🇬🇧 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.
🛢 Former President Donald Trump predicts a decline in oil prices. He expressed confidence that market conditions will lead to lower costs, impacting global economic dynamics. Trump's remarks come amid ongoing discussions about energy policies and their implications for consumers and businesses alike. For more details, visit this link.
🚀 Tesla did not make any changes to its Bitcoin holdings in the second quarter of 2026. The company continues to hold its BTC on the balance sheet without any adjustments. For more details, visit Tesla's website.
🚀 Recent insights from Santiment reveal that crypto projects within the tokenization sector (RWA) are currently experiencing the highest developer activity. Bitwise reports that tokenization is becoming a reality, with real assets like stocks and bonds transitioning to blockchain technology. This sector is projected to become a multi-trillion-dollar industry in the future. According to the CEO of BlackRock, the next big wave in cryptocurrency will be asset tokenization, as stated in December 2022.
⚠️🇮🇷 The U.S. military is deploying special forces, fighter jets, and bombers to the Middle East as President Trump contemplates escalating the conflict with Iran following attacks that resulted in American soldier fatalities, according to the Wall Street Journal.
⚠️🇺🇸 Trump's deal with China regarding Boeing is under pressure, according to Politico.