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Vivian Jenna Wilson, Elon Musk's transgender daughter, bravely speaks out against her father, accusing him of being 'cruel' and 'uncaring' towards her feminine identity. Wilson reveals Musk pressured her to hide her true self and even authorized her gender-affirming care while making controversial remarks about her identity. Changing her name and denouncing her father in 2022, Wilson emphasizes Musk's absence and criticism of her femininity during her childhood. Despite Musk referring to her with her deadname, Vivian stands up against his statements, highlighting his misconceptions and the need for her voice to be heard.

The US Justice Department accuses TikTok of gathering user data on sensitive topics like abortion and gun control, transferring it to ByteDance in China. Concerns arise over China potentially manipulating content to disrupt US democracy. The government deems TikTok's security measures insufficient and insists a ban wouldn't violate free speech. TikTok's internal tools allegedly allow data gathering on controversial subjects, with lawmakers also expressing worries about anti-Israel content. A looming law could prompt a TikTok ban if ties with ByteDance aren't severed, leading to a potential Supreme Court battle.

Bitcoin rallies as US economic data drives 7% surge, aiming for $69K; Traders watch $68.9K resistance level closely. Trump's upcoming speech at Bitcoin 2024 conference, with targets set at $74K. Bullish wedge pattern emerges, indicating $85K potential. Michael Saylor predicts Bitcoin at $13M by 2045, 7% of global wealth.

US stocks soared as investors reacted positively to the easing inflation data and anticipated interest-rate cuts. The Dow, S&P, and Nasdaq recovered from the recent tech-led sell-off and climbed higher. The key focus was on the PCE index, which showed a slow rise in 'Core' PCE. Additionally, investors are eagerly awaiting quarterly earnings from tech giants such as Apple, Microsoft, Amazon, and Meta. Wall Street is now questioning whether the recent sell-off is a turning point towards lower prices or just a typical bull-market pullback. Despite the positive sentiment, the broader market was dragged down by selling pressure in the mega-cap space, with volatility making a strong comeback. Meanwhile, Bristol Myers Squibb, Colgate-Palmolive, and 3M are set to publish their second-quarter updates. Overall, the market remains cautious but optimistic, with expectations for a September Fed rate cut to support stocks after the recent tech-led selloff.

Kamala Harris, endorsed by Barack and Michelle Obama, is engaged in a fierce battle against Donald Trump, who plans to hold a rally in Butler, PA following a near-assassination. Despite facing attacks from Trump's VP pick Vance, Harris's win is hailed as 'monumental' by US Olympian Felix. Meanwhile, Trump skips the debate, drawing criticism from Buttigieg, as Harris enjoys a smooth start after Biden's sudden withdrawal due to health concerns. In the latest polls, Harris has closed the gap with Trump since launching her presidential bid after Biden's exit, gaining ground among key Democratic constituencies. However, the Trump campaign warns of a 'Harris Honeymoon' in the polls, pointing out differences in enthusiasm among voters. Despite slow reflection in polling averages, unweighted polls show Harris trailing Trump by a narrow margin. Swing state polls also indicate Harris performing better than Biden. Trump has intensified his attacks on Harris, portraying her as a far-left threat and criticizing her stance on liberal values.

JD Vance's comments about Kamala Harris being a 'childless cat lady' have resurfaced, but her blended family is coming to her defense. Harris' husband, ex-wife, and daughter have all spoken out about her loving and nurturing role as a co-parent. Vance's remarks are seen as insulting and ignorant, as not having biological children does not diminish one's care for the country. Vance's struggle as the Republican nominee for Ohio senator, compounded by his controversial comments and viral memes about having sex with a couch, has led to low polling and doubts about his viability. His focus on encouraging family growth through policies like additional votes for parents and higher taxes for the childless is not widely embraced by the public, and his derogatory comments about childless individuals have further alienated potential voters.

