Thursday’s Market Recap ↓
1. Cathie Wood’s ARK Invest launches a "tokenized venture fund" on Ethereum.
2. President Trump signals he would welcome Chinese automakers building cars in the U.S.
3. U.S. mortgage rates surpass 7% for the first time in nearly two years.
4. The U.S. 30-year Treasury yield hits 5.44%, its highest level since June 2004.
5. Morgan Stanley sees data center power demand growing 9x by 2029.
6. Meta overtakes SpaceX to become the 7th most valuable company as $META shares climb 39.1% over the past month.
7. Google is sending TPUs to space aboard SpaceX’s Transporter-18 mission to test whether they can survive and operate in orbit.
8. Elon Musk says SpaceX is accelerating AI development and could reach a “leading position” in six months if current progress continues.
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