Trump Targets Fed | Bitcoin Soars | Tesla Faces Trial

Trump Targets Jerome Powell over a $2.5B Fed headquarters renovation and ends student loan forbearance—tensions rise with the central bank. Bitcoin holds above $120,000 as ETF inflows surge and crypto legislation heads to Congress. Tesla faces federal trial over a deadly autopilot crash while launching the $70K Model Y in India. Meta to invest hundreds of billions in AI superclusters, while deleting 10M spam accounts to improve Facebook content. Google invests $25B in AI infrastructure, focusing on energy and data centers across the U.S. Port of L.A. hits record imports before Trump tariffs on EU and Mexico begin August 1. NVIDIA resumes AI chip sales to China, unveiling a new RTX Pro chip tailored for local industries. ExxonMobil stock dips on oil price weakness after Trump delays harsher Russian sanctions. Apple’s leadership questioned after Jeff Williams’ retirement—investors want a stronger AI vision from Tim Cook. Palantir stock hits all-time high, surging nearly 5% on growing enterprise AI demand and bullish outlook. San Francisco rolls out AI tools to 30,000 city workers with Microsoft 365 Copilot after a successful pilot. Fear & Greed Index remains elevated, with CPI data and big bank earnings (JPMorgan, Citi, Wells Fargo) on deck. This is your complete daily rundown of everything that matters in AI, tech, markets, and geopolitics—straight from the front lines. #Bitcoin #TrumpNews #investing 🌐 Want more market-moving insights? Dive deeper at www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Let’s stay connected! Follow us for real-time updates, market tips, and exclusive content: 🔹 Instagram: https://www.instagram.com/benzinga 🔹 Facebook: https://www.facebook.com/benzinga 🔹 TikTok: https://www.tiktok.com/@benzinga 🔹 X: https://www.x.com/benzinga ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.