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JUST IN: Fed's Powell: Market sentiment declined due to trade policy worries.
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JUST IN: Fed Chair Powell suggests that rate cuts may be on the horizon. With a strong labor market and declining inflation, maintaining current rates is deemed appropriate. He emphasizes patience, indicating that waiting a few months will lead to a more informed decision.
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Insider Selling at Record Levels.
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JUST IN: Trump believes Iran was only weeks away from developing a nuclear weapon.
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When you buy $10,000 of the S&P 500 here's how much of the largest stocks you're buying

$694 of Microsoft $MSFT
$690 of Nvidia $NVDA
$581 of Apple $AAPL
$397 of Amazon $AMZN
$365 of Google $GOOGL
$299 of Facebook $META
$230 of Broadcom $AVGO
$179 of Tesla $TSLA
$175 of Berkshire Hathaway $BRK.B
$147 of JPMorgan $JPM
$124 of Eli Lilly $LLY
$119 of Visa $V
$192 of Netflix $NFLX
$95 of Exxon Mobil $XOM
$90 of Mastercard $MA
$85 of Costco $COST
$80 of Walmart $WMT
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JUST IN: President Trump criticizes Powell, calling him "the worst" and a "real dummy," claiming he's costing America billions.
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Bloomberg:

The U.S. is preparing to launch a strike on Iran in the coming days.
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This stock is up 59,900% in 2025.
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Odds of a nuclear deal between the US and Iran are still rising:

Despite recent escalations between Israel and Iran, there is still a 47% chance of a new US-Iran nuclear deal in 2025
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JUST IN: Iran has warned it might shut the Strait of Hormuz due to ongoing Israeli attacks. About 20% of the world’s oil and 30% of global LNG transit this route.
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Google’s YouTube Shorts is now averaging 200 billion daily views.
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The Swiss National Bank cut interest rates by 25 bps to 0%.
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JUST IN: U.S. stock market futures drop by 1% amid rising tensions between Israel and Iran.
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Forwarded from Crypto Insider
Biggest data leak ever: 16B passwords exposed

Forbes reports an unprecedented breach: over 16 billion accounts with passwords from Apple, Google, Telegram, Facebook, GitHub, and even government services have been leaked online. The source is widespread malware campaigns (info-stealers).

This dwarfs the previous record of 184M accounts leaked in May 2025.

What to do now:
1. Change your passwords (email, banking, socials)
2. Enable two-factor authentication (2FA)
3. Avoid suspicious links and attachments
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Trump doubles down on Powell pressure
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Iran and U.S. hold direct talks amid rising tensions
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The Times of Israel:

β€œWe expect a U.S. decision on joining within 24–48 hours.”
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The next FOMC decision is set for July 30 and the probability for a rate cut is 8.3%
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White House on Iran:

– Trump will decide on a possible strike within two weeks
– He still sees diplomacy with Iran as viable
– He believes there's a strong chance for talks with Tehran
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2025/07/12 15:57:02
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