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⚡️ US proposed a temporary waiver on Iran oil sanctions, according to Iranian sources.


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India buying Russian oil irrespective of US sanctions waivers, Indian official says.


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⚡️ Iran starts Bitcoin-backed shipping insurance for the Hormuz Strait.


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🇺🇸 President Trump moves to withdraw his $10 billion lawsuit against the IRS.


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🇺🇸 Elon Musk:

10 years from now, probably 19% of all distance driven will be driven by the AI in a self-driving car. So, overwhelmingly, it will be quite a niche thing in 10 years to actually be driving your own car because the car will drive you.

I think there will also be humanoid robots that are pretty much everywhere.

I think it will be pretty cool because who wouldn't want their own personal C-3PO and R2-D2, but even better than that? I think everyone's going to want one, maybe two.

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🇯🇵 Japan's 40-Year Yield hits 4.41%, the highest level in history.


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Berkshire Hathaway shares have lagged the S&P 500 since Warren Buffett stepped down as CEO in May this year, with the gap now at a record 44%.


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🇺🇸 OpenAI and CEO Sam Altman found not liable in Elon Musk lawsuit.


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Meta plans to cut 20% of its global workforce and shift 7,000 employees to AI initiatives as part of a major restructuring set for May 20, per Reuters.


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PlayStation is increasing the price of PlayStation Plus for new subscribers starting May 20.

1-month subscription: $10.99 USD (+$1)
3-month subscription: $27.99 USD (+$3)


💪 t.me/FinancialWorldUpdates

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🇯🇵 Japan’s economy grew by 0.5% in the first quarter of 2026, beating expectations and the strongest growth since 2024.


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Standard Chartered says to slash jobs due to AI


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Trump said the US may have to give Iran another hit and a decision on action is coming soon, adding the public will know very soon if another big hit is needed.

He also said the US will help Cuba and thinks a diplomatic deal can be reached, but he does not know about changing Cuba's regime.


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OpenAI co-founder Andrej Karpathy joins Anthropic.


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🇺🇸🇨🇳 US and China agree to launch "government-to-government dialogue on AI."


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🇺🇸 President Trump says the rise in gas prices is "peanuts" and "very temporary."


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Polymarket partners with Nasdaq Private Market allowing users to trade private companies.


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Trump Discloses Stashes in Coinbase, Strategy, and NVIDIA

New US government documents reveal multiple crypto-related trades by the Trump family.

Their investments span across top miners like MARA, tech leaders, and traditional giants like Boeing.


💪 t.me/FinancialWorldUpdates

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🇺🇸 US Vice President JD Vance says President Trump is not personally making stock trades.


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🇺🇸🇮🇷 US seizes Iran-linked tanker carrying over 1 million barrels of crude oil.


@PoliticFinance 🥻