Welcome to the August 7th edition of the PAI Morning Briefing – your AI-powered financial intelligence companion.
📉 Today’s markets are slightly in the red, but crypto is climbing:
S&P 500 down 0.44%
Dow Jones down 1.1%
Nasdaq down 0.2%
Bitcoin up 1.3%, Ethereum surges 4%
📰 Today’s top stories:
Fed’s Waller emerges as Trump’s pick for Fed Chair — sparking debate on central bank independence and future rate cuts
Trump calls for Intel’s CEO to step down over China ties — political pressure hits tech
Ripple acquires Rail for $200M — a bold stablecoin payments play
Firefly Aerospace IPOs — space exploration meets investor hype
Energy Vault expands with massive storage acquisition in Australia
Warner Bros. Discovery hits $2B in box office with Minecraft & F1
ZenaTech acquires Cardinal Civil — drone/AI innovation meets infrastructure
Labor market steady but uninspired — “low-hire, low-fire” economy
Apple rallies after manufacturing commitment
And of course… Jim Cramer’s top 10 things to watch
🌍 We break down how all of this affects tech, energy, finance, and the global investor outlook.
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