Author

admin

Browsing

Palantir co-founder and renowned defense investor Joe Lonsdale weighed in on escalating tensions between Israel and Iran in a CNBC interview on Friday.

According to Lonsdale, Tehran’s pursuit of nuclear weapons demands decisive US action, regardless of political hesitation or past intervention fatigue.

Lonsdale refrained from speculating on intentions, referring to President Trump’s recent remarks that the United States could launch a military action in Iran within the next two weeks.

However, he emphasized the severity of the threat, saying, “If people chant death to America for years, kill American soldiers, and then try to build a nuke, you should make it clear they can’t have a nuke.”

Palantir’s co-founder dismissed the idea that the entire population of Iran (92 million people) supports the regime’s ambitions, pointing instead to the country’s rich history and its people’s natural alignment with Western values.

“The Personal people, the Kurds – these are modern, intelligent communities who have suffered under a theocratic regime,” Lonsdale told CNBC this morning, adding, “Iran could be a prosperous republic if not run by crazy people”.

Palantir co-founder urges military action against Iran

Joe Lonsdale expressed confidence in America’s so-called bunker-buster bombs in the CNBC interview on Friday.

“I’m told they work – there’s no reason they shouldn’t be able to do it – and you can always hit things multiple times just to be sure,” he noted.

Lonsdale backed the idea of a preemptive strike to eliminate nuclear infrastructure but clarified that he respects the administration’s stated goal of stopping nuclear proliferation without necessarily pursuing regime change.

That said, Palantir’s co-founder acknowledged that toppling Iran’s regime could unlock long-term stability in the region.

You take out the mullahs, you remove an entire axis of terror – Hamas, Hezbollah, Houthis – all funded and fuelled by this regime. The Abraham Accords could flourish, and peace becomes more viable, he said.

Lonsdale criticizes ‘woke right’ for view on Iran

Joe Lonsdale was unsparing in his criticism of past Democratic administrations as well as factions within the current Republican government.

He rebuked President Obama for avoiding the term “Islamic extremism”, accusing him of playing balance-of-power politics that allowed radicals to thrive.

At the same time, he slammed elements of what he called the “new woke right” – including figures like Steve Bannon and Tucker Carlson – for opposing action against Iran due to war fatigue.

Being against more boots on the ground doesn’t mean you allow maniacs to get nukes – it’s childish stubbornness, being so angry about Iraq that they can’t see this is different.

Palantir’s co-founder also pointed to misinformation campaigns, alleging many anti-interventionist voices online are fake accounts from Islamist networks masquerading as conservatives.

The rising geopolitical tensions, particularly in the Middle East, are helping PLTR shares remain at record levels of about $140.

The post Palantir co-founder: US must prevent Iranian nukes appeared first on Invezz

Tesla has signed its first agreement to build a utility-scale battery storage facility in China, marking a major step in the company’s global energy ambitions despite ongoing trade tensions between Washington and Beijing.

The announcement, shared by Tesla on the Chinese social media platform Weibo, revealed that the new project would become China’s largest grid-side energy storage installation upon completion.

$556 million project backed by local government and Chinese financier

The project, valued at 4 billion yuan (approximately $556 million), involves a partnership between Tesla, the Shanghai municipal government, and China Kangfu International Leasing, according to a report from Chinese media outlet Yicai, cited by Reuters

Tesla stated that its Shanghai battery plant has already produced over 100 Megapacks during the first quarter of 2025.

Each Megapack — a large-scale lithium-ion battery designed for utility use — is capable of storing up to 1 megawatt of power for four hours.In the U.S., a single Megapack is priced just under $1 million, though pricing for the Chinese market has not been disclosed.

Addressing power grid stability and urban energy demand

Tesla emphasized that the new facility will act as a “smart regulator” for urban electricity needs.

Utility-scale battery systems like Megapacks are used to stabilize the grid by storing excess energy from intermittent renewable sources such as wind and solar, then releasing it when demand peaks.

“The grid-side energy storage power station is a ‘smart regulator’ for urban electricity,” Tesla said in its Weibo post.

