Donald Trump did not lose on Thursday. Our once venerated legal system did. And, by extension, all Americans lost something precious. Because the failure of justice is a failure of the people. The conviction of the former president in a Manhattan courtroom was preordained. With the inexorable verdict, the ideals of a fair trial and…
Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in the negotiation stage. More Companies Looking to Adopt Microstrategy’s Bitcoin…
The social-media platform is teaming up with NewsNation to air separate events with the former president and Robert F. Kennedy Jr. https://www.wsj.com/articles/musks-x-plans-live-town-hall-with-donald-trump-ahead-of-election-6cf33daa
NIO’s shares rose sharply in Hong Kong on expectations the Chinese electric-vehicle maker’s deliveries would likely hit a record high in May. https://www.wsj.com/articles/nio-shares-jump-on-potential-record-sales-in-may-3495aa33
Amit Sinha, CEO of DigiCert, discusses his outlook for the company’s business and the digital security space as technological innovations such as quantum computing and generative AI bring forth an increased amount of digital trust issues. He speaks with Annabelle Droulers and Haidi Stroud-Watts on “Daybreak Australia”. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/tGoL5mW
A New York jury convicted former President Donald Trump on all 34 felony charges of falsifying business records related to a hush money payment. https://www.cnbc.com/2024/05/31/cnbc-daily-open-trump-guilty-in-hush-money-trial.html
The cost of hedging Indian stocks has surged by the most since the onset of the Covid-19 pandemic ahead of the general election’s outcome next week. from Bloomberg Markets https://ift.tt/pVSK9Mn
Residents described militia attacks on displaced people in the Sudanese city of El Fasher, amid warnings of a repeat of the brutal violence in Darfur two decades ago. https://www.wsj.com/articles/genocide-survivors-in-darfur-are-caught-in-another-brutal-battle-d729b143
Skydance Media submitted a sweetened bid for Paramount Global that Paramount directors are expected to review shortly. https://www.wsj.com/business/media/skydance-sweetens-merger-offer-for-paramount-31ff433c
Credit Agricole economist Xiaojia Zhi says the unexpected contraction in China’s factory activity is “quite disappointing.” The country’s official manufacturing purchasing manager index fell to 49.5 in May. That compares with a reading of 50.4 last month. She discusses the data on “Bloomberg: The China Show.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/MhTtZ1J