๐จ IBM stock crashed 13% yesterday, its worst day in over 25 years.
This happened after Anthropic said their AI (Claude) can now easily read, fix and modernize old COBOL code.
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๐บ๐ธ FedEx sues US government for tariff refunds.
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๐ญ๐ฐ Hong Kong stablecoin firm #RedotPay is reportedly eyeing a $1B US IPO at a $4B valuation.
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๐บ๐ธ President Trump will deliver his State of the Union address at 9pm ET today.
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Gold and Silver have wiped out $850 billion in just 4 HOURS.
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Meta is planning a stablecoin comeback in late 2026 by integrating existing stablecoins like $USDC for payments on Instagram and WhatsApp.
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Coinbase opens 24/5 stock trading to US users.
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Microsoft $MSFT partners with Elon Musk's Starlink.
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๐ณ๐ฑ Netherlands allows employees to be on sick leave for 2 years while receiving 70% of their salary.
@Fin_Watch
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๐บ๐ธ US Treasury just bought back $2,000,000,000 of its own debt.
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๐จ Software Stocks are now underperforming the Nasdaq by the largest margin this century.
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๐จ According to report, UK urged to temporarily ban cryptocurrency political donations.
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๐บ๐ธ Trump says tariffs will replace income tax.
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"Unfortunately, we did see this in โ05, โ06 and โ07, almost the same thing - the rising tide was lifting all boats, everyone was making a lot of money.โ
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๐จ WiseTech to cut 2,000 jobs as CEO says manual coding era is 'over'.
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Iran set to buy supersonic anti-ship missiles from China.
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CIA alerted Apple and Nvidia to Taiwan invasion risk
According to The New York Times, the CIA informed Apple, Nvidia, and AMD in 2023 about the possibility of a Chinese invasion of Taiwan by 2027.
Taiwan produces about 97% of the worldโs most advanced chips, and any disruption could trigger a global economic shock.
The goal was also to encourage companies to diversify their production chains.
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The Australian government has told families of Australian diplomats in Israel and Lebanon to leave the two Middle East countries, citing a "deteriorating security situation" in the region.
The government has also offered voluntary departures to Australian diplomatsโ dependents in the UAE, Jordan, and Qatar.
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