📈 Stocks / Finance

Trump Threatens 25% Tariff on Non-U.S. iPhones

Nasdaq

President Trump proposed a 25% tariff on iPhones not made in the U.S., pressuring Apple to shift production domestically. Apple shares fell 3%, marking an 8-day losing streak. Analysts estimate tariffs could cost Apple $900M this quarter.

BioSig Soars 24% on Blockchain Expansion Deal

Trading View

BioSig surged 24.4% after announcing a share exchange with Streamex, gaining exposure to tokenized commodity markets. The deal gives Streamex 75% of BioSig shares and positions BSGM in the $5.6B asset tokenization market projected by 2026.

Dimon Warns of Complacency Amid Stagflation Risks

The Street

Jamie Dimon cautioned investors against market complacency, citing rising stagflation risks. Sticky inflation, job losses, and tariff shocks have driven extreme S&P 500 volatility, while Moody's U.S. downgrade and ballooning deficits heighten systemic pressure.

🪙 Crypto

Trump Media Eyes $3B Crypto Investment Push

Yahoo Finance

Trump Media plans to raise $3B—$2B in equity, $1B in bonds—for cryptocurrency investments, per FT. The move follows bitcoin's 45% surge to $112K on May 22. Trump has backed crypto via a 'strategic bitcoin reserve.' Trump Media is down 24% YTD, now valued at $5.7B.

🌎 Global Economy

Global Markets Rise on U.S. Tariff Delay

STL News

U.S. postponement of EU tariffs sparked rallies in Europe and India, with Stoxx 600 up nearly 1% and Nifty 50 surpassing 25,000. Asian markets were mixed. Investors await key U.S. data this week, including GDP, inflation, and Fed minutes, to gauge global economic momentum.

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