Saudi Arabia just slashed the price of its main Arab Light crude for Asia by $11 a barrel for August. That's the biggest cut in at least 26 years, according to Reuters πΈ
β οΈ Heads up:
Michael Burry, the "Big Short" guy, just dropped a warning:
"We're close to the end for stocks."
And guess what he's betting against? AI, chip makers, and semiconductors. π¨
He clearly sees trouble ahead.
US full-time jobs are dropping fast.
In June, full-time employment fell by 514,000 to 133.66 million β the lowest since Dec 2024.
That's 3 straight months of losses, totaling over 1 million.
Since Jan 2025, we've lost 2.24 million full-time jobs. We're now back to earl
π¨ Heard a rumor:
Saylor's team apparently sold another 500 $BTC just yesterday.
No official word yet.
Probably will address it Monday.
If it's real, this could just be the start.
Just had to share this wild timeline:
β’ Abbott gave $500K to Trumpβs inaugural fund in Dec 2024
β’ Trumpβs own accounts traded up to $1M in Abbott stock early 2026
β’ DOJ closed their criminal probe into Abbottβs baby formula plant this June, only went civil
White Ho
Unusual Whales is celebrating July 4th with a sale π
Save up to 20% off.
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5PM catching @MorganLBrennan on CNBC on the giant screen at Asia Square in Singapore.
5PM here is 5AM back in NYC.
Huge respect for anyone managing US portfolios during their workday!