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MSNBC is Now Blaming Charlie Kirk for His Own Shooting
Video Shows Suspect Arrested After Charlie Kirk Shooting
Larry Ellison Topples Elon Musk To Become World’s Richest Man After Oracle Stock Surges
Larry Ellison has overtaken Elon Musk as the wealthiest individual on the planet for the very first time after Oracle’s stock skyrocketed by 40% on Wednesday.
A staggering single-day windfall of $101 billion pushed Ellison’s net worth to $393 billion, surpassing Musk’s $385 billion, according to the Bloomberg Billionaires Index.
Ellison, 81, who helped establish Oracle and continues to serve as its chairman, controls around 1.16 billion shares of the company. That holding just delivered the largest one-day gain ever recorded by an individual.
Oracle’s surge came on the back of bold forecasts projecting that the company could eventually generate $500 billion from its rapidly growing AI operations, marking its best market performance since 1999.
In its latest quarterly update, Oracle revealed it had finalized four multibillion-dollar deals with three customers, CEO Safra Catz said in Tuesday’s earnings announcement.
“We have signed significant cloud contracts with the who’s who of AI, including OpenAI, xAI, Meta and many others,” Catz told analysts on a call following the report.
These new contracts catapulted Oracle’s Remaining Performance Obligations — essentially future contracted revenue — up by 359% to $455 billion.
The bulk of that surge stems from OpenAI, which has committed to a massive agreement worth $300 billion for computing resources spread across roughly five years, the Wall Street Journal reported.
Catz added that Oracle expects to finalize more massive cloud deals soon, pushing its RPO beyond $500 billion.
The company’s cloud dominance comes from its aggressive purchase of Nvidia’s AI chips, which it rents out to major firms such as Amazon and Google through its cloud division.
Oracle projects that its cloud revenue will soar to $144 billion by fiscal 2030, a dramatic rise from less than $20 billion projected for the current fiscal year.
“We expect Oracle Cloud Infrastructure revenue to grow 77% to $18 billion this fiscal year – and then increase to $32 billion, $73 billion, $114 billion, and $144 billion over the subsequent four years,” Catz said Tuesday.
Like many peers in the tech world, Oracle has poured billions into artificial intelligence initiatives. At the same time, it has sought to reduce expenses by laying off employees and weighing cuts to raises and bonuses this year.
Despite narrowly missing Wall Street’s earnings expectations, Oracle’s stock surged ahead.
For the first quarter, revenue came in at $14.9 billion, just shy of forecasts for $15 billion, while adjusted earnings of $1.47 per share missed the $1.48 consensus estimate.
The company also said it now anticipates capital expenditures to climb to around $35 billion in 2026, up from earlier projections of about $25 billion.
Back in June, Oracle announced a blockbuster deal expected to generate over $30 billion annually beginning in its 2028 fiscal year. Media outlets identified the client as OpenAI.
Ellison’s company is also a participant in Stargate, a $500 billion AI infrastructure project involving OpenAI and SoftBank that President Trump highlighted at the White House in January.
According to the Wall Street Journal, Stargate — designed to supercharge AI data center construction in the United States — has recently slowed near-term expansion plans as partners have encountered obstacles in securing agreements.
{Matzav.com}
Latest Statement From Utah Valley University
Utah Valley University Issues Statement on Charlie Kirk Shooting
CAMPUS NIGHTMARE: Trump Ally Charlie Kirk Shot During Event at Utah University
[See updated story HERE.] [Graphic video below.] Charlie Kirk, a prominent conservative figure, close Trump ally, and head of Turning Point USA (TPUSA), was shot on Wednesday while appearing at an event in Utah.
Clips shared across social media showed Kirk being hit while addressing attendees under a tent in the courtyard of Utah Valley University. The event was part of The American Comeback Tour organized by the school’s TPUSA chapter. Other videos captured students scrambling for safety as the sound of gunfire echoed through campus.
TPUSA confirmed to Fox News that Kirk had been struck by gunfire, though details of his condition were not immediately available.
Senator Mike Lee of Utah quickly posted on X after the incident, writing that he is “tracking the situation at Utah Valley University closely. Please join me in praying for Charlie Kirk and the students gathered there.”
Another Utah senator, Ashley Moody, also commented online, noting, “my office is monitoring the situation at Utah Valley University. I pray for Charlie Kirk, the students, and this nation.”
Officials from Utah Valley University’s police department confirmed to the Guardian that shots had indeed been fired on the grounds of the school.
