🔥 BIG: JPMorgan, Goldman Sachs, Invesco, and Citadel Securities joined nearly 40 firms testing tokenized assets across blockchain networks in a live Wall Street trial, per BBG. https://t.co/i243MswIAb ...

I actually think there's a bigger story going on. >> Do not be fooled. Crypto holders, take two seconds, smash the like button.Let's get this information out there to as many people as possible because according to Bitwise CIO Matt Hogan, he explains to Bloomberg Crypto why Bitcoin has bottomed plus the number one catalyst that sends Bitcoin higher into end ofear. In fact, he believes we may see a strong end of year. Send today's video to somebody who believes Bitcoin is going lower.My name is Aaron. This i ...

Market Performance & Financial Highlights - Major stock market averages closed mixed, with the Dow falling 21 points, the S&P 500 rising 20 points, and the Nasdaq gaining 143 points [1] - Energy sector companies Marathon Petroleum, Philips 66, and Valero, alongside financial institutions JP Morgan Chase and Bank of America, reached fresh all-time highs in share prices [2] - Home Depot shares declined by 3%, leading the Dow downward [1] Macroeconomic Trends & Inflation - The US budget deficit surged to its highest level since March 2021, driven by debt financing, Medicare, and war costs [2] - Headline Consumer Price Index (CPI) year-over-year inflation hit 3.4% in July, while gasoline saw a month-on-month decline of 2.9% [4] - Airline fares increased by 2.2%, food at home rose by 0.1%, and food away from home grew by 0.3% [5] Industry Dynamics & Corporate Developments - The Los Angeles Lakers sports franchise agreed to a record-breaking acquisition deal of $12 billion, representing a 20% price increase within a single year following the previous $10 billion purchase [3][4] - Alphabet Inc.'s Google launched the Pixel 11 and Pixel 11 Pro Fold featuring Gemini AI integration to advance autonomous agent capabilities [7][8] - China's state-owned aircraft manufacturer Comac completed its first international flight, though challenges remain regarding reliance on foreign components and Western certification [8][9] - The National Retail Federation forecasted that K-12 public school families will spend a record-breaking $43 billion, averaging $864 per family, on back-to-school shopping [9]

So what's your take on this being in line. CPI print you could see under the hood there's disinflation coming from energy. And there's some inflationary pressures coming from housing and elsewhere.Well first of all, when you look at employment report or a CPI report, the truth is CPI is almost always what the analysts think because we have a lot of data going into it was just makes it very hard to have a big surprise. So I'm not surprised that we're not surprised. Uh, having said that, I think there is a cl ...

JPMorgan Asset Management’s chief global strategist said the Federal Reserve should keep interest rates unchanged and predicted that inflation will gradually come down as evidence mounts that a sustained wage-price spiral won’t take root. https://t.co/oN3vje2GzQ ...

Market Trends and Stock Performance - Major stock market averages traded in positive territory, with the Dow Jones Industrial Average rising by 30 points and the S&P 500 index increasing by 17 points [1] - Technology sector showed strong performance, led by Nvidia shares rising by 2.8% and chipmaker shares trading mostly green [1] - Financial and energy institutions including JP Morgan, Bank of America, Marathon Petroleum, Phillips 66, and Valero reached fresh all-time highs [2] - US crude oil remained above $83 per barrel following vessel attacks in the Red Sea and the Gulf of Oman, while the national average for regular gasoline reached $4.3% [2] M&A and Corporate Valuations - The Los Angeles Lakers sports franchise achieved a new record high price, being acquired for $12 billion by investors Josh Kushner and Bob Iger [2][3] - The franchise changed hands within the span of about a year at a 20% increase compared to Mark Walter's previous purchase price of $10 billion [4] Macroeconomic and Inflation Data - The Consumer Price Index (CPI) for July increased by 0.1% on a month-over-month basis, while the headline year-over-year inflation rose to 3.4% [5] - Gasoline prices experienced a month-on-month decline of 2.9% [5], whereas airline fares increased by 2.2%, food at home by 0.1%, food away from home by 0.3%, and owner's equivalent rent by 0.3% [6] - Core Personal Consumption Expenditures (PCE) data was projected at an annual rate of 3.3%, indicating ongoing challenges for the Federal Reserve to reach its 2% inflation target [7][8] Technology and Product Releases - Google launched the Pixel 11 and Pixel 11 Pro Fold, integrating Gemini intelligence to connect cross-app information and operate as an autonomous agent [9] - Apple prepared to introduce its rebuilt Siri powered by Google's Gemini models shortly after Google's product rollout [10]