OpenAI introduces SearchGPT, a free AI search engine aiming to rival Google's dominance. The launch raises concerns for tech giants as OpenAI plans to monetize the tool without ads. Partnerships with publishers like News Corp and The Atlantic ensure early adoption. The prototype merges AI models with web data, promising quick, accurate responses. The move poses a significant threat to Google's 91% search market share, impacting tech stocks. Meanwhile, Meta's Llama 3.1 model, though available, faces restrictions on usage, emphasizing control over development direction. Zuckerberg sees it as an industry milestone, but the returns for investors and tech corporations remain pivotal.

Former President Obama endorses Kamala Harris for president, boosting her campaign. Harris secures support from unions, celebrities, and the Clinton family, including Michelle Obama. Despite Trump's attacks calling her 'incompetent,' mispronouncing her name, Harris remains resilient. She aims to be the first female and second Black president, with a strong campaign presence. Harris's momentum soars with the release of a video featuring Beyoncé's 'Freedom.' Additionally, a record-breaking Zoom call organized by gun control activist Shannon Watts mobilizes white female voters for Harris, making strides in shifting voting patterns. Harris's campaign flourishes, capitalizing on Biden's support and diverse backing.

Wildfires in Northern California and western Canada continue to rage, forcing evacuations in affected areas. The Park fire, the largest wildfire this year, has burned over 71,400 acres in California and is only 3 percent contained. The smoke from these fires has spread across the western U.S., reaching the East Coast. Firefighters are facing extreme fire behavior and are using bulldozers and crews to battle the blazes. In Canada's Jasper National Park, a wildfire has destroyed about a third of the town of Jasper, prompting evacuations of residents and visitors. Rain and cooler conditions are aiding firefighters, but the fire remains out of control. Overall, both California and Canada are experiencing intense fire seasons, with multiple fires burning simultaneously.

Venezuelan President Nicolas Maduro faces a significant challenge in the upcoming presidential election against opposition candidate Edmundo Gonzalez Urrutia. Maduro trails by almost 40 points, with the opposition Unitary Platform coalition aiming to unseat him and improve relations with the West. The country's economic crisis, worsened by US sanctions, has led to a mass exodus of over 7.7 million people since 2014. Maduro's warnings of a potential 'civil war' or 'bloodbath' if he loses raise concerns about a peaceful transfer of power. Additionally, a recent NGO report highlights 135 arrests linked to opposition campaign activities since January, with ongoing tensions between the incumbent and the opposition intensifying as the election nears.

Major tech stocks like Nvidia, Microsoft, Meta, and Amazon are on the rise, accompanied by gains in the Dow Jones, S&P 500, and Nasdaq. US consumer spending is up, propelling the growing economy despite the Federal Reserve's high-interest rates. However, Alphabet and Tesla face penalties for underperformance. Investors eagerly await news from tech giants and the Federal Reserve meeting. Individual stocks such as 3M, Bristol Myers Squibb, Colgate-Palmolive, and Deckers Outdoor are experiencing substantial price hikes. The market's resilience and the need for strategic investment approaches are evident, with a Santa Claus rally possibly on the horizon. International markets remain steady, with a focus on key US economic data affecting global trading sentiments.

Influential figures like Mark Cuban and Larry Fink show growing support for bitcoin. A potential Trump reelection could have a profound impact, with predictions of bitcoin reaching over $100,000 by 2024. Broader macroeconomic factors, including global uncertainty and the U.S. dollar's decline, are driving bitcoin's future value. Criticism of Gary Gensler's handling of crypto regulation and speculation of a more crypto-friendly administration under Trump could further fuel a bitcoin bull market. Excitement among investors for tokenization, stablecoins, and decentralized finance innovations could also contribute to a significant bitcoin bull market. Experts from Market Rebellion and Altcoin Daily, as well as host Rob Nelson, discuss these factors. Bitcoin's recent price surge, up 25% in the past few weeks, is attributed to increased buyer interest and narrative catalysts, including support from prominent figures like Larry Fink and Trump's VP pick, as well as the anticipated ethereum ETFs and potential rate cuts. Experts predict that if this trend continues, bitcoin could reach new highs, potentially hitting $85,000 to $90,000 per bitcoin as the election approaches. The volatility, while dramatic, is not out of the ordinary, with patterns similar to SEC-regulated products like the Big Seven stocks, and is driven by growing support from influential figures like Donald Trump and Silicon Valley leaders.

