🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 21 June 2024
📌 OpenAI competitor Anthropic announces its most powerful AI yet. The company said Claude 3.5 Sonnet is faster than its previous leading model, Claude 3 Opus, and is the first model from Anthropic’s new Claude 3.5 family.
📌 Trump Media plummets 15% as DJT stock sell-off deepens. Trump’s 114,750,000 shares in the company trading as DJT, worth more than $5.6 billion at the beginning of the month, have lost more than $2 billion in value.
📌 Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project. Super Micro shares popped more than 8% in recent trading, while Dell gained 1%.
📌 China’s Central Bank Hints at Major Policy Shift. Pan Gongsheng, governor of the People’s Bank of China, said the monetary authority might restart trading Treasury bonds in secondary markets, a policy shift that could rewrite the way Beijing manages its financial markets.
📌 Car Dealers Are in Turmoil as Cyber Incidents Strike Software Provider. CDK Global has shut down its systems serving nearly 15,000 auto dealers, and some of the businesses are resorting to pen and paper to carry out their sales operations.
Sources: CNBC, Bloomberg, WSJ
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Date: 21 June 2024
📌 OpenAI competitor Anthropic announces its most powerful AI yet. The company said Claude 3.5 Sonnet is faster than its previous leading model, Claude 3 Opus, and is the first model from Anthropic’s new Claude 3.5 family.
📌 Trump Media plummets 15% as DJT stock sell-off deepens. Trump’s 114,750,000 shares in the company trading as DJT, worth more than $5.6 billion at the beginning of the month, have lost more than $2 billion in value.
📌 Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project. Super Micro shares popped more than 8% in recent trading, while Dell gained 1%.
📌 China’s Central Bank Hints at Major Policy Shift. Pan Gongsheng, governor of the People’s Bank of China, said the monetary authority might restart trading Treasury bonds in secondary markets, a policy shift that could rewrite the way Beijing manages its financial markets.
📌 Car Dealers Are in Turmoil as Cyber Incidents Strike Software Provider. CDK Global has shut down its systems serving nearly 15,000 auto dealers, and some of the businesses are resorting to pen and paper to carry out their sales operations.
Sources: CNBC, Bloomberg, WSJ
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[Trading Guide: Best Investing & Trading Books of All Time]
After reading over 200 books on trading and investing, I have compiled a comprehensive list of some of the more popular ones, which is a great resource for anyone looking to get started.
Read more 👉🏻 https://synapsetrading.com/?p=35714
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After reading over 200 books on trading and investing, I have compiled a comprehensive list of some of the more popular ones, which is a great resource for anyone looking to get started.
Read more 👉🏻 https://synapsetrading.com/?p=35714
Share 🍻 https://www.tg-me.com/synapsetrading
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 22 June 2024
📌 Apple Intelligence won’t launch in EU this year due to antitrust regulation. Apple said it would work with the EU to come up with a solution to allow the rollout of the new products.
📌 Putin and Kim Bring Back Cold War-Era Military Alliance to Tense Region. The leaders of Russia and North Korea signed an accord pledging assistance if the other country is attacked, stirring concern in the U.S., South Korea, and Japan.
📌 Will Debt Sink the American Empire? After growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have eventually met unhappy ends.
📌 U.S. Business Activity Grows as Europe Recovery Slows. Business activity in the U.S. continued to grow rapidly this month, according to surveys of purchasing managers released Friday, but there were signs of a surprise slowdown in Europe as political uncertainty disrupted the flow of new orders.
📌 Japan Inflation Picks Up, Adding to Hopes for Rate Hikes by BOJ. Japan’s consumer inflation picked up in May, adding to market expectations for interest rate increases from the Bank of Japan.
Sources: CNBC, Bloomberg, WSJ
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Date: 22 June 2024
📌 Apple Intelligence won’t launch in EU this year due to antitrust regulation. Apple said it would work with the EU to come up with a solution to allow the rollout of the new products.
📌 Putin and Kim Bring Back Cold War-Era Military Alliance to Tense Region. The leaders of Russia and North Korea signed an accord pledging assistance if the other country is attacked, stirring concern in the U.S., South Korea, and Japan.
📌 Will Debt Sink the American Empire? After growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have eventually met unhappy ends.
📌 U.S. Business Activity Grows as Europe Recovery Slows. Business activity in the U.S. continued to grow rapidly this month, according to surveys of purchasing managers released Friday, but there were signs of a surprise slowdown in Europe as political uncertainty disrupted the flow of new orders.
