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On June 24, the U.S. Senate passed a resolution regarding war powers related to Iran, with 50 votes in favor and 48 against, following a similar approval by the House of Representatives. This marks the first time such a resolution has been approved by both chambers of Congress. The resolution calls for the president to end military actions against Iran without a declaration of war or authorization of force from Congress. However, since this resolution is a joint resolution of Congress, it is not legally binding and does not require the president's signature, thus serving mainly a symbolic purpose.

[U.S. Senate Passes Resolution Aiming to Limit Trump's War Powers Against Iran]On June 24, the U.S. Senate passed a resolution regarding war powers related to Iran, with 50 votes in favor and 48 against, following a similar approval by the House of Representatives. This marks the first time such a resolution has been approved by both chambers of Congress. The resolution calls for the president to end military actions against Iran without a declaration of war or authorization of force from Congress. However, since this resolution is a joint resolution of Congress, it is not legally binding and does not require the president's signature, thus serving mainly a symbolic purpose.

U.S. Senate Passes Resolution Aiming to Limit Trump's War Powers Against Iran

On June 24, the Nasdaq 100 Index saw its decline widen to 3.5%, reaching an intraday low.

[Nasdaq 100 Index Declines by 3.5%]On June 24, the Nasdaq 100 Index saw its decline widen to 3.5%, reaching an intraday low.

Nasdaq 100 Index Declines by 3.5%

On June 24, U.S. President Trump stated that Iran's claims regarding the International Atomic Energy Agency (IAEA) inspections are incorrect. He also mentioned that inspectors will enter the country to carry out their work at the appropriate time. Earlier on the 23rd, Iranian Foreign Ministry spokesman Baghaei stated that there are currently no plans for IAEA inspectors to visit Iran's damaged nuclear facilities. (CCTV News)

[Trump States IAEA Inspectors Will Visit Iran in Due Time]On June 24, U.S. President Trump stated that Iran's claims regarding the International Atomic Energy Agency (IAEA) inspections are incorrect. He also mentioned that inspectors will enter the country to carry out their work at the appropriate time. Earlier on the 23rd, Iranian Foreign Ministry spokesman Baghaei stated that there are currently no plans for IAEA inspectors to visit Iran's damaged nuclear facilities. (CCTV News)

Trump States IAEA Inspectors Will Visit Iran in Due Time

On June 24, during a visit to Pakistan, Iranian President Ebrahim Raisi stated in an interview that the U.S.-Iran memorandum of understanding does not include the issue of Iran's missiles, and this will never be part of future negotiations. Raisi said, "If it weren't for our missiles, Iran would have been flattened by the U.S. and Israel long ago, just like the Gaza Strip. Iran will never negotiate our defense capabilities with anyone." Pakistani Prime Minister Shehbaz Sharif remarked that if other countries possess ballistic missiles while Iran is prohibited from having them, it constitutes a "double standard," which is unacceptable and illogical. (CCTV International News)

[Iranian President Says Without Missiles, Iran Would Be Like Gaza]On June 24, during a visit to Pakistan, Iranian President Ebrahim Raisi stated in an interview that the U.S.-Iran memorandum of understanding does not include the issue of Iran's missiles, and this will never be part of future negotiations. Raisi said, "If it weren't for our missiles, Iran would have been flattened by the U.S. and Israel long ago, just like the Gaza Strip. Iran will never negotiate our defense capabilities with anyone." Pakistani Prime Minister Shehbaz Sharif remarked that if other countries possess ballistic missiles while Iran is prohibited from having them, it constitutes a "double standard," which is unacceptable and illogical. (CCTV International News)

Iranian President Says Without Missiles, Iran Would Be Like Gaza

On June 24, it was reported that the high-grade bonds issued by SpaceX garnered a subscription demand of $89 billion.

[SpaceX High-Grade Bonds Reportedly Attract $89 Billion in Subscription Demand]On June 24, it was reported that the high-grade bonds issued by SpaceX garnered a subscription demand of $89 billion.

