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Bitcoin bounces back despite the SEC targeting Binance and Coinbase with lawsuits, intensifying scrutiny on major exchanges. EU regulatory body pushes for tighter advertising rules for crypto. Plus, Aave prepares for the launch of GHO stablecoin on Ethereum mainnet.
Cathie Wood goes bargain hunting. PGA Tour and LIV Golf plan to merge. Volvo unveils an all-electric SUV. The OECD warns of a weak recovery plagued by inflation. Plus, the Treasury's massive debt issuance poses a threat to market stability.
Exciting partnerships as Disney+ teams up with Apple's Vision Pro, while Linda Yaccarino takes the reins at Twitter. Legal action ensues as Merck sues the Biden administration. Twitter faces challenges in ad sales. Additionally, an acquisition deal for Buybuy Baby is underway.
Apple unveils Vision Pro Headset. Intel faces setback as Apple transitions to in-house chips. Saudi Arabia implements output cuts to bolster oil prices. Plus, Morgan Stanley predicts a 16% profit drop, impacting US equity market.
Nvidia aims for AI hardware monopoly with integrated superchip, while Google enhances Gmail search speed with AI update. Online banks thrive in deposit competition, and a robotics guru identifies three industries ripe for automation. Plus, Cathie Wood identifies the next AI winner.
Senate passes debt ceiling bill, averting default. May payrolls surpass expectations, indicating a resilient labor market. Mark Zuckerberg reveals Meta's cutting-edge VR headset. Exxon and Chevron near drilling agreements in gas-rich Algeria. Plus, Kellogg plans to spin off its cereal business.
