AGP Executive Report
Last update: 34 minutes agoDefense & Tech Procurement: Saronic Technologies launched the 52-foot autonomous Mirage vessel for U.S. Navy trials in Galveston, targeting 35+ knots, 2,500+ nautical miles, and up to 3,500 pounds of modular payload—an indicator of how unmanned surface systems are moving toward procurement. Markets & Policy: European NATO allies and Canada are expected to commit €70 billion in Ukraine aid for 2026-2027, using an EU loan plus national pledges, aimed at signaling continuity after U.S. support cuts. Fed & Inflation Watch: A report frames how AI-driven data-center spending is complicating the case for faster rate cuts, with Fed Chair Kevin Warsh arguing the productivity payoff is still early. Crypto Flows: Bitcoin ETFs logged a $221.7M inflow on Thursday, ending a 10-day outflow streak, while large “whale” wallets reportedly added $16.7B in BTC over two weeks. Cybersecurity: DOJ says an alleged Scattered Spider member was extradited to Chicago to face charges tied to a reported $8M crypto ransom demand. Holiday Finance Ops: U.S. stock markets close Friday for July 4, with trading resuming Monday. Wealth Snapshot: SmartAsset ranks Hunterdon County as New Jersey’s wealthiest, citing income and property metrics.
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