Gasoline: +103%
Heating oil: +84%
Brent crude oil: +66%
Crude oil: +66%
European gas: +56%
Coal: +23%
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π Market Overview:
SPX: $7398
NASDAQ: $26247
DXY: $97
Gold: $4720
Silver: $80
Bitcoin: $80393
πͺ t.me/FinancialWorldUpdates
SPX: $7398
NASDAQ: $26247
DXY: $97
Gold: $4720
Silver: $80
Bitcoin: $80393
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πΊπΈ 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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πΈπ¦ World's largest oil company Saudi Aramco reports higher profits in Q1 2026 despite Iran war.
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πΆπ¦ Cargo vessel catches fire after being hit by a drone in Qatari waters.
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April Existing Home Sales data - Monday
April CPI Inflation data - Tuesday
April PPI Inflation data - Wednesday
OPEC Monthly Report - Wednesday
April Retail Sales data - Thursday
April Industrial Production data - Friday
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Apple $AAPL brings in $1 Million of REVENUE every 69 seconds.
Apple brings in $1 Million of PROFIT every 336 seconds.
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β‘οΈ Over 600 current and former OpenAI employees reportedly sold $6.6B in stock, averaging about $11M each.
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Potato futures in Europe rose about 7.5x this month, from β¬2.5 to β¬18.5 per 100 kg due to fertilizer supply issues after the closure of the Strait of Hormuz.
While some waited for altcoin season, the gains unexpectedly went to potatoes.
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S&P 500 is approaching another historic milestone β¦ or another bubble?
If 2026 closes with ~20% gains, it would mark the 4th consecutive year of double-digit returns.
Since 2023, the index has already surged nearly 93%.
Such streaks are extremely rare in history:
βͺοΈ 1942β45 β WWII spending and economic mobilization
βͺοΈ 1949β52 β postwar boom and credit expansion
βͺοΈ 1995β99 β the dot-com bubble
βͺοΈ 2023β26 β the AI race: NVIDIA, Big Tech, data centers, rate-cut hopes, and belief in a new tech cycle
The key question isnβt whether the market can rally another 10β20%.
It probably can.
The real question is whether future events β maybe even a potential SpaceX IPO β become the symbolic βtop signalβ of this cycle, just like dot-com listings did in 1999.
Euphoria can last longer than expected. But the closer markets get to mania, the more important risk management becomes.
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