🇺🇸 UPDATE: The U.S. economy grew at a 2.0% annual rate in Q1 2024 — slightly below the projected 2.2%.
Source: BEA
#US_Economy #GDP #EconomicGrowth

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🚨 UPDATE: Meta Platforms' shares dropped nearly 10% following reports of a major surge in AI investment—now projected at $125–145B—alongside plans to raise $20–25B in debt. The bold strategy has sparked investor concerns over the company’s long-term profitability.

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🔥 UPDATE: The S&P 500 closed at a record 7,200, posting its strongest monthly gain since 2020.

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🚨 ALERT: AI-powered investments drove nearly 75% of U.S. GDP growth in Q1, even as personal savings dipped to a three-year low. Total economic output rose at a 2.0% annualized rate.

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🚨 HUGE: U.S. debt has exceeded 100% of GDP for the first time since World War II.

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🇺🇸 Today: Senate Majority Leader Thune files cloture on Kevin Warsh’s nomination to serve as Federal Reserve Chair for a four-year term.

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🇺🇸 NEW: Senate Banking Committee Chair Tim Scott anticipates the CLARITY Act will reach the President’s desk this summer. More updates soon. #ClarityAct #USCongress

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🇨🇳 NEW: A Chinese court has declared it unlawful for companies to lay off employees and replace them with AI solely to cut costs.

This groundbreaking ruling follows the case of a tech worker who was terminated and later replaced by a large language model, reported by Xinhua.

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🔥 JUST IN: The Pentagon has finalized deals with OpenAI, Google, SpaceX, Microsoft, Amazon, Nvidia, and Reflection AI to integrate AI models into secure, classified environments.

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🔥 BULLISH: U.S. spot Bitcoin ETFs pulled in $1.97 billion last month — their strongest April to date and the biggest monthly inflow recorded so far in 2026.

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🇺🇸 JUST IN: U.S. stock market gains $400 billion in market cap at open.

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🇺🇸 LATEST: SEC Chair Paul Atkins said his first year has been centered on rebuilding trust, bringing clarity, and strengthening investor protection at the agency—with more reforms on the horizon.

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⚡️ BREAKING: The Ethereum Foundation has offloaded 10,000 $ETH through an over-the-counter deal at an average rate of $2,292.15, with Bitmine acting as the counterparty.

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⚡️ BREAKING: MoonPay unveils the MoonAgents Card — a Mastercard-powered solution enabling AI agents to spend stablecoins directly from on-chain wallets, instantly and in real time.

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🚨 BREAKING: Spirit Airlines is gearing up to cease operations after a proposed $500M government bailout failed, according to the Wall Street Journal.

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🔥 BIG: GameStop ($GME) is gearing up to make a bid for eBay, according to the WSJ.

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🚨 BREAKING: Coinbase announces a crucial agreement has been reached on a central provision of a major U.S. cryptocurrency bill.

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🇺🇸 INTERESTING: Cryptocurrencies now make up nearly 33% of Trump's net worth—an increase of over 280% since he took office. Source: Reports suggest the surge is driven by blockchain-related ventures and shifting market dynamics. #CryptoNews #TrumpWealthValue

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