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Top stories today:
- X, VPN bans in Brazil upheld by top judges
- Harris aligns with Biden, Trump on blocking US Steel sale
- xAI completes 100K H100 GPU Colossus cluster in 122 days
- Stock allocation in U.S. households reach record 42.2%
- Housing prices dissatisfaction hits record 50% high across OECD
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. X, VPN bans in Brazil upheld by top judges
5 judges on Brazilās top court panel voted to favor Moraesā X ban.
Saturday: X went dark in Brazil following its ban.
20M+ users on X affected due to the ban imposed by Alexandre de Moraes.
$10K fine/day for anyone accessing X using VPNs.
Brazilās president defended the Supreme Courtās decision.
āUninvestable marketā: what Bill Ackman said Brazil was becoming after the X ban.
Starlink refrained from X block compliance until its assets are released.
Automation and integration that scales processes and delivers insights.
From sale to billing and revenue recognition to general ledger and forecasting, get one system of record.
*Sponsored.
3. Harris aligns with Biden, Trump on blocking US Steel sale, in line with U.S.ās anti-M&A posture
US Steel market cap +26% over the last year, reaching $8.53B:
