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Friday, May 29, 2026 |
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Good Morning! On this day in 1953, Edmund Hillary of New Zealand and Sherpa Tenzing Norgay of Nepal became the first confirmed climbers to summit Mount Everest. Speaking of Everest, an American cancer survivor just summited the world's highest peak in under 10 hours, about an hour faster than the previous record. Hillary and Norgay needed weeks of preparation. Tyler Andrews did it before lunch. We have details below. Today’s sponsor, Mode Mobile, is giving everyday smartphone users the chance to turn their devices into income streams while offering early investors a pre-IPO opportunity backed by major growth and Shark Tank veteran Kevin Harrington. |
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 US-Iran Reach Tentative Deal to Reopen Strait
U.S. and Iranian negotiators have reached a draft deal to extend the ceasefire and reopen the Strait of Hormuz, pending final approval from President Trump. The 60-day agreement would unrestrict shipping through the strait, require Iran to remove all mines within 30 days, and lift U.S. sanctions on Iranian oil sales. Even as the draft was finalized, Iran fired a ballistic missile at Kuwait on Wednesday night that was intercepted, retaliating for U.S. strikes on Iranian drone facilities. |
US Postal Service Strikes $10B Deal with DHLThe cash-strapped U.S. Postal Service announced a $10 billion deal Thursday to handle "last-mile" delivery for Germany's DHL eCommerce, the biggest contract in the two organizations' 25-year relationship. DHL will handle pickup and sorting at its 19 American hubs, while USPS completes the final leg of deliveries to its network of 170 million addresses nationwide. The deal is a major win for USPS, which has warned it could run out of cash as early as 2027 after losing $9 billion in the last fiscal year. It comes just two months after Amazon, USPS's largest customer, slashed its package volume with the agency by 20% in a renegotiated contract. |
Ex-CIA Officer Caught with $40M Gold StashA former senior CIA officer is in federal jail after agents allegedly found 303 gold bars worth more than $40 million stashed in his Virginia home, along with $2 million in cash and 35 luxury watches. David Rush requested the gold and foreign currency from the government between November 2025 and March, claiming the funds were for unspecified "work-related expenses." The CIA reportedly handed it over. He's also accused of posing as a Navy Reserve captain and test pilot for years, even though his actual Navy job was as an information systems technician. The FBI says Rush faked college degrees from Clemson and Rensselaer Polytechnic, and pocketed $77,000 in fraudulent military leave by claiming active reserve duty he wasn't performing.
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The following stories are featured exclusively on The Flyover Podcast—a daily show that gives you the most important headlines in under 15 minutes. Clicking the links will take you directly to these stories: ➤ A new report urged the Space Force to send active-duty troops to the moon before China gets there first. (Hear Details) ➤ CBS News has overhauled 60 Minutes leadership, installing a replacement with no broadcast news background to run the iconic program. (Hear Episode) ➤ Italian prosecutors dealt a major blow to the Sicilian Mafia, seizing more than $232 million tied to a late mob boss's drug empire. (Listen Now)   
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➤ A federal judge declined to block President Trump's executive order tightening mail-in ballot rules, ruling it was too early to intervene because the order hasn't been carried out yet. (See Details) ➤ The Justice Department is investigating whether writer E. Jean Carroll committed perjury in her sexual abuse case against President Trump. Acting Attorney General Todd Blanche, who represented Trump on some of the litigation, has recused himself from the case. (More) ➤ Billionaire Democrat Tom Steyer has spent or booked more than $195 million in ads in the California governor's race, shattering records and outspending Xavier Becerra, his nearest rival, more than 20-to-1 ahead of the June 2 primary. (More) ➤ Former First Lady Jill Biden said in a new interview that she was "frightened" watching former President Biden's 2024 debate performance and thought, as it unfolded, that he was having a stroke. (More) Flying together with our sponsor ➤ California’s governor race is already heating up, and for the first time, people are putting real money behind their predictions. On Kalshi, users can trade on outcomes tied to major political races, economic events, sports, and more in a fully regulated prediction market. Whether you follow politics closely or just think the polls are wrong, Kalshi gives you a new way to engage with the news. See the latest California governor market here. |
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One Shark Missed Billions… Another Saw This Coming Imagine turning down Uber at a valuation of $10 million, only to watch it go public at over $80 billion. That’s exactly what happened to Mark Cuban… a 799,900% return, gone. But original Shark Tank investor Kevin Harrington built his career doing the opposite: spotting asymmetric opportunities before they go mainstream. Like Uber turned vehicles into income-generating assets, Mode Mobile is turning smartphones into income streams. They were named the No. 1 fastest-growing software company by Deloitte and have already helped their users earn and save over $1B. Kevin Harrington invested early. And at just $0.50/share, you can still get in before their potential IPO. But this window will not stay open for long. ⚠️ PRICE ALERT: share price moves today at 5 p.m. ET. Details here. |
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➤ NHL legend Claude Lemieux has died at 60, the league announced yesterday. The four-time Stanley Cup champion had carried the ceremonial torch onto the ice for the Montreal Canadiens just three days earlier. (More) ➤ The NCAA baseball tournament opens today with 64 teams playing across 16 regional sites. No. 1 seed UCLA, the tournament favorite, opens this afternoon against Saint Mary's. (See Schedule) ➤ Meanwhile, the Women's College World Series continues today in Oklahoma City with eight teams vying for the national title. (See Schedule) ➤ The attorneys general of New York and New Jersey subpoenaed FIFA this week over ticket pricing for the 2026 World Cup. World Cup ticket prices have risen an average of 34% across most matches since sales began in October. (More) ➤ Yesterday's Results: NBA | MLB | Soccer | NCAASB | WNBA | Golf |
