News
Bad bet – Drake’s first F1 bet comes at a $300,000 loss
The interest in Formula One in the U.S. has taken off since the Netflix Series ‘Drive to Survive’ and that means more betting on the sport
Canadian rapper Drake put huge money down on Ferrari’s Charles Leclerc to win the Spanish Grand Prix.
300,000 Canadian dollars was the bet and if the Frenchman won the race, Drake was taking home $750,000 thousand.
Leclerc started from pole and led the race for the first 27 laps before disaster struck, power unit issues saw the 24-year old fail to finish.
Red Bull’s was handed the victory and championship lead to Max Verstappen.
Drake is no stranger to publicising his big bets although this was the first time he put money down on an F1 Grand Prix.
News
US–China trade talks are a handshake, not a deal
Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.
Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.
Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.
Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.
#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews
News
Markets cautious as rate cut hopes fade
Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.
Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.
Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.
#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate
News
Trump and Xi strike temporary trade truce after six years
Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.
Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.
President Donald Trump and Chinese leader Xi Jinping have agreed to a temporary trade truce, cutting tariffs and boosting U.S. exports.
Analysts remain cautious, warning deep economic divides still linger.
#Trump #XiJinping #TradeDeal #USChinaRelations #Tariffs #GlobalTrade #Economy #Soybeans #RareEarths #TickerNews
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