The weekend brought a mix of political drama, corporate shakeups, and cryptocurrency rallies. From former President Donald Trump‘s courtroom etiquette to Elon Musk‘s one-word reaction to a competitor’s downfall, the stories were as varied as they were intriguing.
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Trump’s Title Tiff
Former President Donald Trump was reportedly displeased when U.S. Magistrate Judge Moxila Upadhyaya addressed him as "Mr. Trump" during a recent arraignment. This isn’t the first time a judge has opted for this title, with New York Supreme Court Justice Juan Merchan doing the same in April. However, Trump, currently facing his third indictment in four months, has also been referred to as "former President Trump" in other proceedings. Read the full article here.
Musk Marvels at Nikola’s Nosedive
Shares of Nikola Corporation (NASDAQ:NKLA) plummeted over 26% on Friday, following the departure of its CEO and a concerning Q2 report. Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), succinctly responded to the news with a tweet: "Amazing." Nikola’s journey has been rocky, with its founder Trevor Milton facing accusations of misleading investors. Read the full article here.
Shiba Inu’s Stellar Surge
The meme cryptocurrency Shiba Inu (CRYPTO: SHIB) experienced a significant rally over the weekend, with gains nearing 20%. Despite a risk-off mood in the broader financial market, the sentiment towards Shiba Inu has been positive, especially with the upcoming launch of its blockchain project, Shibarium. Read the full article here.
Apple’s Trillion-Dollar Tumble
Tech giant Apple Inc. (NASDAQ:AAPL) saw its market value drop below the $3 trillion mark, following concerns over its Q4 outlook and disappointing sales figures. The company’s shares took a 4.8% hit, translating to a loss of over $160 billion in market value. Read the full article here.
Melania’s Muted Stance
Former first lady Melania Trump has been notably silent regarding her husband’s legal challenges. According to her longtime aide, Stephanie Grisham, this silence is typical of Melania’s approach to her husband’s issues. Despite her public silence, reports suggest she remains a staunch defender of her husband in private. Read the full article here.
What Else:
Pro-Trump protesters confronted former Vice President Mike Pence during a town hall in New Hampshire, questioning his role in the events of Jan. 6. Meanwhile, cryptocurrency analyst Tone Vays remains bullish on Bitcoin (CRYPTO: BTC), predicting a potential surge as long as the support level at $28,000 holds. Read the full article here. And here.
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