“It can flexibly adjust grid resources, effectively solve the pressure of urban power supply, and ensure the safe, stable, and efficient electricity demand of the city.”

Competing in a crowded market

Tesla’s expansion into China’s grid storage sector places it in direct competition with major domestic players such as CATL and BYD, both of which have a significant presence in the global battery industry.

CATL, which controls roughly 40% of the global battery market, is also reportedly supplying battery cells and packs for Tesla’s Megapacks, according to Reuters.

While competition is fierce, the Chinese market remains an important growth opportunity for Tesla, especially given Beijing’s push for cleaner energy solutions.

In 2024, China announced plans to add nearly 5 gigawatts of battery-powered capacity by the end of 2025, aiming for a total of 40 gigawatts.

Energy storage: a growing global trend

Tesla’s Shanghai facility also serves global demand, with Megapack units exported to both Europe and Asia.

The deal aligns with a broader surge in utility-scale battery deployment worldwide.

According to the International Energy Agency (IEA), global battery storage capacity grew by 42 gigawatts in 2023, nearly doubling the increase recorded in the previous year.

Despite past political headwinds, Tesla’s latest project underscores the company’s commitment to deepening its foothold in China’s fast-expanding clean energy sector, a move that may also carry diplomatic significance amid complex U.S.-China relations.

The post Tesla to build China’s largest grid-scale battery storage facility appeared first on Invezz

Investors have bailed on First Solar Inc (NASDAQ: FSLR) in recent sessions after the US Senate backed removal of subsidies for solar companies that President Trump proposed last month in his “One Big Beautiful Bill Act”.

Still, RBC analysts led by Christopher Dendrinos remain convinced that FSLR may actually prove a bright spot in an industry that’s otherwise “toast” after the upper chamber’s recent nod on cutting incentives.

Following a massive decline over the past month, First Solar stock is down more than 25% versus its year-to-date high.

Why is First Solar stock insulated from Trump’s spending bill?

Dendrinos is confident that FSLR shares will prove resilient and more insulated than other renewable energy stocks from the potential impact of the Senate’s recent decision on the solar industry, primarily because it’s a utility-scale operator.

“We believe utility solar will be more resilient [since] these projects are not limited by the leasing restrictions,” he told clients in a research note on Friday.

First Solar drives most of its business from large-cap companies like Amazon and Meta Platforms, instead of households.

In 2025, these names rely rather aggressively on solar farms to power their artificial intelligence data centres. So, the demand outlook for FSLR remains strong as ever since subsidies and discounts don’t matter much for its multi-billion-dollar customers.

“If you [build] a data center, energy power is like 7% of the cost. If 7% of the cost [becomes] 9% of the cost, do you think they will stop this project? I do not think so,” argued Per Lekander, the founder of Clean Energy Transition, in a recent interview with CNBC.  

That’s actually part of the reason why First Solar shares, despite the recent crash, are still up more than 20% versus their year-to-date low in early April.

Is it worth buying FSLR shares at current levels?

Lekander sees the recent pullback in FSLR stock as a raging “buying opportunity” as there aren’t any practical alternatives for the Tempe headquartered manufacturer of solar panels.

“If you were to go and try to do a gas turbine, you’d probably get it delivered in 2033. If you want to build a nuclear plant, it’s 2040. A solar plant, you can do it one year,” he told CNBC this week.

Lekander sees the company’s utility-scale operations as such a massive advantage that he’s convinced First Solar stock could as much as double from current levels.  

What’s also worth mentioning here is that solar power, even without tax credits, arguably retains its value proposition compared to fossil fuels.

That’s partly why the rest of Wall Street hasn’t thrown in the towel on First Solar stock either. The consensus rating on FSLR shares remains at “overweight” with the mean target of $202, indicating potential upside of nearly 40% from current levels.

The post Why First Solar stock remains a raging buy despite Trump’s spending bill appeared first on Invezz

Autonomous vehicles have already started taking share within ride-sharing and trucking industries this year, and Goldman Sachs believes the penetration will only accelerate moving forward.

