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Ashwini Roopesh
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In the past 24 hrs, 247,396 traders were liquidated. Total liquidations = $616.54 million The largest single liquidation order = $14.35M. Long - $249.35 Million | Short - $367.19 Million
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âIt is a total disgrace that the G20 will be held in South Africa.â - U.S President Donald Trump. This time no officials from U.S Govt will attend forthcoming G20. It's fair to say - South Africa stands as one of the most dynamic emerging economies within the Global South and a founding member of the BRICS alliance. Hosting the G20 there strengthens global inclusion, giving developing markets a genuine voice on the world stage. What will be the next move? As recently $TRUMP said there will be no more tariffs imposition amid SC hearing. But you never know because he is so consistent in being inconsistent.
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Trump asks Justice Department to probe meatpackers on rising prices. âI am asking the DOJ to act expeditiously. Action must be taken immediately to protect Consumers, combat Illegal Monopolies, and ensure these Corporations are not criminally profiting at the expense of the American People.â Shares for the worldâs largest meatpackers, JBS NV, fell by as much as 6.2% immediately post comment, while Tyson Foods Inc. shares dropped by as much as 2% before paring losses to turn higher. High cost of living dominated voter base and their concerns this year elections, propelling Democrats to massive victory over Trumpâs Republicans in races across the country. Polls showed voters gave Trump low ratings for his handling of the economy and Global tariffs which lead to increase in costs, and afterward his advisers vowed to place a greater focus on affordability. Recently most used word by his team is "affordability". Beef has been Trumpâs latest target to please his voter base for tamping down food inflation, as retail ground beef prices have surged to record high. The US cattle herd has shrunk precipitously as ranchers have faced high interest rates and expensive feed and droughts. Rebuilding the herd will be a years and decades long process. Still, Trump sought to place the blame on large corporation that process beef for consumers. âWhile Cattle Prices have dropped substantially, the price of Boxed Beef has gone up â Therefore, you know that something is âfishy.â We will get to the bottom of it very quickly. If there is criminality, those people responsible will pay a steep price!â - $TRUMP Trumpâs decision to impose a 50% tariffs on products from Brazil over diplomatic disputes, constant support of Brazil towards BRICS added troubles and in turn affected their beef exports.
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Life is coming back to normal. Be cautious Fear & Greed Index still sits at 21.
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This is what Elon Musk needs to do to earn his Tesla trillion pay package. Nothing comes easy even to billionaires. Prior to approval of the this plan, Elon Musk held a 13% stake in Tesla. This year's package revealed in early September - would grant Elon Musk 12 massive tranches of stock options tied to targets the board argues are aggressive. The total value of the 12 tranches amounts to approximately 424 million shares, which would end up giving Musk around 25% control of Tesla. Each of the 12 tranches is tied to both an operational milestone and a market milestones. Both are related. The operational milestones are achievements that include delivering Tesla's 20 million vehicle, having 1 million robotaxis in use, or selling 1 million Optimus robots. Tesla's EBITDA would also have to eventually reach $400 billion as part of the operational milestones. Ultimately, to receive the massive full award, Tesla, with Elon Musk at the helm, would need to achieve a market capitalization of $8.5 trillion, in addition to meeting all market and operational milestones. Tesla claims Musk would also be locked into his shares, meaning he can't cash out and leave the company, at least not immediately. The shares Musk earns in this new package deal allow him to vote with those shares, but he canât sell them until they vest, which will take a minimum of 7.5 years from the time of the award. Further, no more $DOGE type stunt to be played as he needs to stay away from controversies surrounding him.
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