Senators urge Hegseth, Rubio to release funding for Baltic Security Initiative





Fox News' "Antisemitism Exposed" newsletter brings you stories on the rising anti-Jewish prejudice across the U.S. and the world.
IN TODAYâS NEWSLETTER:
- French synagogues canceled prayers, Jews warned to hide amid riots
- Hasan Piker thinks it's fine to call Jews âinbredâ and âZionist pigsâ
- Macklemore's 'Free Palestine' tour funding anti-Israel org who cheered Oct 7
TOP STORY: Raging French riots have spiraled into absolute terror. Synagogues canceled Sabbath prayers, while terrified Jewish citizens were warned to conceal skullcaps and flee home. Violent mobs carrying Palestinian flags clashed with police, looted hundreds of stores, and flooded social media with over 1,300 hateful anti-Semitic posts. Over 2,400 rioters were arrested as fear grips the nation.
VIDEO: Israeli Prime Minister Benjamin Netanyahu defends his nation against those who say Israelis live on stolen land on âLife, Liberty & Levin.' WATCH HERE:
SPEWING HATE: Twitch streamer Hasan Piker ignited fierce backlash after defending his use of vile slurs, including "inbred" and "Zionist pig," against political opponents. Speaking to NPR, Piker brushed off the toxic attacks, claiming they weren't meant literally and blustered that criticism against him stems from anti-Muslim bias. The Israeli-American Council forcefully condemned his rhetoric as dangerous, dehumanizing hate speech.
CASH FOR TERROR: Rapper Macklemore launched a solo "Free Palestine" tour after getting booted from Ed Sheeran's lineup over anti-Israel antics. But outrage erupted as tour proceeds are set to fund the radical Palestinian Youth Movementâa extreme group that openly cheered Hamas's brutal October 7 massacre. Outraged Jewish groups are now demanding organizers answer for bankrolling violent extremists.
JUSTICE DENIED: A grieving relative of Shiri Bibas and her two toddlersâbrutally murdered after being dragged into Gaza on Oct. 7âis taking his fight straight to the International Criminal Court. The familyâs legal team filed complaints targeting Iranian officials who bankrolled Hamas, slamming the ICC for double standards and demanding arrest warrants for the regime bosses backing the atrocity.
CAMPUS CLAMPDOWN: The Trump administration made University of North Carolina knuckle under. To kill off 18 federal probes into alleged campus antisemitism and race-based admissions, the university agreed to ban protest face masks, enforce mandatory antisemitism training, and adopt strictly color-blind admissions. UNC avoided paying cash or admitting guilt, but must comply with strict federal oversight through 2028 to keep its funding.
GUEST EDITORIAL: Former New York Post editor David Christopher Kaufman argues that Barack Obama and Kamala Harris are out of touch for pushing anti-Israel rhetoric to court Black voters. He contends that African Americans prioritize domestic issues like crime and unemployment over Gaza, dismissing claims of shared Black-Palestinian struggles as a myth and pointing to polling that shows solid Black support for Israel.
QUOTE OF THE WEEK: "The Jewish people know what happens when hatred becomes acceptable. Throughout history, pogroms and persecution were fueled by lies that portrayed Jews as less than human. The Holocaust showed the world where the systematic dehumanization of Jews can lead." - The Israeli-American Council, condemning Hasan Piker's anti-Semitic comments.
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Some pairings feel inevitable. "Friends" had Ross and Rachel. "The Office" had Jim and Pam. Elon Musk has SpaceX and Tesla.
But a deal between Musk's two giant companies could end up looking more like Frankenstein's monster than a Hollywood love story. And investors might struggle to understand and value it.
The SpaceX-Tesla tie-up isn't a shoo-in, but both sides are officially considering it. That raises questions about what's gained from a merger.
Combining the companies turns Musk's two jobs into one. Their somewhat overlapping AI plans could create significant efficiencies in areas like compute and talent. Joe Ciolli, author of the First Trade newsletter, broke down the pros and cons for SpaceX and Tesla investors.
These companies have A LOT under their hoods, though. Here are just some of the businesses or long-term bets that SpaceX and Tesla are pursuing:
And don't forget Musk's grandest ambition: colonizing Mars.
A conglomerate with such a diverse set of businesses can become a headache to value.
Let's start simple: How would you describe a SpaceX-Tesla entity?
A space company? An AI company? A robotics company? Saying it's "a little bit of everything" might not sit well with investors.
When a company plays in a bunch of industries, the market doesn't always give it the benefit of the doubt. There's a term for this phenomenon: conglomerate discount.
It means a company's stock is valued lower than the sum of its individual parts. Some investors fear the company will be too complex to manage, or too expensive to run. Others worry its combined financials will make it hard to understand its true health, or stronger parts of the business will subsidize weaker ones.
A widely cited 1995 paper on the topic found the discount to be between 13% and 15% among a sample of diversified companies from 1986 to 1991.
Some academics and economists have argued the conglomerate discount is a relic of the past. A 2024 McKinsey report said the discount wasn't necessarily automatic. Instead, heavily diversified companies often had weak performance or lacked financial transparency, which made it harder to assess their true value.
Either way, these types of companies require investors with a broad appetite. (Or a tough stomach.)
Imagine you're excited about Starlink's potential, but not as keen on humanoid robots. Expensive robotics projects could suck up the budget you were hoping would go to Starlink. Or the money generated by Starlink could subsidize the losses accrued in an underperforming division.
It's why giant, sprawling companies are often less appetizing than a pure-play stock.
Ultimately, a deal is often about selling a vision to investors. And there's arguably no one better at doing that than Elon Musk.
Now he just needs to prove SpaceX and Tesla were always meant to be together.


