The Rundown Opendoor Enters Meme Stock Territory, JPMorgan Explores Crypto As Collateral
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Jul 22, 2025 Discover the latest market dynamics as the S&P 500 and NASDAQ hit record highs, amidst tariff threats and Federal Reserve tensions. Dive into the rise of Opendoor as the newest meme stock, fueled by retail investor excitement. Explore AI's game-changing role in Hollywood with Netflix and Runway AI, while JP Morgan's bold move towards crypto assets sparks interest. Lastly, uncover the challenges facing Opendoor and GM amid market turmoil, alongside cultural contrasts of 7-Eleven stores in Japan versus North America.
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White House Pushes Fed Rate Cuts
- The White House is applying political pressure on Federal Reserve Chair Jerome Powell to cut interest rates.
- This tension is significant ahead of the Fed meeting on July 30th where Powell's response is highly anticipated.
AI Revolutionizes Video Production
- Netflix and major studios like Disney are adopting AI tools to reduce video production costs.
- New AI models simplify motion capture, potentially saving millions on special effects expenses.
JP Morgan Embraces Crypto Collateral
- JP Morgan plans to allow loans using crypto assets as collateral, treating them like stocks or real estate.
- This move signifies crypto's growing mainstream acceptance despite the CEO's previous criticisms.