💼 Anduril Valued at $90 Billion in Employee Tender Offer
Defense tech startup Anduril Industries is set to be valued at $90 billion through an employee tender offer, according to reporting on the deal.
The company has emerged as a major beneficiary of the U.S. defense technology boom and President Donald Trump's push to reindustrialize the American military, positioning it among the most valuable private defense firms in the country.
The tender offer would allow employees to sell existing shares, a common mechanism for high-value private startups to provide liquidity without a public listing.
U.S. consumer prices came in hotter than expected, leaving the Federal Reserve with little room to maneuver on interest rates.
The bond market responded sharply to the report, with rising yields reflecting investor concern that inflation remains sticky. The data complicates the Fed's path forward, as higher rates risk slowing the economy while cutting too soon could reignite price pressures.
The CPI report reinforces expectations that the Fed faces a prolonged period of difficult policy choices with no clear exit.
If Crypto is your payment rail, DuckyLuck has a serious stack of perks waiting:
💰 600% Crypto Welcome Bonus — up to $3,000 across your first 3 deposits
🎁 30 FREE SPINS on registration
🎰 150 FREE SPINS
💎 10% DAILY CASHBACK on Crypto deposits
⚡️ 3% REBATE with every Crypto deposit
And when you’re moving Crypto, you get access to rapid payouts and lower Crypto fees too.
More perks. More Crypto benefits. More ways to play.
🪙 Deposit with Crypto.
🎰 Play your games.
💎 Collect your rewards.
🗳 Obama Campaigns for Ohio Democrats in Cleveland Oct. 24
Former President Barack Obama will travel to Cleveland on October 24 to campaign alongside Ohio Senate candidate Sherrod Brown and gubernatorial candidate Amy Acton, both Democrats.
The visit is part of Obama's broader pre-election outreach effort ahead of Election Day.
⚖️ FTC Seeks Contempt Order Against "Pharma Bro" Shkreli
The FTC and seven state attorneys general have asked a federal judge to hold Martin Shkreli in contempt, alleging he has "flagrantly and repeatedly" violated his lifetime ban from the pharmaceutical industry since his 2022 prison release.
In a 37-page filing, regulators say Shkreli traded pharma stocks — including Pfizer and Moderna — through an account with a $10 million starting balance, and publicly broadcast industry opinions via YouTube, X, and Reddit. A July trading challenge is cited as direct evidence. The filing calls the documented trades "likely just the tip of the iceberg," quoting Shkreli from a livestream suggesting he conceals additional accounts from federal scrutiny.
Regulators are seeking a fine equal to profits from banned trades and "clear and escalating consequences" for future violations. Shkreli, convicted of securities fraud in 2017, served over four years in prison and was ordered to pay a $64.6 million penalty.
🗳 Trump Warns He Could Be "Last Republican President"
President Trump declared at a Monday political rally that he would "be the last Republican president" if Democrats win control of Congress and the White House in the next two elections.
"I will be the last Republican president because they will add about twelve more electoral votes," Trump said, referencing what he described as Democratic efforts to expand the electoral map.
The remarks came during a campaign-style address, with Trump warning that structural electoral changes could make future Republican victories impossible.