Binance CEO Behind Bars📱GCPR COHR 📈 GSK LSCC 📉

FlowBank's hand-curated fresh financial news [header_noDither] Binance CEO's Brief Stint Behind Bars Changpeng Zhao, the founder and former CEO of Binance, has been sentenced to four months in prison after pleading guilty to violating U.S. anti-money laundering laws. This marks a significant moment in the cryptocurrency industry's regulatory landscape. Zhao's sentencing also includes a $50 million personal fine, though it's notably shorter than the three-year term prosecutors had recommended. His legal troubles highlight ongoing challenges for major crypto platforms in adhering to financial regulations. WHAT'S MOVING [Group 1742 (10)-3] [Start Trading](113/cXx8Z04/VVsx5p63w72GW98M4t35SFj2qW7Pgndt5fWfy4N5JQGlg2-ZVTW6N1vHY6lZ3pWN8Tp6hn2dxSYW40MX2F7k1p15W5TNC274WwPKzW5FvxXD62Gx4DW54fKrP1XrVR6W1vNwcH2Q_rcCW7FNXyV7c95XmW683FCQ4stzRZW5r4Rfn3FlXkwW1lpZRK168PXzW1s_RhV6fjxpYW957Dvw1tJV3HW3b7nYK6QZxTPW3-0Bcp8l06vLW5-qBnw70-qqvW2qWK0g6F_K_NMSPjwGN_XFzW2Yg9-K7pkcCWN3P5b1Zp0zc_W7f5Vrn8syS1fW1s26qQ3xJXzgW2ZrVq88QtdJTf68ZLn404) [Group 1753 (12)-1] Paramount Paramount and Skydance reach a merger deal, pending Shari Redstone's approval, expected to enhance their media market presence [Group 1754 (9)-1] Pfizer Pfizer's lung cancer drug, Lorbrena, shows a notable 81% reduction in disease progression risk, likely boosting Pfizer's market position [Group 3 (9)-4] Fiat Chrysler Group (JEEP) Jeep targets a significant sales boost for its plug-in hybrid SUVs in 2024, aiming to capture a larger share of the eco-friendly vehicle market. WHAT'S COMING UP? EUR: Spanish Unemployment Change - Exp: -55.4K v Prev: -60.5K EUR: German Unemployment Change (May) - Exp: 7K v Prev: 10K EUR: German Unemployment Rate (May) - Exp: 5.9% v Prev: 5.9% IN OTHER NEWS Wall Street The U.S. stock market had a mixed performance yesterday. The Dow Jones Industrial Average fell by 0.3%, the S&P 500 edged up by 0.1%, and the Nasdaq Composite gained 0.5%. Market movements were influenced by an unexpectedly weak manufacturing report and anticipation of key economic data releases later in the week, including jobs data and a potential ECB rate cut [Group 1769] Europe The European stock markets experienced a notable decline yesterday. The Stoxx 600 index fell by 0.4%, influenced by weak manufacturing data and concerns over economic growth. Germany's DAX dropped by 0.6%, while France's CAC 40 slipped 0.5%. Key economic releases included disappointing PMI data, which signaled contraction in manufacturing activities across major European economies​ MARKET INSIGHTS Flying Cars? Is Xpeng the Next Big Thing? Is Now the Time to Invest in Xpeng AeroHT and Its Flying Cars?This division of Xpeng Motors has been making exciting headlines, but are we seeing a blip or the birth of a new industry? [Read more](113/cXx8Z04/VVsx5p63w72GW98M4t35SFj2qW7Pgndt5fWfy4N5JQGkH2-ZVTW5BW0B06lZ3mDW8NYc0g8Zz4vNN6G3cqDyR5KjW1sc3_d8GCXvWW790pYj86jQrvW24GGPM8SX5ZpN1SKvKBxdz9sW7BfrsP633qYfV6Btwc8jd6V6W845wp-6YRzxFW2LqNK48YZ_D7VkhwQj3cctBxW5ZF2F99j50h4W5FSH_s6R98JkW3Kh4qp6Ypm8wW40xG7t4Pph4zVpm0Hj5njdQgW7xDzw82XCq2vW8ZrVYp9bZ80Cf7L3VWR04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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