Ferrari fell 7% after unveiling its first fully electric car the Elettrica.
The car was designed with input from $AAPL former design chief Jony Ive who was best known for shaping the iPhone.
The car was designed with input from $AAPL former design chief Jony Ive who was best known for shaping the iPhone.
JUST IN: OpenAI is no longer projected to IPO by the end of September.
BREAKING: Strategy just spent $1.38 billion, nearly 61% of its entire cash reserves to buy back its own debt at a discount.
Strategy borrowed money years ago by issuing convertible notes due in 2029.
Strategy borrowed money years ago by issuing convertible notes due in 2029.
Strategy now has roughly $871 million in cash left.
A company that holds 843,738 Bitcoin worth $64.8 billion just spent nearly 61% of its liquid cash cushion on a debt cleanup.
If Bitcoin drops sharply, their margin situation tightens and that $871 million buffer is all that stands between them and a forced sale of Bitcoin holdings.
This is either very disciplined financial management or a very thin safety net. Depends entirely on where Bitcoin goes next.
A company that holds 843,738 Bitcoin worth $64.8 billion just spent nearly 61% of its liquid cash cushion on a debt cleanup.
If Bitcoin drops sharply, their margin situation tightens and that $871 million buffer is all that stands between them and a forced sale of Bitcoin holdings.
This is either very disciplined financial management or a very thin safety net. Depends entirely on where Bitcoin goes next.
THIS IS ABSOLUTELY INSANE.
If you invested $100,000 in Micron in April 2025, youβd be sitting on nearly $1.6 million today.
$MU is up almost 1,500% in just the last 13 months.
If you invested $100,000 in Micron in April 2025, youβd be sitting on nearly $1.6 million today.
$MU is up almost 1,500% in just the last 13 months.
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Because of this double blow, the economy is shrinking. New numbers show GDP fell 0.1% in the first quarter of this year, right after a 1% drop at the end of last year.
Experts did not see this coming at all, they expected the economy to grow by 1.5%. Instead, three out of the last four quarters have been negative.
Experts did not see this coming at all, they expected the economy to grow by 1.5%. Instead, three out of the last four quarters have been negative.
πππΎπ-πππ½ππππ πΏπππππππ¦π²
Because of this double blow, the economy is shrinking. New numbers show GDP fell 0.1% in the first quarter of this year, right after a 1% drop at the end of last year. Experts did not see this coming at all, they expected the economy to grow by 1.5%. Insteadβ¦
The car industry is taking the worst hit. Sales of cars and trucks to other countries are dropping fast because the new US tariffs are choking the supply lines.
At the same time, the conflict in Iran is making oil and energy way more expensive. Because running a business is costing much more now, companies cut their investments by 0.7%. This is the fifth quarter in a row that business spending has gone down.
Regular workers are feeling the pain directly.
The economy lost 18,000 jobs in April alone, pushing the unemployment rate to a 6-month high. With both conflicts getting worse, there is no quick fix in sight.
At the same time, the conflict in Iran is making oil and energy way more expensive. Because running a business is costing much more now, companies cut their investments by 0.7%. This is the fifth quarter in a row that business spending has gone down.
Regular workers are feeling the pain directly.
The economy lost 18,000 jobs in April alone, pushing the unemployment rate to a 6-month high. With both conflicts getting worse, there is no quick fix in sight.
BREAKING: Trump announces proposed terms for a US-Iran deal.
Key terms outlined by Trump:
Key terms outlined by Trump:
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- Iran must agree to never develop a nuclear weapon
- The Strait of Hormuz must immediately reopen with unrestricted shipping and no tolls
- All water mines must be removed or detonated
- Iran will coordinate mine removal with the US and IAEA
- Iran's buried enriched uranium will be unearthed and destroyed by the US and China, which Trump says are the only countries capable of doing so
- No money will be exchanged until further notice
- Ships trapped in the Strait may begin heading home
Trump says he is heading to the Situation Room to make a final determination.
- The Strait of Hormuz must immediately reopen with unrestricted shipping and no tolls
- All water mines must be removed or detonated
- Iran will coordinate mine removal with the US and IAEA
- Iran's buried enriched uranium will be unearthed and destroyed by the US and China, which Trump says are the only countries capable of doing so
- No money will be exchanged until further notice
- Ships trapped in the Strait may begin heading home
Trump says he is heading to the Situation Room to make a final determination.
π₯±1
BREAKING: South Koreaβs KOSPI hit new all-time high and crossed 8,750 for the first time in HISTORY.
The index is now up +106% in 2026, adding β©3,150,000,000,000,000 ($2.3 TRILLION) in market value.
The index is now up +106% in 2026, adding β©3,150,000,000,000,000 ($2.3 TRILLION) in market value.
π¨Michael Burry just said Elon Musk and Nvidia's deal is built on fake numbers.
Burry published a detailed breakdown calling the entire structure "Fugazi", his word for fake.
He is alleging that billions of dollars in Nvidia chips are being hidden off balance sheets, and that American retirees are unknowingly funding the whole thing.
Nvidia, the world's largest AI chip company sold $5.4 billion worth of its most advanced GPUs, the GB200, to a company called Valor.
Burry published a detailed breakdown calling the entire structure "Fugazi", his word for fake.
He is alleging that billions of dollars in Nvidia chips are being hidden off balance sheets, and that American retirees are unknowingly funding the whole thing.
Nvidia, the world's largest AI chip company sold $5.4 billion worth of its most advanced GPUs, the GB200, to a company called Valor.