📊 SpaceX lost $1 trillion in market cap since last month.

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🇺🇸 SK Hynix, $SKHYV, a South Korean semiconductor company, breaks the record for the largest-ever U.S. equity offering by a foreign company.

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🇨🇦 Canada is having the “worst” first-year economy of any new prime minister in 60+ years.

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🇯🇵 Bank of Japan set to keep interest rates unchanged in July but maintain policy guidance pledging to continue raising rates.

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🇺🇸🇮🇷 US gives Iran until Saturday to reopen the Strait of Hormuz.

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📊 S&P 500 closes rises for a second straight week and closes just 0.6% away from a fresh record high.

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🚨🚨 Microsoft $MSFT faces backlash after announcing 4,800 layoffs.

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🇮🇷🇧🇭 Iran launches strikes on Bahrain.

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🇦🇷 Argentine peso has lost 99.66% of its value against the dollar since 2013.

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🇺🇸 Lindsey Graham, Republican Senator from South Carolina, has died at the age of 71.

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🇮🇷 Iran says the Strait of Hormuz is closed until "stability is restored."

🇺🇸 US says the Strait of Hormuz is open to all vessels.

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📊 Key Events This Week:

1. Markets React to Strait of Hormuz Closure - Today, 6 PM ET

2. June CPI Inflation data - Tuesday

3. June PPI Inflation data - Wednesday

4. June Retail Sales data - Thursday

5. July Philly Fed Manufacturing Index - Thursday

6. July MI Inflation Expectations data - Friday

7. July MI Consumer Sentiment data - Friday

8. ~10% of S&P 500 Companies Report Earnings

We have a highly eventful week ahead of us.

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🇨🇦🇺🇸 40% of Canadian Businesses are looking to relocate to the United States.

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📊 S&P 500 stocks with the highest returns in 2026

1. SanDisk: +707%
2. Dell Technologies: +245%
2. Micron: +243%
4. Western Digital: +238%
5. Seagate Technology: +230%
6. Intel: +197%
7. Marvell Technology: +177%
8. AMD: +160%
9. Applied Materials: +134%
10. Moderna: +130%

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🇺🇸 Eric Trump’s bitcoin mining bet has erased more than $600 million from his family’s fortune - Bloomberg.

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🇺🇸🇮🇳 US Judge Order Adani to Reveal Any Secret Deal Behind Dropped Bribery Case by July 15.

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🇺🇸🇮🇳 U.S. analysts believe Australia letting India have uranium is "risky", as there's no guarantee they will truly use it for 'peaceful purposes.'

"India should be nowhere close to nuclear capabilities."

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🇰🇷 South Korea’s stock market has lost over ₩213.5 trillion ($150B) in value within the past hour.

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🇺🇸 US Dollar’s share of global reserves has dropped to a 21st-century low.

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BREAKING: 🚨🚨 SK Hynix crashes -15.4% in its biggest drop in history.

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