Porsche To Eliminate 4,000 Jobs In Germany: Report zerohedge.com/economics/pors…

*ISRAEL CENTRAL BANK CUTS BENCHMARK RATE TO 3.5%; EST. 3.50%

*BELGIAN FA: FIFA CREATED APPEAL, ENSURED WOULD BE INADMISSIBLE

*BELGIAN FA SENT LETTER TO FIFA ON BALOGUN DECISION

*CHINA HALTS SOME TRAINS FOR THREE DAYS DUE TO TYPHOON: CCTV

Saylor's Strategy Sells 3,588 Bitcoin To Cover Preferred Dividends zerohedge.com/crypto/saylors…

Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves. strategy.com/press/strategy-…

Futures Rise As Tech Rebounds In Post-Holiday Catch Up zerohedge.com/markets/future…

Premarket movers Mag 7 names are mostly higher (Meta 1.4%, Tesla 1.3%, Amazon 0.7%, Alphabet 0.5%, Nvidia 0.3%, Microsoft is unchanged, Apple -0.6%). Chipmakers and other AI-related firms rise ahead of Samsung’s June quarter earnings and updates to SK Hynix Inc.’s massive ADR listing. Alibaba ADRs (BABA) inch about 1% higher after a federal judge ordered the Pentagon to give the company a reprieve from a law that caused all of its lobbyists to drop it as a client. Datadog (DDOG) falls 2.4% after Bernstein downgraded the software company to market perform, citing caution about the company’s earnings prospects. JB Hunt (JBHT) slips 1% after Morgan Stanley cut the recommendation on the freight carrier to underweight, saying the stock’s valuation is “unjustifiable” after a rally. Kosmos Energy (KOS) rises 4% after the firm provided updated guidance with second-quarter production at its Jubilee oil field in Ghana reaching about 72,000 barrels of oil per day. Opus Genetics (IRD) rises 2% after saying it reached alignment with the FDA on the design of its Phase 3 trial evaluating OPGx-LCA5 for LCA5-associated inherited retinal disease. Seer (SEER) climbs 33% after CEO Omid Farokhzad offered to buy the a biotechnology company. Zim Integrated’s US shares (ZIM) are down 6% after Ynet reported Sunday that Prime Minister Benjamin Netanyahu said a proposed sale was “not on the agenda,” without clarifying how it got the information. (Source BBG)

*LOCKHEED MARTIN TO BUY ULTRA MARITIME IN $3.45B DEAL

*ARAMCO CUTS AUG. ARAB LIGHT OSP TO ASIA BY $11/BBL TO -$1.50 *ARAMCO MAKES BIGGEST CUT TO MAIN OIL PRICE SINCE AT LEAST 2000

*SOLSTICE TO BUY ELEMENT SOLUTIONS IN ~$14.5B DEAL

*BROADCOM TO DEVELOP CUSTOM ASIC SILICON PRODUCTS FOR APPLE what happened to Intel?

A Quarter Of S&P Returns This Year Are From Three Memory Firms zerohedge.com/markets/quarte…

STRATEGY SELLS 3,588 BITCOIN IN PERIOD JUNE 29-JULY 5: 8K

Top Overnight News Shipping along a US-protected corridor near Oman in the Strait of Hormuz recovered after some vessels earlier performed unexplained U-turns and detours. OPEC backed another modest rise in quotas for next month. BBG Ukraine is striking Russian energy infrastructure at an unprecedented rate, according to an FT data analysis showing that Kyiv’s intensified drone campaign is spurring Russia’s worst fuel crisis in decades. FT Ukraine’s capital Kyiv came under a deadly Russian attack early Monday morning, on the eve of a critical NATO summit in Turkey that US President Donald Trump plans to attend. CNN World powers are pouring billions into AI, drones, hypersonic missiles and space technologies in a race to dominate the battlefields of the future. BBG A year ago, the message from many business leaders was that AI was going to wipe out jobs. For the past month or so, tech CEOs have been striking a more optimistic tone. WSJ South Korea is looking at creating an investment fund using excess tax revenue from its chip industry to finance long-term economic growth. BBG Chinese tech giants including Alibaba, ByteDance and Tencent have all announced plans to disable AI persona features as Beijing tightens its regulatory framework on the rapidly advancing AI industry. Nikkei The yen should be about 20% stronger at around 130 per dollar, former Japan currency chief Tatsuo Yamasaki said. BBG Large investors are committing billions of dollars to private credit funds as big institutions seek to profit from an exodus of smaller retail clients. North American direct lending funds that seek to attract institutional clients raised at least $16bn in the second quarter. FT Goldman Sachs sees USD/JPY at 165.00 in a year's time, raising its forecast from 155.00, citing Japan's interest rate differentials with the US

*SK HYNIX PLANS TO OFFER 17.79M COMMON SHARES IN US IPO *SK HYNIX'S US ADR LISTING IS WELL OVERSUBSCRIBED: TERMS *SK HYNIX US OFFERING TO STOP TAKING ORDERS JULY 8 4PM NY: TERMS

Trump Shares Image Of $100 Bill Featuring His Signature zerohedge.com/political/trum…

BREAKING: Belgium has reportedly been granted the right to appeal FIFA's decision allowing Folarin Balogun to play in tonight's match.

*UKRAINE SAYS IT HIT RUSSIA'S OIL TANKER IN AZOV SEA OVERNIGHT