Everyone other than Donald Trump is convinced that renewable, clean energy is the way of the future. But Royal Dutch Shell CEO Ben van Beurden still managed to surprise the world by predicting that the change would happen by the late 2020’s. So what exactly does this mean for oil? Should investors start dumping it? Not exactly, but that idea isn’t wrong either .
Read The Capitalist’s Take Here
Read More at Bloomberg Here
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JOINT CHIEFS OF STAFF FIRE BACK AT TRUMP; NOT SO FAST ON TRANSGENDER MILITARY BAN
The Department of Defense declared Thursday there will be “no modifications to the current policy” on transgender service members for now, a day after President Trump issued a surprise three-tweet directive banning those troops from the military.
In a memo to service chiefs and commanders, Chairman of the Joint Chiefs of Staff Gen. Joseph Dunford, Jr. declared no changes to the policy until “the President’s direction has been received by the Secretary of Defense and the Secretary has issued implementation guidance” — which has not yet happened.
Read More at FOX News Here
Read More at Politico Here
Read More at Vox Here
JEFF BEZOS OVERTAKES BILL GATES AS RICHEST MAN IN THE WORLD …. FOR HALF A DAY
For half a day, Jeff Bezos was the richest man in the world, then the bottom fell out from under Amazon.com Inc.’s stock. Easy come, easy go. Shares of the e-commerce giant AMZN, -2.15% that Bezos founded surged as much as 2.9% to an all-time intraday high of $1,083.31, propelling Bezos’s worth past Microsoft’s Bill Gates become the world’s richest person, according to both the Bloomberg Billionaires Index and Forbes’s real-time ranking of the world’s billionaires. That rally gave Bezos a net worth approaching $91 billion, versus a little over $90 billion for Gates, according to Forbes.
Read More at MarketWatch Here
Read More at CNBC Here
Read More at NY Times Here
Closing Bell
– Thursday, July 27th
Markets See Mixed Close After Tech and Financials Slip Down
Big Insider Trades
– Alarm.com Holdings, Inc. (ALRM) CPO Daniel Kerzner Sells $685k
– Opko Health, Inc. (OPK) CEO Phillip Frost Buys $250k
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