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Weekly recaps, market analysis, broker comparisons and education, from the Bullwaves desk.
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The U.S. collected a record-breaking $22.3 billion in tariff revenue in May.
President Donald Trump’s aggressive tariff strategy is causing widespread economic disruption globally, yet it is yielding unexpected gains at home.

Uganda Uncovers $12 Trillion in Gold
Uganda has uncovered an estimated 31 million metric tons of gold deposits, with a projected value exceeding $12 trillion.

elon musk officially leaves the trump administration
Elon Musk, CEO of Tesla, is exiting the Trump administration after a high-profile but ultimately unfulfilled tenure as a special government employee tasked with driving federal efficiency.

Everyone in Dubai to Receive Free ChatGPT Plus Access
All residents of Dubai will soon be granted free access to ChatGPT Plus, the premium version of OpenAI’s AI chatbot.

India Becomes the World’s Fourth Largest Economy
India has officially overtaken Japan to become the fourth largest economy globally, according to NITI Aayog CEO B V R Subrahmanyam.

Bitcoin hits new record high above $111,000 as rally marches on
Bitcoin continued its upward momentum on Thursday, surging past a new record high of $111,886.41 during early trading hours in London before settling around $111,012.00.

Mastercard Launches Stablecoin Payment Cards with MoonPay
Mastercard has partnered with MoonPay to introduce stablecoin-powered payment cards for both individuals and businesses, expanding its reach in the crypto space.

McDonald’s says it plans to hire 375,000 people this summer
McDonald’s is launching its largest hiring campaign in five years, aiming to recruit up to 375,000 workers ahead of the summer rush.

China Launches World’s First 10G Broadband Network:
Picture this: you hit play on a 20GB 4K movie, and it’s fully downloaded before you grab a snack. That’s now possible in Sunan County, Hebei Province, thanks to China’s new 10G broadband network

Trump Announces 'Total Reset' in U.S.-China
U.S. President Donald Trump has announced what he described as “great progress” and a “total reset”

A Battery That Could Last a Century Without Recharging
In a world where electronic devices constantly crave power, a revolutionary battery capable of lasting up to 50 years without recharging is poised to change everything.

Skype Shuts Down After Two Decades
After more than 20 years of service, Skype officially shut down on May 5, marking the end of an era for one of the first major video- and voice-calling platforms.

rumors claim ripple made 20B buyout offer to circle
Following Circle's rejection of Ripple's $5 billion acquisition proposal, a new rumor emerged suggesting that Ripple had returned with a much larger offer $20 billion.

Jeff Bezos to offload 25 million shares worth $4.8 billion in Amazon
Jeff Bezos is set to sell 25 million shares of Amazon, valued at approximately $4.8 billion, according to a recent exchange filing.

UAE became the first country to use AI to write laws
The United Arab Emirates is planning to utilize artificial intelligence (AI) to help draft new legislation and revise existing laws, marking a significant step in the Gulf nation's efforts to harness AI.

UK's Deliveroo gets $3.6 billion buyout proposal from DoorDash
On April 5, U.S. meal delivery company DoorDash made a proposal to acquire all of Deliveroo's shares for 2.7 billion pounds ($3.60 billion).

EU fines Apple and Meta for breaking Europe’s digital rules
The European Commission has fined Apple €500m and Meta €200m for violating fair competition and user choice regulations under the EU's Digital Markets Act (DMA).

Gold reaches a new record high, surpassing $3,400/oz
Gold prices surged above $3,400, setting a new all-time high on Monday, as the dollar weakened and rising concerns over the U.S.-China trade conflict increased demand for safe-haven assets.

Chatgpt can now remember everything you ever told it
OpenAI has released a new memory feature for ChatGPT that allows it to retain information from past conversations, making its responses more personalized and efficient.

Nvidia to produce AI servers worth up to $500 billion in US
Nvidia has announced plans to build AI servers worth up to $500 billion in the U.S. over the next four years, in collaboration with partners like TSMC.
