Sensei's Morning Forecast: iPhone Air, Tesla Slump, Klarna IPO & More

Klarna targets $14B IPO, Tesla loses EV ground, iPhone Air launches, SpaceX expands Starlink, and HashKey unveils crypto fund

👀 Today’s Key Stories at a Glance

• 🚗 Tesla’s EV Market Share Plunges to 38%
  Tesla’s U.S. EV dominance hits an eight-year low as legacy automakers surge with incentives and fresh lineups.

• 📱 Apple Unveils iPhone Air at 'Awe Dropping' Event
  Apple’s ultra-thin iPhone Air headlines today’s launch, aiming to spark upgrades with a bold design refresh.

• ⚖️ Appeals Court Dismisses States' Federal Layoff Lawsuit
  Judges ruled states lack standing to block Trump-era mass firings, clearing the path for deeper federal cuts.

• 🏦 Hong Kong’s HashKey Launches $500M Crypto Treasury Fund
  Asia’s largest institutional digital asset fund bridges traditional finance with crypto via regulated active management.

• 🚀 SpaceX Buys $17B in Spectrum to Expand Starlink Cell Service
  SpaceX’s EchoStar deal secures vital spectrum, boosting satellite-to-phone service and disrupting global wireless carriers.

• ✈️ Vertical Aerospace Begins Final Flight Test Phase for VX4 eVTOL
  After completing 250 miles of wingborne flights, Vertical now preps for “transition” testing to prove full versatility.

• 💳 Klarna IPOs Tomorrow at $35–$37 Amid Profit Concerns and BNPL Regulation
  Klarna aims for a $14B valuation, but rising credit losses and looming rules challenge its post-IPO upside.

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🧠 One Big Thing

Apple is betting big on thin—70% of current iPhone users are considering an upgrade, with the ultra-slim iPhone Air poised to spark the company’s first major refresh cycle in 8 years.

💰 Money Move of the Day

When a product launch is widely anticipated—like today's iPhone event—history shows stocks often dip on “sell-the-news” behavior. Watching how markets react after the excitement can be just as revealing as the launch itself.

📊 Market Snapshot

Cryptocurrencies:
Bitcoin (BTC): $112,732 (▲ +0.59%)
Ethereum (ETH): $4,347 (▲ +0.94%)
XRP: $3.00 (▲ +1.04%)

Equity Indices (Futures):
S&P 500 (US500): 6,503 (▲ +0.08%)
NASDAQ 100 (NQ1!): 23,856 (▲ +0.24%)
FTSE 100: 9,243 (▲ +0.14%)

Commodities & Bonds:
10-Year US Treasury Yield: 4.057% (▲ +0.37%)
Oil (WTI): $63.04 (▲ +0.39%)
Gold: $3,651 (▲ +0.42%)

🕒 Data as of UK (BST): 11:55 / US (EST): 06:55 / Asia (Tokyo): 19:55

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✅ 5 Things to Know Today + Bonus Story