The hour is characterized by a mix of market volatility and legal developments. Walmart raised its full-year outlook citing expected tariff refunds, while Bitcoin ETFs recorded over $1 billion in inflows as momentum builds for the Clarity Act. In technology, the focus remains on AI infrastructure, highlighted by Waymo’s new in-house chip, Stripe’s acquisition of OpenRouter, and a $21 billion valuation for AI chip startup Etched, even as the broader tech sector faces its fourth consecutive daily decline. Concurrently, government and legal affairs are prominent: federal prosecutors have charged a Chinese national with voter fraud in a case involving identity impersonation, and new court filings implicate Patrice Comey in the federal case against her husband, former FBI Director James Comey, for allegedly misleading investigators regarding his threat against President Trump. Separately, the Department of Justice has moved to block an immediate hearing in Disney’s ABC license lawsuit, while legal analysts suggest state authorities may leverage consumer protection laws to pursue Dr. Anthony Fauci despite his federal pardon. Amidst these developments, the FBI released 2025 data showing an 18.1% decline in the murder rate, a trend occurring alongside increased concealed carry, and the Storm Prediction Center issued a significant tornado threat for the Mid-Atlantic corridor, spanning from Washington, D.C. to Philadelphia.