💥🇺🇸 Apple launches an Upgrade program in the U.S., allowing customers to rent devices to boost sales. The initiative will be available for most models of iPhone, Mac, iPad, and Apple Watch.
🚨 The United States reported a trade balance for June at -$101.5 billion, slightly worse than the expected -$100.3 billion and an improvement from the previous -$105.89 billion.
⚠️🇺🇸 Bank of America expects the Federal Reserve to keep rates unchanged at its meeting on July 29.
🇺🇸 Visa plans to lay off 7% of its workforce as part of a strategic restructuring. The decision reflects the company's efforts to streamline operations and adapt to changing market conditions. This move is expected to impact various departments and aims to enhance overall efficiency. Further details on the layoffs and the company's future plans are anticipated in the coming weeks.
🚫🛢🇰🇼 The Kuwaiti oil company has halted part of its refinery in Al-Zour, with a capacity of 615,000 barrels per day, due to a power outage. Full recovery of the refinery's operations is expected by August 10.
⚠️ Former President Donald Trump has expressed support for Israel's involvement in military operations against Iran, according to FOX News. Trump stated that the U.S. holds a strong position and that now is the ideal time for Iran to strike a deal, emphasizing that there is no intention to attack bridges or power plants. He warned that if an agreement is not reached, the U.S. will "finish" its work.
🛢🇺🇸 Trump claims that it is not Iran, but the United States that controls the Strait of Hormuz.
🇺🇸 Trump stated that new tariffs will not harm the economy, claiming they have saved General Motors. Meanwhile, Toyota is building a factory in the U.S. to avoid these tariffs.
⚠️🇮🇷 A recent survey by Reuters and Ipsos reveals that 62% of Americans do not support a war with Iran. Despite this, former President Donald Trump claims that Americans are not opposed to military action. The contrasting views highlight a significant divide in public opinion regarding U.S. engagement in geopolitical conflicts. For more details, visit Reuters and Ipsos.
🚨 The S&P Case-Shiller Index in the United States reported a year-over-year increase of 1.6% for May, surpassing expectations of 1.3% and a previous figure of 1.2%.
🏠 Apple is set to launch smart home devices featuring its AI assistant, Siri. This move aims to enhance the functionality and interconnectivity of home automation, allowing users to control various aspects of their living environment seamlessly. The introduction of these devices is expected to strengthen Apple's position in the smart home market. For more information, visit Apple's official site.
🛢🇷🇺 Russian refinery in Kirishi is preparing to resume operations following recent attacks, according to RTRS. In Russia, refineries are experiencing shutdowns and restarts, as monitored by industry sources.
🚨 Russia is expected to meet its lithium needs independently within the next 4 to 7 years, according to Rosnedra. The country aims to enhance its production capabilities to secure a stable supply of this critical resource. The move is part of a broader strategy to strengthen domestic industries reliant on lithium for various applications.
🚨 Short-term holders continue to sell BTC at a loss, according to data from CryptoQuant. Despite market fluctuations, this trend shows no signs of slowing down as investors seek to cut their losses. For more details, visit CryptoQuant.
⚠️🇪🇺🇷🇺 The European Union is set to impose sanctions on 1,600 companies for aiding Russia, according to BBG.