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Wednesday, May 27, 2026
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Good Morning! On this day in 1941, British warships found and sank the mighty Bismarck, the pride of Adolf Hitler’s navy. Johnny Horton’s Sink the Bismarck, commemorating the event, became a hit song in 1960. (See Video)
Today, we’re reporting on Ferrari’s first all-electric car, designed by the guy behind the iPhone, with a $640,000 price tag and an external speaker that fakes a roaring engine. Critics aren’t impressed. See the reveal below, and don’t forget to let us know what you think by replying to this email.
Later today, you’ll receive a message from our sponsor, RAD Intel, about a current investment opportunity at $0.95/share and the AI platform it’s building to help major brands improve ad performance.
Today’s sponsor, Fisher Investments, is helping you plan your ideal retirement with a free guide that aligns your goals, timeline, and investment strategy for lasting financial confidence.
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Iran Threatens US Over New Strikes
U.S. forces carried out strikes in southern Iran on Monday, hitting missile launch sites and Iranian boats accused of laying mines in the Strait of Hormuz. Iran called the strikes a clear violation of the seven-week ceasefire and threatened retaliation.
Iran’s Supreme Leader, Mojtaba Khamenei, said American military bases in the Middle East are no longer safe, in a message marking the start of the Hajj, the annual Muslim pilgrimage to Mecca.
Despite the tensions, Secretary of State Marco Rubio said it could take “a few more days” to finalize a deal, as negotiators continue to work through specific language.
President Trump convenes a rare Camp David Cabinet meeting today to discuss next steps in the Iran talks.
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Trump’s Redistricting Push Stalls in Two States
President Trump’s effort to redraw congressional districts hit two setbacks Tuesday after South Carolina’s Senate rejected a Republican plan to oust longtime Rep. Jim Clyburn, D-S.C.
Also, on Tuesday, a federal court blocked Alabama from using a state-drawn map for the midterms, ruling it relied too heavily on race by including only one majority-black district.
Alabama Attorney General Steve Marshall said he’d appeal the ruling to the Supreme Court, where a recent decision made it harder to challenge congressional maps as racially discriminatory.
Both parties are racing to redraw districts ahead of November, with Democrats picking up new seats from California and Utah and Republicans gaining ground in Texas, Florida, and several other states.
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Ferrari’s First EV Falls Flat with Fans
Ferrari shares tumbled more than 5% Tuesday after the Italian sports car maker unveiled the Luce, its first all-electric vehicle and a sharp departure from its signature design language.
The five-seater, designed by former Apple designer Jony Ive, hits 60 mph in 2.5 seconds and features an external speaker system that amplifies the hum of the electric engine to give it more of a Ferrari-style roar. Watch the reveal here.
Critics on social media called the design a “monstrosity” and compared it to a Nissan Leaf, which starts at around $30,000.
Rivals Lamborghini and Porsche have scaled back EV plans due to weak demand for high-end electric cars.
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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 federal judge has set a trial date for former FBI Director James Comey over an Instagram post. (Hear Details)
➤ The Class of 2026 is the first AI-native group entering the workforce, and employers are still figuring out what to do with them. (Hear Episode)
➤ A lawyer in China was executed for poisoning the billionaire gaming tycoon behind the studio that brought 3 Body Problem to Netflix. (Listen Now)

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➤ Texas Attorney General Ken Paxton defeated longtime Sen. John Cornyn, R-Texas, in Tuesday’s Republican Senate primary runoff after a last-minute endorsement from President Trump. Paxton will face Democrat James Talarico in November. (More)
➤ The Supreme Court threw out Florida’s lawsuit against California and Washington for issuing commercial driver’s licenses to illegal immigrants, a case stemming from a 2025 crash that killed three people. (More)
➤ President Trump declared that his physical at Walter Reed “checked out PERFECTLY” in a Truth Social post Tuesday, his fourth publicly disclosed medical exam since returning to office. (See Post)
➤ Dan Greaney, the Simpsons writer known as “The Prophet” for the 2000 episode that imagined a Trump presidency, announced a long-shot 2028 White House bid as a “progressive Republican.” (More)
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➤ Former Miami Dolphins defensive lineman Manny Fernandez died yesterday at 79. He was a two-time Super Bowl champion and a cornerstone of the famed No-Name Defense that went undefeated in 1972. (More)
➤ The U.S. officially unveiled its 26-player World Cup roster yesterday in New York, and half of the squad is tournament first-timers. (See Roster)
➤ Milwaukee Brewers pitcher Jacob Misiorowski threw 57 pitches of at least 100 mph against the Cardinals, the most in a single game since pitch tracking began in 2008. The previous record was 47. (More)
➤ The NCAA baseball tournament bracket is set, with UCLA earning the No. 1 overall seed. Georgia Tech, Georgia, Auburn, North Carolina, Texas, Alabama, and Florida round out the top eight seeds. (More)
➤ Yesterday’s Results: NBA | NHL | MLB | Soccer
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Daily Market Report 05/26/2026
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NASDAQ National Association of Securities Dealers Automated Quotations |
26,656.18 |
1.19%
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SPX S&P 500 |
7,519.34 |
0.61%
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DJI Dow Jones Industrial Average |
50,461.68 |
-0.23%
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BTC Bitcoin |
$75,929.87 |
-1.75%
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GOLD Per Ounce |
$4,507.10 |
-0.31%
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SILVER Per Ounce |
$77.31 |
1.87%
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OIL West Texas Intermediate Crude |
$93.68 |
-3.02%
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MU Micron Technology Inc. |
$895.88 |
+19.29%
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Bitcoin, gold, silver, and oil are traded 24 hours a day.
