Financial World Updates
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Received real time updates about the Financial World ๐ More News: @Cryptocurrency_Inside Politic Only : @PoliticFinance Contact : @LukaGrantTG
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After industry pushback, the Bank of England is considering easing proposed stablecoin limits on corporate holdings, indicating possible exemptions for certain firms.
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๐บ๐ธ 44% of US homeowners and renters are struggling to afford their regular rent or mortgage payments, per Redfin.
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The US stock market capitalization-to-GDP ratio has reached a record high of 221%.
Since the April low, this metric has surged by 58 percentage points, marking a level 4.6 times higher than at the 2008 Financial Crisis low.
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JPMorgan CEO Jamie Dimon says the US government shutdown will not hurt financial markets.
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๐ฉ๐ช Germany proposes raising the retirement age to 73 to prevent the pension system from collapsing.
- Reuters
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Palantir is trading like a true AI cult favorite. Its forward P/E has soared from 31x in 2022 to a staggering 221x today.
โฆ In 2023, it was 41x
โฆ In 2024, it jumped to 61x
โฆ Now, investors are pricing in absolute perfection
The story has shifted from data analytics to โAI infrastructure,โ with the market treating Palantir like the next Nvidia. At these sky-high valuations, itโs clear that faith has replaced caution.
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๐ง๐ฌ๐ง๐ซ๐จ๐ฎ๐ฉ๐ฏ๐ช๐ฌ
๐บ๐ธ S&P launches new crypto index consisting of 15 cryptocurrencies & 35 crypto-related stocks.
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๐ค 5
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BNY Mellon, the world's largest custodian bank, is considering the introduction of tokenized deposits and blockchain payments.
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Repost from CryptoWorldNews
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#BNB hits a new all-time high of $1,300.
โค๏ธ @CryptoWorldNews
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๐ฅ The AI bubble is dรฉjร vu of 1999
Paul Tudor Jones warns US stocks look like the dot-com bubbleโand the parallels are wild: record deficits, a dovish Fed, and tech valuations flying far beyond reality.
But this time, the maniaโs around AI:
๐ OpenAI teams with Oracle on a $300B data-center plan.
๐ Oracleโs stock soars 40%, making its 83-year-old founder the richest person alive.
๐ Oracle buys Nvidia chips; Nvidia reinvests $30B into OpenAI.
๐ OpenAI inks a deal for 6 gigawatts of GPUs from AMD, plus rights to 160M AMD shares.
๐ AMD jumps 35% pre-market.
No data centers built, no chips deliveredโyet hundreds of billions in market cap magically appear.
Itโs a perfect, circular dance of hype and money, just like 1999โs tech crazeโbut now written in silicon. The stage is set for a dramatic finale.
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The owner of the NYSE is nearing a deal to acquire a $2 billion stake in the prediction market platform Polymarket, according to a Wall Street Journal report.
โค๏ธ @CryptoWorldNews
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#ENS is showing signs of a breakout on the 12H chart, as it keeps testing a strong resistance multiple times. If it breaks through, we could see the price rally up to $32!
Trade the Altseason now with US & BITUNIX โ 20% Bonus, 125x Leverage & No KYC! ๐ค
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The U.S. stock market has surged to 305% of the M2 money supply, getting close to dot-com bubble heights.
To compare:
โฆ 2008 crisis โ 290%
โฆ Dot-com peak โ 370%
So, the market only needs about a 21% boost to hit the iconic 2000 bubble level.
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Gold has officially surpassed $4,000 per ounce for the first time ever.
Its total value now stands at around $27 TRILLION.
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Trilogy Metals shares ($TMQ) have surged more than 210% after the US government announced it would acquire a 10% stake in the company. The US government's investment portfolio is expanding rapidly.
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๐ฎ๐ท Iran discovers 10 trillion cubic feet of natural gas worth billions of dollars.
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๐บ๐ธ US Dollar has lost over 10% of its value this year.
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๐ฆบ๐๐ถ๐ฅฝ๐ฅผ
10% of Americans aged 55 and older see AI as a major threat to their jobs within the next two years, per Deutsche Bank.
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