To The Moon

Cloud computing shares fell on Friday. Nebius down nearly 10%; CoreWeave down 8%; IREN down over 6%; Hut 8 Mining down about 5%; Oracel down over 2%.

UPDATE 1-Google hit with $1 billion EU fine, in 'constructive' talks to avoid more penaltiesGoogle fined 460 million for favouring own servicesAnother 430 million fine for anti-steering restrictionsEU

A senior Iranian source said mediators have proposed a 10-day pause in strikes to seek a way to restore the interim agreement between Iran and the US.

President Donald Trump has reimposed a US naval blockade on Iranian vessels in the Strait of Hormuz and demanded a twenty percent fee on all other cargo transiting the crucial waterway.Trump's...

UPDATE 1-US military launches strikes against Iran, Central Command saysAdds details in paragraph 2-5WASHINGTON, July 7 -The U.S. military has launched a series of strikes against Iran, U.S. Central Command said Tuesday, adding that the strikes were in response to what it said were Iranian attacks on three commercial vessels that were transiting the Strait of Hormuz."U.S. Central Command forces have begun launching a series of powerful strikes against Iran to impose heavy costs for targeting and attacking commercial shipping," a U.S. military statement said."Iran’s demonstrated aggression was unwarranted, dangerous, and a clear violation of the ceasefire," it added.It was unclear what specifically the U.S. targeted but Iranian media said six projectiles hit the area of Taheroui pier in Sirik in southern Iran.This marks the first known U.S. military strikes against Iran since late last month, when there were several days of strikes and counterstrikes between the two.

ZURICH, June 22 (Reuters) - U.S. Vice President JD Vance said on Monday in Switzerland that progress has been made in talks with Iran, with Tehran agreeing to allow nuclear inspectors into the country and conversations over the inspections possibly beginning as soon as this week.

Consumer stocks, bitcoin and gold are on that shopping list. Bank of America's Michael Hartnett likes consumer stocks, real-estate investment trusts and gold if peace in the Middle East breaks out soon.With markets increasingly confident of a peace agreement being signed soon between the U.S. and Iran, investors may be wondering which assets they should be buying when the announcement comes.Hartnett said President Donald Trump should move quickly to wrap up the U.S.-Iran conflict, because getting asset prices higher is the best way to implement his "America First" strategy. The urgency comes as Trump's inflation approval rating has plummeted to 27% - dropping below former President Joe Biden's - while U.S. oil inventories are hovering at a 45-year low. As well, data released this week showed consumer-price inflation above 4%.India and Indonesia were also badly affected by the spike in energy prices and the difficulty in obtaining sufficient quantities of crude . The rupee has fallen 5%

Iran has made no commitments regarding the transfer of management control over the Strait of Hormuz, state news agency IRNA reported. According to the agency, the memorandum of understanding (MOU)...

01 Stock MarketThe U.S. major indexes closed as follows: Dow Jones up 1.86% at 50,848.75; S&P 500 up 1.75% at 7,394.30; NASDAQ up 2.54% at 25,809.66. A decisive rebound in large-cap technology and...

Analysts on Wall Street are informing potential investors in SpaceX's upcoming public offering that their financial models forecast a hundredfold increase in revenue for the company's artificial...