The Supreme Court will hear the oral arguments for the Trump administration’s use of the International Emergency Economic Powers Act to justify tariffs. Treasury Secretary Scott Bessent, who will be at the hearing, defends the emergency measures and discusses the ongoing government shutdown. Palantir reported a beat in its third quarter earnings, but short sellers are concerned about AI valuations. CEO Alex Karp snaps back at dubious investors, doubling down on the value Palantir and its industry offer the United States. Plus, Vice President Dick Cheney has died, and Norway’s sovereign wealth fund will vote against Elon Musk’s pay package. Happy Election Day!
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