Good morning. It's Tuesday, March 3, and we're covering the ongoing US-Israeli military campaign in Iran, Texas primaries, and much more. First time reading? Join over 4.7 million insatiably curious readers. Sign up here.
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Middle East Conflict Widens |
President Donald Trump said yesterday the US' war with Iran is expected to continue for four to five weeks and could extend past that point if needed. The statement came as Iran continued to launch retaliatory attacks, including in Israel, and countries hosting US bases like Qatar, Bahrain, and the UAE.
Trump outlined four objectives: destroying Iran's missile capabilities, wiping out its navy, preventing access to a nuclear weapon, and removing its ability to fund proxy militias. The administration did not rule out sending ground troops, though Trump later said they would likely not be necessary.
Iran meanwhile continued to launch retaliatory strikes, including sending two warplanes into Qatari airspace, drone attacks against a Saudi oil refinery and the US Embassy in Riyadh, missile strikes in Kuwait and the UAE, and ongoing strikes toward Israel. Israel carried out attacks against Hezbollah in Lebanon after the Iranian-allied militia launched rockets into the country.
See live updates here. |
Voters in Texas cast ballots today in a pair of hotly contested primary races, choosing their candidates to face off for a US Senate seat in November. They are the most expensive such races in US history, with more than $110M spent in total.
For Republicans, incumbent John Cornyn is seeking his fifth term in the seat and has been locked in a combative three-way race with Attorney General Ken Paxton and Rep. Wesley Hunt (TX-38). Paxton, who survived a 2023 impeachment on bribery and corruption charges, enters the day with a four-point lead over Cornyn (40% to 36%). On the Democratic side, Rep. Jasmine Crockett (TX-30) faces state Rep. James Talarico, with each trying to build a multiracial coalition in a state where Democrats haven’t defended a statewide office since 1994. See polling for each race here.
Separately, Rep. Ryan Zinke (R, MT-1) announced he will not run for reelection, citing health issues. He joins a growing list of Republicans retiring before the 2026 midterms. |
Concert Colossus in Court |
Opening statements begin today in a federal antitrust trial against Live Nation. The Justice Department, 39 states, and the District of Columbia allege the entertainment giant pressured venues and artists into exclusive deals, stifling competition and driving up ticket prices.
Founded in 1996 as a concert promoter and venue operator, Live Nation expanded into ticket sales after a $2.5B merger with Ticketmaster in 2010. The DOJ approved the deal on the condition that Live Nation not force venues to use its ticketing services—a term officials accuse the company of repeatedly violating. The DOJ claims, for example, that Live Nation diverted tours from New York’s Barclays Center after it briefly left Ticketmaster for SeatGeek in 2021. Live Nation denies the accusation.
If the DOJ prevails, consumers may be entitled to damages, and Live Nation and Ticketmaster could be split up. The combined company reported roughly $25B in revenue last year, hosting about 55,000 events and selling 646 million tickets worldwide. Learn about Live Nation's business model here (w/video). |
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In partnership with NativePath |
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Sports, Entertainment, & Culture |
> HBO Max and Paramount+ to merge into a single streaming platform if Paramount Skydance acquires Warner Bros. Discovery; combined platform would have over 200 million direct-to-consumer subscribers (More) |
> Team USA announces 72 athletes competing in Paralympic Winter Games; competition begins tomorrow, and the opening ceremony is set for Friday (More) |
> Iran's soccer federation casts doubt on national team's participation in 2026 World Cup following recent US-Israeli strikes; Iraq or the United Arab Emirates are poised to replace Iran if it withdraws (More) |
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> Apple introduces lower-cost iPhone 17e and faster iPad Air; the tech giant is expected to announce more new products in the coming days (More) |
> Skin patch tracks body's immune responses, potentially offering a new method to monitor patients' responses to vaccines, infections, and cancer treatments (More) |
> Meteorologists report 50% to 60% chance that El Niño—which pushes global temperatures higher—will form from July onward; last month, the federal government revised how El Niño is classified to reflect warming ocean waters (More) |
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> US stock markets close mixed (S&P 500 +0.0%, Dow -0.2%, Nasdaq +0.4%), with S&P 500 falling 1.2% before reversing losses (More) |
> European natural gas prices spike 40% as Qatari firm halts production amid Middle East conflict (More) | US oil prices jump 8% to $72.50 per barrel, Iranian forces close the Strait of Hormuz (More) |
> Elliott Management reveals $268M position in mortgage-backed assets tied to Market Financial Solutions, the UK-based mortgage lender that declared bankruptcy last week (More) |
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In partnership with RAD Intel |
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Prepared for AI Land Grab, still $0.85/share |
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> House Oversight Committee releases video of Clintons' testimony last week about interactions with late sex offender Jeffrey Epstein (More) |
> France says it will increase its nuclear arsenal amid global upheaval; the country is the only nuclear-armed EU member, with around 290 warheads (More) |
> At least 169 people are reported killed by insurgents earlier this week in South Sudan; country has witnessed uptick in violence since December, when opposition forces seized government outposts (More) |
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> The Man Who Stole Infinity
Quanta Magazine | Joseph Howlett. When mathematician Georg Cantor published his proof on infinity and set theory 152 years ago, it revolutionized the field, inspiring outrage and fear. Did he plagiarize the theory? (Read) |
> Master and Commander
The Atavist Magazine | Peter Ward. When an Argentine shanty band arrives at a small Welsh town, the residents are immediately taken. The band's leader would eventually be accused of modern slavery. (Read) |
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In partnership with NativePath |
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Your Daily Dose of Youthful Aging |
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Please support our sponsors! |
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Historybook: Inventor Alexander Graham Bell born (1847); "The Star-Spangled Banner" becomes the US national anthem (1931); Track and field great Jackie Joyner-Kersee born (1962); Turkish Airlines flight crashes outside Paris, killing all 346 aboard (1974) |
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"There cannot be mental atrophy in any person who continues to observe, to remember what he observes, and to seek answers for his unceasing hows and whys about things." |
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*Disclosure: This is a paid advertisement for RAD Intel made pursuant to Regulation A+ offering and involves risk, including the possible loss of principal. The valuation is set by the Company and there is currently no public market for the Company's Common Stock. Nasdaq ticker “RADI” has been reserved by RAD Intel and any potential listing is subject to future regulatory approval and market conditions. Please read the offering circular and related risks at invest.radintel.ai. |
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