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Daily Fresh Financial News.
Global Market Updates.

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πŸ‡ΊπŸ‡Έ FAA Opens New Boeing Inquiry Over 787 Inspections

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πŸ“£ OpenAI is working on a search product that will compete with Google, $GOOGL, per Bloomberg

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πŸ‡ΊπŸ‡Έ Tom Lee said he thinks inflation will cool pretty dramatically in the second half of this year

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πŸ’° FTX customers are getting back all the money they lost in the crypto exchange's collapse.

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🚨🚨🚨JUST IN: πŸ‡ΊπŸ‡Έ Congressman Tom Emmer says #SEC Chairman Gary Gensler’s tenure has been characterised by "regulatory hypocrisy, inconsistency, and incompetence."

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πŸ‡ΊπŸ‡Έ One out of every 24 New York City residents is a Millionaire

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⚑JUST IN: πŸ‡ΊπŸ‡Έ US Senator Bernie Sanders and Congressman Ro Khanna introduce bill to eliminate all medical debt.

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πŸ‡ΊπŸ‡Έ FED'S COLLINS:

- REACHING 2% INFLATION MAY TAKE LONGER THAN THOUGHT
- THERE ARE RISKS TO CUTTING RATES TOO SOON

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BREAKING: πŸ“Š World central banks' net gold purchases set a new record in Q1 2024.

Global central banks bought 290 tonnes of gold in the first quarter above the previous all-time high of 286 tonnes seen in Q1 2023.

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πŸ“Š Growth of $1,000 by Global Equity Market over 5 years

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πŸ“Š All the data says the economy is "strong" while:

1. Starbucks stock, $SBUX, fell 20% after reporting a 6% drop in traffic

2. Uber stock, $UBER, fell 10% after reporting a net loss

3. Shopify stock, $SHOP, fell 20% after issuing weak guidance

4. Netflix stock, $NFLX, fell 10% after reporting a weaker outlook for Q3 2024

5. Doordash stock, $DASH, fell 15% after reporting a $21 million loss

6. CVS Pharmacy stock, $CVS, fell 17% after net income fell by 50%

7. Etsy stock, $ETSY, fell 11% after reporting weak earnings due to the "macroeconomy"

8. EBay stock, $EBAY, fell 5% after reporting weaker guidance

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πŸ‡¦πŸ‡· Argentina to print its first 10,000-peso note as a result of hyper-inflation.

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πŸ‡ΊπŸ‡Έ US Presidential Candidate Donald Trump Promises "Full Support" for Cryptocurrencies!

Giving the green light to #Crypto, US presidential candidate Donald Trump announced that he will accept cryptocurrency donations in his election campaign.

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πŸ‡ΊπŸ‡Έ US has "paused" weapons deliveries to Israel after it started Rafah invasion. US Secretary of Defence said there have been β€˜far too many casualties’ from Gaza war - Bloomberg

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πŸ‡¦πŸ‡Ί Australia's Macquarie bank will stop cash withdrawals this month and go completely cashless.

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🎡 TikTok to automatically label AI-generated content.

TikTok takes a proactive step in assuring #AI authenticity on its platform by automatically labeling AI-generated content (AIGC) using new Content Credentials technology.

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JUST IN: πŸ‡ΊπŸ‡Έ President Joe Biden claims inflation was 9% when he came into office.

Inflation was actually 1.4% when Biden took office in January 2021.

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⚑️ JUST IN : Market is pricing two interest rate cuts this year from Fed with first cut expected in September ~ QCP

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πŸ‡ΏπŸ‡² Zambia's currency has plummeted to an all-time low against the U.S. Dollar

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πŸ‡―πŸ‡΅ Japan's real wages have declined for the 24th consecutive month

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πŸ“£ Elon Musk’s Artificial Intelligence Startup xAI Reportedly Nears $18 Billion Valuation With Fresh Funding As AI Race Heats Up

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