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🇨🇳 Chinese memory giant CXMT targets $4.3 billion IPO, largest-ever on Shanghai’s STAR Market.


💪 @FinancialWorldUpdates

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Elon Musk says SpaceX $SPCX will be worth more than Earth if it accomplishes its goals.


💪 @FinancialWorldUpdates

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🇺🇸 President Trump fires all Democratic members of the US Election Assistance Commission.


💪 @FinancialWorldUpdates

🐈 Berkshire Hathaway is now sitting on an all-time high $397 Billion in Cash, enough to buy 474 companies in the S&P 500.


💪 @FinancialWorldUpdates

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🇺🇸 Bank of America sees a major shift in where AI money is flowing

According to the bank, free cash flow is shrinking for hyperscalers like Amazon, Google, Meta, and Microsoft, while chipmakers are seeing the opposite trend as demand for AI hardware keeps surging.

In simple terms, the AI boom is increasingly transferring profits from the companies building data centers to the companies selling them the hardware.

For investors, it highlights an important trend: the biggest winners in AI may no longer be the platform builders—but the ones supplying the picks and shovels.

💪 @FinancialWorldUpdates

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🇺🇸🇮🇷 IEA says US-Iran war restarting could trigger another global oil shortage.


💪 @FinancialWorldUpdates

The odds of inflation rising above 4.5% in 2026 have dropped to a new low of 19%.

Only 7 weeks ago, the chance was 85%. Inflation expectations continue to decline.


💪 @FinancialWorldUpdates

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OpenAI and Google Sell Advanced AI Models to Blacklisted Chinese Tech Giants

The two American companies have been supplying advanced AI models to Singapore-based units of blacklisted Chinese tech firms, including Alibaba, Baidu, and Tencent.


💪 @FinancialWorldUpdates

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🇮🇷 The IEA says global oil demand is set to decline in 2026 for the first time since the COVID-19 pandemic, citing disruptions caused by the Iran war.


💪 @FinancialWorldUpdates

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UK has designated Microsoft, Google Cloud, AWS and Oracle as “critical third parties” to its financial sector, placing them under direct regulatory oversight from July 13.

The move reflects concern that a cyberattack or outage at one major cloud provider could disrupt multiple banks, insurers and financial-market firms at once.

They will face resilience testing, regular assessments and incident-reporting requirements overseen by UK financial regulators.


💪 @FinancialWorldUpdates

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🇮🇷🇺🇸 More ships are passing through the Strait of Hormuz despite renewed strikes between Iran and the United States.


💪 @FinancialWorldUpdates

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Microsoft lays off 1,600 Xbox employees and gains approval for more than 2,000 H-1B visas to hire foreign workers.


💪 @FinancialWorldUpdates

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🌐 GenLayer leads 27-firm coalition to build AI agent dispute court

The GenLayer Foundation is leading a 27-firm consortium to build the "Internet Court" — a dedicated protocol for resolving disputes between AI agents operating autonomously on-chain.

The coalition includes OKX, MetaMask, and Matter Labs. The protocol targets AI-driven payments, escrow, and conflict resolution, aiming to make these functions interoperable across Web3 infrastructure. The initiative addresses a growing gap: as AI agents transact and commit funds without human approval, no standard mechanism exists to handle defaults or disputes.

The Internet Court is positioned as foundational infrastructure for autonomous agent commerce — a segment gaining traction as AI-native applications expand across DeFi and Web3.


💪 @FinancialWorldUpdates

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Berkshire Hathaway's cash reserves hit an all-time high of $397,000,000,000.


💪 @FinancialWorldUpdates

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🇺🇸 Polymarket files to offer margin trading in the United States.


💪 @FinancialWorldUpdates

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🇪🇺 Pavel Durov says procedural tricks once linked to banana republics are now being used in the EU to pass surveillance laws.


💪 @FinancialWorldUpdates

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🇺🇸 US CBDC ban becomes law through 2030 after Trump skips signing the bill.


💪 @FinancialWorldUpdates

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🇨🇳 China orders oil refineries to keep fuel output high due to Iran war.


💪 @FinancialWorldUpdates