According to its analyst Mark Delaney, it has already been well established that self-driving tech works, and “the key focus for investors is now on the pace at which AVs will grow and how big the market will become.”

Melaney’s current estimate sees autonomous vehicles making up 8% of the US ride-share market by the end of this decade as commercial operations continue to expand to dozens of new cities.

For those interested in gaining exposure to the expected rapid growth in autonomous vehicles in the years ahead, Goldman Sachs recommends owning the following three stocks.

Lyft Inc (NYSE: LYFT)

Goldman Sachs believes AV-related risks to ride-sharing companies like Lyft are overblown and fully baked into the stock prices already.

In fact, the investment firm is convinced that LYFT will “continue to enter into partnerships” to eventually play a central role in generating demand for autonomous vehicles. 

Mark Delaney currently rates Lyft stock at “buy”. His $20 price target on the ride-hailing company indicates potential upside of nearly 40% from current levels.

Note that Lyft Inc. recently increased its total share repurchase authorisation to $750 million, which makes up for an additional reason to own it in the back half of 2025.

Alphabet Inc. (NASDAQ: GOOGL)

Google-parent Alphabet is an exciting means to play self-driving, particularly because it has already produced palpable results for investors in the AV market.  

Waymo currently leads the US autonomous vehicles market, averaging as many as a quarter-million rides per week according to its most recent update.

Goldman Sachs currently has a “buy” rating on GOOGL stock with a price target of $220, signaling potential upside of well over 25% from current levels.

A dividend yield of 0.48% tied to Alphabet shares at writing makes them even more exciting to own in 2025.

TE Connectivity Plc (NYSE: TEL)

Goldman Sachs sees “incremental content opportunities” in this Galway-headquartered firm since high-speed connectivity is paramount to partially as well as fully autonomous vehicles.

“We believe that connectors for data connectivity make up about 10% of the total connector value per vehicle, and represent an attractive growth opportunity,” Mark Delaney told clients in his most recent research note.

The investment firm currently rates TE Connectivity shares at “buy”. Delaney has a price target of $184 on the NYSE-listed firm that indicates potential for another 13% gain from here.  

TEL stock is worth owning to play the AV space also because they pay a healthy dividend yield of 1.73% at the time of writing, which makes them even more attractive to own for income investors.

The post Goldman Sachs names top 3 autonomous vehicle stocks to buy and hold in 2025 appeared first on Invezz

The State Department said Friday it had provided ‘information and support’ to over 25,000 people in Israel, the West Bank or Iran seeking guidance on what to do and how to get out.

When pressed on the matter during a State Department briefing Friday afternoon, State Department spokeswoman Tammy Bruce declined to go into further detail about how many of those 25,000 people are American citizens or any other breakdown of the number. 

News of the number of people the State Department has assisted comes after the agency announced the formation of a task force to assist Americans looking to leave Israel or other Middle Eastern countries.  

Bruce said during a press briefing Friday that the United States does not intend to help transport American citizens directly from Iran, and they will have to make it out first before they can be assisted by the government. 

United States Ambassador to Israel Mike Huckabee said earlier this week the embassy in Jerusalem was ‘working on evacuation flights & cruise ship departures’ for Americans trying to leave Israel.

Huckabee released his statement hours after the U.S. Embassy in Jerusalem wrote in its own X post that there was ‘no announcement about assisting private U.S. citizens to depart at this time,’ but it simultaneously acknowledged ‘the Department of State is always planning for contingencies to assist with private U.S. citizens’ departure from crisis areas.’

So far, the U.S. has not engaged in a large-scale effort to help Americans get out of Israel. But, according to ABC News, the military did assist in flying some American diplomats and family members from the U.S. Embassy this week. 

Private flights for American citizens did begin landing in Florida Thursday after Florida Gov. Ron DeSantis dispatched four planes to pick up U.S. citizens stuck in Israel during the ongoing violence. Other private options to get out of Israel are also available.

On Monday, the State Department raised its travel warning for Israel to the highest level possible.