📌 Japan Inflation Picks Up, Adding to Hopes for Rate Hikes by BOJ. Japan’s consumer inflation picked up in May, adding to market expectations for interest rate increases from the Bank of Japan.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: What are Blockchain Forks & How do they Affect Your Trading Platform?]
Have you come across the term "blockchain fork", "hard fork" or "soft fork"?
In this blog post, I will explain exactly what blockchain forks are, the different types of forks, and why it is important for your trading platform and portfolio.
Read more 👉🏻 https://synapsetrading.com/?p=44219
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Have you come across the term "blockchain fork", "hard fork" or "soft fork"?
In this blog post, I will explain exactly what blockchain forks are, the different types of forks, and why it is important for your trading platform and portfolio.
Read more 👉🏻 https://synapsetrading.com/?p=44219
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 23 June 2024
📌 Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans. Regulators found fault with the way each of the banks planned to unwind their massive derivatives portfolios. Derivatives are Wall Street contracts tied to stocks, bonds, currencies, or interest rates.
📌 America Is Running Out of Options in the Gaza War. President Biden’s stalled plan for a Middle East cease-fire is a political vulnerability ahead of his debate with the presumed GOP candidate, Donald Trump. Israel and Hamas have a longer timeline.
📌 Will Debt Sink the American Empire? After growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have eventually met unhappy ends.
📌 Delivery Drivers Got Higher Wages. Now They’re Getting Fewer Orders. When apps raised fees to offset pay increases in New York and Seattle, they frustrated customers and workers.
📌 Car, Truck Dealers Assess Fallout From CDK Cyberattack. CDK software services nearly 15,000 dealers, which use it to manage sales, payroll, and general office operations.
Sources: CNBC, Bloomberg, WSJ
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Date: 23 June 2024
📌 Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans. Regulators found fault with the way each of the banks planned to unwind their massive derivatives portfolios. Derivatives are Wall Street contracts tied to stocks, bonds, currencies, or interest rates.
📌 America Is Running Out of Options in the Gaza War. President Biden’s stalled plan for a Middle East cease-fire is a political vulnerability ahead of his debate with the presumed GOP candidate, Donald Trump. Israel and Hamas have a longer timeline.
📌 Will Debt Sink the American Empire? After growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have eventually met unhappy ends.
📌 Delivery Drivers Got Higher Wages. Now They’re Getting Fewer Orders. When apps raised fees to offset pay increases in New York and Seattle, they frustrated customers and workers.
📌 Car, Truck Dealers Assess Fallout From CDK Cyberattack. CDK software services nearly 15,000 dealers, which use it to manage sales, payroll, and general office operations.
Sources: CNBC, Bloomberg, WSJ
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[Infographic: Book Summary: Die with Zero]
Instead of hoarding a large sum of money to retire in your 60s, check out this new revolutionary approach to financial planning which allows you to maximise your life experiences and retire early.
Read full post 👉🏻 https://synapsetrading.com/?p=36483
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Instead of hoarding a large sum of money to retire in your 60s, check out this new revolutionary approach to financial planning which allows you to maximise your life experiences and retire early.
Read full post 👉🏻 https://synapsetrading.com/?p=36483
Share 🍻 https://www.tg-me.com/synapsetrading
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 24 June 2024
📌 China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday.
📌 Australia to tighten supermarket regulations and introduce new penalties. Australia plans to strengthen a code of conduct and introduce new penalties amid concerns that big grocery chains have too much leverage over their smaller suppliers.
📌 UPS sells freight-brokerage operation to RXO. The deal for just over $1 billion falls short of the $1.8 billion UPS paid for Coyote Logistics nearly a decade ago.
📌 Why it pays for startups to move to Silicon Valley. Locating in tech hubs often raises a startup’s odds of success, research suggests. And that’s especially the case with Silicon Valley.
📌 Deadly counterfeit air bags are making their way into vehicles. Regulators are accelerating arrests and car companies are warning dealers to be more vigilant as knockoff air bags are being installed in vehicles during post-crash repairs.
Sources: CNBC, Bloomberg, WSJ
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Date: 24 June 2024
📌 China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday.
📌 Australia to tighten supermarket regulations and introduce new penalties. Australia plans to strengthen a code of conduct and introduce new penalties amid concerns that big grocery chains have too much leverage over their smaller suppliers.
