Thursday, June 4, 2026

Good Morning! On this day in 1896, Henry Ford unveiled and test-drove the Quadricycle, the first automobile he designed. The successful 4 a.m. trial run behind his Detroit home helped launch the future automotive pioneer’s career.

The New York Public Library is celebrating America's 250th birthday by brewing beer from a 269-year-old recipe written by George Washington himself. The low-alcohol brew was meant to keep troops hydrated when they couldn't trust the water. A local brewery is making two versions: one faithful to the original and one with modern tweaks for those who aren't feeling the molasses.

Social Security's full retirement age just climbed again, and if you're thinking about retiring this year, the timing could permanently cost you. What's actually driving the change? On today's episode of The Flyover Podcast, Ayla shares how much your retirement could be cut depending on timing, plus exclusive tips on how to squeeze the biggest possible check out of your benefits. Tune in here!

Today's sponsor, Miso Robotics, is giving everyday investors a chance to get in on the AI robotics revolution through a company already deploying automated kitchen technology at major restaurant brands across the country.

Iran Strikes Kuwait Airport

Iranian missiles and drones struck Kuwait International Airport on Wednesday, killing one person and injuring 63 others as the shaky ceasefire with the United States continued to unravel.

Kuwait's military said it intercepted 13 missiles and 17 drones since dawn. The U.S. shot down Iranian drones near the Strait of Hormuz and struck a military site on Iran's Qeshm Island.

Meanwhile, President Trump said he was "perturbed" at Israeli Prime Minister Netanyahu for "constantly fighting with Lebanon," endangering the ceasefire, and repeated that he would decide soon whether to sign a deal with Iran or resume the military campaign.

Meanwhile, the American pilot of the F-15E recently downed over Iran was the same aviator shot down by Kuwaiti friendly fire at the start of the war, a coincidence one retired general compared to being struck by lightning twice.

SpaceX Sets Record IPO Price

SpaceX is pricing its IPO at a fixed $135 per share to raise a record $75 billion, more than triple the largest U.S. IPO ever, with a valuation of $1.75 trillion. The investor roadshow begins on Thursday.

If successful at that price, Elon Musk's net worth would land at roughly $988 billion, just short of making him the world's first trillionaire. His roughly 42% stake and 85% voting power would make SpaceX one of the most founder-controlled public companies in history.

The company plans to debut on the Nasdaq on June 12 under the ticker SPCX, with up to 30% of shares reserved for retail investors, a move designed to tap into Musk's massive personal following.

FBI Kills Man to End Hostage Standoff

The FBI shot and killed a man who held 10 people hostage inside a downtown Bakersfield, California, office building for more than 15 hours, ending the standoff early Wednesday. All hostages were found unharmed.

The suspect, Anthony Scott Searles-Harris, 41, a registered sex offender with a history of violence, entered the Chase Bank building Tuesday afternoon and made bomb threats before barricading himself inside with several people.

The building also houses a Kern County school district office. City Hall and police headquarters were locked down as a precaution while SWAT teams and negotiators surrounded the area.

Two hostages were released during overnight negotiations before the FBI's Hostage Rescue Team moved in around 4:20 a.m.

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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:

➤ Social Security's full retirement age climbed again this year, and claiming early could permanently shrink your check. (Hear Details)

➤ Former President Joe Biden interrupted his wife Jill's book talk to ask her whom she loves most in the world. (Hear Episode)

➤ Two government scientists were stopped at a Detroit airport carrying undeclared vials of a deadly virus they'd brought back from Congo. (Listen Now)

➤ The House voted 215-208 on Wednesday to pass a war powers resolution led by Democrats, directing President Trump to remove U.S. forces from hostilities with Iran unless Congress authorizes the conflict. Four Republicans joined Democrats, making it a rare rebuke of Trump from the GOP-led chamber, though the measure is largely symbolic and would not force an end to the war. (See Details)

➤ The Supreme Court allowed Alabama to use a congressional map that eliminates one of two majority-black districts in the state, a win for Republicans after a lower court ruled it was discriminatory. (More)

➤ Los Angeles Mayor Karen Bass advanced to a runoff in Tuesday's primary, with Republican reality TV personality Spencer Pratt leading Democratic Socialist Nithya Raman so far for the second spot. (More)

➤ The Trump administration proposed sweeping new tariffs on 60 trading partners, including China, the EU, Mexico, and Canada, citing forced labor concerns under Section 301 of the Trade Act. (More)

Flying together with our sponsor

Jeff Bezos Wants Robots. One Company Already Has Them.

When Jeff Bezos drops $100 billion on AI robots, smart investors pay attention. The message is clear: robots in our daily lives are inevitable AND lucrative.

But while Bezos is still building, one company is already winning.

Miso Robotics is live and operational across the $1 trillion fast-food industry. White Castle, Jersey Mike's, Auntie Anne's, and Häagen-Dazs are depending on Miso’s tech. Why? Because a 144% annual labor turnover rate is a crisis. And Miso is the solution.

Flippy, Miso's fry station AI robot, carries $4 billion/year in U.S. revenue potential on its own. And that's just one piece of the Miso AI platform.

