A manifesto, a train ride, and gaps in security that let a shooter get near Trump |
A manifesto, a train ride, and gaps in security that let a shooter get near Trump
Good morning. On Fortune’s radar today:
Shooter’s motive for attack on Trump; questions about WH security.
Markets: Record highs seem to be holding.
Iran and Washington are talking past each other.
🍿Big fight! Musk v Altman in court this week.
“Fertility shock” in Asia.
Exclusive: IQM Quantum CEO braces for the shorts ahead of $1.8B IPO.
Big Tech earnings week kicks off with markets at peak
S&P 500 futures were flat this morning prior to the open. The index rose 0.8% in its last session to a new record high of 7,165.
In Europe, the Stoxx 600 was flat in early trading and the U.K.’s FTSE 100 was also flat before lunch.
Asia: South Korea’s KOSPI was up 2.15%. Japan’s Nikkei 225 was up 1.38%. India’s Nifty 50 was up 0.9%. China’s CSI 300 was flat.
Brent crude was up to $108 per barrel this morning as the Strait of Hormuz remains closed.
This is a huge week for tech stocks. We’ll get Q1 earnings calls from Microsoft, Alphabet, Meta, Amazon, and Apple through Thursday.
Chart via TradingEconomics.com.
A manifesto, a train ride, and a security gap that allowed a shooter to get within yards of Trump
The suspect in the attempted assassination of President Trump at the White House correspondents’ dinner will be arraigned in federal court today. New details are emerging about the alleged shooter’s motives and officials’ response to the apparently lax security surrounding the president. (You can read details of the “manifesto” that Cole Tomas Allen emailed to family members before the shooting here.)
One obvious issue—both the president and Vice President JD Vance were on the same dais, opening the possibility that if both had been killed the presidential succession would have fallen to the speaker of the U.S. House of Representatives. Allen was able to travel to Washington D.C. via train, check into the hotel, and get within yards of the president all while carrying multiple guns and knives—an extraordinary gap in security given that Trump has twice been targeted by assassins before.
Trump used the crisis to push his White House East Wing ballroom as the secure solution for presidential dinners.
The White House correspondents’ dinner shooting suspect apparently traveled by........