📌 UPS sells freight-brokerage operation to RXO. The deal for just over $1 billion falls short of the $1.8 billion UPS paid for Coyote Logistics nearly a decade ago.
📌 Why it pays for startups to move to Silicon Valley. Locating in tech hubs often raises a startup’s odds of success, research suggests. And that’s especially the case with Silicon Valley.
📌 Deadly counterfeit air bags are making their way into vehicles. Regulators are accelerating arrests and car companies are warning dealers to be more vigilant as knockoff air bags are being installed in vehicles during post-crash repairs.
Sources: CNBC, Bloomberg, WSJ
Share 🍻 https://www.tg-me.com/synapsetrading
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 25 June 2024
📌 The Clock Is Ticking on Jane Fraser’s Citigroup Turnaround. The CEO has called this a critical year for the troubled banking giant, after two decades of half-measures and strategic missteps..
📌 Trucker US Logistics Solutions Shuts Down in Bankruptcy. The Texas-based operator filed for chapter 7 liquidation, eliminating some 2,000 jobs..
📌 Apple Hit by First Charges Under New European Tech Law. The move cements the iPhone maker as the tech company that EU regulators are targeting the most aggressively under its new law.
📌 Music Labels Take On AI Startups With New Lawsuits. Universal, Sony and Warner allege that the two companies generate sound-a-likes of popular recordings using copyrighted works..
📌 Fashion Empire Shein Has Filed for London IPO. The confidential filing earlier in June came after U.S.-China tensions hit New York plans..
Sources: CNBC, Bloomberg, WSJ
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Date: 25 June 2024
📌 The Clock Is Ticking on Jane Fraser’s Citigroup Turnaround. The CEO has called this a critical year for the troubled banking giant, after two decades of half-measures and strategic missteps..
📌 Trucker US Logistics Solutions Shuts Down in Bankruptcy. The Texas-based operator filed for chapter 7 liquidation, eliminating some 2,000 jobs..
📌 Apple Hit by First Charges Under New European Tech Law. The move cements the iPhone maker as the tech company that EU regulators are targeting the most aggressively under its new law.
📌 Music Labels Take On AI Startups With New Lawsuits. Universal, Sony and Warner allege that the two companies generate sound-a-likes of popular recordings using copyrighted works..
📌 Fashion Empire Shein Has Filed for London IPO. The confidential filing earlier in June came after U.S.-China tensions hit New York plans..
Sources: CNBC, Bloomberg, WSJ
Share 🍻 https://www.tg-me.com/synapsetrading
Always remember that trading is a game of probability, and no outcome is 100% certain. Adopt this mentality and you will not become overconfident and be tempted to go all-in on any trade.
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Want to learn how to create a second source of income with 15 minutes a day?
Join me in the next live trading workshop, where I share the trading skills & strategies I used to become a self-made millionaire in my 20s, which allowed me to travel to 70+ countries, buy a penthouse, and invest in various businesses.
I will also be doing a comprehensive market analysis covering various markets, showcasing my current portfolio allocations, and lastly we will be doing some live trading together.
This is great for those who are looking to take their first trade in a safe and guided setting, within a fun-infused and content-packed workshop.
I am limiting this workshop to only 15 pax to ensure a good learning experience, so register early to avoid disappointment: 👇🏻
https://synapsetrading.com/?p=24088
Date: 09 July 2024 (Tuesday)
P.S. This is not a sales preview or a "motivational" seminar, it is a paid workshop ($25) for those who are serious about starting their trading journey with me.
See you soon! 💪🏻🙂🔥
Join me in the next live trading workshop, where I share the trading skills & strategies I used to become a self-made millionaire in my 20s, which allowed me to travel to 70+ countries, buy a penthouse, and invest in various businesses.
I will also be doing a comprehensive market analysis covering various markets, showcasing my current portfolio allocations, and lastly we will be doing some live trading together.
This is great for those who are looking to take their first trade in a safe and guided setting, within a fun-infused and content-packed workshop.
I am limiting this workshop to only 15 pax to ensure a good learning experience, so register early to avoid disappointment: 👇🏻
https://synapsetrading.com/?p=24088
Date: 09 July 2024 (Tuesday)
P.S. This is not a sales preview or a "motivational" seminar, it is a paid workshop ($25) for those who are serious about starting their trading journey with me.
See you soon! 💪🏻🙂🔥