Clarity LAST Chance, Bitcoin Bounce & AI Collapse
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Bitcoin endured another volatile week as renewed Middle East fighting pushed Brent crude above $95 before signs of fresh negotiations sent oil lower and helped BTC recover. Bitcoin briefly reclaimed $66k, fell back below $65k and then caught another bid, while Strategy raised more cash without purchasing any additional BTC. Meanwhile, the CLARITY Act remains caught in a political fight as Democrats demand stronger ethics provisions.
Big Tech earnings delivered another warning. Alphabet reported a broad revenue beat and 82% growth in Google Cloud, but its stock still fell after the company raised annual capital-spending guidance as high as $205 billion and free cash flow turned negative. Tesla also reported record revenue, but missed on profits and burned $1.1 billion in cash as spending on AI, robotics and infrastructure surged.
We’ll break down Bitcoin’s key levels, the latest oil and Middle East developments, Google and Tesla’s earnings, whether the AI spending boom is becoming a bubble, the CLARITY Act battle, TA with Matt, tweets of the week, dates for your diary and much more.
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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