNAP) by roughly 20% by introducing some cost-sharing burdens on the states and increasing the amount of able-bodied Americans facing work requirements to be eligible for food stamps.
All House Democrats rejected the bill, accusing Republicans of disproportionately favoring the wealthy at the expense of critical programs for working Americans. Republicans, on the other hand, have contended that they are preserving tax cuts that prevent a 22% tax increase on Americans next year if TCJA was allowed to expire, as well as streamlining programs like Medicaid and SNAP for vulnerable Americans who need it most.
Rep. August Pfluger, R-Texas, chair of the House’s 189 member-strong Republican Study Committee, told Fox News Digital, ‘This transformational legislation permanently extends President Trump’s historic tax cuts, provides unprecedented funding for border security, and obliterates the last four years of catastrophic Democratic policies.’
And while most GOP lawmakers united on the final bill, divisions appeared to persist until the final moments. Conservatives had pushed for more aggressive targeting of Medicaid waste and Biden green energy subsidies, while blue state Republicans pushed for tax relief for Americans in high-cost-of-living areas.
To resolve outstanding differences, House Republican leaders released a list of eleventh-hour changes to President Donald Trump’s ‘one big, beautiful bill,’ hours before their full chamber is expected to consider the legislation.
New provisions in the bill include a ban on federal funding for transgender adults’ medical care, and $12 billion in new funding to reimburse states for money they spent countering the former Biden administration’s border policies.
A key request from fiscal conservatives was also honored, with House GOP leaders apparently agreeing to speed up the implementation of work requirements for certain able-bodied recipients of Medicaid.
The bill initially had Medicaid work requirements going into effect in 2029.
Rep. Chip Roy, R-Texas, one of the fiscal hawks leading GOP opposition to the bill, told Fox News Digital just after midnight Thursday that he was not sure if the legislation went far enough – but suggested the White House could persuade him with other avenues for change.
‘There are things in the executive space, executive actions that we think could take care of … some of our concerns on the Medicaid expansion,’ Roy said.
The legislative update also included a victory for blue state Republicans who have been pushing for a higher state and local tax (SALT) deduction cap – the current $10,000 cap would be quadrupled to roughly $40,000, but only for people making less than $500,000 per year. The $10,000 cap was first instituted in TCJA.
‘This is what real leadership looks like. President Trump and House Republicans made a promise to the American people to secure our border, protect seniors, cut taxes on tips and overtime, and shut off the spigot of benefits for illegal immigrants,’ first-term Rep. Mike Haridopolos, R-Fla., told Fox News Digital.
Rep. Randy Feenstra, R-Iowa, told Fox News Digital, ‘More than 77 million Americans made clear at the polls that they want President Trump’s America First agenda codified into law, and our ‘One, Big, Beautiful Bill’ delivers on this promise.’
But while House GOP leaders are enjoying their hard-fought victory now, the battle over Trump’s ‘big, beautiful bill’ is not over.
Senate Republicans have already signaled they expect to make changes to the bill when it reaches the upper chamber, despite House GOP leaders publicly urging them to amend as little as possible.
There is a significant number of senators who have expressed wariness at the level of Medicaid and SNAP cuts sought by the House. An increase to the SALT deduction cap could also be met with skepticism in the Senate, where no Republican represents a blue state – unlike the House, where New York and California districts are critical to the majority.
The House and Senate must pass identical bills before sending them to Trump’s desk for a signature. GOP leaders have signaled they hope to do that by the Fourth of July.
The International Committee of the Red Cross (ICRC) has not had the opportunity for more than 590 days to visit hostages in Gaza and provide them with medical care. However, Communications Coordinator for the International Committee of the Red Cross Jacob Kurtzer tells Fox News Digital that the organization has been ready to provide hostages with medical assistance ‘from day one’ — despite not being granted access to them.
‘It’s no secret that the ICRC has not been able to visit hostages to carry out the work that’s mandated — to carry out our humanitarian work, to visit, to bring medicine,’ Kurtzer told Fox News Digital. ‘I can assure you it’s not for lack of trying, and I can assure you that every single day, our colleagues here, our colleagues at headquarters, and our colleagues at other delegations are working to try to find a way to get access.’