President Trump addressed the shooting on his social media site, Truth Social.
“We must all pray for Charlie Kirk, who has been shot,” Trump wrote. “A great guy from top to bottom. GOD BLESS HIM!”
Vice President JD Vance wrote on social media: “Say a prayer for Charlie Kirk, a genuinely good guy and a young father.” Defense Secretary Pete Hegseth added his support, saying, “Prayers for Charlie Kirk. An incredible Christian, American, and human being. May the healing hand of Jesus Christ be upon him.”
FBI Director Kash Patel said the bureau is “closely monitoring reports of the tragic shooting involving Charlie Kirk at Utah Valley University … Agents will be on the scene quickly and the FBI stands in full support of the ongoing response and investigation.”
California Governor Gavin Newsom also denounced the attack, calling it “disgusting, vile, and reprehensible. In the United States of America, we must reject political violence in EVERY form.”
Just prior to the gunfire, Kirk himself had shared a message on X, posting: “WE. ARE. SO. BACK. Utah Valley University is FIRED UP and READY for the first stop back on the American Comeback Tour.”
GRAPHIC VIDEO: The moment Charlie Kirk was shot:
{Matzav.com}
Trump Appeals Ruling Blocking Firing of Fed Governor Lisa Cook
Lyme Disease Battle Being Complicated by Bogus Tests and Unapproved Therapies
Judges Deny Lakewood Parents’ Challenge of NJ School Funding Formula
A New Jersey appeals court has dismissed a constitutional challenge to the state’s school funding system, ruling this week that Lakewood’s public schools are not failing because of the formula itself, but due to other problems within the district.
The three-judge panel concluded that financial missteps, a reluctance to increase taxes, and disproportionately high spending on busing and special education for more than 50,000 private school students—who are not factored into the formula—were the real reasons public school students were not receiving the “thorough and efficient” education guaranteed by the state constitution.
“Petitioners, in effect, ask us to declare the [funding formula] unconstitutional because it doesn’t yield enough state aid to cover the shortfalls caused by Lakewood’s budget and spending choices, particularly in the areas of transportation and special education,” the judges wrote. “These choices, the record shows, have drained resources away from Lakewood’s public school students.”
This ruling is the latest chapter in a legal battle that has stretched more than a decade, testing whether Lakewood’s children are receiving adequate education under the state constitution. The township, one of New Jersey’s fastest growing communities with a large Orthodox Jewish population, has most of its children enrolled in private religious schools rather than the public system.
Arthur Lang, an attorney for the parents and a former teacher in Lakewood’s public schools, said the court was wrong and that the case would be appealed to the New Jersey Supreme Court.
“You can’t provide mandated services such as transportation and special education for 50,000 kids on a budget designed for 5,000 kids,” Lang argued. “There is no way in the world that mismanagement can be the reason for the hundreds of millions of dollars of debt.”
Another lawyer for the plaintiffs, Paul Tractenberg, faulted the ruling for appearing to “accept uncritically” the state’s arguments while shifting blame for funding gaps away from Trenton and onto Lakewood’s school district.
Although Lakewood is New Jersey’s fifth most populous municipality and had a property tax base of over $11.2 billion in 2024, state data show 445 school districts levied higher tax rates. Lakewood’s school property tax rate of 1.032% was well below the statewide average of 1.376%.
The proposed 2025-26 school budget includes borrowing more than $100 million from the state, on top of a $144.2 million loan the year before and $50 million the year before that. Total spending for the coming year is projected at about $413.4 million.
As of October 2024, fewer than 5,000 students were enrolled in the public schools, including 1,072 in full-time special education programs. At the same time, more than 50,000 students attended private schools in Lakewood, with over 10,000 of them residing in nearby towns.
By law, New Jersey districts must provide transportation for students who live beyond 2 miles from elementary schools or 2.5 miles from high schools. Federal law also obligates districts to supply special education services for both public and private school students.
Lakewood is set to receive $17.9 million in state transportation aid for the 2025-26 year, but expects to spend more than $48 million. In certain years, over half of the district’s entire budget has gone toward transportation and special education—costs that usually account for a much smaller portion in other districts.
Lang rejected claims that higher local taxes would close the gap.
“Even if they taxed to the maximum based on the wealth, it’s still not enough money,” he said.
The litigation began in 2014, when parents of public school students challenged the adequacy of Lakewood’s school aid award, claiming the formula itself prevented the delivery of the constitutionally required level of education.
