Day: October 21, 2026
The Auto Repair and Smog Check (ARSC) newsletter is published biennially by the Bureau of Automotive Repair (BAR). In addition to resource information for industry and stakeholders, newsletter content includes legislative and regulatory updates and disciplinary actions as mandated by California Business and Professions code section 9882.4.
🇺🇸 THE WORLD’S BIGGEST PROFESSIONAL INVESTORS JUST DITCHED TECH STOCKS FASTER THAN AT ANY TIME IN AT LEAST A DECADE.
Hedge funds, the big-money players who move markets, cut their tech holdings at a record pace in the week through October 15, Goldman Sachs data going back to 2016 shows.
Chipmakers took the biggest hit.
That should get everyone’s attention, because tech makes up roughly 39% of the S&P 500.
If you own an index fund or have a retirement account, you’re heavily invested in tech whether you realize it or not.
But even after all that selling, hedge funds still hold more tech than they have 90% of the time over the past 5 years.
Record selling, and they’re still sitting on a mountain of tech. Imagine what happens if they actually get scared.
Sources: Bloomberg, CME / Writer: Julie
🇺🇸 Trump wants to kick reporters out of the White House and replace their briefing room with… a swimming pool.
He’s reportedly floated restoring FDR’s old indoor pool more than once, the one Nixon covered up in 1970 to make room for the press.
Reporters could be moved to a building across the street, although nothing’s been decided yet.
The White House press pool is about to get a lot more literal 😆
Source: NYT / Writer: Julie
🔴 ELIMINATED: Musa Abd Muhammad Hamouda, a Nukhba terrorist in Hamas’ military wing in Gaza City.
Hamouda took part in the explosive device attack that killed 4 tank crew soldiers, Lieutenant Matan Abramovitz, Sergeant Amit Aryeh Regev, Staff Sergeant Uri Lemad & Sergeant Gadi Cotal in 2025.
Hamouda advanced terror attacks against Israeli civilians & IDF troops and operated to restore Hamas’ military capabilities, in systematic violation of the ceasefire.
The terrorist was eliminated in an order to remove the threat that he posed.
