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Panic Drop
@panic-drop
GM degens! If you missed the past 24 hours in crypto and stocks, here's your full recap: 🚨 Major Headlines & Market Moves 🚨 → Israel-Iran conflict intensifies, with direct missile exchanges hitting Tel Aviv and Haifa. US futures are currently up +1%. → China’s mixed data: May industrial output slowed to +5.8% y/y (11-month low), but retail sales beat at +6.4%. Result: commodities cooled, consumer stocks strengthened. → ADNOC makes an $18.7B bid for Santos, aiming to expand LNG reach. Aussie gas producers rose, while Asian utilities slid on expected higher input costs. → Air-India 787 crash adds pressure on Boeing, just before the Paris Airshow. BA stock dropped –4.8%, while Airbus demand outlook improved. → 🇵🇰 Pakistan’s Finance Minister spoke with Michael Saylor about Bitcoin → 🇯🇵 Metaplanet purchased ¥16.88B in BTC → 🇻🇳 Vietnam’s National Assembly approved legislation to legalize crypto → Saylor hints at another BTC buy: “Bigger Dots are ₿etter”
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gm fren
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Have a great monday fren
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