Since its establishment over 160 years ago, the ICRC has prided itself on serving as a neutral body focused on delivering aid and medical care. However, since the war in Gaza began, the ICRC has faced criticism from some for not pushing to visit the hostages and for its volunteers taking part in Hamas-led hostage release ceremonies.
When asked by Fox News Digital about the ceremonies, Kurtzer said that ICRC workers in Gaza have ‘very little ability to dictate the terms and the protocols of the release operations.’ However, he added that the organization believes these hostage release operations ‘must be done in dignity and should be done privately.’
‘So, certainly there were things that we saw that we didn’t like. We conveyed our views about those directly through what we call our bilateral and confidential dialogue,’ Kurtzer said.
Despite facing mounting pressure and obstacles, the ICRC seems to be sticking to its mission. Kurtzer said that the organization is ready to ‘jump at’ any opportunity to reach the hostages and provide them with assistance. However, Hamas has still not given them that opportunity.
Kurtzer also addressed the ICRC’s position on access to Palestinian detainees held by Israel.
When discussing the lack of opportunities to visit the hostages who have been held in Gaza since Hamas’ brutal Oct. 7 massacre, Kurtzer also mentioned that the ICRC would like to have the opportunity to visit Palestinians being held by Israel. Fox News Digital then pressed Kurtzer on whether the ICRC saw the situation of hostages in Gaza and Palestinians being held in Israel as equivalent. Kurtzer later clarified the comments in a statement to Fox News Digital.
‘The ICRC recognizes the distinction between hostages and detainees enshrined in international humanitarian law (IHL). Hostages are captured or held with the threat of being harmed or killed to pressure another party into doing something, as a condition for the hostage’s release or safety. Hostage-taking is a violation of IHL,’ he said. ‘We provide assistance and work to alleviate suffering on all sides of a conflict. Under IHL, the ICRC must be notified of and granted access to Palestinians in Israeli custody, and we continue to seek this access.’
Beyond the hostages, ICRC is tasked with providing humanitarian assistance in Gaza, something Kurtzer said is urgently needed. He called the situation in the Strip ‘catastrophic.’
Kurtzer recalled the relief that the recent ceasefire provided those on the ground in Gaza.
‘It provided hope. It provided hope for families on all sides. It provided hope to families of the hostages. It provided hope for people living inside Gaza,’ Kurtzer said. However, the resumption of military action has ‘contributed to a sense of despair,’ he said.
Since Kurtzer spoke with Fox News Digital, Israel has altered its position on humanitarian access, now allowing some aid trucks into Gaza. However, critics argue that the scale of assistance remains insufficient.
U.K. Foreign Minister David Lammy announced on Tuesday that his country was suspending trade talks with Israel over the handling of the war in Gaza. French President Emmanuel Macron also condemned Israel in a post on X. Additionally, U.N. Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Tom Fletcher said the aid being allowed in was a ‘drop in the ocean.’
‘We really believe that the path forward is one where humanitarian assistance is allowed in and we urgently and we appeal over and over again for the parties themselves to find a better path forward because what we’re seeing now is just really very, very devastating,’ Kurtzer told Fox News Digital.
Marco Rubio told Fox News that far-left Democrats espousing regret over voting to confirm him as secretary of state is likely just ‘confirmation’ that he is doing a good job.
Democrat Maryland Sen. Chris Van Hollen told Rubio during a Senate Foreign Relations Committee hearing yesterday that he ‘regret[ted] voting’ to confirm him as secretary of state after indicating as much on ‘Fox News Sunday’ in March. Rubio shot back at the hearing that Van Hollen’s regret just proves he is doing a good job, and he subsequently told Fox News that the same goes for other Democrats who are expressing regret over their nod of approval to him earlier this year when he was confirmed by the Senate 99-0.
‘In some cases, depending on … whoever you’re talking about and what they stand for, the fact that they don’t like what I’m doing is a confirmation I’m doing a good job,’ Rubio said. ‘That’s how I feel about it.’
A growing number of Democrats are coming out against Rubio despite voting to confirm him, with the bulk of the criticism describing him as a sell-out to the Trump administration.
