CrisBNC28

BREAKING NEWS 🚨| Due to a 51% attack that the Monero network is experiencing, exchanges like Binance are starting to suspend XMR withdrawals.

🟣📊 37% of S&P 500 companies will report their quarterly results this week.

$AAPL $AMZN $MSFT $META $BA $PYPL $UNH $MRK $SPOT $V $SBUX $HUM $MO $F $QCOM $ABBV $MA $XOM $CVX

😌🫰

🔴🏦🇺🇸 Trump on Powell: He will leave in 8 months.

➡️ "He will probably decide to keep interest rates high for political reasons".

🔴🇺🇸🇨🇳 $MSFT Microsoft accuses Chinese hackers of exploiting vulnerabilities in SharePoint.

➡️ According to Bloomberg, the company expects that attacks on outdated systems will continue.

➡️ OpenAI expands agreements with Oracle's data centers and says that parts of Stargate 1 in Texas are operational.

➡️ Oracle and OpenAI will develop an additional 4.5 gigawatts of capacity for the Stargate data center in the U.S.

➡️ Stargate is a joint venture between OpenAI, Oracle, and Softbank that aims to invest up to 500 billion dollars in AI infrastructure in the U.S.

🇺🇸 Wall Street Opening - Top Stocks

🟢 Apple (AAPL): 213.42 (+0.44%)
🔴 Microsoft (MSFT): 509.65 (−0.08%)
🔴 Google (GOOG): 190.95 (−0.10%)
🟢 Amazon (AMZN): 229.86 (+0.24%)
🔴 Meta (META): 712.21 (−0.11%)
🔴 Tesla (TSLA): 328.03 (−0.14%)
🔴 Nvidia (NVDA): 168.78 (−1.52%)
🔴 Broadcom (AVGO): 284.85 (−1.17%)
🔴 AMD (AMD): 154.54 (−1.56%)

🇺🇸🇺🇳 The United States will withdraw from UNESCO, the cultural and educational agency of the UN, just 2 years after rejoining.

🔴🏦🇺🇸 Bessent says he sees no reason for Powell to resign.

🔴🇺🇸🇯🇵 Bessent says that the talks with Japan are 'going well' and they wouldn't be surprised if an agreement is reached quickly.

🔴🇺🇸🇨🇳 Bessent claims that they are advancing to a new level in discussions with China. They want to discuss aid in the war in Ukraine and open Chinese markets.

🔴🇺🇸🇨🇳 The Secretary of the Treasury, Bessent, on the deadline of the agreement with China on August 12: There will probably be an extension.

🟣🏦🇺🇸 In half an hour Powell will speak, but he will not be able to address monetary policy due to the quiet period ahead of the interest rate decision on July 30.

🔴🇧🇷🇺🇸 The son of former President Jair Bolsonaro stated that if the Brazilian Congress approves amnesty for his father, the United States should reverse the 50% tariff imposed on Brazil.
 
▶️ According to him, there is a direct connection between the outcome of the process in Brazil and a possible change in stance from the U.S. government.

🔹🇺🇸 The BofA strategist, Michael Hartnett, said that investors were "anticipating" a capitulation from the Fed on interest rates and reiterated his view that a bubble was forming in U.S. stocks.

▶️ U.S. equity funds attracted just under half of the total flows so far this year, compared to 72% in 2024, citing figures from EPFR Global.
 
📈 A recent recovery of the S&P 500, led by the technology sector, towards new records suggests that investors are too complacent about the economic impact of higher rates, UBS analysts said this week.
 
🏦▶️ On Thursday, Fed Governor Christopher Waller, whose name has been mentioned among the candidates to succeed Powell, called for policymakers to cut rates this month to support a labor market that, according to him, is showing signs of weakness.

🌊🇨🇳 Chinese Prime Minister Li Qiang announced the construction of a mega dam in Tibet, which could become the largest hydroelectric power plant in the world.
 
▶️ The project, on the Yarlung Tsangpo River, is expected to generate 300 billion kilowatt-hours and is part of the five-year plan approved in December.

🇺🇸🇨🇦🚆 $NSC $CSX BNSF, owned by Berkshire Hathaway, is considering making a takeover bid for a rival railroad company, which could be CSX or Norfolk Southern, according to industry rumors.

➡️ The most talked-about potential bid is for CSX. The stock is up +4.5% in post-market.

🇺🇸 CBS Survey on Trump's First 6 Months in the White House in His Current Term.

- Approval drops to 42%

- Main issues: inflation-immigration

➡️ 56% disapprove of immigration management

➡️ 51% disapprove of deportations

➡️ 64% disapprove of inflation management

➡️ 60% against tariffs

🔴🇺🇸 White House Press Secretary Karoline Leavitt addressed key topics of U.S. economic policy under the Trump administration this afternoon:

• Trade tariffs: Leavitt stated that new tariff letters could be disclosed before August 1, indicating possible advances or tensions in international trade negotiations.

• Commitment to trade agreements: According to her, President Trump remains directly involved in trade agreement negotiations, reinforcing the administration's active stance in this area.

• Fiscal deficit: The White House shows no concern about the fiscal impact of the tax cut plan, indicating confidence in the positive effects of the measure on growth.

• Monetary policy: Leavitt stated that Jerome Powell, Chairman of the Federal Reserve, needs to lower interest rates, urging the central bank to adopt a more expansive policy.

• Institutional stability: Despite the pressure for lower interest rates, Trump has no plans to dismiss Powell, maintaining a stance of institutional continuity in the leadership of the Fed.

OPINION 🗯️ | Financial analyst Carlos Maslatón believes that to eliminate the central bank of Argentina, the monetary system must be like Bitcoin or the gold standard, without secondary money multiplication.
 
🔒 Maslatón targets the heart of the traditional system: fiat money and fractional banking. In this model, banks do not keep 100% of their clients' deposits, but lend a part, thereby generating new money in the process.

Argentina without a central bank?

❤️ = It would be ideal
😐 = Sounds good, but difficult
👎🏼 = It wouldn't work

HIGHLIGHT ☝️| Robert Kiyosaki, author of "Rich Dad Poor Dad," predicts an imminent economic collapse, viewing it as an opportunity to buy assets like Bitcoin, gold, and silver at lower prices, citing the increase in the U.S. national debt and economic fragilities.

💡 Despite predicting a crisis similar to the Great Depression, Kiyosaki advises preparation and smart action, believing that scarce assets like Bitcoin, silver, and gold are more resilient than the traditional financial system.

Is the big collapse coming?

😢 = Yes, we need to prepare
😂 = Another prediction
👍🏼 = It could be an opportunity