Springsteen doubles down on political criticism with a digital EP that includes anti-Trump comments
The rock star released a digital EP on Wednesday with four songs recorded live in Manchester, England last week, along with two of his addresses to the audience that attacked Trump's 'corrupt, incompetent and treasonous administration.'
The Boss pointedly opened his concert in Manchester Tuesday night, his third in the English city, with the song 'No Surrender.'
A satirical video posted on Trump's social media account on Wednesday showed the Republican president taking a swing on the golf course and his 'ball' hitting Springsteen in the back as he stumbles to get onstage.
Springsteen, long a Trump opponent, began the latest skirmish in the culture war in England last week, where he opened a European tour. His same-state neighbor Trump — they both have homes in New Jersey — responded by calling the Boss a 'dried-out prune of a rocker.'
Both men have had other rock stars leap to their defense. Trump supporter Kid Rock appeared twice on Fox News Channel last week. He said his fellow Michigander, Bob Seger, 'smokes' Springsteen.
'Bruce Springsteen is another one of the liberals who has mountains of money who so desperately wants to keep his good standing in the eyes of Hollywood and the elite,' Kid Rock said. Springsteen 'plays the working-class guy' but his politics are 'ass-backward,' he said.
On Fox's influential show 'The Five,' former White House press secretary Dana Perino said she always found Springsteen overrated, and Greg Gutfeld denounced him with an off-color slur.
Neil Young has backed Springsteen, and Pearl Jam's Eddie Vedder praised him during a concert in Pittsburgh over the weekend. Springsteen brought up issues, and in response 'all that we heard were personal attacks and threats that nobody else should even try to use their microphones or use their voices in public or they will be shut down,' Vedder said.
'The name-calling is so beneath us,' said Vedder, before Pearl Jam performed Young's 'Rockin' in the Free World.'
For Springsteen, 'No Surrender' replaced 'Land of Hope and Dreams' atop his concert set list. The EP released digitally on Wednesday also contained a cover of Bob Dylan's 'Chimes of Freedom.'
___
David Bauder writes about the intersection of media and entertainment for the AP. Follow him at http://x.com/dbauder and https://bsky.app/profile/dbauder.bsky.social.
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Stock market today: Dow, S&P 500, Nasdaq futures rise on US-Japan deal hopes, with Tesla and Google on deck
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The grid operator set record prices at $329.17 per megawatt-day, raising total capacity costs to $16.1 billion from $14.7 billion last year. Tesla Q2 earnings preview: 3 things to watch Tesla (TSLA) is slated to report second quarter earnings on Wednesday against an uncertain backdrop for its core auto business and robotaxi rollout. Tesla stock pared some of its losses earlier in the year, as tariffs and a volatile relationship between CEO Elon Musk and President Trump weighed on the company. But the stock is still down about 17% year to date. Yahoo Finance's Pras Subramanian previews three key areas to watch when the EV maker reports: Read more here. Tesla (TSLA) is slated to report second quarter earnings on Wednesday against an uncertain backdrop for its core auto business and robotaxi rollout. Tesla stock pared some of its losses earlier in the year, as tariffs and a volatile relationship between CEO Elon Musk and President Trump weighed on the company. But the stock is still down about 17% year to date. Yahoo Finance's Pras Subramanian previews three key areas to watch when the EV maker reports: Read more here. Meme stocks are on the move again The return of meme stock mania doesn't appear like it will end on Wednesday. Some of the highest-trending ticker pages on Yahoo Finance this morning are meme crowd favorites Kohl's (KSS), Rocket (RKT), and Krispy Kreme (DNUT). As of 6 a.m. ET, Rocket and Krispy Kreme are each up double-digit percentages in premarket. "The phenomenon of meme stocks isn't going away. I feel like the genie's out of the bottle. And it's just become a way for a certain subset of everyday investors to trade, and that's completely fine," Ritholtz Wealth Management strategist Callie Cox said on Yahoo Finance's Opening Bid (watch below). Makes sense! The return of meme stock mania doesn't appear like it will end on Wednesday. Some of the highest-trending ticker pages on Yahoo Finance this morning are meme crowd favorites Kohl's (KSS), Rocket (RKT), and Krispy Kreme (DNUT). As of 6 a.m. ET, Rocket and Krispy Kreme are each up double-digit percentages in premarket. "The phenomenon of meme stocks isn't going away. I feel like the genie's out of the bottle. And it's just become a way for a certain subset of everyday investors to trade, and that's completely fine," Ritholtz Wealth Management strategist Callie Cox said on Yahoo Finance's Opening Bid (watch below). Makes sense! Texas Instruments stock plunges as guidance disappoints Given how hard the stock market has rallied, any company reporting guidance that is perceived as subpar will get punished. A good example of that will play out with Texas Instruments (TXN) in today's session. The stock is getting pounded premarket, down 12% after third quarter guidance on earnings per share that was 14 cents below consensus on the low end. TXN blamed weak demand in the auto market (heard the same in GM's (GM) outlook on Tuesday). Executives at the key chipmaker for producers of cars and factory equipment said they didn't know how much of the second quarter's jump in revenue was down to customers trying to get ahead of tariffs, per Reuters. Whatever the case, TXN's outlook is putting pressure on similar names in the space: Microchip (MCHP), Analog Devices (ADI), NXP Semiconductors (NXPI), and On Semi (ON). Given how hard the stock market has rallied, any company reporting guidance that is perceived as subpar will get punished. A good example of that will play out with Texas Instruments (TXN) in today's session. The stock is getting pounded premarket, down 12% after third quarter guidance on earnings per share that was 14 cents below consensus on the low end. TXN blamed weak demand in the auto market (heard the same in GM's (GM) outlook on Tuesday). 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The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods. Shares of Japanese automakers pumped after U.S. President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%. Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. 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Yahoo
