🗞 Catch up on the news over the last 24 hours!
🔥 Mark Zuckerberg creates an AI agent to help run Meta, aiming to eliminate management layers and speed up decision-making, WSJ reports.
🚨 Japanese stocks fall sharply as Hormuz Strait tensions drive risk-off sentiment, with Nikkei 225 down 3.1%.
🚨 Gold price has fallen below $4,350/oz, down over 5% since futures opened, wiping out $1.5T in market cap in 3 hours.
🇺🇸 Fidelity urges SEC to develop framework allowing broker-dealers to trade crypto assets on alternative trading systems, per Fidelity letter.
🚨 NYSE exchanges scrap 25,000-contract position limits on 11 Bitcoin and Ether ETF options, per Federal Register filings.
🇺🇸 Markets price in 12.4% chance of Fed rate hike at April 29 meeting, CME FedWatch shows.
🚨 Gold is now down 22% from its record high, officially entering bear market territory.
🔥 CZ: “Bitcoin is a hard asset.”
⚡️ Robinhood CEO Vlad Tenev outlines two AI futures, companies hoarding discoveries or empowering users to drive innovation, backing the latter approach.
🚨 Trump orders 5-day pause on strikes against Iran after “productive” talks.
🔥 Strategy bought 1,031 $BTC for ~$75.3M.
🔥 Telegram has fully repaid its 5-year bonds and reached profitability in 2024, with its latest bond issuance oversubscribed.
🚨 BlackRock CEO Larry Fink warns that AI could significantly widen the gap between rich and poor.
⚡️ OpenAI is reportedly offering private equity firms a 17.5% guaranteed return and early access to its models to fund enterprise AI expansion amid competition with Anthropic, per Reuters.
🚨 NVIDIA CEO Jensen Huang says “we’ve achieved AGI.”
🔥 Prediction market rivals, Polymarket and Kalshi CEOs both invest in same $35M prediction market VC fund, Fortune reports.
🚨 Jim Cramer says, “Really relentless bearishness in all sectors.”
