🚨🚨🚨 Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail.

Ukrainian 🇺🇦 national, Yaroslav Vasinskyi, also known as Rabotnik, has been sentenced 13 years and seven months in prison for his role in conducting over 2,500 ransomware attacks and demanding over $700 million in ransom payments.

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📣 Google $GOOGL paid Apple $AAPL $20 billion in 2022 for Google to be the default search engine in the Safari browser, according to newly unsealed court documents - Bloomberg

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📣 Shell smashes forecasts with $7.7 billion quarterly profit

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🇹🇷 Turkey halts all trade with 🇮🇱 Israel, per Reuters

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🇺🇸 The S&P 500 just posted its worst month since September 2023.

The index fell by 4.2% in April, recording the first monthly drop since October.

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🇺🇸 Up to 7% of U.S. Banks may be at risk of failure, warns Consulting firm Klaros Group

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⚡JUST IN : 🇺🇸 U.S. Seasonally Adjusted Nonfarm Jobs Rise by 175,000 in April; Unemployment Edges Up to 3.9%, Falling Short of Anticipated Gains.

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🇺🇸 US commercial and industrial lending has been declining for 7 months straight

In April, commercial and industrial loans at all commercial banks decreased by ~1% year-over-year after a 1.8% drop in March

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🇺🇸 Elon Musk says the dollar "will be worth nothing" if the US doesn't do something about its national debt

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🚨🚨🚨 Carvana $CVNA short sellers have now sustained losses of $3.9 billion

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📣 JPMorgan $JPM just unveiled IndexGPT

"a new range of thematic investment baskets created with the help of OpenAI’s GPT-4 model"

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🇯🇵 Bank of Japan has used $59 billion to save the Japanese Yen

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🇺🇸 Treasury Secretary Janet Yellen says the 🇯🇵 Bank of Japan should consult with her before intervening to support Japanese Yen

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📣 Warren Buffett accidentally calls Greg Abel “Charlie” at the annual $BRK shareholder meeting 💔

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📣 Berkshire Hathaway dumped roughly $20 billion worth of $AAPL shares in the first quarter, which amounted to roughly 13% of its total Apple position

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