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Global Trends News 2 June 2025 - 21 June 2025

Global Art Market Report 2024–2025

Global Art Market Report 2024–2025

In 2024, global art and antiques sales reached $57.5 billion, down 12% year-on-year, while transaction volume rose 3% to about 40.5 million transactions and roughly 85% of dealer sales were for works under $50,000. Two leading houses Sotheby’s and Christie’s together accounted for about 49% of global fine-art auction turnover in 2023 (roughly $7.3B of $14.9B), a dominance they maintained into 2024, with Sotheby’s total sales about $6.0B and Christie’s about $5.7B. Sotheby’s fine-art auction revenue dropped 31% to $3.8B in 2024, while its private transactions rose 17% to $1.4B. The United States accounted for about 43% of global art
21 June 2025
Rocketing into the New Space Race: Inside the Global Boom of Private Spaceflight and Payload Companies

Rocketing into the New Space Race: Inside the Global Boom of Private Spaceflight and Payload Companies

In 2023, the global space economy reached $570 billion, with private/commercial ventures accounting for about 78%. In 2023 there were 221 orbital launches (the most on record), more than 2,500 satellites launched, and experts project up to 100,000 satellites in orbit within the next decade. Since 2009, investors have poured about $347.9 billion into roughly 2,197 space startups worldwide. SpaceX’s Falcon 9 can carry about 22,800 kg to LEO, and the company launched 61 missions in 2022 and nearly 100 in 2023, capturing an estimated 95% of all U.S. orbital launches. Virgin Galactic began commercial suborbital flights in 2023, charging
Global Drone Market Outlook (2025–2030)

Global Drone Market Outlook (2025–2030)

In 2024, the total global drone market was about $73 billion, with forecasts to reach roughly $163–165 billion by 2030 at around a 14% CAGR. Some analyses forecast growth from about $30 billion in 2022 to $260.5 billion by 2030, implying a 27–39% annual growth rate. By 2030 the market’s major segments are projected to be: Consumer about $11.6B, Commercial about $55B, Military about $90B, Delivery about $10.5B, and Agricultural about $22.5B in annual revenue. DJI dominates the consumer drone market with an estimated 70–80% global share, over 90% in some sub-categories, led by Phantom and Mavic series as of

Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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