šŸ“” On-the-hour Bulletin | 03:00-04:00

1. Meta Platforms has released what it says is its most powerful AI model to date, with its Chief AI Officer stating that the model’s capabilities are nearing those of top-tier competitors.

2. The Federal Reserve’s latest Beige Book shows the U.S. economy sending complicated signals: inflation pressure remains stubbornly difficult to ease, consumer activity is diverging, but investment related to artificial intelligence is still running hot.

3. Fueled by the renewed conflict involving Iran, the cryptocurrency market has dropped sharply. The prices of both Bitcoin and Ethereum have fallen significantly as geopolitical tensions intensify and risk-off sentiment grows.

4. An energy tracking agency and the White House disagree over the actual volume of oil transported through the Strait of Hormuz, which may affect how the market assesses supply risks.

5. The U.S. Federal Aviation Administration said Boeing paid a $3.1 million fine for safety violations, some of which are related to the incident involving an Alaska Airlines cabin door plug.

6. A $1 commemorative gold coin bearing former President Trump’s portrait, sold by the U.S. Mint, sold out within hours.

7. A Bitcoin address dormant for over 12 years transferred 146.06 BTC (about $11.31 million), realizing a profit of roughly $11.22 million, with a return rate of 12,902%.

8. U.S. Treasury Secretary Bessent said Ukraine’s drone attacks on Russia’s energy infrastructure are one of the reasons behind the global rise in energy prices.