🔥 JUST IN : Update on #X Payments: Users can now send money, purchase goods, and earn interest similar to a bank account.

X Payments Executive, Christopher Stanley, announced the new features.

@Fin_Watch

🇺🇸 US is officially the largest oil producer in the world, and it's not even close.

Currently, the US is producing 12.9 million barrels per day of crude oil.

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📣 Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services

Microsoft said on Tuesday that Coca-Cola had signed a $1.1 billion five-year deal to use its cloud computing and artificial intelligence services.

@Fin_Watch | link

🇺🇸 Blackrock, $BLK, CEO Fink has said, "I don’t think inflation will get back to 2% anytime soon," per CNBC.

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🇺🇸 JPMorgan CEO Dimon says US economy is booming

JPMorgan Chase, opens new tab CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances.

@Fin_Watch | link

🚨🚨🚨 The total assets of Cathie Wood’s funds are shrinking rapidly, and the flagship #ETF has fallen 16% this year.

Investors have withdrawn a net amount of $2.2 billion from the 6 actively managed ETF managed by Cathie Wood's #ARK Investment Management company since the beginning of this year.

@News_Crypto

🇨🇳 Gold Trading Volume in China has exploded to 5x the average in 2023

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🚨🚨 JUST IN: 🇺🇸 President Biden officially signs bill to ban #TikTok unless its owner, ByteDance, agrees to sell the platform.

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🇷🇺 Russia Freezes JPMorgan's $440 Million in Assets

@Fin_Watch | link

🇺🇸 The cost to service US Federal debt is now takes up a record ~12% of US government spending.

This is up sharply from just ~7% in 2020 and ~9% in 2022.

@Fin_Watch

📣 Robinhood $HOOD said it now has more than 1 Million people signed up to the waitlist for its credit card

@Fin_Watch

🚨🚨🚨 JUST IN: 🇺🇸 President Biden proposes a 44.6% capital gains tax, the highest in history.

The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.

@Fin_Watch

BREAKING: 🚨 Meta stock, $META, has now erased $240 BILLION of market cap after reporting earnings, down as much as 19%.

If $META closes at current levels tomorrow, it will mark the BIGGEST EVER 1-day loss of market cap by a stock.

@Fin_Watch