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Today’s Top Stories:

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Trump Announces 20% Strait of Hormuz Cargo Toll as U.S. Restarts Iran Blockade

President Donald Trump announced a proposed 20% fee on cargo passing through the Strait of Hormuz while reimposing a blockade of Iranian ports. Oil prices jumped, stocks fell, and questions remain about how the policy would work.

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Disney Stock Could Surge 40% if It Makes One Major Change

Analyst argues Disney's most valuable asset isn't Disney+, it's the company's unmatched library of intellectual property

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Meta Pulls AI Image Feature Days After Launch Following Privacy Backlash

Meta has removed a controversial AI image generation feature just days after launch following criticism over its use of public Instagram accounts, raising new questions about privacy, consent, and the future of AI-generated content.

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The Next Nvidia Is Probably Still Private.

By the time many of the world's biggest technology companies reach the public markets, much of their explosive growth has already happened.

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Disclaimer: *The Powerlaw 15 refers to a high-conviction portfolio typically composed of approximately 15 investments; holdings may change over time, as described in the Fund’s registration statement.

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