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How Texas could offer a blueprint to the incoming Trump administration's plans for a mass deportation of migrants.

And why rivals of Elon Musk worry about the power he'll have in the new administration.

He loves to talk about enemies.

He's very energized by having enemies.

That's what people close to him say.

Plus, Intel CEO is stepping down after four years. It's Monday,

December 2nd. I'm Tracy Hunt for the Wall Street Journal. This is a PM edition of What's News,

the top headlines and business stories that move the world today. Investors have flocked to a pair of turbo charge exchange traded funds that seek to amplify the daily return of micro strategy, even as the risk aren't widely understood.

You might remember us telling you about micro strategy last week, the software company that has turned itself into a Bitcoin buying

machine. Well, today, it announced that it snatched up another $1.5 billion of Bitcoin last week.

It now holds more than $402,000 bitcoins worth more than $38 billion.

Bullish investors have swelled the company's market value to almost $90 billion,

or more than twice the value of the Bitcoin it holds. But these ETFs haven't been working as

intended in recent days. Jack Pitcher covers markets for the Wall Street Journal.

These are new products that first got approved by

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