An 11.77% weekly jump on a $5.7B all-cash deal! AI quantitative models are proving their worth in spotting semiconductor catalysts early.
https://t.co/GKQBTFO3uk
Revenue down 4% YoY reflects both a softer consumer background and product life-cycle transitions. Market will be watching if the management overhaul can spark growth for the next quarter.
Persistent inflation means the Fed won't ease until labor or growth shows real stress. Hard to justify rate cuts when price stability remains the top priority.
JUST IN: White House crypto advisor Patrick Witt slams banking lobby's deposit flight fears.
• Deposits grew despite stablecoin rewards.
• Cites Clarity Act yield caps and breakers.
• Warns bank protections vanish if bill fails.
JUST IN: 🇺🇸 US Treasury Secretary Scott Bessent says the CLARITY Act is essential for America to win the global race for new technology.
Bessent says he will use new powers to protect community banks if stablecoins threaten their deposits.
BREAKING: 🇺🇸 Trump says AI and data centers will be the greatest economic development engine in history, bigger than oil, gold, diamonds and the internet.
He adds that claims AI will take over the world, destroy humanity, and cause other harms are a “HOAX.”
🚨 $2T Morgan Stanley's Amy Oldenburg is not ruling out bitcoin on the balance sheet:
"It's hard to ever say a hard no in this day and age, with how much change we've seen in the digital asset landscape."
Could we be entering a new era of institutional Bitcoin adoption? 👀
COMING UP: 🏛️ The Senate holds a critical cloture vote on the CLARITY Act tomorrow, needing 60 votes to advance.
🇺🇸 President Trump agreed to ethics language letting state AGs enforce divest-or-blind-trust rules.
Banks oppose stablecoin provisions over deposit flight risks. 💸
If AI is half as deflationary as it appears to be, then the government will be forced to print more money to counteract the headwind.
If the government prints more money, then assets like bitcoin, gold, and land will rapidly appreciate in price.
Even though people don’t talk about it….bitcoin, gold, and land are some of the most valuable AI assets.
Sept. 14, 2008: Fed held emergency Sunday meeting as Lehman Brothers collapsed.
Regulators forced Bank of America to acquire a crumbling Merrill Lynch.
Opt out of the rigged banking cartel.
Buy Bitcoin!