Macroeconomic and Market Trends - S&P 500 performance is annualized around 20%, while earnings are growing at year-over-year rates above 30% [1] - Core CPI is at 2.5% year-over-year, approaching the lowest level, reflecting the deflationary pressures of artificial intelligence [2] - U.S. immigration authorities removed more than 350,000 individuals in fiscal year 2026, averaging 1,450 arrests per day in June [68][69] Artificial Intelligence and Sector Growth - AI thematic portfolio features around 100 names, having bounced strongly off the bottom with the Cosby 200 index up 70% year-to-date [1] - Anthropic is expected by people to reach 120 billion U.S. dollars in Annual Recurring Revenue (ARR) by the end of the year [27] - Palantir reported company revenue growing at 149% year-over-year [33] Financial Technology and Blockchain - Figure Technologies reported revenue growing at over 100% year-over-year and EBITDA growing at more than 50% year-over-year, achieving a rule of 150 [4] - Figure Technologies rapidly scaled to become the third largest Home Equity Line of Credit (HELOC) originator in the country [10] - Galaxy 1 offers 3.5% Annual Percentage Yield (APY) on cash, with an 8% yield guaranteed for accredited investors earning over 200 thousand U.S. dollars a year [77]