This post appeared first on FOX NEWS

While Democratic senators are blaming President Donald Trump for the ongoing Iran-Israel conflict, Republicans are urging the president to continue standing in support of Israel as it attempts to eliminate Iran’s nuclear weapon capabilities.

This comes as Israel and Iran, two major powers in the Middle East, are locked in a heavy missile war. Israel, a U.S. ally, has been targeting Iranian nuclear facilities with the intent of keeping Iran from utilizing nuclear weapons, something Trump has long advocated.

Following intense speculation that Trump would join the conflict by launching a U.S. strike on Iran, the White House issued a statement from the president in which he said there is a ‘substantial chance’ for renewed negotiations to end the conflict. In the statement, Trump said he would decide which path to take in the next two weeks.

The White House has said that any deal with Iran would have to include a full commitment to not developing nuclear weapons, including no uranium enrichment, a necessary step to developing nuclear weapons. Iran has said it will not accept an agreement with a zero enrichment provision. 

Speaking with Fox News Digital in the halls of the Capitol, Sen. Elizabeth Warren, D-Mass., slammed Trump for pulling the U.S. out of a nuclear agreement of which Iran was a part during his first term. 

‘The way to keep Iran from having a nuclear weapon is through negotiation,’ she said. ‘We actually had that deal, and Donald Trump threw it out the window.

That means we lost our inspectors, we lost the plans that had been made,’ she continued.

‘Right now, we need more deconfliction in the area. We need to bring down the temperature between Israel and Iran. That’s what’s best for Israel and Iran, it’s what’s best for the region and for the whole world,’ said Warren.

Sen. Tammy Duckworth, D-Ill., also blamed Trump, saying, ‘He’s the one who put us out the deal in the first place,’ which she said ‘very much so’ contributed to the ongoing conflict.

While he said the U.S. should not be involved in bombing missions or any other military action against Iran, Sen. Tim Kaine, D-Va., said, What we should do is continue to provide Israel with all the tools they need to defend themselves.’

‘I hope the president will continue to promote a diplomatic solution that we had until he tore it up,’ said Kaine.

Meanwhile, Sen. Angus King, I-Maine, who caucuses with the Democrats, told Fox News Digital that the ‘question is can it be resolved without our involvement.’ He said he hopes Iran ‘will see the light and decide they don’t need to keep developing nuclear fuel.’

On the other side of the aisle, Sen. Ted Cruz, R-Texas, told Fox News Digital that he believes Trump ‘standing unshakably with the nation of Israel’ is the right move to prevent Iran from getting a nuclear weapon.

Israel is being incredibly effective with their military strike against Iran. They’ve taken out the senior military leadership, the leaders who would wage a war have been one after the other after the other surgically taken out by Israel. They are also taking out missile launch sites, and they’re taking out nuclear research sites, the sites where Iran is working to develop a nuclear weapon,’ Cruz explained.

‘Deterrence is always the key,’ said Sen. Markwayne Mullin, R-Ohio. ‘This president has been very clear he’s all about peace, and he doesn’t want to use the might of the United States unless we absolutely have to. I believe deterrence is the best foreign policy, because it shows peace through strength.’

That being said, Mullin said Trump has he’s been ‘very clear for over a decade: In no way are we going to allow the Iranian regime, who is the number one sponsor of terror around the world, to have a nuclear weapon.’

‘So, we need to be prepared to back up Israel if they’re not able to do the job, then we need to be able to finish it,’ he said.

Look, he has said this for 10 years. He has said Iran cannot have a nuclear weapon, full stop,’ said Sen. Katie Britt, R-Ala. ‘So, it is not just about [uranium] enrichment, which absolutely should have never happened and cannot happen, but it is also complete and total dismantlement of the nuclear program.’

This post appeared first on FOX NEWS

President Donald Trump announced on Friday he and Secretary of State Marco Rubio had secured a ‘wonderful’ treaty between Rwanda and Congo, as Pakistan formally nominated him for the 2026 Nobel Peace Prize.

