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📣 Meta's Twitter alternative, Threads, will be released on Thursday in the United States and on Friday for the rest of the world.
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📁 The world’s 500 richest people added $852 Billion to their fortunes in the first half of 2023
Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months - Bloomberg
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🚗 The world's first flying car has been approved and is taking preorders at $300,000
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🇩🇪 Drastic increase in TOR clients, a network solution for anonymizing comms on the internet, from Germany — Hacker News
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🇺🇸 The Federal Reserve's payments infrastructure is getting a rebrand. Check out the new FedNow site to learn more about instant payments.
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🔵 Elon has said about Twitter:
- Verified accounts are limited to reading 6000 posts/day
- Unverified accounts to 600 posts/day
- New unverified accounts to 300/day
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BREAKING: 🆘 Twitter faces global outage, thousands of users get ‘cannot retrieve tweets’ error
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🇫🇷 In France, migrants loot police stations and armouries.
Pogroms are intensifying. More than 100 cities are affected by violence. Migrants robbed eight police stations and four arms depots in Marseille, Lyon, Roissy-en-Brie, Beaune-en-France and Alès. In Les Julies, an explosion was captured on video - some reports say it was a rocket-propelled grenade shot. Automatic weapons fire was heard in Lyon.
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🔵 Elon Musk just said Twitter hit another all-time high in user-seconds last week
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🇮🇹 Elon Musk, Mark Zuckerberg can fight at Colosseum, Italian government says
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🐳 Warren Buffett and Berkshire Hathaway $BRK.B owned 915.6M shares of Apple $AAPL as of their most recent portfolio update
Buffett's Apple holdings are currently worth $176.2 Billion up from $119B at the start of the year.
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🇫🇷 Crédit Mutuel bank office burned down by protesters in France.
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🍎 Apple $AAPL is now on pace to become the first company ever to close above a $3 Trillion market cap.
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🇺🇸 Fed interest rate expectations JUMP after PCE inflation data.
There is now an 87% chance of a 25 bps rate hike at the July meeting.
Futures see a 39% chance of at least TWO more hikes by October.
Markets are now pricing-in a 5% chance of THREE more hikes in 2023.
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🇪🇺 Eurozone Flash CPI YoY at 5.5%, continuing its downtrend as expected. Core CPI accelerated slightly, less than expected, to 5.4%.
Core & headline run about 150% above target. These numbers might continue to be high until year-end before disinflationary pressures rise again.
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👻 Snapchat’s $SNAP $3.99 per month subscription service Snapchat+ has reached 4 million paid subscribers in its first year - Axios
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📊 The Nasdaq 100 $QQQ is currently on track for its best first half of the year since 1983 - WSJ
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