➤ Big Stock Move: Micron topped a $1 trillion market value for the first time on Tuesday as its stock rose more than 19%, driven by demand for its memory chips. (More)
➤ Eli Lilly agreed to buy three vaccine developers, Curevo, LimmaTech Biologics, and Vaccine Company, for up to $3.8 billion combined, marking the drugmaker’s return to infectious disease as it deploys cash from its booming GLP-1 business. (More)
➤ BP ousted its chairman, Albert Manifold, over what the board called serious concerns about governance standards and conduct, less than a year after he took the job. Shares fell 6% on the news. (More)
➤ American Airlines will install SpaceX’s Starlink on more than 500 narrow-body planes, joining United and Southwest among the major U.S. carriers offering the satellite Wi-Fi service. More
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➤ The $100 Billion IPO Everyone Is Watching. Elon Musk’s Starlink project could become one of the biggest IPOs in history, and investor James Altucher says there may still be a way for regular investors to position early for less than $100. He’s even revealing the free ticker behind his top pick. (More)
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➤ Iranian hackers were responsible for the March cyberattack on Los Angeles’ transit system, stealing at least 700 gigabytes of files, according to a Tel Aviv-based cybersecurity firm that traced the breach to a known Tehran operation. (See Report)
➤ A new species of tiny blue octopus has been discovered nearly 6,000 feet below the ocean near the Galapagos Islands, small enough to curl up in the palm of a hand. (See Octopus)
➤ Satellites can now detect animal panic from space, giving scientists a new way to spot poachers in vast African wildlife reserves before rangers can reach them. (See Story)
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Wisdom Wednesday is brought to you by:

➤ Researchers warn that AI can make mental tasks too easy, which may quietly erode learning, motivation, and the sense of meaning people get from their work. (See Commentary)
➤ One specific outdoor setting may ease loneliness more effectively than group activities, according to a new Norwegian study of more than 2,500 people that flips conventional advice on its head. (See Setting)
➤ Six questions, yes or no, can reveal whether someone is truly your soulmate, and the answers should come without hesitation. (See Questions)
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➤ Health Secretary Robert F. Kennedy Jr. grabbed two black racer snakes with his bare hands at Medicare and Medicaid chief Mehmet Oz’s beachfront home. His wife, actress Cheryl Hines, can be heard asking him to let them go. (See Video)
➤ Mister Rogers is returning to mailboxes. His 2018 Forever Stamp won a nationwide Postal Service encore contest with more than half a million votes and goes back on sale June 1. (See Stamps)
➤ Starbucks Korea apologized after promoting “tank tumbler” cups as “Tank Day” on the anniversary of the 1980 Gwangju uprising, when soldiers crushed hundreds of pro-democracy protesters. Starbucks blamed AI-assisted planning, and police are investigating whether employees intentionally mocked the massacre. (See Details)
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➤ Why Your Multivitamin May Be a Waste of Money. Johns Hopkins found that multivitamins didn’t reduce the risk of heart issues or mental decline. Meanwhile, a Nobel Prize-winning superfood packs 1,108% daily B12, more iron than steak, and more vitamin A than kale—from a single grass-fed whole food source. Learn More
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Daily Quote
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“There’s nothing like spending the day looking at something no other human has ever seen.”
— Stephanie Smith, Field Museum X-ray lab head, on the discovery of a new species of blue octopus near the Galapagos Islands
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