📊 💸 World’s Richest Lose $134 Billion in Stock Slump | Bloomberg

🔶️ Red flags have been waving for big tech as investors express fears that AI-fueled gains are overdone or the market is too concentrated. Some high-profile earnings disappointments, along with uncertainty over the size and timing of possible Federal Reserve rate cuts, have helped plunge the Nasdaq 100 Index into correction territory, wiping out more than $2 trillion in value in just over three weeks.

🔶️ Nvidia Corp. and Tesla Inc. are down more than 20% from recent highs, though both remain up for the year. Technology billionaires in total saw $68 billion carved from their fortunes as of 12:33 p.m., according to Bloomberg’s wealth index.

🔶️ Bezos, 60, the world’s second-richest person, has been steadily offloading Amazon shares this year. He sold stock worth about $8.5 billion over nine trading days in February. And on a day last month when Amazon hit a fresh record, he disclosed a plan to sell 25 million additional shares worth $5 billion.

https://www.bloomberg.com/news/articles/2024-08-02/bezos-wealth-drops-by-21-billion-as-amazon-sinks-on-ai-fears

https://archive.ph/5LU0P

🇺🇦🇷🇺🇻🇪💀 Volodymyr Zelensky via his X account:

Worrying reports of Russian Wagner mercenaries being spotted in Venezuela alongside government forces. Wherever these thugs go, they bring death and destabilization.

This is a clear example of Russia's shameless meddling in other countries' affairs, as well as its usual strategy of sowing chaos around the world.

We see that the people of Venezuela are going through a very difficult time. And the only way out is through peaceful and democratic procedures, not through sending murderers to further exacerbate the situation.

We condemn the use of force against peaceful protesters and urge everyone to respect the people's choice. True leaders don’t hide from their own people behind mercenaries’ backs.

@FelipeChannel

🇻🇪⚡️ — María Corina Machado: "We do not promote violence, and going out to protest civilly and peacefully is not violence. We will not give up our right to civil protest."

🇻🇪 — In San Cristobal, Táchira, Bolivarian National Guards express their support for the protesters.

🇻🇪🇻🇪💥 — Motorcyclists from Nicolás Maduro's regime are reported to be on their way to the rally called by María Corina Machado.

👤📡 🚀 Raptor engines versions 1, 2 and 3 for the Starship.

You can see as it has developed that it has definitely become more optimized in the design.

"The best part is no part. The best process is no process. It weighs nothing".

- Elon Musk

https://x.com/WallStreetSilv/status/1819584473891045537/photo/1

@FelipeChannel

📱‼️❌ Unfortunately, I've been hearing this from multiple friends. Telegram Wallet seems to be actively engaging in AML scams.

They advertise that one can deposit up to $3,500 without any additional verification, but I've personally witnessed a case when a $100 Bitcoin deposit was blocked due to "dirty" coins because Telegram has to comply with certain "industry standards". Now, the poor guy has to give up a ton of documents to a shady company to get his $100 back.

In part, this happens because bitcoins are not fungible. There are no "dirty" coins on Monero. In part, because companies like @wallet_tg
want to attract more customers to impress their investors, have to be "compliant", but understand that no one will be sending them documents for $100 deposits, so they have to false-advertise the $3,500 number 🤷‍♂️

https://x.com/nikzh/status/1819399247692779984

@FelipeChannel