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Trump's Iran ''deal'' worse than JPCOA was / SpaceX, change NASDAQ rules / MSFT, Uber & SBUX Ai setbacks

  • sc0172
  • 9 hours ago
  • 3 min read
  • Is Ai THAT good ? Starbucks, MSFT and Uber say 'nope'... (see below articles)....China adds AI chips to secure technology assessment list amid US curbs >> In plain English: American chips are being pushed out of China’s most sensitive procurement systems — party organs, government agencies, state-owned enterprises, and strategic public sectors, and China capital outflows stories, are flows heading into HK.. (Thread)

  • Iran war updates : Trump asserted that no one nation would control the vital Strait of Hormuz waterway, highlighting a key sticking point in resolving the war with Iran. Hours later, American forces carried out airstrikes on an Iranian military site, as a resolution to the war that began nearly three months ago remains elusive despite recent optimism. A US official said the attacks were defensive and the US intends to maintain the existing ceasefire, Trump continues to suggest a deal with Iran is close, he finds himself caught between two extremes: Tehran’s demand for financial relief and an end to attacks, and pressure from Republican hawks to “finish the job” — or at least not to sign a bad deal, pressure is on for Trump to accept and declare any deal done..Trump painted himself in a corner by trashing JCPOA ("Obama deal") only to find out that his improvisations can only get a worse deal, yup we all know this..

  • Markets : Chart of the Week - Korea? For most investors the KOSPI is not the first index they check when they get to the desk, Eq a little softer Iran/US negotiation deadlock (Lebanon trivcky amongst other things..!),

  • China’s yuan is rapidly eating into dollar dominance Goldman Sachs says RMB use in China-linked trade surged from 13% in 2019 to 30% last year, while cross-border yuan transactions exploded from 9 trillion yuan in 2017 to 64 trillion in 2024. Beijing sees the yuan's internationalization as strategic insurance — and the trend is only accelerating

  • Elon Musk wants a SpaceX IPO valuing the company at upwards of $1.75 trillion >>> to get there he got the rules changed so that index funds, with millions of Americans' retirement savings, are forced to buy in #SpaceX


IS AI that GOOD ?? ...maybe not ....these -3- say 'nope', -3- massive setbacks it seems.. and they will have to monetize ti all on current valuastions ?.. hummm

























 
 
 

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