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- Trump memecoin falls, then climbs +10% to $653M market cap after guilty verdict
Trump memecoin falls, then climbs +10% to $653M market cap after guilty verdict
Top stories today:
- Trump memecoin +10% to $653M market cap after guilty verdict
- Anthropic launches โtool use,โ enabling Claude to interact with APIs
- Semiconductor inventories in South Korea -33.7% YoY in Apr.
- Top 6 tech stocks now account for record 30% of S&P 500
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. Trump memecoin falls, then climbs +10% to $653M market cap after guilty verdict
Before the July 15 Republican National Convention.
Probation to 4 years is the likely range here.
Trump will likely appeal the verdict after sentencing.
Markets expect a 17% chance of Trump going to prison before election day
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