๐บ๐ธ๐ฎ๐ท Next round of US-Iran talks to begin on July 18.
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Lebanese Economy Minister Amer Bisat says losses caused by the war since 2024 may exceed $16 billion.
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๐บ๐ธ US JOBLESS CLAIMS 215K IN JUNE 27 WEEK; EST. 220K
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Non-Farm Payrolls (NFP)
Actual: 49K
Forecast: 114K
Previous: 172K
Unemployment Rate
Actual: 4.2%
Forecast: 4.3%
Previous: 4.3%
Average Hourly Earnings
Actual: 0.3%
Forecast: 0.3%
Previous: 0.3%
Overall:
Short-term Bullish for crypto and risky assets.
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Massive pump in Gold and Silver.
$600 Billion added in just 10 MINUTES.
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๐ฎ๐ท Iran says it will respond to any US intervention in the Strait of Hormuz.
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๐บ๐ธ President Trump says Micron $MU is putting $250,000,000 into Trump Accounts for children.
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Speculators raised short positions in the yen to near-record levels, says CFTC. Bank of Japan vows strong action.
๐ช @FinancialWorldUpdates
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Wall Street analyst Mark Palmer just said live on CNBC that "Strategy $MSTR could surge to $570 by the end of this year if #Bitcoin reaches $95k."
"Strategy's capital structure is in a remarkably strong position if BTC price were to increase."
๐ช @FinancialWorldUpdates
"Strategy's capital structure is in a remarkably strong position if BTC price were to increase."
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$1,250,000,000,000 has now been wiped out from the US stock market in last 3 hours.
This is more than the entire market cap of Bitcoin.
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๐ญ๐ฐ Hong Kong to launch a long-awaited gold clearing and settlement system next week, aiming to become a major price-setter for the metal, SCMP reports.
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๐จ๐ฆ๐บ๐ธ Canada unveils plans for oil pipeline to Asia to become an "energy superpower" and break dependence on US.
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After Sony announced plans to discontinue PlayStation game discs, Xbox is reportedly testing a disc-to-digital feature that would allow users to digitize their physical game collections.
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Legendary investor Michael Burry, best known for predicting and profiting from the 2008 financial crisis, is now betting against the AI boom
Burry has reportedly taken short positions in Micron, Nvidia, and Applied Materials, arguing that their soaring valuations are being driven more by AI hype than by underlying fundamentals.
His move doesn't necessarily mean the AI trade is over, but it does signal that one of Wall Street's most famous contrarians believes optimism around AI chips may have gone too far.
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Bank of Japan intervened in the currency market to support the yen after USD/JPY hit a 40-year high of 162.84 and then plunged to 160.90 within hours.
The nearly 1.18% drop in a few hours is an unusual market move, following $72-73 billion spent on interventions in April and May.
๐ช @FinancialWorldUpdates
The nearly 1.18% drop in a few hours is an unusual market move, following $72-73 billion spent on interventions in April and May.
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Global stock market capitalization hit a record $166T, up $32T (+23.6%) yearly.
The Dow Jones rises while the S&P 500 stalls as investors shift to defensive sectors amid AI return doubts, potentially directing liquidity to crypto next. U.S. markets closed for Independence Day.
Bitcoin shows a bullish RSI divergence, signaling fading selling pressure and a potential rebound to $64Kโ66K.
Ethereum displays relative strength; breaking $1,700 could lead to $1,800.
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Anthropic to Shut Loopholes That Give Chinese Tech Giants Access to Claude AI
Anthropic is tightening its detection systems to block firms like Ant Financial and ByteDance, which have used VPNs and overseas subsidiaries to access its advanced AI models.
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Amazon Positioned to Launch Starlink Internet Rival After Reaching 396-Satellite Milestone.
Amazon is closing in on the commercial rollout of its satellite broadband network, recently rebranded as Amazon Leo (formerly Project Kuiper).
With 396 low-Earth orbit satellites now successfully deployed, the company has established the minimum infrastructure required to initiate beta services later this year.
The tech giant has committed over $10 billion to the program, aiming to scale the fleet past 3,200 satellites by 2029.
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The Biggest Wealth Gap Is Not Always Income
Two people can earn the same salary and end up in completely different financial positions.
Why?
Because money is not only about how much you make.
It is also about:
Most people focus only on income.
But real wealth is built through habits repeated for years:
Saving before spending.
Investing before showing off.
Avoiding bad debt.
Staying patient when markets get noisy.
Letting time do the heavy lifting.
The rich do not only buy assets because they have money.
They often have money because they kept buying assets.
Small decisions compound.
So do bad habits.
๐ช @FinancialWorldUpdates
Two people can earn the same salary and end up in completely different financial positions.
Why?
Because money is not only about how much you make.
It is also about:
How much you keep
How much you invest
How much debt you carry
How fast your lifestyle grows
How emotionally you react to markets
Most people focus only on income.
But real wealth is built through habits repeated for years:
Saving before spending.
Investing before showing off.
Avoiding bad debt.
Staying patient when markets get noisy.
Letting time do the heavy lifting.
The rich do not only buy assets because they have money.
They often have money because they kept buying assets.
Small decisions compound.
So do bad habits.
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