US Markets Closed on Independence Day – Political Turmoil from Trump’s Broadside – Oil Prices Drop After OPEC Quota Increase – Uber Sacrifices European Expansion for Delivery Hero Deal – Micron Expands in Japan and Attracts Short Seller Burry – Credit Card Giants Escalate the Battle for Luxury Lounges – Tesla Caps AI Expenses and Announces News – SpaceX Set for Index Inclusion and End of Quiet Period

The US markets remained closed on Friday, July 3, 2026, due to Independence Day. Since Independence Day this year fell on a weekend, Saturday, July 4, it was officially celebrated in the US on Friday. Therefore, the markets, including the NYSE and Nasdaq, were closed for the entire trading day. While a fragile ceasefire between the US and Iran keeps the oil markets on edge in the Middle East, domestic political maneuvers ranging from presidential attacks on the central bank to blocked legislation in the US Congress create a palpable regulatory...