TEMU HAS BEEN TOLD BY US COMPANIES AND SELLERS THAT IT CANNOT PROVIDE CHEAPER PRICES ON BRANDED PRODUCTS THAN THOSE OFFERED ON AMAZON - FT
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TRUMP: EUROPE BETTER GET ITS ACT TOGETHER ON IMMIGRATION
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TRUMP: THIS IS NO TIME TO BE TALKING ABOUT PARDONS FOR MAXWELL
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*CITADEL SECURITIES WINS CASE OVER SEC AUDIT TRAIL FUNDING
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GOLDMAN SACHS: SPECULATIVE TRADING HITS RECORD HIGH
Goldman Sachs reports its Speculative Trading Indicator is at its highest level since the dot-com and pandemic bubbles, driven by heavy trading in unprofitable, penny, and high EV/sales stocks.
Trading volumes are high in "Mag 7" names, digital assets, and quantum computing, reflecting rising risk appetite. Call option activity has surged to its highest since 2021, and IPO/SPAC issuance is at a multi-year high, with SPACs raising $9B in Q2.
Goldman notes a retail-favorite stock basket is up 50% since April, highlighting a speculative market tone. Historically, such spikes have led to strong S&P 500 returns over 3-12 months but weaker returns over two years, signaling near-term upside but long-term risk.
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Christie's offers $1 billion in luxury real estate to buyers paying with crypto: NYT
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TRUMP: HAVE NAME IN MIND TO REPLACE POWELL, MAYBE THREE
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ELON MUSK ON STARLINK: SERVICE WILL BE RESTORED SHORTLY - X POST
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TRUMP: WANT HIM TO LOWER INTEREST RATES
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TRUMP AND POWELL VOICE DISAGREEMENT OVER RENOVATION FIGURES
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TRUMP: ALSO PRESENT WILL BE FED CHAIR JEROME POWELL
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BRAZIL'S HADDAD: ON MONDAY WE WILL PRESENT A CONTINGENCY PLAN FOR HIGHER U.S. TARIFFS TO LULA
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$TSLA - TESLA BETS ON ROBOTAXIS, ROBOTS AS EV SALES FALL
Tesla’s Q2 profits fell 16% and sales dropped 12%, but Elon Musk says the future is in robotaxis and humanoid robots. A small robotaxi service has launched in Austin, with plans to expand, though it trails rivals like Waymo. Musk expects autonomy to boost revenue by 2026 and plans mass production of the Optimus robot within five years.
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BRAZIL'S LULA: I ASK THE U.S. GOVERNMENT TO RESPECT THE BRAZILIAN PEOPLE, JUST LIKE I RESPECT THE U.S.
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🚨 TRUMP ADMINISTRATION GREENLIGHTS CHEVRON TO RESUME PUMPING OIL IN VENEZUELA, SOURCES SAY -- WSJ
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EU AND US OFFICIALS LOCKED IN TALKS AHEAD OF KEY TRUMP MEETING WITH VON DER LEYEN- FT
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TRUMP: WE'LL SEE IF WE MAKE A DEAL WITH THE EU ON SUNDAY
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TRUMP: EU DEAL WILL BE BIGGEST OF ALL IF WE MAKE IT
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CRACKS WIDEN IN JAPAN AND US’S INTERPRETATION OF TARIFF TRADE DEAL - FT
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BLACKROCK’S HEAD OF DIGITAL ASSETS LEAVES TO JOIN SHARPLINK GAMING, THE SECOND-LARGEST #ETHEREUM TREASURY COMPANY
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TRUMP ON FIRING POWELL: THAT WOULD BE A BIG MOVE
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TRUMP: I'D GENERALLY FIRE A PROJECT MANAGER THAT'S OVER BUDGET
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POWELL SHAKES HEAD AS TRUMP CITES RENOVATION FIGURES
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TRUMP: GETTING READY TO HEAD OVER TO FED TO LOOK AT THEIR, NOW, $3.1 BLN DOLLAR (PLUS!) CONSTRUCTION PROJECT
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TRUMP: I SIGNED EXECUTIVE ORDERS ON ARTIFICIAL INTELLIGENCE
TRUMP: EXECUTIVE ORDER PROMOTES EXPORT OF AMERICAN AI TECHNOLOGY STACK
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MUSK TELLS TESLA INVESTORS TO FOCUS ON A FUTURE FILLED WITH ROBOTS
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XAI: EFFECTIVE IMMEDIATELY, KALSHI AND XAI ARE PARTNERING TO BRING GROK TO PREDICTION MARKETS
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OPENAI PREPARES TO LAUNCH GPT-5 IN AUGUST - THE VERGE
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