2 minutes ago
- Yahoo
Enphase Sees 20% Drop in Home Solar Market on Subsidy Loss
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San Francisco Chronicle
3 minutes ago
- San Francisco Chronicle
For hope on climate change, UN chief is putting his faith in market forces
NEW YORK (AP) — For nearly a decade United Nations Secretary-General Antonio Guterres has been using science to warn about evermore dangerous climate change in increasingly urgent tones. Now he's enlisting something seemingly more important to the world's powerful: Money. In an exclusive interview with The Associated Press, Guterres hailed the power of market forces in what he repeatedly called 'a battle' to save the planet. He pointed to two new UN reports showing the plummeting cost of solar and wind power and the growing generation and capacity of those green energy sources. He warned those who cling to fossil fuels that they could go broke doing it. 'Science and the economy show the way,' Guterres said in a 20-minute interview in his 38th-floor conference room overlooking the New York skyline. 'What we need is the political will to take the decisions that are necessary in regulatory frameworks, in financial aspects, in other policy dimensions. Governments need to take decisions not to be an obstacle to the natural trend to accelerate the renewables transition.' That means by the end of the fall governments need to come up with new plans to fight climate change that are compatible with the global goal of limiting warming and ones that apply to the their entire economy and include all greenhouse gases, Guterres said. But don't expect one from the United States. President Donald Trump has pulled out of the landmark Paris climate agreement, slashed efforts to boost renewable energy and made fossil fuels a priority, including the dirtiest one in terms of climate and health, coal. 'Obviously, the (Trump) administration in itself is an obstacle, but there are others. The government in the U.S. doesn't control everything,' Guterres said. Sure, Trump pulled out of the Paris accord, but many states and cities are trying to live up to the Biden administration's climate-saving goals by reducing the burning of coal, oil and natural gas that release heat-trapping gases, Guterres said. Invest in fossil fuels, risk stranded assets? 'People do not want to lose money. People do not want to make investments in what will become stranded assets,' Guterres said. 'And I believe that even in the United States, we will go on seeing a reduction of emissions, I have no doubt about it.' He said any new investments in exploring for new fossil fuel deposits 'will be totally lost' and called them 'just a waste of money.' 'I'm perfectly convinced that we will never be able, in the history of humankind, to spend all the oil and gas that was already discovered,' Guterres said. But amid the hope of the renewable reports, Guterres said the world is still losing its battle on climate change, in danger of permanently passing 1.5 degree Celsius (2.7 degree Fahrenheit) warming since preindustrial times. That threshold is what the Paris agreement set up as a hoped-for global limit to warming 10 years ago. Many scientists have already pronounced the 1.5 threshold dead. Indeed, 2024 passed that mark, though scientists say it requires a 20-year average, not a single year, to consider the threshold breached. A scientific study from researchers who often work with the U.N. last month said the world is spewing so much carbon dioxide that sometime in early 2028, a couple years earlier than once predicted, passing the 1.5 mark will become scientifically inevitable. Guterres: 'We need to go on fighting' even as it looks bleak Guterres hasn't given up on the 1.5 degree goal yet, though he said it looks bad. 'We see the acceleration of different aspects of climate change., rising seas, glaciers melting, heat waves, storms of different kinds," he said. 'We need to go on fighting,' he said. 'I think we are on the right side of history.' Guterres, who spoke to AP after addressing the U.N. Security Council on the Israeli occupation of Gaza, said there's only one way to solve that seemingly intractable issue: An immediate ceasefire, a release of all remaining hostages, access for humanitarian relief and 'paving the way for a serious political process leading to the two-state solution. Some people say the two-state solution is now becoming extremely difficult. Even some saying it's impossible. But the question is, what is the alternative?' Gaza, Ukraine and Sudan are all crises, Guterres said, but climate change is an existential problem for the entire planet. And he said people don't realize how climate-caused droughts and extreme weather can feed poverty and terrorism. He pointed to the Sahel as an example. 'We see that people live in worse and worse conditions, less and less capacity to grow their crops, less and less capital,' he said. 'And this is largely due to climate change.' 'Everything is interlinked: Climate change, artificial intelligence, geopolitical divides, the problems of inequality and injustice,' Guterres said. 'And we need to make sure that we make progress in all of them at the same time.'
