Financial World Updates
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China accused the United States at the United Nations on Tuesday of taking the Middle East to โ€œa dangerous precipiceโ€ with its war against Iran


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๐Ÿ‡บ๐Ÿ‡ธ US issues $81 billion in tariff refunds.


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๐Ÿ‡บ๐Ÿ‡ธ Treasury Secretary Scott Bessent says all gold at Fort Knox is present and accounted for, with U.S. gold reserves now worth over $1 TRILLION.


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๐Ÿ‡ฎ๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡ธ Iran threatens to close additional energy routes if US continues its blockade in the Strait of Hormuz.

"Energy exports will be for everyone or for no one."


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Stripe and Advent offer $53 BILLION to buy PayPal.


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SK Hynix is now trading at a 50% premium in the US and the stock is up 24% today.

SK Hynix is a key supplier of HBM chips for Nvidia's GPUs and markets are betting on easing of chip restrictions and shipments to China.


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Lucid Lost 58%... Then Surged 93% In Minutes

Lucid ($LCID) had a wild trading session after reports claimed the company was working with restructuring advisers and considering bankruptcy or going private.

The stock collapsed 58% within minutes, then rebounded 93% from the lows.

The company neither confirmed nor denied the reports, leaving only speculation.

Such moves create opportunities but raise serious questions.

If the rumor was false, regulators will likely examine whether the market was manipulated. If true, they'll investigate whether anyone traded on material non-public information before it became public.

Either way, millions of dollars changed hands in minutes, and today's trading activity will almost certainly attract regulatory attention.


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๐Ÿ‡บ๐Ÿ‡ธ US House passes bill to make daylight saving time permanent, ending twice-yearly clock changes.


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๐Ÿ‡บ๐Ÿ‡ธ US PPI falls to 5.5%, lower than expectations.


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๐Ÿ‡บ๐Ÿ‡ธ JPMorgan, Goldman Sachs, BlackRock, Vanguard, and NYSE to participate in trial tokenizing US stocks and Treasuries.


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Financial World Updates
โš ๏ธโš ๏ธโš ๏ธโš ๏ธ ๐Ÿ‡บ๐Ÿ‡ธ US PPI falls to 5.5%, lower than expectations. ๐Ÿ’ช @FinancialWorldUpdates
Core PPI Inflation dropped to 4.7%, under the anticipated 5.2%.

Month-over-month PPI inflation declined by 0.3%, marking the largest drop since April 2025.

The chances of rate hikes are decreasing further.


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๐Ÿ‡ฎ๐Ÿ‡ถ President Trump says the U.S. will strike โ€œa lot of dealsโ€ with Iraq and that American companies will expand oil production in the country.


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Warren Buffett cuts off donations to the Gates Foundation following revelations about Bill Gates' interactions with Jeffrey Epstein.


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JPMorgan tokenizes the Invesco QQQ Trust, converting the ETF into a real-world asset token.


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Japanese retail traders have built the largest U.S. dollar short position since the Global Financial Crisis.


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๐Ÿ‡บ๐Ÿ‡ธ Foreign Investors raised U.S. Treasury holdings to $9.37 trillion, the second-largest total in history.


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๐Ÿ‡จ๐Ÿ‡ณ Chinaโ€™s economy slowed in the second quarter of this year, expanding at a 4.3% annualized pace.


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๐Ÿ‡บ๐Ÿ‡ธ U.S. debt now exceeds 100% of GDP for the first time since World War II.


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