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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.


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


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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.


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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.


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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.


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💪 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

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NYSE parent ICE and OKX are partnering to launch Brent and WTI oil perpetual futures.


💪 t.me/FinancialWorldUpdates

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Traders now price Fed rate hikes starting as soon as October.


💪 t.me/FinancialWorldUpdates