Bezos's robot fund? Closed to everyday investors. Miso? Open to everyone. And nearly 40,000 early shareholders have already taken their position. Now the window’s open for you. Don’t miss out. Invest in Miso Robotics today.

➤ The New York Knicks beat the San Antonio Spurs 105-95 last night to take Game 1 of the NBA Finals. Jalen Brunson finished with 30 points for New York, including a spinning flip shot with 37 seconds to go to seal the victory. (See Highlight)

➤ Former MLB outfielder Jordyn Adams is enrolling at age 26 to play college football for SMU next season. He was a five-star receiver recruit in 2018 before getting drafted into the MLB. (More)

➤ A fly ball bounced off LA Angels outfielder Jo Adell's glove, then his head, and finally over the wall for one of the strangest home runs of the season. (See Highlight)

➤ The Stanley Cup Final continues tonight with Game 2 between the Carolina Hurricanes and Vegas Golden Knights. The Hurricanes host in Raleigh after losing Game 1 in the final minutes. (How to Watch)

Daily Market Report 06/03/2026

▼	NASDAQ National Association of Securities Dealers Automated Quotations	26,853.98	-0.89%
▼	SPX S&P 500	7,553.71	-0.74%
▼	DJI Dow Jones Industrial Average	50,687.07	-1.21%
▼	BTC Bitcoin	$65,214.85	-2.23%
▼	GOLD Per Ounce	$4,473.70	-0.34%
▼	SILVER Per Ounce	$73.48	-2.43%
▲	OIL West Texas Intermediate Crude	$96.19	2.59%
▼	LUNR Intuitive Machines Inc	$33.83	-14.52%

Bitcoin, gold, silver, and oil are traded 24 hours a day.

➤ Big Stock Move: Intuitive Machines stock fell nearly 15% on Tuesday after the lunar spacecraft company announced a $500 million stock offering, sparking dilution fears after a 54% rally over the prior month fueled by SpaceX IPO hype. (More)

➤ Home sellers are pulling listings off the market at the fastest pace in nearly a decade, with delistings jumping 28% as many choose to wait rather than accept a low offer, according to a Redfin analysis. (More)

➤ Social Security checks could be cut by roughly $500 a month, about 24%, if the program's trust fund is depleted by 2032, according to a new report. (See State-by-State Projection)

➤ The private sector added 122,000 jobs in May, beating economists' expectations of 99,000, while April's numbers were revised down to just 62,000, according to ADP. (More)

Flying together with our sponsor

A Supersized Fast-Food Robot Opportunity

Modernization in the $1 trillion fast food industry is no longer a question of "if." It's "who gets there first." And Miso Robotics is leading the charge.

Miso’s Flippy fry station AI robot redefines what's possible in restaurant kitchens: faster output, fewer errors, and lower labor costs at scale. The result? Up to 3X boosted profits for restaurant operators.

Flippy alone represents a staggering $4 billion/year market opportunity. Now imagine how valuable the rest of Miso's AI platform can be.

Today’s 144% annual labor turnover rate is a crisis. Miso already has the solution, with proven deployments at industry giants like White Castle, Jersey Mike's, Auntie Anne’s Pretzels, Häagen-Dazs, and more.

For a limited time, you can join nearly 40,000 early-stage Miso Robotics shareholders. Don’t miss the AI boom. Invest today.

This is a paid advertisement for Miso Robotics’ Regulation A offering. Please read the offering circular at invest.misorobotics.com

➤ Food researchers are calling for sweeping government action after a new journal issue linked ultra-processed foods to dementia risk. The same issue revealed Philip Morris applied cigarette flavor technology to packaged kids' meals in the 1990s. (See Findings)

➤ Fog is teeming with millions of bacteria, researchers found, with concentrations matching the ocean's and at least one species actively eating pollutants inside the droplets. (See Study)

➤ A meteorite found in the Sahara Desert contains evidence that a Moon-sized planet once orbited our Sun 4.5 billion years ago before a catastrophic collision destroyed it. (See Findings)

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Throwback Thursday is brought to you by:

➤ Chess clubs, backgammon lounges, and mahjong nights are booming in New York City, with young professionals paying up to $2,500 a year to play their grandparents' favorite games. (See Clubs)

➤ Thirty photos of PEZ dispensers, Cabbage Patch Kids, milk-crate skateboard races, and matching sibling outfits are a time machine straight back to childhood in the 1980s. (See Photos)

➤ Vintage photos of celebrities like John Lennon, Dolly Parton, and Jackie Kennedy prove that air travel in the 1970s looked a whole lot more glamorous than it does today. (See Photos)

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➤ The New York Public Library is brewing beer from a 269-year-old recipe George Washington wrote to keep his troops hydrated when the water wasn't safe. (See Details)

➤ A descendant of Betsy Ross is donating her original sewing table to the Betsy Ross House in Philadelphia on Flag Day. He's making the trip as part of a 3,600-mile bike ride retracing America's original 13 colonies. (See Desk)

➤ A ranking of the most iconic World Cup jerseys put America's denim-inspired 1994 away kit at No. 3, just ahead of the tournament returning to the United States this summer. (See Jerseys)

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