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📈 All the latest updates on the Stock Market: signals, news, and everything that might move the narrative — all in one place. 😉 We keep an eye on the price; you can just watch us do it. Buy Ads: @JamesCookTg
U.S. Dollar is now used in 49.1% of global payments, the highest level in more than 12 years
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President-elect Trump says Elon Musk's Department of Government Efficiency (DOGE) will eliminate billions in waste and fraud, potentially saving $2 trillion.
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JUST IN: MicroStrategy bought another 15,350 $BTC for $1.5 BILLION
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Bashar al-Assad’s central bank airlifted around $250mn in cash to Moscow in a two-year period when the then-Syrian dictator was indebted to the Kremlin for military support and his relatives were secretly buying assets in Russia.
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China's economy is expected to grow by 5% this year.
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Fewer than 20% of Americans currently earn the annual income required to afford a home 😮
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Bitcoin reaches new all-time high of $104,000. 📈
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🚨 ABC News Pays $15 Million To Settle Donald Trump’s Defamation Suit
ABC News and anchor George Stephanopoulos have settled a lawsuit with Donald Trump, who sued the network over false statements made during an interview. Stephanopoulos incorrectly claimed that a jury found Trump liable for raping E. Jean Carroll; in reality, a jury had found Trump liable for sexual abuse but not for rape. Under the settlement, ABC News will pay $15 million to a future presidential foundation and museum established by Trump, plus $1 million for his attorneys' fees.
As part of the agreement, Stephanopoulos will apologize to Trump, and both parties will avoid court-ordered depositions scheduled for next week. Trump accused ABC News and Stephanopoulos of broadcasting false and harmful statements. A judge had previously declined to dismiss the case, focusing on whether the claims were "substantially true."
Carroll has accused Trump of rape dating back to the mid-1990s, and a New York jury awarded her damages for sexual abuse and defamation. Trump has consistently denied her allegations, calling the verdict part of a "witch hunt."
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Michael Saylor's Microstrategy now owns over 2% of the entire Bitcoin supply.
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Chinese President Xi Jinping says "BRICS is fundamentally changing the world market."
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Russia strikes 10-year deal to supply India with 500,000 barrels of crude oil per day for $13 billion annually
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MicroStrategy $MSTR added to the Nasdaq 100. All $QQQ investors are now Bitcoin $BTC investors!
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Billionaire Dan Morehead says Bitcoin is much better than gold.
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❗️SEC Pressures Musk Over Twitter Deals
The SEC has demanded Elon Musk settle or face charges over alleged securities fraud linked to his 2022 Twitter share transactions and Tesla stock sales ahead of his Twitter buyout.
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Texas Lt. Governor Dan Patrick says the state of Texas is prepared to buy up all of the border wall segments the Biden Administration is auctioning for $5 a segment and donate then back to the Trump administration. He has $1 billion to work with.
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Japanese Stocks $EWJ formed a Death Cross for the first time since December 2021. The last one saw stocks enter a bear market with a plunge of more than 30%.
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The market is convinced a soft landing is coming:
The S&P 500 has risen 9% since the Fed began cutting interest rates in September.
In previous rate cut cycles where a recession was avoided, the S&P 500 gained ~3% on average at this point of the cycle.
On the other hand, when the US economy entered a recession, the index was down ~3%.
In other words, the market is now significantly stronger than it was during previous periods when a soft landing was achieved.
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BREAKING: Softbank CEO Masa Son is reportedly visiting the US today to announce a $100 billion investment with President- elect Trump, per CNBC.
The investment will be focused around building out AI and aims to create 100,000 jobs in the US.
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Korean Won is on the verge of falling to its weakest level against the U.S. Dollar since the Global Financial Crisis
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Thailand to study the potential of Bitcoin as legal tender.
Former Thailand Prime Minister says his son, the current PM, "may assign the Ministry of Finance to study whether to accept Bitcoin or not" as legal tender.
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The Taliban showcase $7,000,000,000 worth of US military equipment left behind during the Biden administration's withdrawal from Afghanistan.
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China aims to start commercializing 6G technology by 2030 and expects that the standard-setting for the technology will be achieved by 2025.
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Broadcom $AVGO brought in more than $30B of revenue from its Semcinoductor segment over the past year up from $17.3B in 2020
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Microstrategy to join NASDAQ-100 index beginning December 23, 2024.
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Tesla jumps to another all-time high. $TSLA has now made an ATH in 3 consecutive days, finishing the week strong 💪
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Senator Cynthia Lummis meets with Trump's incoming Treasury Secretary Scott Bessent to discuss a Strategic Bitcoin Reserve.
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📊Broadcom’s AI Boom: Stock Soars on Bold Revenue Forecast
Broadcom (AVGO) surged over 20% on Friday as CEO Hock Tan highlighted a “massive” opportunity in artificial intelligence.
The company expects its custom AI chips to generate $60–$90 billion in revenue over the next three years.
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Japanese lawmaker pushes for a national Bitcoin reserve, joining global calls to adopt $BTC as a strategic asset.
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Bill Ackman describes the upcoming Trump administration as “the most pro-growth, pro-business, pro-American” he has witnessed in his adult life.
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