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๐Ÿ“Š Nvidia, $NVDA, is now larger than:

1. GDP of every country in the world except 7
2. The entire #crypto market COMBINED
3. 5x the market cap of Tesla
4. 6x the market cap of Walmart
5. The market cap of the entire French stock market
6. Canada's GDP plus $1.2 trillion in cash
7. 13x the market cap of AMD
8. 3x the GDP of the city of Los Angeles
9. Amazon and Berkshire Hathaway COMBINED
10. Collective net worth of 12 richest people in the world

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๐Ÿ‡ฎ๐Ÿ‡ณ India to potentially add $36 trillion to stock market capitalisation by 2050, says Gautam Adani

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โšก JUST IN: US 30-year mortgage rates have dropped below 7% for the first time since March.

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BREAKING: ๐Ÿ‡จ๐Ÿ‡ญSwiss National Bank cuts rates by 0.25% to 1.25% after cutting rates in March.

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๐Ÿ‡จ๐Ÿ‡ณ ๐Ÿ‡บ๐Ÿ‡ธ China warns the United States to stop selling weapons to Taiwan

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๐Ÿšจ Tomorrow's options expiration notional value is $5.1 Trillion, the largest in history

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โšก NEW: Gemini crypto exchange founders donate 30.94 #Bitcoin ๐Ÿ’ฐ worth $2 million to Donald Trump๐Ÿ‡บ๐Ÿ‡ธ to "put an end to the Biden Administration's war on crypto."

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๐Ÿ“ฃ The stock market is in the "bubble of all bubbles" which will lead to an epic stock market crash next year and potentially usher in a Depression warns Economist Harry Dent

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๐Ÿ‡บ๐Ÿ‡ธ U.S. HOME PRICES HIT A NEW ALL-TIME HIGH IN MAY

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๐Ÿ“ฃ Tesla $TSLA has reduced the size of its workforce by at least 14% this year after Elon Musk said layoffs would exceed 10% - CNBC

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๐Ÿ‡บ๐Ÿ‡ธ U.S. Growth Funds just saw a weekly inflow of $11.9 Billion, the largest in history

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๐ŸŽ Apple $AAPL has warned that European ๐Ÿ‡ช๐Ÿ‡บ customers will miss out on the iPhoneโ€™s flagship new #AI features when they launch later this year, due to โ€œuncertaintiesโ€ stemming from Brusselsโ€™ new competition rules - Financial Times

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๐Ÿ‡บ๐Ÿ‡ธ TRUMP : "Automatic green cards to foreign students who graduate from #US colleges if i come to power," says Donald Trump.

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๐Ÿ‡บ๐Ÿ‡ธ US bankruptcies are riding rapidly:

275 large companies have declared bankruptcy through May of this year, the 2nd highest since 2010.

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BREAKING: ๐Ÿšจ More than 7,000 companies globally, employing 130 million people, can't pay back loans and are drowning in debt, per AP.

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๐Ÿ‡ช๐Ÿ‡ธ Barcelona to ban AirBNB and other apartment rentals for tourism by 2028, citing soaring housing costs for residents.

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๐Ÿ“Š Key Events This Week:

1. CB Consumer Confidence data - Tuesday

2. New Home Sales data - Wednesday

3. Q1 2024 Final GDP data - Thursday

4. May PCE Inflation data - Friday

5. Fed Monetary Policy Report - Friday

6. Total of 8 Fed speaker events this week

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๐Ÿ‡บ๐Ÿ‡ธ Federal Reserve Chair Jerome Powell said this month that the US labor market is back to pre-covid conditions

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๐Ÿ“ฃ Apple $AAPL and Facebook $META have held discussions about integrating Metaโ€™s Generative AI model into Apple Intelligence - WSJ

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๐Ÿ”ฅ Apple $AAPL has reportedly renewed its efforts to develop #AR-only glasses which would be lightweight spectacles that users could easily wear all day.

2027 is the earliest you could expect to see the glasses - Bloomberg

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๐Ÿ“Š Global Data Centers now consume more electricity than most countries

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