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Monday, July thirteenth, 2026Pre-market futures are down at this hour, led by the tech sector on the Nasdaq, which has shed -372 factors at this hour, -1.24%. The Dow is -97 factors, -0.18%, the S&P 500 -33, -0.43%. The small-cap Russell 2000 is -12 factors decrease presently, -0.41%, and the one index of the 4 to not have made features on Friday.Information from South Korea’s newly minted SK Hynix SKHY inventory is sending shares down -10% presently, and taking memory-chip makers like SanDisk SNDK down -6% with them. SK Hynix CEO Kwak Noh-Jung introduced in the present day that 2027…
One other 12 months, one other demand from Pennsylvania Gov. Josh Shapiro to lawmakers to legalize adult-use hashish – and all main to a different stalemate, with no progress towards opening the following greatest adult-use market within the U.S. Regardless of fashionable help, adult-use marijuana legalization is absent from the finances deal Shapiro signed into legislation on Sunday, as Philly Voice famous. The principle wrongdoer seems to be a longstanding partisan impasse. Since taking workplace in 2023, Shapiro, a Democrat, has used his annual finances speech to name for legalization as a straightforward supply of state income. And Republicans have…
Alvin Lang Jul 13, 2026 20:17 Iranian state media reported almost a dozen “enemy projectiles” hit Qeshm Island, with new explosions in Bandar Abbas, calling it a fifth wave of US strikes since a ceasefire three weeks in the past. Polymarket odds dip to 67% on Iran Hormuz charges by Dec 31 after strike stories Polymarket Dips After Qeshm Island Strike Experiences, however Hormuz Payment Odds Maintain Close to 67% by Dec. 31 Polymarket merchants are pricing a 67% likelihood that Iran expenses Hormuz charges by the December 31 strike available on the…
A Florida federal decide in a scathing order Monday mentioned President Donald Trump filed a $10 billion lawsuit in opposition to the Inside Income Service “for an improper function” — to achieve the looks of “judicial legitimacy for a ‘settlement’ that had no viable foundation in regulation or reality.”That controversial out-of-court settlement with the IRS and Division of Justice in Could briefly led the DOJ to create a since-abandoned $1.8 billion “lawfare” fund to compensate purported victims of prosecutorial overreach by the division. It additionally led to Trump, his members of the family and associated enterprise entities being granted efficient…
Bolivia has moved nearer to recognizing Tether’s USDT as an official fee possibility alongside the boliviano and the U.S. greenback because the nation continues to grapple with a chronic scarcity of international forex. Abstract Bolivia is contemplating recognizing USDT as an official fee possibility alongside the boliviano and U.S. greenback. Native banks already help USDT providers because the nation struggles with a chronic greenback scarcity. Tether is increasing institutional use of USDT whereas pursuing stronger reserve transparency by a KPMG audit. Based on studies from Bolivia, authorities officers are weighing a proposal that will permit USDT to flow into as…
V-Formed Backside 2.0?So far, 2026 is shaping up eerily equally to 2025. In 2025, U.S. fairness markets suffered a swift and violent correction after President Trump unveiled his ‘Liberation Day’ blanket tariff coverage. Nevertheless, after a short multi-week correction, equities started to cost within the tariff information, climb the proverbial wall of fear, and create a V-shaped restoration. Earlier this 12 months, the identical worth motion occurred after the U.S. bombed Iran. Shares corrected and recovered swiftly in a V-shaped vogue.Picture Supply: TradingViewThe Trump Seasonality is RepeatingHistorical past doesn’t at all times repeat itself, but it surely does are inclined…
Key takeaways When the inventory market dips and buyers are involved about inflation, gold’s value tends to extend. Gold has traditionally held its worth and elevated in value over time, making it a helpful long-term funding software. Traders can use gold as a safe-haven asset by shopping for bodily gold cash or bars, gold exchange-traded funds (ETFs), or gold mining shares. Gold is a safe-haven funding, that means its worth stays regular and even will increase in periods of financial uncertainty. Not like shares, the worth of gold is not tied to a single nation or firm, and gold has…
New Mountain Finance: Overpenalized, 35% NAV Low cost, 14% Yield
Hyundai Motor’s U.S. and Mexican operations have accomplished a pilot cross-border treasury cost utilizing Tether’s USDT stablecoin, settling a $20,000 switch in about seven minutes over the Avalanche blockchain. Abstract Hyundai accomplished a $20,000 USDT treasury switch between the U.S. and Mexico in about seven minutes. The Avalanche-based pilot examined stablecoin settlement with out altering present treasury compliance and accounting processes. Tether continues increasing its enterprise technique via company pilots and up to date investments in blockchain infrastructure. In accordance with Tether, the proof-of-concept concerned Hyundai Motor America changing U.S. {dollars} into USDT earlier than sending the stablecoin to Hyundai…
Add ZyCrypto Information On GoogleOutstanding gold advocate and BTC critic Peter Schiff has acknowledged that if Bitcoin loses 50% of its present valuation, the treasury firm Technique can be decimated fully. He gave these feedback in one other hard-hitting tweet that rubbished claims that the agency may stay protected within the occasion of such a large value dump. Bitcoin is buying and selling proper across the $64k value stage at press time, after a determined protection of the $60k help stage over the past couple of weeks. The cryptocurrency was extensively touted to drop beneath its long-term value help stage,…