Revenge of the algos: A $1.5B 'gold reset' nobody saw coming
We haven't written up this one. Seeking Alpha News has the full story — the link below goes straight to it.
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Shipping traffic in Gulf of Hormuz falls to 6 vessels
The Strait of Hormuz saw its traffic drop from around 11 vessels a day to 6 over the weekend, as reopening talks between the United States and Iran drag on.
Google co-founder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses
The state’s ultrawealthy, including Larry Page and Peter Thiel, have similarly donated to efforts opposing the wealth tax.
EToro reports second quarter crypto loss even as total profit beats estimates
The trading platform’s gross crypto revenue fell to $1.35 billion in the second quarter. It also agreed to buy U.S. brokerage TradeZero for up to $231 million.