‘I don’t recognize Secretary Rubio,’ Sen. Jacky Rosen, D-Nev., added during the Tuesday Senate Foreign Relations Committee hearing with Van Hollen, noting that in the past she had viewed him as ‘a bipartisan’ and ‘pragmatic’ person.
‘I’m not even mad anymore about your complicity in this administration’s destruction of U.S. global leadership. I’m simply disappointed,’ Rosen said.
Last week, Democrat Hawaii Sen. Brian Schatz lamented that Rubio has aligned himself ‘so closely’ with President Donald Trump.
‘President Trump’s narrow and transactional view of the world is not news to anybody. But what is genuinely surprising to me is that Secretary Rubio is aligning himself so closely with it,’ Schatz said during a live event hosted by the Council on Foreign Relations last week.
‘This is someone who, up until four months ago, was an internationalist. Someone who believed in America flexing its powers in all manners, but especially through foreign assistance,’ Schatz continued. ‘And yet, he is now responsible for the evisceration of the whole enterprise. He’s a colleague. I voted for him. We talk all the time. But what I’m trying to understand is: What happened?’
Schatz noted that he hopes to see Rubio ‘reemerge, reassert himself and save the enterprise.’
Rubio’s supportive stance on Trump’s foreign aid cuts, his defense of the deportation of Kilmar Abrego Garcia and his alleged lack of action to help get him back to the U.S., his approach to the Russia-Ukraine war, and Rubio’s decision to pull visas from foreign college students in the U.S. for stoking anti-Israel sentiment on university campuses are all issues Democrats have pointed to for why they regret voting to confirm Rubio.
The secretary’s alleged role in bringing white South African refugees to the U.S. was also something for which Rubio was chastised by Democrats during his Tuesday testimony on Capitol Hill.
‘I think a lot of us thought that Marco Rubio was going to stand up to Donald Trump,’ Democrat Connecticut Sen. Chris Murphy said in March during an interview on CNN. ‘Marco Rubio has not, and that’s been a great disappointment to many of his former colleagues in the Senate.’
Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event.
The company announced Tuesday it is introducing a skills-based competition at Fanatics Fest 2025, taking place June 20-22 in New York City. Fanatics says more than $2 million will be given away in prizes, including a $1 million cash prize for first place, a Ferrari 812 GTS for second place and a Lebron James collectors card worth $250,000 for third place. If no fans finish in the top three, falling short of the celebrity competitors, the highest-scoring fan will receive $100,000.
If a celebrity competitor comes in first, they take home the seven-figure prize.
“I think the thinking was, how do we create even more of an insane environment where fans and athletes and streamers are all running around, in this case, quite literally, having a great time and showcasing all of that,” said Lance Fensterman, CEO of Fanatics Events.
It’s the second Fanatics Fest after the inaugural event last year drew more than 70,000 fans and brought together major sports leagues and hundreds of current and former athletes. The offerings last year included league activations, autograph sessions and a trading cards and collectibles show.
This year, Fanatics is hoping to go even bigger — with a goal of bringing in 100,000 attendees — as the company continues to broaden its reach in sports marketing.
Michael Rubin acquired Fanatics in 2011 after merging it with his company, GSI Commerce. What began as a sports e-commerce platform has evolved in recent years into a diverse sports platform offering trading cards and sports memorabilia, live shopping, betting and gaming, as well as an events business.
Fifty fans will be selected to compete at Fanatics Fest 2025 against top talent that also includes comedian Kevin Hart, former New England Patriot Rob Gronkowski, Los Angeles Clippers shooting guard James Harden and Olympic gymnast Jordan Chiles.
The competition will include Major League Baseball pitching accuracy, National Hockey League slapshot accuracy, National Football League passing accuracy, a National Basketball Association shooting competition, a FIFA goal scoring challenge and a golfing contest. Fans can apply to participate by submitting a short video in the Fanatics app.
While Fanatics’ events business represents just a small fraction of business — last valued at $25 billion, according to a person familiar with the company — Fensterman said Fanatics Fest creates a lot of positive sentiment around the company.
“It’s incredibly impactful in terms of bringing the entire ecosystem together for the sole focus of delighting,” he said.