‘I am very happy to report that I have arranged, along with Secretary of State Marco Rubio, a wonderful Treaty between the Democratic Republic of the Congo, and the Republic of Rwanda, in their War, which was known for violent bloodshed and death, more so even than most other Wars, and has gone on for decades,’ Trump wrote in a Truth Social announcement. 

The president noted representatives from Rwanda and the Congo will be in Washington on Monday to sign documents. 

He went on to discuss his chances at winning a Nobel Peace Prize, claiming he wouldn’t get one, ‘no matter what I do.’

‘This is a Great Day for Africa and, quite frankly, a Great Day for the World,’ Trump wrote in the post. ‘I won’t get a Nobel Peace Prize for this, I won’t get a Nobel Peace Prize for stopping the War between India and Pakistan, I won’t get a Nobel Peace Prize for stopping the War between Serbia and Kosovo, I won’t get a Nobel Peace Prize for keeping Peace between Egypt and Ethiopia (A massive Ethiopian built dam, stupidly financed by the United States of America, substantially reduces the water flowing into The Nile River), and I won’t get a Nobel Peace Prize for doing the Abraham Accords in the Middle East which, if all goes well, will be loaded to the brim with additional Countries signing on, and will unify the Middle East for the first time in ‘The Ages!’

‘No, I won’t get a Nobel Peace Prize no matter what I do, including Russia/Ukraine, and Israel/Iran, whatever those outcomes may be, but the people know, and that’s all that matters to me!’

On Wednesday, India refuted claims by Trump that he had stopped the war between Pakistan and India.

Indian Foreign Secretary Vikram Misri wrote in a news release that ‘talks for ceasing military action happened directly between India and Pakistan through existing military channels, and on the insistence of Pakistan,’ according to a report from Reuters.

Indian Prime Minister Narendra Modi reiterated India ‘has not accepted mediation in the past and will never do,’ Misri noted in the statement.

The mention of a Nobel Peace Prize came nearly two hours after the Government of Pakistan published a lengthy post on X, formally recommending Trump for the honor.

‘The Government of Pakistan has decided to formally recommend President Donald J. Trump for the 2026 Nobel Peace Prize, in recognition of his decisive diplomatic intervention and pivotal leadership during the recent India-Pakistan crisis,’ the post read. ‘The international community bore witness to unprovoked and unlawful Indian aggression, which constituted a grave violation of Pakistan’s sovereignty and territorial integrity, resulting in the tragic loss of innocent lives, including women, children, and the elderly.’

Pakistani leaders said at a moment of heightened regional turbulence, Trump demonstrated ‘great strategic foresight and stellar statesmanship’ through ‘robust diplomatic engagement’ with both Islamabad and New Delhi, securing a ceasefire.

‘This intervention stands as a testament to his role as a genuine peacemaker and his commitment to conflict resolution through dialogue,’ the post continued. ‘The Government of Pakistan also acknowledges and greatly admires President Trump’s sincere offers to help resolve the longstanding dispute of Jammu and Kashmir between India and Pakistan—an issue that lies at the heart of regional instability.

‘President Trump’s leadership during the 2025 Pakistan India crisis manifestly showcases the continuation of his legacy of pragmatic diplomacy and effective peace-building. Pakistan remains hopeful that his earnest efforts will continue to contribute towards regional and global stability, particularly in the context of ongoing crises in the Middle East, including the humanitarian tragedy unfolding in Gaza and the deteriorating escalation involving Iran.’

According to The Nobel Prize’s website, to be nominated for the Nobel Peace Prize, a person must be a ‘qualified nominator,’ which includes national governments, heads of state, previous award winners, and members of specific international organizations. 

The nomination process is confidential, and entries are due by Jan. 31, hence the 2026 nomination.

This post appeared first on FOX NEWS

Several provisions in the Senate GOP’s version of President Donald Trump’s ‘big, beautiful bill’ have run afoul of Senate rules and must be stripped if Republicans want to pass the package without the help of Democrats.

The bill is undergoing what’s called a ‘Byrd Bath,’ when the parliamentarian meticulously combs through each section of the mammoth bill to determine whether policies comport with the Senate’s Byrd Rule.

