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Alpha isn't just the first letter of the Greek alphabet. It's a mindset. It's seeing opportunity where others see chaos.
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❗️🇪🇺 The Eurozone's preliminary May data shows a decline in economic activity. The Composite PMI stands at 49.5, down from 50.4. The Manufacturing PMI is reported at 49.4, slightly up from 49, while the Services PMI has dropped to 48.9 from 50.1.
🇷🇺 The management company of the "Mother and Child" network is acquiring the clinic network of the Expert Group for 8.5 billion rubles.
🚀 Open interest in Bitcoin options has surged to a record $42.5 billion. Traders are betting on a bullish future for BTC as they set their sights on new targets. For more details, visit CoinDesk.
🚨🇬🇧 Britain’s economic outlook shows mixed signals, according to the latest data. The Composite PMI for May stands at 49.4, up from 48.5 previously. However, the Manufacturing PMI has declined to 45.1, slightly down from 45.4. On a positive note, the Services PMI increased to 50.2, compared to the earlier figure of 49.
🚀 Bitcoin is viewed through the lens of "maximalists" as the purchasing power of the US dollar has diminished by 98% over the past century. This decline highlights the potential of BTC as an alternative store of value amid ongoing economic shifts. For more insights, visit this link.
🇦🇺 Rio Tinto is set to undergo a leadership change as its CEO, Jakob Stausholm, will step down later this year. For more details, visit Reuters.
🚀 On May 23, VolatilityShares is set to launch the first futures XRP ETF with the ticker #XRPI. Analysts at BBG believe this move is a precursor to the imminent launch of a spot XRP ETF.
⚡️Russian oil company Tatneft has announced that its shareholders have approved dividends for 2024, amounting to 43.11 rubles per ordinary and preferred share.
💥✴️🇺🇸 MSTR's unrealized profit from investments in BTC has surpassed $23.8 billion.
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🚨 The T-Bank predicts that the Bank of Russia will lower its key interest rate by 1% to 2% at its upcoming meeting on June 6.
🚫🇷🇺 According to SD Yakovlev, dividends for 2024 will not be paid. The announcement was made during the meeting on June 23.
🚀 Brazilian fintech giant Méliuz is set to acquire BTC worth $27 million for its balance sheet.
🚗 China’s BYD has made history by selling more electric vehicles in Europe than Tesla for the first time. This milestone marks a significant shift in the electric vehicle market, highlighting BYD's growing influence in the region. For more details, visit FT.
✈️ The Russian Ministry of Industry and Trade has announced that the reduction in funding for the state program on aviation will not affect the timelines for certification and delivery of the SJ-100 and MS-21 aircraft to airlines. This statement comes amidst ongoing discussions regarding the future of the aviation industry in the country. For more details, visit TASS.
🚨 Russia's T-Technologies has confirmed its plans to distribute up to 30% of profits as dividends, aiming to implement this strategy by the end of 2025, according to the company's president.
💥✴️ FIFA has announced a partnership with Avalanche to develop its own blockchain, further expanding its Web3 ambitions. The collaboration aims to enhance the organization's digital strategy and engagement with fans through innovative technologies. For more details, visit the full announcement here.
📈 On May 23, the Astra Group will hold a meeting to discuss dividends for 2024. For more details, visit this link.
🚨 Russia's T-Technologies currently have no plans for a SPO to increase capital but are monitoring the market, stated the president.
🇨🇳🇪🇺 Chinese President Xi Jinping spoke with French President Emmanuel Macron over the phone, according to CCTV.
The State Duma has approved in the first reading a draft law that introduces a phased connection of banks and merchants to the platform of the digital ruble.
🚨 KAMAZ has revised its forecast for the heavy truck market in 2025, cutting the estimate from 80,000 to 45,000 units.