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 Daily Market Report 05/28/2026
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NASDAQ
National Association of Securities Dealers Automated Quotations |
26,917.47 |
0.91%
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SPX
S&P 500 |
7,563.63 |
0.58%
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DJI
Dow Jones Industrial Average |
50,668.97 |
0.05%
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BTC
Bitcoin |
$73,563.38 |
-1.05%
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GOLD
Per Ounce |
$4,530.70 |
1.87%
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SILVER
Per Ounce |
$75.96 |
1.82%
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OIL
West Texas Intermediate Crude |
$88.69 |
0.01%
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SNOW
Snowflake, Inc. |
$239.20 |
+36.48%
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Bitcoin, gold, silver, and oil are traded 24 hours a day. ➤ Big Stock Move: Snowflake stock jumped more than 36% on Thursday after the software maker topped earnings estimates amid growing AI momentum. (More) ➤ The Fed's preferred inflation gauge showed core prices rising at a 3.3% annual rate in April, matching analysts' expectations, as policymakers weigh their next move. (More) ➤ Caesars Entertainment, owner of Caesars Palace casino in Las Vegas, is being acquired by a firm owned by Houston billionaire Tilman Fertitta in a $17.6 billion deal, including nearly $12 billion in debt, marking one of the biggest consolidations in the U.S. casino and hospitality business in years. (More) ➤ Anthropic surpassed OpenAI as the world's most valuable AI startup at a $965 billion valuation after raising $65 billion in a new funding round. (More) |
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| Flying together with our sponsor The Next Breakout Might Be in Your Pocket Everyone’s hunting for the next Unicorn. The type of “category disruptor” that grows fast and turns early believers into big winners. 59,000+ investors think that Mode Mobile could be one of those rare finds. Americans spend 4 ½ hours on their phones daily, and Mode Mobile is monetizing that screentime. With $1B+ earned by over 490M customers and 32,481% revenue growth, Mode’s EarnPhone is turning smartphones into income-generating assets. Their previous raises sold out, and the company is now offering pre-IPO shares at $0.50/share with up to 20% bonus, but only for a limited time. Their share price is set to move on 5/29. Being early is everything, and this window is still open. ⌛ Invest before 5 p.m. ET to secure shares at $0.50. |
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➤ Russian cosmonauts installed a new sun-watching telescope on the International Space Station during a six-hour spacewalk on Wednesday, designed to study strong solar flares through 2028. (See Spacewalk) ➤ The Great Pyramid has stood for 4,600 years through major earthquakes because it vibrates at a different frequency than the surrounding ground, according to new research that took readings from 37 sensors in and around the pyramid. (See Discovery) ➤ OpenAI's Sam Altman and Anthropic's Dario Amodei walked back their AI job apocalypse predictions, with Altman admitting he was "pretty wrong" about how fast white-collar jobs would disappear. (More) |
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| Friday Entertainment is brought to you by: 
➤ Organizers announced that Martina McBride, Flo Rida, Vanilla Ice, and Bret Michaels will headline the Great American State Fair, the massive National Mall celebration honoring America’s 250th birthday. (More) ➤ The final movie trailer for Steven Spielberg’s Disclosure Day racked up millions of views as the director’s latest UFO thriller readies for its June 12 theatrical release. (See Preview) ➤ AI company ElevenLabs acquired the digital rights to replicate comic book legend Stan Lee’s voice and likeness for films, commercials, audiobooks, and digital content alongside celebrities including Michael Caine, Matthew McConaughey, and Judy Garland. (More) Flying together with our sponsor ➤ Get your kids and grandkids ready for summer adventures with the Skechers Kids BOGO 50% Off Summer Sale. From playground fun to family vacations, Skechers offers lightweight comfort, colorful styles, and all-day support kids love to wear. Right now, you can stock up and save with buy one, get one 50% off deals on select kids’ shoes—perfect for growing feet and busy summer schedules. |
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➤ Tyler Andrews shattered Mount Everest's speed record Thursday, summiting in 9 hours and 55 minutes. The 36-year-old Massachusetts cancer survivor beat the 2003 record by more than an hour. (See Climber) ➤ Federal prosecutors charged a Google engineer who allegedly used internal company data to make more than $1.2 million on Polymarket, betting on which celebrities would top Google's most-searched list of 2025. (More) ➤ Bangladesh spared a buffalo named Donald Trump from Eid al-Adha sacrifice after the rare albino went viral for its blond tuft of hair. It's headed to the national zoo instead. (See Buffalo)
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 Daily Quote
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"How is it possible that AI became productive and useful only six months ago, and they were somehow laying people off two years ago because of AI? It doesn't make any sense." — Jensen Huang, Nvidia CEO, on executives blaming AI for layoffs |
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 Today's Trivia
What names did Mount Everest have before its current name? Show me the answer |
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| This is a paid advertisement for Mode Mobile Regulation A+ offering. Please read the offering circular at https://invest.modemobile.com/ Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur. The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period. Mode cumulative revenue includes full year revenue of businesses acquired in 2025. |
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