✅ Iran denied reports of negotiations with the U.S., while Yemen’s Houthis claim to have successfully attacked an oil terminal in Saudi Arabia. 💥
Oil prices remain largely unchanged, but stocks and cryptocurrencies have moved into the red.

Last highlights:

🔸 Apple has regained its position as the world’s most valuable company by market capitalization after NVIDIA shares dropped 5% during today’s sell-off. Investors are increasingly concerned about the company’s financial position due to its massive AI investments.

🔸 In China, GPU prices jumped 12-30% in a single day as NVIDIA and AMD shift production toward AI processors. Looks like the coming “chipflation” may soon spread to other markets. 🫡

🔸 Strategy sold $544.5 million worth of shares and added the proceeds to its cash reserve. The company also plans to repurchase STRC shares below their $100 par value, but only by selling MSTR shares and BTC.

🔸 The Japanese yen has fallen to a 40-year low against the U.S. dollar amid the Bank of Japan’s ongoing monetary tightening.

🔸 Morgan Stanley maintained its $300 per share valuation for SpaceX, even though the company’s shares hit a new low today, falling below $110.

🔸 China’s DeepSeek unexpectedly halted its second major funding round after the company had reportedly been valued at $71 billion.

🔸 Amazon has filed an application to deploy 5,105 satellites to build a direct-to-phone service competing with Starlink. Deployment is expected to begin in 2028.

🔸 On its first day of trading, shares of Chinese chipmaker CXMT surged 465%. 🔼

🔸 Storj Labs, the decentralized cloud storage project, has filed for bankruptcy as part of a voluntary financial restructuring process.