Former US President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu at Mar-a-Lago, reaffirming their close personal relationship despite tensions. Trump criticized the ongoing Gaza war, calling for its quick end and expressing readiness to resolve the conflict if he had been president. He also criticized Vice President Kamala Harris for her statements, labeling her as 'radical' and 'not very nice' to Israel. Netanyahu, facing growing international pressure, met with Biden and Harris to discuss ceasefire efforts and the release of Hamas hostages. The meeting with Trump could potentially position him as a statesman and the Republicans as a pro-Israel party. Netanyahu defended his government's actions before Congress, attributing protests to Iran as a diversion. Additionally, Biden spoke with Jordan's King Abdullah II to discuss efforts towards a ceasefire and the release of hostages in the Gaza war. CIA Director William Burns held talks in Rome, while Egypt and Jordan, both having peace agreements with Israel, called for a complete Israeli withdrawal from the Rafah border crossing.

In Q2, Ford reported a 35% dip in earnings, with a positive revenue trend. The company anticipates significant losses from EVs but projects promising 2024 figures. Ford's EV and hybrid sales surged, while F-series truck sales slightly dropped. Meanwhile, Tesla saw a 45% profit decrease, struggling with slowing EV sales and rising competition. Ford's CEO aims to introduce more affordable EVs despite the popularity of larger vehicles. The shift in consumer preference poses challenges for automakers, with Ford investing in gas-oriented models. Both companies navigate the evolving landscape with cautious optimism amidst pressure from investors and market dynamics.

Benjamin Netanyahu's US trip faced skepticism amid global condemnation for Israel's actions in Gaza, with calls for recognition of Palestinian statehood and ceasefires. The UK diverged from US policy by dropping opposition to an ICC warrant for Netanyahu, while emphasizing support for Palestinian aid and reviewing weapons sales to Israel. Amidst 39,000 civilian deaths, criticism of war crimes persists, urging a stand with Palestine against ongoing injustices. The global community, including nations like Spain, Norway, and Ireland, is recognizing Palestinian statehood, emphasizing the need for a fairer world and justice for all. Netanyahu's reliance on Trump's support is strained as the international community, led by figures like UK's new Foreign Secretary Lammy, seeks accountability for alleged war crimes.

Israeli Prime Minister Benjamin Netanyahu recently visited the United States and held meetings with US President Joe Biden, Vice President Kamala Harris, and former President Donald Trump. During his trip, Netanyahu thanked Biden for decades of support for Israel, while also justifying his actions in the Gaza war before the US Congress. The meetings were accompanied by protests and incidents of anti-Semitism. Netanyahu proposed a ceasefire in Gaza and discussed the conflict with both Biden and Harris, who expressed concerns about the civilian toll. Trump, who has a warm relationship with Netanyahu, criticized Harris's remarks and urged Israel to end the war quickly. The Israeli offensive in Gaza has resulted in thousands of civilian deaths and the displacement of millions. Netanyahu is counting on Trump's return to power, despite strains in their relationship. However, his visit faced mixed reception, with Democrats boycotting and calls for his resignation by the Israeli public.

Wildfires are raging across North America, resulting in evacuations, smoke-filled cities, and widespread destruction. The Durkee fire in Oregon and the Park fire in California are among the major blazes scorching hundreds of thousands of acres. Firefighters are battling relentlessly, but buildings are being reduced to ashes. In Canada, the town of Jasper has been devastated by a massive wildfire, prompting the evacuation of 25,000 people and the destruction of a significant portion of the town. The intensity of the fires in Canada and the West is exacerbated by climate change, with 2023 predicted to be worse than the record-breaking 2022 fire season. Alberta Premier Danielle Smith, despite witnessing the devastating impact of the wildfires, has denied the connection between climate change and worsening fire conditions, instead pushing conspiracy theories about arson. However, experts warn that climate change will continue to escalate the severity of wildfires in the future.