SpaceX High-Grade Bonds Reportedly Attract $89 Billion in Subscription Demand

On June 24, Iranian President Ebrahim Raisi stated that Iran's missiles are not within the scope of the memorandum of understanding and will never be. (Jinshi)

[Iranian President: Iran's Missiles Are Not Covered by Memorandum of Understanding and Never Will Be]On June 24, Iranian President Ebrahim Raisi stated that Iran's missiles are not within the scope of the memorandum of understanding and will never be. (Jinshi)

Iranian President: Iran's Missiles Are Not Covered by Memorandum of Understanding and Never Will Be

On June 24, the Trump administration announced it will provide a $17.5 billion loan to support utility companies in ordering reactor equipment designed by Westinghouse Electric Co., aiming to revitalize the construction of large nuclear power plants in the United States. The funding, announced by the U.S. Department of Energy on Tuesday, will be offered in a conditional form, potentially comprising up to five loans targeted at utility companies and other energy firms that will each build two reactors. The Department of Energy stated that Westinghouse has signed letters of intent with seven potential partners, with the project sites already determined. The department will not disclose the names of the utility companies involved until the final list is confirmed. President Donald Trump views nuclear reactors as a core power source for data centers and economic growth. An executive order he signed last year calls for 10 large traditional nuclear reactors to be under construction by 2030 and sets a goal to triple the nation’s nuclear power capacity to 400 gigawatts.

[Trump Administration to Provide $17.5 Billion Loan to Boost U.S. Nuclear Power Plant Construction]On June 24, the Trump administration announced it will provide a $17.5 billion loan to support utility companies in ordering reactor equipment designed by Westinghouse Electric Co., aiming to revitalize the construction of large nuclear power plants in the United States. The funding, announced by the U.S. Department of Energy on Tuesday, will be offered in a conditional form, potentially comprising up to five loans targeted at utility companies and other energy firms that will each build two reactors. The Department of Energy stated that Westinghouse has signed letters of intent with seven potential partners, with the project sites already determined. The department will not disclose the names of the utility companies involved until the final list is confirmed. President Donald Trump views nuclear reactors as a core power source for data centers and economic growth. An executive order he signed last year calls for 10 large traditional nuclear reactors to be under construction by 2030 and sets a goal to triple the nation’s nuclear power capacity to 400 gigawatts.

Trump Administration to Provide $17.5 Billion Loan to Boost U.S. Nuclear Power Plant Construction

On June 24, Baird analyst Ben Kallo predicted that Tesla (TSLA.O) is expected to deliver 392,900 vehicles in the second quarter. He added that the electric vehicle company’s total deliveries will reach 1.68 million by 2026. The analyst wrote, "We believe a merger between SpaceX (SPCX.O) and Tesla is quite likely to occur, expected to take 12 to 18 months." He also noted that the merger of the two companies is the "ultimate direction" and is "clear and compelling, as both companies would benefit from greater scale." Kallo reiterated his 'outperform' rating on Tesla with a target price of $522.

[Baird: Tesla and SpaceX Merger Likely]On June 24, Baird analyst Ben Kallo predicted that Tesla (TSLA.O) is expected to deliver 392,900 vehicles in the second quarter. He added that the electric vehicle company’s total deliveries will reach 1.68 million by 2026. The analyst wrote, "We believe a merger between SpaceX (SPCX.O) and Tesla is quite likely to occur, expected to take 12 to 18 months." He also noted that the merger of the two companies is the "ultimate direction" and is "clear and compelling, as both companies would benefit from greater scale." Kallo reiterated his 'outperform' rating on Tesla with a target price of $522.

Baird: Tesla and SpaceX Merger Likely

On June 24, the European Securities and Markets Authority (ESMA) called for unlicensed crypto asset service providers (CASPs) to orderly exit their operations as the MiCA transition period comes to an end.

[EU MiCA Transition Period Ending, ESMA Urges Unlicensed Crypto Service Providers to Cease Operations]On June 24, the European Securities and Markets Authority (ESMA) called for unlicensed crypto asset service providers (CASPs) to orderly exit their operations as the MiCA transition period comes to an end.

EU MiCA Transition Period Ending, ESMA Urges Unlicensed Crypto Service Providers to Cease Operations

On June 23, U.S. President Trump stated that the Strait of Hormuz is under complete control. If necessary, a blockade can be quickly reimposed.

[Trump: Complete Control of Strait of Hormuz, Can Quickly Reimpose Blockade if Necessary]On June 23, U.S. President Trump stated that the Strait of Hormuz is under complete control. If necessary, a blockade can be quickly reimposed.

Trump: Complete Control of Strait of Hormuz, Can Quickly Reimpose Blockade if Necessary

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Article

Nasdaq Falls 1.3%, SpaceX Drops 16% Below IPO Closing Price

Trump: Complete Control of Strait of Hormuz, Can Quickly Reimpose Blockade if Necessary

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