๐จ Apple has agreed to pay $250 million to settle a class-action lawsuit over misleading customers about AI-powered Siri features
The lawsuit covers US customers who bought any iPhone 15 or iPhone 16 model between June 10, 2024 - March 29, 2025
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Central banks were net sellers of gold in March with 30 tonnes in outflows, most since 2023.
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Trump Threatens Iran Over Agreement
Trump threatened Iran with strikes if Tehran does not sign an agreement. Three US destroyers passed the Strait of Hormuz under fire. Trump said attacks were repelled, Iranian boats destroyed, and destroyers unharmed.
He demanded Tehran quickly sign the deal or face "much harsher strikes." The ceasefire remains and the agreement is still possible.
๐ช t.me/FinancialWorldUpdates
Trump threatened Iran with strikes if Tehran does not sign an agreement. Three US destroyers passed the Strait of Hormuz under fire. Trump said attacks were repelled, Iranian boats destroyed, and destroyers unharmed.
He demanded Tehran quickly sign the deal or face "much harsher strikes." The ceasefire remains and the agreement is still possible.
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๐ฎ๐ท Iran has reportedly seized an oil tanker.
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๐ฅ Nvidia is now worth more than the economies of Japan, India and the U.K., with market value surpassing $5T.
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SPX: $7337
NASDAQ: $25806
DXY: $97
Gold: $4734
Silver: $81
Bitcoin: $80014
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Trump administration released the first batch of UFO Files.
Filewls here:
https://www.war.gov/UFO/
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US economy adds 115,000 jobs in April, beating expectations
The US economy added 115,000 jobs in April, surpassing forecasts of 65,000. The unemployment rate remained steady at 4.3%, matching expectations.
This brings the total job gains to 300,000 over the past two months. The report shows strength despite ongoing tensions related to the Iran War.
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Investors Increase Inflows into US and Euro Inflation-Linked Bonds
Investors are preparing for inflation as the US Treasury Inflation-Protected Securities (TIPS) ETF $TIP saw inflows of +$900 million in April, the largest monthly amount since December 2021.
This was only the second monthly inflow in five months.
Global inflation-linked bonds rose +2% year-to-date, outperforming all 24 major fixed-income indexes tracked by Bloomberg.
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๐บ๐ธ Nasdaq just hit 29,000 for the FIRST TIME EVER IN HISTORY.
S&P 500 rose to new all time high and hit 7400 for the first time in history.
US stocks added $10 trillion since March 30th bottom.
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๐จ Q1 tech layoffs were the highest since the 2022โ23 tech recession.
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๐บ๐ธ S&P 500 and Nasdaq record their highest daily & weekly close in history.
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๐บ๐ธ US credit card debt reaches new all-time high of $1.33 trillion.
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Gasoline: +103%
Heating oil: +84%
Brent crude oil: +66%
Crude oil: +66%
European gas: +56%
Coal: +23%
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๐ Market Overview:
SPX: $7398
NASDAQ: $26247
DXY: $97
Gold: $4720
Silver: $80
Bitcoin: $80393
๐ช t.me/FinancialWorldUpdates
SPX: $7398
NASDAQ: $26247
DXY: $97
Gold: $4720
Silver: $80
Bitcoin: $80393
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๐บ๐ธ Trump Media $DJT reports $406,000,000 net loss for Q1 2026.
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Iran is considering to treat undersea internet cables passing through the Strait of Hormoz as a strategic asset.
These cables carry global internet traffic and financial data. Iran is looking to require permits, charge fees, and have Iranian laws applied to foreign companies, and give Iranian firms technical control over cable management and repairs.
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๐ธ๐ฆ World's largest oil company Saudi Aramco reports higher profits in Q1 2026 despite Iran war.
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