In 2021, an administrative law judge ruled that while Lakewood students were indeed being denied a thorough and efficient education, the funding formula was not the primary cause.
A final ruling by Education Commissioner Angelica Allen-McMillan in 2024 echoed that reasoning, blaming low taxes, mismanagement, and massive costs for transportation and special education as the leading factors in Lakewood’s financial distress.
“The causes are well-documented, and quite frankly, hard to miss,” the appeals judges wrote. “The consistent pattern of neglect and misfeasance by various elected and appointed Lakewood school leaders with respect to critical governance, finance, curriculum, transportation, and special education recommendations made by respondents over the years lends an aura of deliberate indifference to these proceedings.”
{Matzav.com}
REPORT: Senior Hamas Officials Wounded in Israeli Strike on Doha Headquarters, Including One In Critical Condition
International Troops Conduct Military Free Fall Over Pyramids During BRIGHT STAR 25
Netanyahu Warns Qatar: Expel Hamas Leaders or Face Further Israeli Action [VIDEO]
Arab Media Mock Iran’s Foreign Minister: “Everywhere He Goes, Bad Luck Follows”
After Israel’s dramatic strike in Qatar that killed senior Hamas leaders, Arab social media accounts belonging to Iranian regime opponents erupted with ridicule toward Iranian Foreign Minister Abbas Araghchi, branding him the country’s “national jinx.” Critics claim that a string of major upheavals has followed soon after his diplomatic visits.
Just last Thursday, Hamas reported that a delegation of its senior officials, led by Khalil al-Hayya, met with Araghchi and his entourage in Doha. Also present from Hamas were Mousa Abu Marzouk, Suhail al-Hindi, and Taher al-Nounou. According to Hamas, the meeting “reviewed the political developments and the latest events of the ongoing aggression in Gaza,” and addressed “the dangers threatening the Palestinian cause, including attempts to eliminate it, annex the West Bank, and divide the Al-Aqsa Mosque.”
Commentators on Arab networks pointed out that this was only the latest in a pattern. In December 2024, barely two months after Araghchi’s visit to Damascus, the Assad regime collapsed. “Connected to the visit? Who knows,” mocked users online.
Similarly, in October 2024 Araghchi joined several foreign ministers in a meeting with Turkish President Recep Tayyip Erdoğan. Just days later, massive protests broke out across Turkey. Notably, reporters mentioned that during the gathering, Araghchi was seated far from Erdoğan — yet the supposed “bad luck” still stuck.
On May 24 of this year, the Iranian diplomat met with Pope Francis in Rome. Less than a month later, the Pope passed away. Again, critics asked rhetorically: “Coincidence? Who knows.”
And now, following his meeting in Doha with Hamas leaders — the outcome was Israel’s strike, eliminating key figures of the terror group. On Arab social media, the mocking refrain was clear: wherever Araghchi goes, misfortune soon follows.
{Matzav.com}
3 Fired FBI Officials Sue Patel, Saying He Bowed To Trump Administration’s ‘Campaign Of Retribution’
Gerrer Chassid in a Top Role: El Al Names New CEO of Frequent Flyer Club
El Al Airlines announced the appointment of Moshe Morgenstern, a Gerrer chassid with over two decades of leadership experience in finance and insurance, as the new CEO of its Frequent Flyer Club.
Morgenstern, the brother of Housing Ministry Director-General Yehuda Morgenstern, has held multiple senior positions over the years. He previously served as Deputy CEO of Migdal Insurance and Finance, where he also headed the Technologies and Services Division, and as Deputy CEO of Menorah Mivtachim, overseeing Information Systems, Technology, and Life Insurance.
Throughout his career, Morgenstern has spearheaded major strategic initiatives, advanced digital innovation, and led projects in the field of artificial intelligence.
El Al’s Chairman of the Board, Amikam Ben Zvi, welcomed the appointment, stating: “Moadon HaNose’a HaMamid is one of El Al’s most important growth assets. The appointment of Moshe Morgenstern reflects the importance we place on the club and our commitment to further strengthen its activities and the Fly Card, in order to provide advanced value to our customers. I am confident that his vast experience and proven management skills over the years will lead the club to new heights.”
{Matzav.com Israel}
FDNY Responds to Working Structure Fire in Jamaica, Queens
Footage Shows Russian Suicide Drone Shot Down Over Cześniki, Poland
Additional Footage of The “Block Everything” Protests in France
IDF to Intensify Gaza Strikes Ahead of Major Ground Offensive
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