Record strong breadth!
Yesterday was the 6th consecutive day that more than 2/3 of the S&P advanced. First time this has happened in 30+ years. h/t @FrankCappelleri
U.S. SEC announces new task force to create a "clear regulatory framework for crypto assets” lead by Commissioner Hester Peirce.
Cryptos are moving up Source: Documenting Bitcoin
JUST IN: 🚨TRUMP TO ANNOUNCE $500 BILLION AI INFRASTRUCTURE INVESTMENT
Trump is set to unveil a private sector-backed AI project called Stargate, led by OpenAI, SoftBank, and Oracle. The companies will invest $100 billion initially, with plans to reach $500 billion over 4 years, starting with a massive data center in Texas. SoftBank CEO Masayoshi Son, OpenAI’s Sam Altman, and Oracle’s Larry Ellison will join Trump at the White House for the announcement. Source: CBS News, Mario Nawfal
This may be the most perfect photo ever taken during trump inauguration.
The longer you stare at it, the more fascinating and remarkable it becomes. Source: Benny Johnson on X
US President Donald Trump issued an immigration directive to withhold birthright citizenship from children born in the US to parents who are illegally residing or hold temporary visas.
This order, effective in 30 days, faced immediate legal challenges from civil rights organizations and advocacy groups, questioning its constitutional validity. Source: Times of India
Elon Musk just shared his thoughts on the TikTok ban
Source: Evan
Shocking stat of the day: Not a single major US government agency is occupying even 50% of their office space.
As a result, the Trump Administration is reportedly considering selling TWO-THIRDS of US government office buildings, per WSJ. This comes at a time when office building prices have already fallen 30%+ from their highs. A mass liquidation of US government office buildings would flood the already weak commercial real estate sector with more supply... Source: The Kobeissi Letter
33 crypto ETFs now currently filed with SEC
The list doubled since Gensler left the building on Friday. Won't be surprised if it hits 50 within a week or two. Source: Eric Balchunas @EricBalchunas