OpenAI's SearchGPT, a cutting-edge AI search engine, aims to revolutionize online search by summarizing web content, citing sources, and offering interactive follow-up queries. With plans to integrate ChatGPT and collaborate with news outlets, OpenAI directly challenges Google's search dominance. Despite uncertainties surrounding advertising strategies and Apple partnerships, SearchGPT's experimental nature shows potential for enhancing search capabilities. Microsoft's Bing Generative Search also joins the AI trend, providing users with personalized and comprehensive results, intensifying competition with Google. While displaying the power of AI, a recent SearchGPT demo error serves as a reminder of the challenges in AI comprehension. As the tech landscape evolves, the emergence of advanced AI search engines like SearchGPT signals a shift in the digital realm, potentially reshaping online advertising and user experience.

US stocks, including Nasdaq and S&P 500, dropped due to AI trade concerns and disappointing earnings from Alphabet and Tesla. Meanwhile, the Dow Jones remained positive amidst expectations of significant Federal Reserve rate cuts. Economic growth in Q2 exceeded forecasts at 2.8%, while the upcoming update on the Personal Consumption Expenditure Price Index will influence the Fed's decisions. On the flip side, positive inflation data led to a rebound in the market, with Dow rising by 600-700 points as investors reacted to slower PCE index growth. The market's recent volatility, especially after lackluster Big Tech earnings, is raising questions about the economy's trajectory. Notably, tech giants like Meta and Microsoft saw gains, but diabetes stock Dexcom slumped. Key economic indicators are showing promise, with inflation on the rise and consumer spending increasing.

OpenAI has launched SearchGPT, a search engine powered by AI that aims to compete with Google. The prototype combines OpenAI's AI models, such as ChatGPT, with the ability to search the internet, providing faster and easier web search. SearchGPT uses AI to curate and understand content, offering clear answers to user queries. The search engine is being tested by 10,000 users in the US and has a waiting list. OpenAI emphasizes the curation of answers, its commitment to an ecosystem of publishers and creators, and a potential 'visual answers' feature. While SearchGPT has its limitations, it could pose a significant threat to Google's search dominance.

US Vice President Kamala Harris has called for a swift ceasefire agreement between Israel and Hamas in the Gaza Strip, expressing serious concern over the humanitarian crisis and the death of innocent civilians. Harris emphasized that the suffering and tragedy in Gaza cannot be ignored and vowed not to remain silent. She pressed Israeli Prime Minister Benjamin Netanyahu to take immediate action to end the devastating war. The meeting between Harris and Netanyahu marked a significant test for Harris as the likely Democratic presidential candidate. US President Joe Biden also urged Netanyahu to reach a ceasefire and the release of hostages. Meanwhile, the families of the US hostages held in Gaza expressed optimism after meeting with Biden and Netanyahu, stating that progress had been made. The Israeli military reported that around 100 Hamas members had been killed in their recent offensive in the Gaza Strip. However, air strikes and tank fire also caused civilian casualties. Australia, Canada, and New Zealand joined the call for an immediate ceasefire, condemning Hamas and urging Israel to work towards a two-state solution. The visit of Netanyahu to the US Congress polarized opinion, with Republicans showing support while Democrats held back. Speculation has arisen about Harris' potentially tougher stance towards Israel.

Bitcoin's price surges towards $69K on US economic data, with traders targeting $68.9K resistance level. Analysts express optimism with improved mining hashrate, upcoming Trump speech, and strong US economic growth. Over 75% of short-term holders in profit above $67K, with potential for $63K amid $3.9B futures expiry. Bitcoin's rally driven by German government's BTC liquidation and weakening US dollar. Marathon invests $100M BTC as Bitcoin rebounds 5% to $67K post-selloff, amidst bullish sentiment at BTC 2024 conference.

Kamala Harris is making strides in the 2024 race against Donald Trump. Harris is seeking a running mate who can help her win key swing states, unlike Trump's controversial choice of JD Vance. Vance's criticism of Harris and childless women has mobilized Democratic voters, rallying behind Harris as she defends reproductive rights. In polls, Trump currently leads Harris by 1 point among likely voters, but Harris' favorability has surged to 46%. The share of voters who believe the country is on the 'right track' has increased. As Harris considers her vice president options, the key question is who would be her running mate. There is speculation that she may choose a straight, white man to appeal to a nation that has never elected a woman of color as its leader. The timeline for Harris to make her selection is short, as the Democratic National Convention is approaching. Harris has a range of potential contenders, each with their own potential upsides and liabilities. Overall, the race between Trump and Harris remains unpredictable.

