*TRUMP MEDIA ANNOUNCES $2.5B BITCOIN TREASURY DEAL
*TRUMP MEDIA TO ISSUE $1.5B COMMON STOCK, $1B CONVERTIBLE NOTES
*TRUMP MEDIA TO ISSUE $1.5B COMMON STOCK, $1B CONVERTIBLE NOTES
Myspyoptions
#CRWD $443, Buying 50% here and 50% at $403 target $520, $595 and $649 stop loss below $391
#CRWD now $473, booked 50% here and rest wait till $520+ with modified stop loss of $431
👏1
Myspyoptions
#FIX $448, Buying 50% here and 50% at $398 target $570, $670 and $770 stop loss below $374
#FIX is now $485. Modifying stop loss below $424
Myspyoptions
#CRWD $464
May take some time but uur leaps has to print, no other option.... 😃
❤28🔥26👍20👏2🥰1
Myspyoptions
image_2025-05-09_21-21-07.png
#ICE $178.85 momentum started, heading towards $195, $225 and $255
👍4
Telegram and Musk's xAI have agreed to a 1-year partnership to distribute Grok AI to Telegram users and integrate it into its apps.
*Telegram will receive $300M in cash and equity from xAI, plus 50% of revenue from xAI subscriptions sold via Telegram.
*Telegram will receive $300M in cash and equity from xAI, plus 50% of revenue from xAI subscriptions sold via Telegram.
HASSETT: JUDGES' DECISION ON TARIFFS WILL BE OVERTURNED: BBG
HASSETT: ADMIN WILL SEE WHAT HAPPENS ON APPEAL TO TARIFF RULING
Major News ICYMI:
*Trump has suspended some sales to China of critical U.S. technologies, including those related to jet engines, semiconductors and certain chemicals and machinery. The move is a response to China’s recent restrictions on exports of critical minerals to the United States: NYT
*Trump erupted on a reporter for asking him about "TACO," a new term flying around Wall Street that stands for "Trump Always Chickens Out." Trump was furious when the reporter asked about the term, said he considered it one of the nastiest questions imaginable
and insisted that he was no chicken: NYT
*U.S. Secretary of State Marco Rubio announced on Wednesday the United States will start "aggressively" revoking visas of Chinese students, including those with connections to the Chinese Communist Party or studying in critical fields: RTRS
*A U.S. Court of International Trade blocked the tariffs the Trump administration imposed under the IEEPA but it does not affect sectoral tariffs. The ruling gives the administration 10 days to halt tariff collection. The Trump administration has already filed an appeal to the US Court of Appeals for the Federal Circuit, which could then be appealed again to the Supreme Court.
*Goldman Sachs says Tariffs Blocked by Court is Nothingburger
*Goldman: Trump administration can impose an across-the-board tariff and country-specific tariffs under other legal authorities (e.g., Sec. 122 and Sec. 301) this ruling represents a setback for the administration's tariff plans and increases uncertainty but might not change the final outcome for most major US trading partners.
*The administration could quickly replace the 10% across-the-board tariff with a similar tariff of up to 15% under Sec. 122. Those tariffs would last for only up to 150 days, after which the law requires Congressional action to extend.
*Sec. 232 tariffs, which President Trump has already used for steel, aluminum, and autos, could be broadened to cover other sectors. We already expect additional sectoral tariffs (pharmaceuticals, semiconductors/electronics, etc) and uncertainty regarding the IEEPA-based tariffs could lead the White House to put more emphasis on sectoral tariffs, where there is much less legal uncertainty: GS
*In conclusion, the bulk of Trump's tariffs - which clearly are now targeting just a handful of trading partners such as China, EU and Japan - can and most likely will stay, even if SCOTUS does not void the trade court ruling on appeal: GS
HASSETT: ADMIN WILL SEE WHAT HAPPENS ON APPEAL TO TARIFF RULING
Major News ICYMI:
*Trump has suspended some sales to China of critical U.S. technologies, including those related to jet engines, semiconductors and certain chemicals and machinery. The move is a response to China’s recent restrictions on exports of critical minerals to the United States: NYT
*Trump erupted on a reporter for asking him about "TACO," a new term flying around Wall Street that stands for "Trump Always Chickens Out." Trump was furious when the reporter asked about the term, said he considered it one of the nastiest questions imaginable
"Don't ever say what you said. That's a nasty question."
and insisted that he was no chicken: NYT
*U.S. Secretary of State Marco Rubio announced on Wednesday the United States will start "aggressively" revoking visas of Chinese students, including those with connections to the Chinese Communist Party or studying in critical fields: RTRS
*A U.S. Court of International Trade blocked the tariffs the Trump administration imposed under the IEEPA but it does not affect sectoral tariffs. The ruling gives the administration 10 days to halt tariff collection. The Trump administration has already filed an appeal to the US Court of Appeals for the Federal Circuit, which could then be appealed again to the Supreme Court.
