It’s a good day for private prisons, as Trump win drives a whole basket of stocks upward

Donald Trump’s presidential win is good news for some stocks. Some of the biggest movers today include Fannie Mae and Freddie Mac, government-sponsored mortgage enterprises Trump plans to privatize; Trump Media & Technology Group, which owns the president-elect’s Truth Social; private prison companies GEO Group and CoreCivic; and Tesla, whose CEO Elon Musk has been backing Trump in hopes of cutting regulation that affects his companies.

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Uniqlo’s shiny international stores are pumping its sales as it targets Inditex’s crown

Even Uniqlo’s Japan business now sees 10% of its revenue coming from foreign tourists.

Paramount vs. Netflix:

1/8/26

IS THIS THE FINALE?

Nate Becker

Max Knoblauch1/8/26

Ford to bring eyes-off driving to its new EV platform by 2028

Ford is wading into the autonomous race against rivals like Tesla and GM.

On Wednesday evening, the Detroit automaker said it plans to introduce “Level 3” eyes-off systems to vehicles being built on its new production platform in Louisville by 2028. The first vehicle planned for the platform is a $30,000 midsize EV truck, planned for 2027.

In an interview with Reuters, Ford Chief EV and Design Officer Doug Field said the tech would not come at the $30,000 price point and would cost extra. Field said the company is still weighing just how much extra, and whether the system should be sold via a subscription model.

According to Ford, the eyes-off and hands-off tech will utilize lidar. Ford shares ticked up slightly in premarket trading on Thursday.

In August, Reuters reported that Ford rival Stellantis had shelved its Level 3 program due to high costs.

Millie Giles

GALAXY-BRAINED

1/7/26

Lego taps “Star Wars” for the launch of its new high-tech Smart Brick

The toy giant is betting that even if people don’t immediately want a computerized plastic block, they’ll still want “Star Wars” Legos that go “pew pew.”

Max Knoblauch

1/7/26

Warner Bros. board spurns Paramount’s latest advance, continuing to support Netflix deal

Paramount has now made six formal offers for Warner Bros. Discovery.

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