Southwest Airlines has ended its decades-long open seating practice, introducing assigned and premium options due to customer demand. The move resulted in a 5.5% increase in shares, though analysts doubt significant margin improvements. Amid pressure for a new board from Elliott, the airline also plans to launch red-eye flights in 2025. However, its Q4 results exceeded expectations. In contrast, American Airlines faces financial struggles, cutting profit forecasts and experiencing a 46% drop in profits. The industry grapples with fierce competition and rising labor costs, impacting carriers like American Airlines. Southwest's strategic changes aim to align with customer preferences and enhance profitability in a challenging market environment.

Ethereum ETFs have made a strong debut in the US market, with over $1 billion in trading volume on their first day. Wall Street issuers such as BlackRock and Fidelity are leading the way in offering these investment options. Analysts highlight the distinct value propositions of bitcoin and ethereum, and the potential for ethereum ETFs to capture a significant portion of investment flows. While the launch of spot ethereum ETFs follows the approval of bitcoin ETFs, experts believe that the two cryptocurrencies can coexist and complement each other. The market reaction to ethereum ETFs has been cautious, with a slight drop in price, but there is optimism that the entry of institutional capital will reduce volatility and further benefit the price. This development also allows for greater transparency in the ownership of bitcoin and signals a growing adoption of digital assets by institutional investors. Although the initial impact may be limited to the US market, it sets the stage for broader institutional adoption worldwide.

Former President Barack Obama and his wife Michelle have officially endorsed Kamala Harris as the Democratic nominee for the upcoming US presidential election. Obama praised Harris as a 'fantastic president' and expressed full support for her campaign. This endorsement comes after a wave of support from other prominent Democratic figures, including Joe Biden, Hillary Clinton, and Bill Clinton. With endorsements from these heavyweight figures, Harris' nomination as the candidate appears to be a formality. However, she still faces a dispute with President Donald Trump over potential debates. The Democratic Party plans to hold an early electronic vote to determine the candidate before their convention in August. Harris has also been actively campaigning, warning of a 'frontal attack' on citizens' freedoms by Republicans and gaining support from the American Federation of Teachers. With the support of the Obamas and growing business backing, Harris is gaining momentum and may pose a significant challenge to Trump in the upcoming election.

Analysts have been busy revising price targets for several major tech companies after their latest earnings reports. Tesla's Q2 earnings missed expectations, leading to revised targets as analysts weigh the long-term potential of the company's autonomy, energy storage, and zero emission vehicle income. Google's parent company, Alphabet, reported strong Q2 earnings, but concerns over AI-driven capital spending led to mixed views on its stock. Apple is developing a foldable iPhone and plans to integrate AI-powered tasks into its ecosystem, prompting analysts to adjust price targets ahead of earnings. Palantir's stock maintained a year-to-date gain despite a 1.95% dip, while Seagate saw its targets raised due to HDD technology leadership and AI-related deployments. Finally, Amazon's successful Prime Day and advertising revenue growth led to adjusted price targets. Overall, analysts are closely monitoring these tech giants as they navigate the evolving landscape of AI and emerging technologies.

Recent reports suggest a potential interest rate cut by the Fed as inflation trends evolve. Factors like waning pandemic savings and a weakening job market propel calls for rate cuts. Powell's cautious stance on 2% inflation precludes an imminent July cut but signals a likely September adjustment. Vanguard predicts a rate hold at 5.25-5.5% through 2024, reflecting confidence in growth and inflation persistence. Despite cooling in the Fed's preferred inflation measure, policymakers remain vigilant, delaying immediate rate cuts. The market foresees a 99.8% chance of a rate cut by September. Vanguard's forecast of 3.4-5.4% annualized growth for US stocks anticipates market reactions to potential rate alterations, hinting at diverse impacts across financial sectors.