OnlyFans is the most revenue-efficient company in the world, per Variety

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TODAY: Crypto firm Gemini has confidentially filed for a U.S. IPO.

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BREAKING: 🚨🚨 President Trump calls for a 100 basis point Fed interest rate cut and calls it “rocket fuel.”

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🇪🇺 European Union Spokesperson says Elon Musk is welcome in Europe.

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🚨 Elon Musk's Starlink gets licence to launch in India.

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🇨🇦 Canadian Prime Minister Mark Carney calls PM Modi and invites him to the G7 Summit.

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🚨🚨 "Companies are hiring less in roles that AI can do," per BI

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🇺🇸 President Trump to announce next Fed Chair "very soon” to replace Jerome Powell.

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🇨🇳 China's central bank conducts outright reverse repo operation, injecting 1 trillion yuan ($139 billion) into the market.

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JUST IN: 🇺🇸 President Trump says his relationship with Elon Musk is over.

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🇺🇸🇨🇳 US & China to hold trade talks in the United Kingdom next week.

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🇺🇸 Elon Musk deletes post accusing President Trump of being in the Epstein files.

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🇺🇸 U.S. Vice President JD Vance says he wishes for Elon Musk’s ‘return to the fold.’

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🚨🚨 Hedge Funds bought Global Stocks last month at the fastest pace in history

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🚨 YouTube is now blocking users with ad blockers.

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🇺🇸 United States will need to issue more than $10 Trillion worth of Treasuries this year, the largest Treasury issuance in history

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📊 Key Events This Week:

1. Atlanta Fed GDPNow data - Monday

2. May CPI Inflation data - Wednesday

3. 10-Year Note Auction -Wednesday

4. May PPI Inflation data - Thursday

5. Michigan Inflation Expectations data - Friday

6. Michigan Consumer Sentiment data - Friday

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⚡️ Mark Zuckerberg and $META are in talks to make a investment which could exceed $10 Billion in value into artificial intelligence startup Scale AI - Bloomberg

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⚡️ Tether CEO Paolo Ardoino stated that if Tether were to go public, its valuation would reach $515 billion, making it the 19th largest company in the world—surpassing Costco and Coca-Cola.

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🚨🚨 Cathie Wood predicts $TSLA to reach $2,600 by 2030.

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BREAKING: 🚨 US existing home sales dropped -3.1% year-over-year to an annualized 4.0 million in April, the lowest for any April since 2009.

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