*Goldman Sachs says Tariffs Blocked by Court is Nothingburger
*Goldman: Trump administration can impose an across-the-board tariff and country-specific tariffs under other legal authorities (e.g., Sec. 122 and Sec. 301) this ruling represents a setback for the administration's tariff plans and increases uncertainty but might not change the final outcome for most major US trading partners.
*The administration could quickly replace the 10% across-the-board tariff with a similar tariff of up to 15% under Sec. 122. Those tariffs would last for only up to 150 days, after which the law requires Congressional action to extend.
*Sec. 232 tariffs, which President Trump has already used for steel, aluminum, and autos, could be broadened to cover other sectors. We already expect additional sectoral tariffs (pharmaceuticals, semiconductors/electronics, etc) and uncertainty regarding the IEEPA-based tariffs could lead the White House to put more emphasis on sectoral tariffs, where there is much less legal uncertainty: GS
*In conclusion, the bulk of Trump's tariffs - which clearly are now targeting just a handful of trading partners such as China, EU and Japan - can and most likely will stay, even if SCOTUS does not void the trade court ruling on appeal: GS
🔸 GOLDMAN: TRUMP TARIFFS BLOCKED, BUT ALTERNATIVES AVAILABLE
A U.S. COURT STRUCK DOWN TRUMP-ERA TARIFFS UNDER IEEPA, HALTING A 6.7-POINT INCREASE ON GOODS FROM CHINA, CANADA, AND MEXICO. GOLDMAN SACHS SAYS THE RULING IS A SETBACK BUT NOT THE END OF TARIFFS.
KEY TAKEAWAYS:
THE COURT GAVE THE TRUMP ADMINISTRATION 10 DAYS TO STOP COLLECTING THE BLOCKED TARIFFS.
OTHER LEGAL TOOLS STILL ALLOW TARIFFS:
🔸 SEC. 122: QUICK 15% TARIFFS FOR 150 DAYS.
🔸 SEC. 301: LONGER-TERM TARIFFS AFTER INVESTIGATIONS.
🔸 SEC. 232 & 338: SECTOR-SPECIFIC AND RETALIATORY TARIFFS.
THE WHITE HOUSE MAY REIMPOSE TARIFFS SOON UNDER DIFFERENT LAWS.
DESPITE LEGAL HURDLES, MOST TARIFF REVENUE IS STILL EXPECTED TO MATERIALIZE.
A U.S. COURT STRUCK DOWN TRUMP-ERA TARIFFS UNDER IEEPA, HALTING A 6.7-POINT INCREASE ON GOODS FROM CHINA, CANADA, AND MEXICO. GOLDMAN SACHS SAYS THE RULING IS A SETBACK BUT NOT THE END OF TARIFFS.
KEY TAKEAWAYS:
THE COURT GAVE THE TRUMP ADMINISTRATION 10 DAYS TO STOP COLLECTING THE BLOCKED TARIFFS.
OTHER LEGAL TOOLS STILL ALLOW TARIFFS:
🔸 SEC. 122: QUICK 15% TARIFFS FOR 150 DAYS.
🔸 SEC. 301: LONGER-TERM TARIFFS AFTER INVESTIGATIONS.
🔸 SEC. 232 & 338: SECTOR-SPECIFIC AND RETALIATORY TARIFFS.
THE WHITE HOUSE MAY REIMPOSE TARIFFS SOON UNDER DIFFERENT LAWS.
DESPITE LEGAL HURDLES, MOST TARIFF REVENUE IS STILL EXPECTED TO MATERIALIZE.
*FED SAYS POWELL MET WITH PRESIDENT TRUMP TODAY AT WHITE HOUSE
*POWELL DID NOT DISCUSS MONETARY POLICY EXPECTATIONS WITH TRUMP
*POWELL STRESSED PATH OF POLICY WILL DEPEND ENTIRELY ON INCOMING ECONOMIC INFORMATION
*POWELL DID NOT DISCUSS MONETARY POLICY EXPECTATIONS WITH TRUMP
*POWELL STRESSED PATH OF POLICY WILL DEPEND ENTIRELY ON INCOMING ECONOMIC INFORMATION
*US APRIL CORE PCE PRICE INDEX RISES 2.5% Y/Y; EST. +2.5%
*US APRIL PCE PRICE INDEX RISES 2.1% Y/Y; EST. +2.2%
*US APRIL CORE PCE PRICE INDEX RISES 0.1% M/M; EST. +0.1%
*US APRIL PCE PRICE INDEX RISES 0.1% M/M; EST. +0.1%
*US APRIL PCE PRICE INDEX RISES 2.1% Y/Y; EST. +2.2%
*US APRIL CORE PCE PRICE INDEX RISES 0.1% M/M; EST. +0.1%
*US APRIL PCE PRICE INDEX RISES 0.1% M/M; EST. +0.1%