Litquidity Newsroom

Taylor Swift’s tour is set to earn $1B+ in sales, the PCE index rose 3.8% in May, Credit Suisse private bankers were told to update resumes amid manager selections, Meta unveiled its Threads app to take on Twitter, and cocaine was found in the White House.

All the defi, crypto, web3 news you need in one scroll

All the defi, crypto, web3 news you need in one scroll

The US Supreme Court ruled that Affirmative Action is unconstitutional, the US economy is firing on all cylinders, Morgan Stanley’s board is considering choices for a new CEO, Google is pulling its news service in Canada, Virgin Galactic completed its first commercial flight, and Shein filed for an IPO.

AI and chip stocks were down on news that the US may limit chip exports to China, US banks have increased sales of loan portfolios to private lenders, Apple stock hit a record high, the Biden-McCarthy deal failed to tame US debt, Teamsters want a final contract from UPS, and OpenAI was sued for theft.

All the defi, crypto, web3 news you need in one scroll

UBS is cutting half of Credit Suisse’s workers, A judge rejected SBF’s bid to throw out his fraud charges, Tesla charging tech is becoming the US standard, Google laid off staff from Waze, Costco is cracking down on membership sharing, PE firms are taking smaller deals, and Disney beat an investor lawsuit over its feud with DeSantis.

KPMG is cutting 5% of its US jobs, New York might ban noncompetes, Eli Lilly’s new weight loss drug is showing promising results, Apple is launching a new Apple Watch in the fall, Meta launched a VR subscription, Blackstone wants to sell half of its stake in the Bellagio, and Pickleball is causing a spike in health insurance costs.

All the defi, crypto, web3 news you need in one scroll

A coup started (and ended) in Russia over the weekend, SpaceX is selling insider shares at a $150B valuation, Ozempic-like pills are coming, companies are trying a new strategy called “siloing” to stay in China, the UK wants to tame greedflation, Goldman is cutting 125 MDs, and Litquidity got a front page feature in the Financial Times!

All the defi, crypto, web3 news you need in one scroll

The US Navy detected the Titanic sub’s implosion days ago, US jobless claims held steady at a 20-month high, Meta is ending access to news on Facebook and Instagram in Canada, Japanese inflation is above the BoJ’s target, shares of startups are dirt cheap, TikTok’s COO quit, and Warren Buffett has given away $50B+ to charity.