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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๐จ๐ณ๐บ๐ธ China warns it will retaliate if the US imposes new tariffs.
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๐บ๐ธ Bank of America predicts Gold will reach $6,000 within the next 12 months.
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Top AI companies to sign deal to build their own electricity supply for data centers:
โข xAI
โข Meta
โข Oracle
โข Google
โข OpenAI
โข Amazon
โข Microsoft
๐ฅซ t.iss.one/FinancialWorldUpdates
โข xAI
โข Meta
โข Oracle
โข Google
โข OpenAI
โข Amazon
โข Microsoft
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๐บ๐ธ The dollar could drop 10% in 2026 if the Fed eases rates more aggressively than markets expect under new leadership, per State Street.
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An anonymous trader used a new wallet to bet $50.7K that Axiom would be accused of insider trading, with odds at only 15.1%.
This sparked speculation about potential inside information, leading many traders to follow his bet and push Axiom's odds even higher than Meteora.
He then closed his position and made $39K in one day.
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