China held a forum in Berlin to promote imports from the EU, aiming to ease trade tensions and address its growing trade surplus. The event, attended by officials and executives, sought to showcase China's market potential amid rising regulatory hurdles and geopolitical shifts in Europe.
Solstice launched its SLX token after achieving $500M TVL, prioritizing product-market fit over token-first models. The company emphasizes sustainable yield generation, risk management, and building infrastructure for institutional adoption, aiming to differentiate from past "extractive tokenomics" and cyclical market behavior.
Centro Universitário Integrado de Campo Mourão (PR) oferece formação em medicina com foco em empreendedorismo e gestão. A instituição prepara futuros médicos para serem protagonistas de suas carreiras, com disciplinas e projetos práticos.
A newly elected NSW regional councillor, Rohit Mahajan, manages a tobacco shop in Muswellbrook found to be selling illegal cigarettes. Mahajan admitted to selling them, citing business survival, but later backtracked. The ABC found multiple shops in the town selling illicit tobacco.
Michael Burry, known for "The Big Short," revealed he has no position in SpaceX, citing expensive bearish options. He questioned the company's nearly $3 trillion valuation, calling it a "small space company" with less than $20 billion in revenue, and noted it now surpasses Berkshire Hathaway's market value.
SpaceX shares jumped 12% Tuesday, briefly surpassing Microsoft and Amazon in market cap. The rocket builder's valuation reached $2.94 trillion, fueled by a record IPO and a $60 billion acquisition of AI startup Cursor.
ChatGPT's dominance in the AI assistant market has waned, with its share dropping below 50% for the first time. Google Gemini and Anthropic's Claude are gaining traction, driven by distribution advantages and specific user preferences, particularly among crypto traders.
Reserve Bank governor Michele Bullock is using verbal communication as a secondary tool to manage inflation, alongside interest rate hikes. Despite holding rates steady, Bullock emphasized the possibility of future increases if necessary, though market expectations suggest a pause or even cuts.
Federal Reserve Chair Kevin Warsh may skip the upcoming "dot plot" release, a quarterly update on interest rate projections. This move, if it occurs, would break 14 years of tradition and could signal a shift in the Fed's communication strategy.
SpaceX has surpassed Amazon as the world's fifth-most valuable company following its $60bn acquisition of AI coding startup Cursor. The deal aims to bolster SpaceX's AI capabilities, particularly its xAI business, by integrating Cursor's successful coding tool and user base.
SpaceX has overtaken Amazon as the world's fifth-most valuable company after its stock market debut, with a valuation reaching $2.97tn. The company also announced its agreement to acquire AI coding startup Cursor for $60bn to enhance its AI capabilities.
SpaceX's post-IPO trading, under ticker SPCX, resembles a crypto asset due to its extremely small public float. The stock's rally is fueled by limited supply and high demand, amplified by leveraged crypto derivatives and a new AI acquisition, but faces skepticism over its $3 trillion valuation.
Comcast Xfinity is now offering same-day Wi-Fi installation for new customers in 20 US markets, allowing them to receive a modem/router unit within hours of signing up. In-store pickup is also available at over 700 Xfinity stores nationwide.
Crypto markets remained stable Tuesday as Japan's central bank raised interest rates to a 30-year high of 1% to combat inflation. Despite concerns about the yen carry trade, Bitcoin held above $65,000, with traders appearing to have braced for a selloff.
Bow Echo, ridden by Billy Loughnane and trained by George Boughey, narrowly won the St James's Palace Stakes at Royal Ascot, remaining unbeaten. The race featured early scrimmaging, leading to a jockey suspension, and a close finish with Gstaad.
Bow Echo, ridden by Billy Loughnane and trained by George Boughey, narrowly won the St James’s Palace Stakes at Royal Ascot, remaining unbeaten. Jockey Ryan Moore received a suspension for careless riding.
JSW Dulux is targeting a top-two position in India's paint market, planning aggressive expansion and significant investments in brands and manufacturing. Leveraging JSW Group's strengths, the company aims to capture growth in the expanding Indian market, with the Dulux brand central to its strategy.
SpaceX's market cap briefly surpassed Microsoft's and Amazon's following a strong IPO debut and a 12% share price increase on Tuesday. The company also announced a $60 billion acquisition of AI startup Cursor.
The CFTC has approved KalshiEX to list a Bitcoin perpetual futures contract (BTCPERP), marking a significant step for crypto derivatives in regulated US markets. This move could change how retail and institutional traders access leveraged Bitcoin exposure, bringing a popular crypto financial tool into the US regulatory framework.
Standard Chartered forecasts a $100 price target for Uniswap's UNI token by 2030, driven by the projected growth of tokenized assets and their potential integration into DeFi venues for liquidity. The bank's thesis hinges on open protocols capturing a significant share of this burgeoning market, though hybrid models and controlled access remain key considerations.
US stocks traded near record levels Tuesday, with the Dow Jones Industrial Average hitting an intraday all-time high. Falling oil prices and optimism over a US-Iran peace deal boosted investor sentiment, while SpaceX shares rallied significantly.
Sollers Group CEO Nikolay Sobolev anticipates a recovery in the Russian automobile market during the second half of this year. He projects the market to reach approximately last year's level in 2026, with a key factor for this revival being a reduction in the key interest rate.
Sports prediction markets are experiencing a surge in activity, with Kalshi setting a new daily trading record of $1.2 billion. Numerous companies, including Novig and ProphetX, are seeking CFTC approval to enter the space, which is already dominated by Kalshi and includes players like Polymarket, Robinhood, and major sportsbooks.
Sollers Group CEO Nikolay Sobolev announced plans for sales growth this year, targeting over 40% market share in pickups and around 30% in light commercial vehicles, despite a stable market.
