UPS just dropped Q2 numbers and they're looking solid ๐ข
Revenue hit $22.8B vs $21.84B expected
Adjusted EPS $1.76 vs $1.67 expected
Package volume 1.22B vs 1.2B expected
Operating margin up to 9.2%, 40bps higher than last year
They also raised full-year guidance:
Reve
Billionaire Paul Tudor Jones just said on live TV:
"The market's super high. Tough to make money from here."
He called the 1987 crash & now manages over $108.5B.
He says S&P 500 returns over the next decade will be negative.
He definitely knows something...
Just heard some big news:
๐บ๐ธ US Senate might pass the Crypto Clarity Act next week.
Trumpโs already said heโll sign it right away.
Chance of approval this year just shot up to 38%.
This is huge for crypto ๐
BREAKING: US investment-grade corporate bond funds posted -$7.1 billion in outflows last week, their largest weekly withdrawal since the 2020 pandemic.
On Monday alone, these funds recorded -$8.2 billion in outflows, the biggest daily outflow in over 6 years.
By comparison
Saudi Arabia just slashed the August price of its main Arab Light crude for Asia by $11 a barrel. That's the biggest drop in over 26 years, according to Reuters ๐ฐ๐
Big news ๐จ
China just got special access in the Strait of Hormuz ๐จ๐ณ
Iran is handing Beijing priority rights to the worldโs key oil route.
Theyโre moving closer together right now, which heats up the U.S.-China trade war.
Not great for the markets at all...