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SpaceX disclosed owning 18,712 BTC bought in 2021, valued at about $1.3 billion ahead of its IPO.

The average purchase price was around $35,300, with a cost basis near $661 million, resulting in unrealized gains exceeding $600 million.


💪 t.me/FinancialWorldUpdates

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🇮🇹 Italy’s PM Giorgia Meloni seeks to lift the 40-year nuclear ban to boost energy security and reduce reliance on imported electricity.

Her government plans a summer legal framework for small modular reactors (SMRs). However, Italy remains divided due to the Chernobyl and Fukushima Daiichi disasters, which led to nuclear rejections in the 1987 and 2011 referendums.


💪 t.me/FinancialWorldUpdates

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Shares of Indian IT company Parle Industries rose 5% after investors confused it with the sweets maker Parle Products when Modi gifted candies to Italian Prime Minister Meloni.

The mix-up caused the wrong company's stock to jump following the gift exchange.


💪 t.me/FinancialWorldUpdates

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14 INDIAN VESSELS STRANDED IN STRAIT OF HORMUZ, INDIA GOVT OFFICIAL SAYS


💪 t.me/FinancialWorldUpdates

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The Trump administration plans to award $2B to quantum computing firms while taking equity stakes in the companies, per WSJ.


💪 t.me/FinancialWorldUpdates

Goldman Sachs' "risk appetite" indicator in risky assets is at a maximum level.


💪 t.me/FinancialWorldUpdates

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Türkiye slashed its US Treasury holdings from $16 billion to $1.8 billion in March.


@PoliticFinance 🥻

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BofA warns that the IPOs of SpaceX and Anthropic could mark the end of the bull market, with each company valued over $1 trillion.


💪 t.me/FinancialWorldUpdates

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🇺🇸🇮🇷 final draft of the US-Iran deal has been reached.


💪 t.me/FinancialWorldUpdates

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🇯🇵 Polymarket is seeking government approval to operate prediction markets in Japan by 2030, appointing a local representative to lobby for authorization.


💪 t.me/FinancialWorldUpdates

🐈 🇹🇷 Turkey liquidated almost all of its US Treasury holdings in March after the Iran War began.

Roughly $14.2 billion worth of US Treasuries were sold.


💪 t.me/FinancialWorldUpdates

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🇮🇳 Indian government is planning to ban #Kalshi and #Polymarket in India over prediction market concerns.

MeitY called these platforms “illegal” under Indian rules.


💪 t.me/FinancialWorldUpdates

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New college graduates are facing the toughest job market since the pandemic, with 42% reportedly underemployed.


💪 t.me/FinancialWorldUpdates

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Risk of recession could rival the global financial crisis if the Strait of Hormuz remains closed through summer, warns Rapidan Energy Group.


💪 t.me/FinancialWorldUpdates

💪 t.me/FinancialWorldUpdates

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Exxon Mobil is nearing a deal to resume oil production in Venezuela, nearly two decades after being expelled from the country.


@PoliticFinance 🥻

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🇺🇸 Hyundai Motor is recalling 421,078 vehicles in the United States due to a software error that may cause unintended braking, according to the National Highway Traffic Safety Administration (NHTSA).


💪 t.me/FinancialWorldUpdates

💯🖥🖥💯

🇮🇷 Iran's IRGC says 35 ships passed through the Strait of Hormuz with Tehran's permission in the last 24 hours.


@PoliticFinance 🥻

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🇹🇷 Following the court decision to oust CHP administration, the Istanbul Stock Exchange began experiencing one of its worst weekly declines since the 2008 global financial crisis.


💪 t.me/FinancialWorldUpdates

🐈 Market Overview

SPX: $7445
NASDAQ: $26293
DXY: $99

Gold: $4519
Silver: $75
Bitcoin: $77447

💪 t.me/FinancialWorldUpdates