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๐Ÿ‡จ๐Ÿ‡ฆ Monthly Corporate Bankruptcies in Canada are approaching levels not seen since the Global Financial Crisis

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๐Ÿ“ฃ Facebook $META CEO Mark Zuckerberg just said:

โ€œRolling out an early test in the US of our AI studio so you might start seeing AIs from your favorite creators and interest-based AIs in the coming weeks on Instagramโ€

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โšฝ๏ธ FIFA is seeking to raise as much as $2 billion for the expansion of #FIFA

The free streaming service launched by #footballโ€™s global governing body to offer live coverage of matches - Bloomberg

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๐Ÿ“ฃ OPENAI SELLING MORE OF ITS AI MODELS THAN MICROSOFT

The revenue that OpenAI makes from selling access to AI models such as GPT-4 now exceeds what Microsoft $MSFT makes from an equivalent business - The Information

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BREAKING ๐Ÿšจ: U.S. Treasury Market

Treasury Liquidity is now at its worst point in AT LEAST the last 14 years, surpassing even the onset of Covid

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โšก๏ธ Facebook just paid out the second dividend in its history, paying a dividend of $0.50 per share

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BREAKING: ๐Ÿ“‰๐Ÿ“‰ Nike stock, $NKE, is now down over 17% today after projecting a 10% decline in revenue for the current quarter.

Nike now expects 2025 sales to fall mid-single digits, compared to estimates of a 0.9% increase.

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๐Ÿ“ฃ TIME Magazine cover

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๐Ÿ“Š Key Events This Week:

1. June ISM Manufacturing PMI data - Monday

2. Fed Chair Powell Speaks - Tuesday

3. JOLTs Jobs Data - Tuesday

4. Fed Meeting Minutes - Wednesday

5. Stock Market Closed - Thursday

6. June Jobs Report data - Friday

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JUST IN ๐Ÿšจ: Roaring Kitty, a.k.a Keith Gill, has been sued for securities fraud over his role in promoting GameStop $GME

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๐Ÿ”ฅ Blackrock $BLK has agreed to acquire UK ๐Ÿ‡ฌ๐Ÿ‡ง data provider Preqin for $3.22 Billion in cash to bolster its data capabilities - WSJ

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โœˆ๏ธ Boeing $BA has officially agreed to acquire Spirit AeroSystems $SPR in a deal that values the company at $4.7B

Boeing will pay $37.25 per share for Spirit Aero, in an all-stock deal - Reuters

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โšก๏ธ Robinhood $HOOD this morning announced it has agreed to acquire Pluto Capital.

Pluto Capital is "artificial intelligence (#AI) powered investment research platform that delivers highly-customized investment strategies based on customer needs and financial goals"

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๐Ÿšจ๐Ÿšจ๐Ÿšจ S&P 500 $SPX will plunge 23% by year-end warns JP Morgan.

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BREAKING : ๐Ÿ”ฅ #5ireChain mainnet is live with a preview of its core features.

Including a next-gen blockchain explorer, user-centric staking solutions, and a robust IDE. The platform is also enhancing tools for nominators and validators and planning a community airdrop. With a phased rollout, 5ire aims to balance innovation and stability.

Preview Link - https://Preview.5ire.network ๐Ÿš€

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๐Ÿšจ๐Ÿšจ๐Ÿšจ 71% of Millennials in the ๐Ÿ‡บ๐Ÿ‡ธ United States say there are living paycheck to paycheck, according to report by PYMNTS.

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๐Ÿ“ Highest Corporate Tax Rates Across the G20 - U.S. isn't even Top 15

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๐Ÿ”ฅ๐Ÿ”ฅ APPLE IS EXPECTING BIG IPHONE 16 SALES, BASED ON CHIP ORDERS.

Apple $AAPL has reportedly increased its chip order with TSMC $TSM, With the increased order in place, #Apple is supposedly preparing to sell between 90M and 100M units of the iPhone 16 - Apple Insider

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โšก๏ธ BREAKING NEWS : Lawsuit against Roaring Kitty for securities fraud of $GME and $CHWY has been dismissed ๐Ÿš€

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๐Ÿšจ๐Ÿšจ JUST IN : Silvergate Bank has been charged by #SEC for misleading investors about the effectiveness of its Anti-Money Laundering (#AML) compliance program.

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๐Ÿ‡ช๐Ÿ‡บ Europeโ€™s Bitcoin ๐Ÿ’ฐ Mining Giant Northern Data Eyes A US IPO With AI Move.

Northern Data AG is currently in talks with advisors for announcing an IPO in the US for its combined businesses of data centers and artificial intelligence cloud computing. Reportedly, the crypto mining firm is seeking a valuation of $16 billion.

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