Crypto Trump Reports Over $1B in Crypto Income, $635M From $TRUMP Coin Trump's 2025 financial disclosure shows more than $1 billion in crypto income, headlined by $635M in $TRUMP memecoin royalties and over $500M from World Liberty Financial token sales.
Politics Biden rips Trump: ‘billions made’ since returning to White House Joe Biden ripped Trump at a Maryland Democratic Party gala, saying Trump has made billions since returning to the White House and calling it embarrassing for the country.
Tech Micron Set to Be Third-Most Profitable U.S. Company After NVDA, GOOGL Micron’s fiscal Q3 report puts it on track to be the third-most profitable U.S. company behind only Nvidia and Alphabet, with $28.2B in net income and an 84.9% gross margin driven by AI memory demand.
Markets 1 in 4 White-Collar Workers Are Stalling Out, Per WSJ A Burning Glass Institute and NYU study cited by WSJ finds 24.2% of white-collar workers are in a mid-career stall, with no raise or promotion in 5+ years.
AI Gen Z to Hold Twice as Many Jobs as Prior Generations: WSJ WSJ reports Gen Z will hold roughly twice as many jobs as prior generations as AI reshapes entry-level work. Here is the data, the corporate split, and the tickers worth watching.
Markets GameStop Reaffirms eBay Takeover Bid After Board Rejection GameStop is sticking with its roughly $56B bid for eBay after the board’s rejection, while lifting FY26 adjusted EBITDA guidance above $600M and growing its eBay stake to 7.8%.
Tech Taiwan raids Super Micro (SMCI) offices in widening chip-smuggling probe Taiwan raided Super Micro (SMCI) offices and affiliated sites in a widening probe into alleged smuggling of Nvidia AI chips into China. SMCI shares dropped as much as 9% before paring losses.
AI Ford rehires veteran engineers after AI fails quality checks Ford rehired around 350 veteran engineers after AI-powered quality systems fell short, then reclaimed the top spot in J.D. Power’s 2026 Initial Quality Study for the first time since 2010.
Tech WhatsApp Opens Username Reservations for 3 Billion Users Meta's WhatsApp is opening username reservations to its 3 billion users, letting people connect without sharing phone numbers. The full feature launches later this year.
Macro Trump: I Want To Drive Housing Prices Up, Not Down Trump said at a cabinet meeting that he wants to drive housing prices up, not down, to protect homeowner wealth. The comments complicate the administration’s affordability pitch and raise questions for homebuilders and housing-linked stocks.
Macro Japan Hikes Tourist Visa Fee 400% to 15,000 Yen, First Bump Since 1978 Japan is raising single-entry tourist visa fees 400% to 15,000 yen ($93) from July 1, 2026, its first hike in 48 years. Western travelers stay exempt, but Chinese, Indian, and Vietnamese tourists pay up.
Macro Record Number of Americans Are Leaving the US, per CNBC CNBC reports the US saw net negative migration in 2025 for the first time in at least 50 years, with Brookings estimating up to 295,000 net departures. Here is what the trend means for housing, payments, and brokerages.
Markets FIFA reportedly weighing 64-team World Cup expansion for 2038 FIFA is reportedly weighing a 64-team World Cup as soon as 2038, per Sports Business Journal. Infantino is said to be cool on the idea, but the commercial pull is real for broadcasters, sponsors and sportsbooks.
Markets Pentagon Delays Iran Strike Announcement to Avoid Market Impact The Pentagon delayed announcing U.S. strikes on Iran until after market close to minimize immediate financial impact.
AI Data center construction spending tops airports, ports, transit combined US data center construction spending has crossed $50 billion annualized, topping airports, marine terminals, and mass transit combined. The AI capex cycle is now structurally holding up nonresidential construction.
Politics JD Vance Addresses Concerns Over President Trump's Stock Trades Vice President JD Vance clarifies that President Trump does not personally manage his stock trades, addressing concerns over recent disclosures.
Politics Speaker Johnson Warns of Democratic Investigations if GOP Loses House Speaker Mike Johnson warns that a Democratic House majority could lead to extensive investigations into President Trump's circle, potentially impacting market stability.
Tech AOC Calls for Apple Breakup as MacBook, iPhone Prices Climb Rep. Alexandria Ocasio-Cortez is calling for Congress to break up Apple after the company hiked MacBook and iPad prices, blaming an AI-driven memory chip crunch. AAPL fell roughly 6% on the news.
Tech Samsung to Unveil $646B, 10-Year Spending Plan at Korea Briefing Samsung Group is set to unveil a $646 billion, 10-year spending plan at a June 29 South Korean government briefing, with capex aimed at chips, AI data centers, batteries and displays.
Politics Trump: ‘I’d Be the Greatest Communist in History’ Trump told the Faith & Freedom Coalition he’d be ‘the greatest communist in history,’ attacking NYC socialist wins and rent-control politics. Here’s the market angle.
Geopolitics US and Iran Agree to Halt Strikes, Meet in Doha This Week The US and Iran have agreed to halt strikes and meet in Doha this week to discuss the Strait of Hormuz, after a weekend of tit-for-tat attacks tested the ceasefire.
Politics California's 4 Richest Paid Just 0.07% of Wealth in Income Tax: NYT California's four richest residents paid an average 0.07% of their wealth in state income tax from 2019 to 2025, per NYT, as a billionaire wealth tax heads to the November ballot.
Real Estate Over Half of U.S. Homes Sold Below List Price In 2025, 62.2% of U.S. homes sold below their original list price, with buyers securing an average discount of 7.9%, the largest since 2012.
Markets Volkswagen Reportedly Plans 100,000 Job Cuts, Four Plant Closures Volkswagen is reportedly weighing up to 100,000 job cuts and the closure of four German plants, in what could become the biggest restructuring in the automaker’s 89-year history.
Geopolitics Trump Says Iran Violated Ceasefire With Drone Strike on Ship in Hormuz Trump accused Iran of a ‘foolish violation’ of the ceasefire after a drone hit a cargo ship in the Strait of Hormuz. US Central Command struck Iranian missile, drone, and radar sites in response.
