Bitcoin Topped $118,000 For The First Time, And The US President Threatened New Tariffs
Bitcoin flew to new highs, topping $118,000 as traders piled in ahead of US “Crypto Week”, while the president threatened new tariffs – adding to a growing list of surprise taxes.Today’s stories:Bitcoin Flew To The Moon, Blasting Past $118,000 For The First TimeThe US President Proposed Another New Tariff, This Time On Canadian GoodsTry Finimize Pro
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TSMC Had Another Record-Breaking Quarter, And Revolut’s In Talks To Raise $1 Billion
TSMC had another record-breaking quarter, soothing investors’ nerves and proving that chip demand is still red-hot, while Revolut’s in talks to raise $1 billion from investors – a funding round that would value the fintech at $65 billion.Today’s stories:TSMC Made Investors Chipper, Pulling In Record Revenue Yet AgainFintech Revolut Is Revved And Ready For A $1 Billion Funding RoundTry Finimize Pro
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The US President Threatened A 50% Import Tax On Copper, And China's Factory Prices Fell By The Most In Nearly Two Years
The US president threatened to slap a 50% import tax on copper, sparking a buying frenzy that sent the metal’s price to a record high, while China's factory prices fell by the most in nearly two years, deepening deflation worries.Today’s stories:American Copper Prices Hit A Record High On The Threat Of Fresh TariffsChina’s Factories Are Fighting A Downhill Battle, With Prices On The SlideTry Finimize Pro
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Samsung’s Expecting A Big Profit Drop, And Amazon’s Prime Day Might Be A Little Lackluster
Samsung forecast its worst quarterly performance in a year and a half, while Amazon’s Prime Day might be full of prime cuts – and we’re not talking about steaks.Today’s stories:Samsung Just Warned That Its Second-Quarter Profit Probably Took A Big DipAmazon’s Famous Prime Day Sale Might Look A Little Lonely This YearTry Finimize Pro
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The US President Extended His Tariff Truce, And Hong Kong Became The World’s Busiest IPO Market
The US president extended his tariff truce – but warned trade partners backing “anti-American policies” that they could be next in line for extra duties – while Hong Kong became the world’s busiest IPO market, after Chinese firms ditched the mainland and the US.Today’s stories:The US President Threatened Trade Partners With A Wall Of Higher TariffsHong Kong Has Been King Of IPOs This Year, With Nearly $14 Billion RaisedTry Finimize Pro
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