**Cryptocurrency News**

In recent developments within the cryptocurrency market, Bitcoin Spot ETFs have witnessed inflows amounting to $39 million. This movement has prompted experts to suggest that a “bullish correction” may be underway. Adding to the buzz, the odds of the Trump Coin launch have surged on the crypto betting platform Polymarket, following World Liberty Financial’s announcement of a launch date. Meanwhile, the Gary Gensler-led SEC has directed a specific crypto firm to halt trading for all cryptocurrencies except Bitcoin, Ethereum, and Bitcoin Cash. This regulatory move raises questions about its implications for the broader crypto market.

Furthermore, Worldcoin, founded by Sam Altman, has experienced a significant surge in value following OpenAI’s announcement of o1. Concurrently, XRP has gained momentum due to the launch of the Grayscale Trust. Despite these movements, Bitcoin, Ethereum, and Dogecoin have remained relatively flat as investors await key insights from the upcoming Federal Reserve’s FOMC meeting. A top analyst has issued a warning that if Bitcoin fails to stay above $64K, it could spell trouble for the entire cryptocurrency sector.

**Global Political Landscape**

In world politics, the United Arab Emirates is reportedly planning to press former President Donald Trump on the F-35 deal if he returns to the White House. In a stark warning, Russian President Vladimir Putin has stated that Ukraine’s use of long-range missiles would be perceived as an indication that the US and NATO are at war with Russia. North Korean leader Kim Jong Un recently toured a banned uranium enrichment site, calling for increased production of weapons-grade uranium for what he termed “self-defense.”

Additionally, Navy SEAL Team 6 is reportedly preparing for a potential conflict involving Taiwan amid rapid modernization efforts by Xi Jinping’s Chinese People’s Liberation Army (PLA).

**US Markets Update**

Despite futures suggesting a moderation in tech stock buying, Wall Street is eyeing a strong finish to the week. Strategists are cautioning against making rapid, steep cuts ahead of next week’s Federal Reserve meeting. The S&P 500 has gained for the fourth consecutive session, driven by a rise in tech giants like Nvidia and Alphabet. However, the Greed Index remains in the ‘Fear’ zone.

**US Economic Outlook**

Bernie Sanders has issued a challenge to confront what he describes as the “greed” of elites who are sending factories overseas to China. This comes amid broader discussions about domestic economic policies and their impact on American manufacturing.

**Global Economic Developments**

The Chinese Ambassador has issued a stern warning to the US regarding its “red lines,” emphasizing that the Taiwan question is of utmost importance and must not be crossed. Crude oil prices have risen due to supply disruptions, gold has hit a record high, and the dollar has reached a one-week low. Pro-Russian hackers reportedly disrupted the Taiwan Stock Exchange on Thursday, but services were restored within 22 minutes.

**Technology Sector Highlights**

Broadcom is eyeing $12 billion in AI chip revenue for 2024, spurred by a surge in hyperscaler spending, according to Goldman Sachs. Nvidia’s chip supply to Saudi Arabia is boosting regional sentiment, with experts noting its positive regional impact. Warren Buffett’s top executive Ajit Jain has sold over half his Berkshire Hathaway stake for $139 million amid speculation on stock valuation and potential changes in tax policies.

In other tech news, HPE CEO defends a $4 billion lawsuit against late tech magnate Mike Lynch’s estate, stating it is in shareholders’ best interest. Google co-founder Sergey Brin admitted that the company was “too timid” in rolling out ChatGPT-like language models despite having pioneered similar technologies. Alibaba has launched an AI-powered English version of Taobao in a specific country, quickly propelling the app to the top of local charts.

Huawei’s new $2,800 tri-fold phone is generating buzz for potentially outperforming Apple’s iPhone 16 in China, although replacing its screen could be as costly as purchasing a new iPhone.

**Consumer Sector**

Ford’s profitable Pro Segment chief Ted Cannis is set to retire, marking a significant leadership change within the company.

**Communication Industry**

Networking giant Nokia is seeking a new CEO amid declining sales and subdued share prices. In space communication news, Polaris Dawn crew members shared pictures from space using Starlink satellites with the message “Hello Earth.” Meanwhile, Mark Zuckerberg-led Threads appears to be engaging in an engagement baiting trend to increase user interaction. Meta, Snap, and TikTok have joined forces to combat suicide and self-harm content online by sharing user behavior signals.

**Industrial Sector**

Mike Lindell’s MyPillow company faces a lawsuit from DHL over unpaid bills. Boeing workers have threatened a “strike at midnight,” potentially jeopardizing aircraft production as financial risks loom after 30,000 workers voted for industrial action. Kamala Harris opposed Nippon Steel’s $14.1 billion acquisition of US Steel, labeling it as “doomed” according to United Steelworkers Union Bosses who accuse executives of using “oldest tricks in the book.”

**Financial Sector**

Market analysts are keeping a close watch on two real estate stocks that may collapse this month. Meanwhile, Cathie Wood’s Ark Invest has purchased $6.9 million worth of shares in Nvidia rival AMD while selling off stocks in Palantir and Robinhood.

**Space Exploration**

NASA has delayed its Crew-9 mission yet again to complete prelaunch preparations.

**Energy Sector**

ExxonMobil and Mitsubishi have joined forces for a low-carbon hydrogen project. A $4 million bet has been placed on an energy stock by executives who are also buying into three other stocks. Occidental’s 1PointFive has secured a $500 million boost for its CO2 capture project. Nigerian communities are seeking compensation from Shell for environmental damages. Barrick Gold Corporation is set to complete a feasibility study for expanding its Lumwana mine and aims to start construction in 2025.

**Market News and Data brought to you by Benzinga APIs**