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Amazon will be the first company ever to spend more than $100 billion on capital expenditures in a single year.
More than 50% of that CapEx will be spent on tech infrastructure. How much more runway does AWS have to grow? $AMZN Source: finchat
World debt has now officially crossed $300 trillion
And still continues to climb aggressively Source: Bravos Research
Human nature doesn’t change, just the bubbles change
Source: Michel A.Arouet
US private sector hiring rose by just 37,000 jobs in May, the lowest in more than 2 years… Trump had this to say 👇
Source: Stocktwits
BlackRock Chairman and CEO Larry Fink writes in the FT that the old economic model is coming apart.
So what comes next? He talks about the emerging second draft of globalization, built not just to generate prosperity, but to aim it towards the people and places left behind the first time: https://on.ft.com/4kGO3vQ
After a 24% rally from the April lows, the S&P 500 is now up 5% since the "Liberation Day" tariff announcement.
$SPX Source: Charlie Bilello
Yesterday, Nvidia $NVDA became the world's most valuable company at $3.444 Trillion, surpassing Microsoft $MSFT
Source: Companies Market Cap
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