Alpha
π Strive Asset Management, led by Vivek Ramaswamy, a partner of Elon Musk at the Department of Government Efficiency (DOGE), is set to significantly boost its holdings in BTC. The firm plans to acquire claims for 75,000 BTC from Mt. Gox at a discount, potentiallyβ¦
π Strive Asset Management, led by Vivek Ramaswamy, a partner of Elon Musk in the Department of Government Efficiency (DOGE), has secured $750 million with an option for an additional $750 million. The funds will be used to acquire discounted BTC liabilities from Mt. Gox and various discounted BTC credit instruments. For more details, visit here.
π RTK Data Center and Solar Group are technically prepared for an IPO, but the placement is contingent on the Central Bank's interest rate being at 10%, according to Oseevskiy from IF.
π¨ Ahead
πΊπΈ The U.S. will release the CB Consumer Confidence data for May at 17:00 Moscow time.
πΊπΈ The U.S. will release the CB Consumer Confidence data for May at 17:00 Moscow time.
πΊπΈ The Conference Board reports that 12-month inflation expectations have decreased to 6.5%, following a sharp rise to 7% in April.
π Japan's Nippon is reportedly considering acquiring US Steel for approximately $55 per share, according to CNBC. The potential deal could mark a significant shift in the steel industry, highlighting ongoing interest from foreign companies in the American market. Further details on the negotiations remain under wraps as both parties assess the implications of such a merger.
π¨ Ahead
πΊπΈ The Dallas Fed Manufacturing Business Index for May will be released at 17:30 Moscow time.
πΊπΈ The Dallas Fed Manufacturing Business Index for May will be released at 17:30 Moscow time.
π¨ The Dallas Fed Manufacturing Business Index for May has been released, showing a reading of -15.3. This is better than the expected -25 and an improvement from the previous month's figure of -35.8.
π¨ Trader James Wynn, currently in the spotlight, finds himself in a challenging market situation. Experts predict that former President Trump will keep him trapped in a sideways market until he is fully dissected. Investors are closely monitoring Wynn's moves as the situation unfolds. For more insights, visit here.
β οΈπ’ Brent crude oil prices have dropped by 1.5% ahead of tomorrow's OPEC+ meeting.
β¨ MetaMask has announced the addition of support for Solana. This new integration allows users to manage their Solana assets directly within the MetaMask wallet, expanding the platform's capabilities in the cryptocurrency space. For more information, you can visit the official website.
π« Unipro has announced that it will not pay dividends for 2024. The decision comes ahead of the state deadline on June 30. For more information, visit this link.
π¨π¦ Canada is set to undergo the most significant economic transformations since World War II. The main mission is to establish the strongest economy in the G7, according to Prime Minister Carney.
β‘οΈ Russian hydropower company "RusHydro" does not perceive any interest from "Rosseti" in acquiring network assets in the Far Eastern Federal District, according to a statement from a board member reported by TASS.
π’π·πΊ Gazprom has submitted proposals to the Russian Ministry of Energy aimed at stimulating gas production related to the development of hard-to-recover reserves (TRIZ), according to TASS.
π₯πΊπΈ AMC Entertainment shares surged by 20% following robust sales during Memorial Day weekend. The significant increase reflects strong consumer interest and confidence in the cinema chain's recovery strategy. Investors are keenly watching the company's performance as it navigates the post-pandemic landscape. For more details, visit AMC Theatres.
π¨ On May 30, Deribit will host one of the largest weekly options expirations in its history, featuring a total of $11.8 billion in options for BTC and ETH. The primary interest zone for BTC is at the strike of $98,000, while for ETH, it stands at the strike of $2,200.
π΅ "Trader, Don't Trade!" A checklist of 15 points for those who can't stop.