JUST IN: ✈️ Spirit Airlines officially shuts down.

🚨🚨 Tech companies announced 81,747 layoffs in Q1 2026, the highest quarterly total since at least Q1 2024.

🇨🇳 China says it does not recognize U.S. sanctions on Iranian oil purchases and will not comply with them.

📊 Berkshire Hathaway is now sitting on a staggering $397 Billion in Cash, enough to buy 479 companies in the S&P 500.

🌐 OPEC+ will raise oil output targets by 188,000 barrels per day starting in June, according to a draft statement.

📊 Market Overview:

SPX: $7230
NASDAQ: $25114
Bitcoin: $78749

@Fin_Watch

📊 Key Events This Week:

1. March JOLTS Job Openings data - Tuesday

2. April ISM Non-Manufacturing PMI data - Tuesday

3. April ADP Nonfarm Employment data - Wednesday

4. April Jobs Report - Friday

5. Total of 11 Fed speaker events this week

6. ~20% of S&P 500 companies report earnings

🇺🇸 Treasury Secretary Bessent says Americans should be concerned about AI hacking their bank accounts.

🇦🇪 UAE oil giant ADNOC to invest $55 billion in new projects by 2028.

🇺🇸 Trump on Iran proposal: It’s not acceptable to me. I’ve studied it, I’ve studied everything – it’s not acceptable.

🇵🇭 Philippine Peso has fallen to an all-time low against the U.S. Dollar.

🚨🚨 Stock Market could plunge 30% this year warns Legendary Economist Gary Shilling.

JUST IN: 🇺🇸🇨🇳 US calls on China to help reopen the Strait of Hormuz and restore energy flows.

BREAKING: 🇦🇪 UAE says a fire has erupted in a petroleum industrial site following a drone attack from Iran.

Brent crude oil prices surge over +6% on the news to $115/barrel.

JUST IN: 🇦🇪🇮🇷 UAE air defenses are currently intercepting incoming Iranian missile and drone attacks.

🇺🇸 Warren Buffett says the current market drop is nothing.

"A much larger decline is ahead."

🇦🇪🇮🇷 Fire breaks out at UAE's Fujairah Oil Industry Zone following Iranian drone attack.

JUST IN: 🇺🇸 Treasury 30-year yield tops 5.01% for first time since July.

🇺🇦🇷🇺 Ukraine launched over 200 strike drones towards Moscow, Russia.

📊 The Samsung founding family paid a record-breaking $8 billion (12 trillion won) inheritance tax bill

The family said that “paying taxes is a natural duty of citizens”