Luke Vargas

Also named in the warning were Cisco, HP, Intel, IBM, Tesla, NVIDIA, and Boeing.

Coming up, President Trump heads to the Supreme Court, literally, as justices prepare to hear oral arguments on his push to end birthright citizenship.

That and the day's business news after the break.

In Washington, President Trump is turning up the pressure on the Supreme Court as it prepares to hear arguments today limiting U.S.

citizenship.

In a break from tradition, Trump plans to attend the hearing in person as the justices review his executive order ending birthright citizenship for children of undocumented immigrants or temporary residents.

Lower courts have blocked the order, ruling that it conflicts with the 14th Amendment.

Journal Supreme Court reporter James Ramoser says the case is pushing Trump's relationship with the court to the brink.

In a continuation of his voting reform push, President Trump has signed an executive order directing his administration to create lists of people that it considers eligible to vote in federal elections.

The lists, compiled from citizenship and social security data, would be sent to state election chiefs ahead of the midterms.

The order is likely to face a flood of legal challenges, with the secretaries of state of Arizona and Oregon saying they already plan to challenge it in court.

The Trump administration has scored a major win in its race against Beijing for critical minerals in Africa, with the U.S.

company set to take over a copper and cobalt mining company in the Democratic Republic of Congo.

We exclusively report that Virtus Minerals has finalized its acquisition for Shemoff, one of the world's largest cobalt producers that's not already in China's hands.

Alexandra Wexler covers business in Africa for the journal and says it will require a big commitment to turn around debt-laden Shemoff and get minerals out of one of the hardest countries in the world to do business.

In other markets news, OpenAI has completed the largest funding round in Silicon Valley history, raising $122 billion ahead of an IPO that's expected by year's end.

Amazon, Nvidia, and SoftBank put up the majority of funds for the round, which values OpenAI at $852 billion.

The deal will also grant individual investors greater access to OpenAI, with the company set to be included in several ETFs managed by Cathie Wood's ARK Invest.

Nike's turnaround plan has hit a snag, with the sneaker company projecting a 2-4% pullback in sales this year, including a sharp drop in its key China market.

CEO Elliot Hill came out of retirement in 2024 to try and restore Nike's market leadership and acknowledged yesterday the complexities of that effort.