Speculators raised short positions in the yen to near-record levels, says CFTC. Bank of Japan vows strong action.


💪 @FinancialWorldUpdates

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."


💪 @FinancialWorldUpdates

👇👇👇⚠️

$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.


💪 @FinancialWorldUpdates

👇👇👇⚠️

🇭🇰 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.


💪 @FinancialWorldUpdates

🐈 Last 2 year performance:

S&P 500: +34%
Gold: +75%
NVDA: +69%



💪 @FinancialWorldUpdates

👇👇👇⚠️

🇨🇦🇺🇸 Canada unveils plans for oil pipeline to Asia to become an "energy superpower" and break dependence on US.


💪 @FinancialWorldUpdates

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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.


💪 @FinancialWorldUpdates

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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.


💪 @FinancialWorldUpdates

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.


💪 @FinancialWorldUpdates

🔍🔍🔍🔍🔍

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 $64K–66K.

Ethereum displays relative strength; breaking $1,700 could lead to $1,800.


💪 @FinancialWorldUpdates

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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.


💪 @FinancialWorldUpdates

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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.

💪 @FinancialWorldUpdates

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:

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.


💪 @FinancialWorldUpdates

Over 100 countries are expected to attend the state funeral of former Iranian Supreme Leader Ali Khamenei, according to Iranian state broadcaster IRIB.

Iranian media also report that Iran's current Supreme Leader, Mojtaba Khamenei, will not attend due to security concerns following recent Israeli threats against him. Meanwhile, an Iranian military commander warned the United States and Israel against launching any attack on Iran during the funeral ceremonies.

Confirmed countries and delegations attending the funeral as of now:

🇦🇫 Afghanistan – Taliban leadership delegation
🇦🇲 Armenia – Prime Minister Nikol Pashinyan
🇦🇿 Azerbaijan – Speaker of Parliament
🇧🇩 Bangladesh – Speaker of Parliament
🇧🇾 Belarus – Official delegation
🇨🇳 China – Senior parliamentary delegation
🇬🇪 Georgia – President Mikheil Kavelashvili
🇮🇳 India – High-level government delegation
🇮🇶 Iraq – President Abdul Latif Rashid and Iraqi resistance delegations
🇰🇿 Kazakhstan – Presidential delegation
🇰🇬 Kyrgyzstan – Presidential delegation
🇱🇧 Lebanon – Defence Minister, Amal Movement, Hezbollah representatives, and the family of Hassan Nasrallah
🇳🇦 Namibia – Official delegation
🇰🇵 North Korea – Official delegation
🇴🇲 Oman – Official delegation
🇵🇰 Pakistan – Prime Minister Shehbaz Sharif
🇵🇸 Palestine – Popular Front for the Liberation of Palestine (PFLP) delegation
🇶🇦 Qatar – Speaker of Parliament
🇷🇺 Russia – Senior government delegation
🇰🇷 South Korea – Official delegation
🇹🇯 Tajikistan – President Emomali Rahmon
🇹🇲 Turkmenistan – National delegation
🇹🇷 Türkiye – Vice President and delegation
🇺🇿 Uzbekistan – Presidential delegation
🇾🇪 Yemen – Official delegation

@PoliticFinance 🥻

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🇮🇳 The Reserve Bank of India (RBI) backs crypto ‘containment’ and keeps ban on table - Economic Times.


💪 @FinancialWorldUpdates

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OpenAI Offered US Government 5% Stake

OpenAI reportedly offered Trump's administration a 5% stake in the company to reduce political risks and "share AI benefits with society," according to Financial Times.

The stake was intended to be placed in a special fund similar to the Alaska Permanent Fund. With OpenAI valued at $852 billion, this share would be worth about $42.6 billion.


💪 @FinancialWorldUpdates

👇👇👇⚠️

🇺🇦 NATO allies to pledge $80 billion in military aid to Ukraine.


💪 @FinancialWorldUpdates

👇👇👇⚠️

🇺🇸 SEC Chair Paul Atkins says the agency is taking "historic steps" to move U.S. markets onchain.


💪 @FinancialWorldUpdates

👇👇👇⚠️

🇺🇸 Markets are pricing in an 82.4% probability that the Fed keeps rates unchanged at its July meeting.


💪 @FinancialWorldUpdates

Retail traders trying to trade against smart money.


💪 @FinancialWorldUpdates

👇👇👇⚠️

🇺🇸 US national debt hits a record $39.4 trillion.


💪 @FinancialWorldUpdates