Financial World Updates
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Received real time updates about the Financial World 🌎

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US will not tolerate Iran normalizing control of the Strait of Hormuz, Rubio says.


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Today marks the start of the Elon Musk v. Sam Altman trial in Oakland, California

Jury selection begins, kicking off the high-profile civil lawsuit in which billionaire xAI CEO Musk is seeking more than $100 billion in damages. Musk alleges that artificial-intelligence startup OpenAI betrayed its nonprofit mission and that CEO Altman and President Greg Brockman profited from assets designed to be controlled by the nonprofit.


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πŸ‡¨πŸ‡³πŸ‡ΊπŸ‡Έ China says the Strait of Hormuz was closed because of US and Israel's "illegal" war against Iran.


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Nvidia stock, $NVDA, officially hits a new record high, now worth $5.2 trillion.

Nvidia has now added +$4.9 TRILLION in market cap since 2022.


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πŸ‡ΊπŸ‡Έ Google signs a classified AI deal with the Pentagon, The Information reports.


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πŸ‡¨πŸ‡¦ Canada has launched a sovereign wealth fund, per Bloomberg.


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πŸ‡ΊπŸ‡Έ Prediction markets Kalshi and Polymarket to offer crypto perpetual futures in the U.S.


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πŸ›’ Iran only has only 12 to 22 days of capacity left in storage of oil production before they’re forced to halt production.

Because the U.S. naval blockade has cut exports by roughly 70%, shipments through the Strait of Hormuz have nearly stopped, and no tankers are getting through.

If this continues, Iran may be forced to cut production by another 1.5 million barrels per day by mid-May, on top of the large reductions already made.

Even so, the financial impact won’t be immediate, since oil shipments take time to reach buyers and payments are delayed, giving Iran a few months of breathing room despite the growing supply crunch.


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An AI agent named Cursor mistakenly deleted the database and all backups of B2B software provider PocketOS in nine seconds, affecting over 1,600 clients. Data access cannot be restored.

The agent operated on Claude Opus 4.6 and ignored instructions not to delete data without a request, failing to check technical documents.


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First tanker loaded with liquefied natural gas leaves Gulf.


@PoliticFinance πŸ₯»
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πŸ‡―πŸ‡΅ BOJ announced no rate hikes, keeping rates unchanged.


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🚨US crude oil up over 4.5%, now trading at $101.


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πŸ‡¦πŸ‡ͺ UAE to officially exit OPEC and OPEC+ after 59 years.


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πŸ‡ΊπŸ‡Έ Toyota says President Trump's current tariffs are making entry-level car production unprofitable.


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πŸ‡ΊπŸ‡Έ TRUMP ON IRAN: THEY WANT US TO "OPEN HORMUZ STRAIT," AS SOON AS POSSIBLE.


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πŸ‡ΊπŸ‡Έ Ohio State Teachers Retirement Fund bought 5,881 shares of Strategy ($MSTR), bringing its total to 93,570 shares worth about $16 million.


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Pakistan mediators expect a revised Iran proposal to end the war within days after Trump rejected the earlier version.


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πŸ‡ΊπŸ‡Έ Trump family's World Liberty Financial partnered with crypto project linked to alleged scam-ring operators sanctioned by the US, WSJ reports.


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