The point of the budget reconciliation process is to skirt the Senate filibuster and pass a massive, partisan legislative package. But if provisions are left in that fail the test, Senate Republicans will have to meet the typical 60-vote threshold. Provisions that don’t pass muster can still be appealed, however.

Senate Democrats vowed to use the Byrd Bath as a cudgel against the Senate GOP to inflict as much pain as possible and slow momentum as Republicans rush to put the colossal bill on Trump’s desk by July 4. 

Senate Majority Leader John Thune, R-S.D., could also overrule the parliamentarian but has remained adamant he would not attempt such a move. 

Senate Parliamentarian Elizabeth MacDonough scrutinized three chunks of the megabill from the Senate Banking, Environment and Public Works and Armed Services committees and found numerous policies that failed to meet the Byrd Rule’s requirements.

Among those was a provision that would have eliminated funding for a target of the GOP’s since its inception in 2008, the Consumer Financial Protection Bureau, which would have effectively eliminated the agency. Doing so also would have slashed $6.4 billion in spending.

Senate Banking Committee Chair Tim Scott, R-S.C., said in a statement he would ‘remain committed to cutting wasteful spending at the CFPB and will continue working with the Senate parliamentarian on the Committee’s provisions.’

Attempts to put guardrails on the $150 billion in Defense Department funding baked into the package also failed to pass muster. The language would have required that Pentagon officials outline how the money would be spent by a certain deadline or see the funding reduced.

Other provisions on the chopping block include language that cut $300 million from the Financial Research Fund and cut jobs and move the Public Company Accounting Oversight Board under the umbrella of the Securities and Exchange Commission, which would have saved roughly $773 million.

An attempt to change the pay schedule for Federal Reserve employees was also nixed, which would have saved about $1.4 billion.

Environmental standards and regulations set by the Biden-era Inflation Reduction Act were also determined to have run afoul of the Byrd Rule, including a repeal of tailpipe emissions standards for vehicles with a model year of 2027 and later. 

This post appeared first on FOX NEWS

Recent arrests of Chinese nationals at the University of Michigan have resurrected concerns about CCP-owned farmland and property in the United States, particularly in Michigan, and caused some to draw parallels with the current conflict between Iran and Israel. 

Earlier this month, two Chinese nationals were charged with allegedly smuggling a ‘dangerous biological pathogen’ into the U.S. to study at the University of Michigan in an incident that FBI Director Kash Patel described as a ‘sobering reminder that the Chinese Communist Party (CCP) continues to deploy operatives and researchers to infiltrate our institutions and target our food supply, an act that could cripple our economy and endanger American lives.’

Later, a third Chinese national with connections to the university was arrested, renewing questions about China’s efforts to infiltrate and influence various sectors in the United States, including buying up farmland, which has been a growing concern nationwide.

2023 report from the United States Department of Agriculture found that ‘foreign persons held an interest in nearly 45 million acres of U.S. agricultural land,’ which represents 3.5% of all privately held agricultural land and 2% of all land in the country.

While China is not at the top of the list of countries in that report, the arrests in Michigan have prompted calls from Congress to ensure that the CCP, viewed by many as the nation’s top geopolitical adversary, is not buying up farmland in the United States.

Republican Sen. Pete Ricketts exclusively told Fox News Digital this week that China has been aggressively buying American agriculture, ‘which is why we need to have a heightened sense of vigilance around protecting our homeland.’

Ricketts, along with Democratic Sen. John Fetterman, introduced the bipartisan Agricultural Foreign Investment Disclosure (AFIDA) Improvements Act that seeks to implement recommendations published by the Government Accountability Office in January 2024, which found the AFIDA was ill-equipped to combat foreign ownership of American agricultural land. 

‘China’s land purchases aren’t just about acreage—they’re about access,’ Michigan GOP Rep. John Moolenaar, chairman of the House Select Committee on the Strategic Competition Between the United States and the CCP, told Fox News Digital. 

