Syz the moment

Per a McKinsey report, the current 500 cobalt, copper, lithium and nickel mines operating today will need to almost double to 900 in order to meet battery demand. Almost 80% increase in mines needed.

S&P 500 earnings reporting by market cap. Two more weeks and then the boom... Source: MS, TM

Source: Oana Labes

Manufacturing Construction Spending in the US continues to hit new highs, increasing 76% over the last year - Source: Charlie Bilello 'Commerce Department figures show that spending on manufacturing structures came to nearly 0.5% of gross domestic product—the most since 1991. In the second quarter, that GDP share looks destined to be higher. Chalk it up to the CHIPS and Science Act and the Inflation Reduction Act, both passed in August last year.' - WSJ

The biggest hedge fund in the world says ChatGPT was able to pass its investment associate test and it's like 'having millions of them at once' Source: Business insider

Salesforce (CRM US) has broken the flag on the upside. It's now trying to break major resistance 221-225. Keep an eye at this key level. (Source : Bloomberg)

ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets. Their spirits were lifted after regulators gave their blessing to 2X Volatility Shares to start trading the first ETF in leveraged Bitcoin futures on June 23.

Donald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets.

Source: Decrypt

Israel’s central bank left interest rates unchanged for the first time in over a year, halting an unprecedented cycle of monetary tightening but signaling it’s still on alert for the threat of faster inflation.

Source: Bloomberg