• Trump threatens to increase tariffs if countries fail to comply with drug policy - [IH]
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• Trump warns that China tariffs will increase if no deal is reached - [IH]
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• Trump: China tariffs won't return to 145% - [IH]
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• US considers chip sale to Emirati AI firm G42 - [DB]
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• U.S. expected to announce Saudi AI chip deal this week - [DB]
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• UAE secures deal for 'hundreds of thousands' of GPUs - [DB]
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• S&P 500 and NASDAQ 100 close at highest levels since early March - [DB]
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• S&P 500 Index rises 20% since April low, approaching bull market - [DB]
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• Truth Social denies rumors of a new memecoin launch - [AGGR]
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• JPMorgan now forecasts the next Fed rate cut in December, down from September, while Citi expects it in July. Goldman Sachs also shifts its prediction to December and lowers US recession odds to 35% from 45%. Barclays aligns with December for the next cut - [IH]
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• U.S. CPI rises 2.3% year-over-year (est. 2.4%), while core CPI remains at 2.8% year-over-year (est. 2.8%) - [Tree]
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• Yuga Labs sells Cryptopunks IP to the Infinite Node Foundation - [Zoomer]
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• Microsoft is cutting 3% of its workforce - [IH]
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• US considers allowing UAE to purchase over one million advanced NVIDIA chips - [IH]
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• Trump predicts the market will rise significantly - [DB]
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• Thailand government to raise $150 million from the public via crypto token - [Zoomer]
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• Trump calls for the Fed to lower interest rates - [DB]
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