‘Even small parcels near military bases or critical infrastructure pose serious national security risks. In my home state, we’ve seen concerning cases like Gotion’s site near Camp Grayling. We need full transparency into who’s buying land and where—because the Chinese Communist Party shouldn’t be allowed to hide behind shell companies to gain a foothold in our country.’

China’s encroachment into Michigan’s agriculture was enough of a concern for Republican state Rep. Gina Johnsen to introduce legislation earlier this year banning foreign adversaries from buying up farmland.

‘Our state’s agricultural industry is a pillar of our economy. My community is an agricultural community,’ Johnsen said. Our farms provide food security, jobs, and economic stability for countless residents. However, there is growing concern about losing our farmland to countries of concern.’ 

Additionally, Chinese farmland has become a topic of conversation in the wake of revelations that Israel’s attack on Iran’s nuclear capabilities was aided by years of covert planning, surveillance and infiltration by Israeli intelligence. 

Code-named ‘Am Kelavi’ (Rising Lion), the preemptive operation was the product of unprecedented coordination between the Israeli air force, the Military Intelligence Directorate, the Mossad and the country’s defense industries. For years, they worked ‘shoulder to shoulder’ to gather the intelligence files needed to eliminate Iran’s most sensitive military and nuclear assets.

As part of that operation, Israel was able to establish a drone base inside Iran, where Mossad operatives retrieved them from hiding spots to use against Iranian sites. 

Bryan Cunningham, president of Liberty Defense and former CIA intelligence officer, told Fox News Digital that the Israeli operation is a ‘wake-up call’ for the United States about what a foreign adversary like China could potentially carry out in the United States.

‘As an intelligence officer, part of me says, I wish that the sources and methods of building these drone factories inside the target countries hadn’t been revealed,’ Cunningham said. ‘But on the other hand, it does serve as a wake-up call, hopefully for our policymakers, and it also ties in, and if I were the administration, I would make this tie in immediately and loudly with the Trump administration’s border strategy.’

Cunningham continued, ‘Our borders are where you’re most likely to actually intercept these kinds of toxins, explosives, flares, 3D-printed weapons, ceramic weapons, whatever it is. So if it were me and I were the Secretary of Homeland Security, I would be tying this all together. You know, it is important to get people out of the country that have committed violent or other serious crimes in the country, but it’s also really important to prevent people like these guys from bringing in those kinds of materials.’

The FBI is increasing its surveillance of Iranian-backed operatives inside the United States as Trump weighs strikes, a senior law enforcement official told Fox News on Friday. 

Fox News Digital’s Deirdre Heavey, Lucas Tomlinson and Efrat Lachter contributed to this report.

This post appeared first on FOX NEWS

Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday.

Kuo said Apple’s folding phone could have a display made by Samsung Display, which is planning to produce as many as eight million foldable panels for the device next year. However, other components haven’t been finalized, including the device’s hinge, Kuo wrote. He expects it to have “premium pricing.”

Kuo is an analyst for TF International Securities, and focuses on the Asian electronics supply chain and often discusses Apple products before they’re launched.

He wrote in a post on social media site X that Apple’s plans for the foldable iPhone aren’t locked in yet and are subject to change. Apple did not respond to CNBC’s request for comment.

Apple’s iPhone makes up over half of Apple’s business and remains an incredibly profitable product, accounting for $201 billion in sales in the company’s fiscal 2024. But iPhone revenue peaked in 2022, and Apple is constantly looking for ways to attract new customers and convince its current customers to upgrade to more expensive devices.

Several of Apple’s rivals, including Huawei and Samsung, have been releasing folding smartphones since 2019.

The devices promise the screen size of a tablet in a format that can be stored in pants pockets. But folding phones still have hardware issues, including creases in the display where it is folded.

Folding phones also have yet to prove they drive significant demand after the novelty wears off.

Research firm TrendForce said last year that only 1.5% of all smartphones sold can fold. Counterpoint, another research firm tracking smartphone sales, said earlier this year that the folding market only grew about 3% in 2024 and is expected to shrink in 2025.

This post appeared first on NBC NEWS