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BREAKING: Iran says it has struck another crude oil supertanker which is now burning in the Strait of Hormuz. Iran’s IRGC says the ship had turned off its navigation systems and “violated regulations.” This marks the third oil tanker that has been struck this weekend.
BREAKING: Bitcoin falls nearly -$2,000 in 20 minutes as $400 million worth of levered longs are liquidated in under one hour.
BREAKING: Anthropic is seeking to IPO as soon as the middle of November, per Bloomberg. The company could start formal marketing for its IPO as soon as the week of November 9th, putting it in-line to begin trading before Thanksgiving. Anthropic’s valuation is now expected to hit or exceed $2 trillion.
BREAKING: Nvidia, $NVDA, is launching the largest stock buyback in US history, worth $235 billion. The company just announced that its board has approved a $150 billion increase to its share-repurchase program, bringing the total buyback authorization to $235 billion.
BREAKING: Solana rises above $120 for the first time since January 29th, now up over +100% from this year's low. The crypto rally continues to broaden out.
BREAKING: Oracle stock, $ORCL, falls -5% after declaring "force majeure" on a massive data center being built in New Mexico. Oracle has reportedly made the move in order to shield itself from rapidly rising expenses on the project.
BREAKING: Anthropic is planning to launch its IPO in November despite AI safety concerns, per WSJ. The company is expected to IPO at a $2 trillion valuation and raise up to $100 billion in the offering. Anthropic is expected to reach more than $110 billion in annualized revenue by year-end.
BREAKING: President Trump doubles down on his rejection of AI safety concerns. "Don't kill the Golden Goose," Trump says.
BREAKING: After falling -80% from its record high, Nike, $NKE, will be removed from the S&P 100 at the end of this month, ending a near 18-year run in the index. The stock has now erased -$230 billion in market cap since its all time high. A collapse for the history books.
BREAKING: Reddit stock, $RDDT, surges over +11% on news that the company is being added to the S&P 500.
BREAKING: Nasdaq 100 futures erase all losses and turn green on the day after President Trump says the Iran ceasefire is “over.”
It’s official: In a sudden turn of events, Brent crude oil prices are back above $80/barrel.
On June 26th, we posted the below alert for our premium members. We called for $75/barrel as the "risk of turbulence with the US-Iran deal is growing." Today, this setup was closed for a large gain. Subscribe to access our premium analysis below:
It’s official: In a sudden turn of events, Brent crude oil prices are back above $80/barrel.
BREAKING: Iran has suspended talks on a final settlement with the United States, per TASS.
BREAKING: President Trump says the ceasefire with Iran is "over." "I don't want to deal with them anymore, they are scum," Trump says.