Financial World Updates
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๐Ÿ‡ซ๐Ÿ‡ท Pavel Durov says Telegram has โ€œnever disclosed a single byteโ€ of private messages to third parties, even as he continues to face multiple charges in France.

The statement reinforces Telegramโ€™s privacy stance while legal pressure on Durov remains ongoing.


@coininfo

#Telegram #PavelDurov #Privacy #Coininfo
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๐Ÿšจ Artificial intelligence is causing a net U.S. loss of 16,000 jobs per month, per Goldman Sachs.


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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia's rupiah falls to record low of 17,775 per US Dollar.


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๐Ÿ‡บ๐Ÿ‡ธ President Trump indicates he will sign bill making daylight saving time permanent.


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Taiwan's stock market overtook India ๐Ÿ‡ฎ๐Ÿ‡ณ in market cap, hitting $4.95 trillion driven by TSMC's rally.

This makes it the world's fifth largest market behind the US, China, Japan, and Hong Kong.


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๐Ÿ‡ฎ๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡ธ US says Iran war negotiations are now down to disagreements over a few words and sentences.


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AI may displace human labor on a "very large scale," said Anthropic co-founder Olah.


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Australia, India, Japan and the US agreed to jointly build a port in Fiji and signed pacts covering critical minerals and energy security, as they sought to inject fresh energy into the grouping


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NetBlocks says internet access is gradually returning in Iran after an 88-day nationwide blackout.


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US consumer confidence rises to 93.1 in May, beating the 92.0 estimate.


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๐Ÿšจ Micron stock, $MU, officially hits $1 trillion in market cap for the first time in history.

12 months ago, this stock was worth just $70 billion.


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๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿšจ UK Sanctions Huobi Global Exchnage.


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American Airlines $AAL rises over 7% after announcing it will install Elon Musk's Starlink Wi-Fi to its airplanes.


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JPMorgan says S&P 500 could hit 9,000 next year.


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Asia markets rise on US-Iran deal optimism as AI-tech stocks surge-CNBC


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Nvidia CEO Jensen Huang calls Taiwan the "epicentre" of the AI revolution and the world's technology manufacturing hub for years to come.


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Anduril Founder Palmer Luckey on China:

Can we outmanufacture them? No.

But we don't need to outmanufacture them to make a Taiwan invasion infeasible.

There's a world where they have a hundred times more ballistic missiles than us and we still have enough between us and our allies to deny them access to Taiwan.

If they take Taiwan, history and the words out of Xi Jinping's own mouth show they're immediately going to hop over to Okinawa, part of the Philippines, maybe part of Vietnam.

Xi Jinping is going out saying, 'I was in our national archives reading about the Ryuku Islands โ€” 650 years ago they sent a gift to us, that means they're a tributary state.'

He's not saying this because he loves wandering the national archives.

They are constructing a national narrative that would allow them to convince their people to start with Taiwan and end with a lot of our Pacific allies.




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Ferrari EV Sparks Sharp Criticism and Stock Drop

Ferrari's upcoming electric Luce, priced at $645,000, faces harsh criticism from former chairman Montezemolo, who warned it could damage the brand's legacy.

He said, "I cannot say what I really think: I would harm Ferrari. We risk destroying the legend. Very sad. Remove the prancing horse emblem."

The launch caused Ferrari's shares to drop 8.5% in one day.

The Nissan Leaf costs $35,000.


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โ‚ฌ34B Banca Sella becomes the first Italian bank able to offer crypto-related services.


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