🚨🔔🇷🇺 The era of the "gray" cryptocurrency market in Russia has officially ended. With the new law on "Digital Currency," banks and tax authorities now hold the power to audit any crypto transactions. Hiding behind others' cards and hoping for leniency is no longer an option, as administrative and criminal penalties loom. On July 23 at 8 PM, a live broadcast featuring lawyer Mikhail Uspensky will dissect the new regulations, covering taxes, legal platforms, and updated crypto guidelines. Better to listen to the experts than face hefty fines. Register here 👉 REGISTER
🎨 Hunter Biden is attempting to sell his paintings for $54,000, according to the New York Post. The artworks have generated significant attention, reflecting both his artistic ambitions and the ongoing public interest in his personal life. For more details, visit the NYP article here.
🇺🇸 OpenAI has raised its forecast for cloud technology spending to $750 billion by 2030. The company anticipates significant growth in this sector, reflecting the increasing demand for advanced technological solutions. This adjustment underscores the importance of cloud infrastructure in driving innovation and efficiency across various industries. For more details, visit OpenAI.
⚠️ Upcoming Events
Russia will release its industrial production data for June at 19:00 Moscow time. Additionally, the consumer price index (CPI) for the week will also be announced at the same time.
Russia will release its industrial production data for June at 19:00 Moscow time. Additionally, the consumer price index (CPI) for the week will also be announced at the same time.
🇺🇸🇲🇱 The Trump administration is considering military options in Mali, according to the Washington Post.
❗️🇺🇦 President Zelensky discussed with Whitcoff and Kushner ideas for renewing diplomatic efforts aimed at ending the war, according to AXIOS.
🚨🔍🇺🇸 Republicans in the Senate have amended the CLARITY Act, introducing the first restrictions on how U.S. presidents can profit from cryptocurrencies. The revised bill prohibits presidents and other federal officials from issuing or sponsoring cryptocurrencies and other digital assets. For more details, visit CNBC.
🇬🇧 The valuation of Revolut has surged to $115 billion, according to the Wall Street Journal.
🚗 Porsche plans to cut between 5,000 and 6,000 jobs by 2035, according to Bild. The automaker is making these changes as part of its strategy to adapt to evolving market demands and increase efficiency.
🚫🛢 The Islamic Revolutionary Guard Corps (IRGC) has warned shipping companies about the mining of the southern route of the Hormuz Strait.
🇺🇸🇨🇳 Nvidia CEO Jensen Huang believes there is no reason for the United States to fear China's open-source AI models. Huang stated that there is no scenario in which China would displace American AI companies.
🌟 The cryptocurrency sector in the United States supports 34,000 jobs and generates $55 billion annually, according to the National Cryptocurrency Association of the USA.
🚨 Upcoming Earnings Reports
Alphabet Inc. (GOOGL) is set to release its earnings at 23:00 MSK, followed by Texas Instruments (TXN) at the same time. Tesla (TSLA) will report at 23:05 MSK, while ServiceNow (NOW) and IBM (IBM) are scheduled for 23:10 MSK. QuantumScape (QS) will announce its results at 23:15 MSK, and Southwest Airlines (LUV) will close the earnings lineup at 23:20 MSK.
Alphabet Inc. (GOOGL) is set to release its earnings at 23:00 MSK, followed by Texas Instruments (TXN) at the same time. Tesla (TSLA) will report at 23:05 MSK, while ServiceNow (NOW) and IBM (IBM) are scheduled for 23:10 MSK. QuantumScape (QS) will announce its results at 23:15 MSK, and Southwest Airlines (LUV) will close the earnings lineup at 23:20 MSK.