Investing.com -- U.S. President Donald Trump reported more than $600 million in income from various business ventures including cryptocurrency, golf clubs, and licensing deals according to Reuters.

Investing.com -- U.S. President Donald Trump reported more than $600 million in income from various business ventures including cryptocurrency, golf clubs, and licensing deals according to Reuters.

The financial disclosure document, signed on June 13, includes details suggesting it covers the period through December 2024. This timeframe would exclude most earnings from the family’s cryptocurrency ventures launched in early 2025.

The report captures a period when the Trump family was beginning to enter the cryptocurrency sector while maintaining their real estate and golf club businesses.

Trump’s meme coin, known as $TRUMP, has reportedly generated approximately $320 million in fees, though the distribution of these earnings between Trump-controlled entities and partners remains undisclosed.

Beyond the meme coin, the Trump family has earned more than $400 million from World Liberty Financial, a decentralized finance company.

The disclosure specifically notes Trump received $57.35 million from token sales related to World Liberty, and he holds 15.75 billion governance tokens in the venture.

The report, which appears to cover the 2024 calendar year, shows Trump holds assets worth at least $1.6 billion.

His recent expansion into cryptocurrency has significantly increased his wealth alongside substantial fees from development projects and revenue from his established businesses.

This article first appeared in Investing.com

Investing | Sat, Jun 14 2025 08:09 PM AEST

Investing.com -- Apple shares may benefit from short-term upside as deep discounting in China fuels stronger-than-expected iPhone and iPad sales, according to Morgan Stanley (NYSE:MS).

Investing | Sat, Jun 14 2025 03:49 AM AEST

Investing.com -- Apple shares may benefit from short-term upside as deep discounting in China fuels stronger-than-expected iPhone and iPad sales, according to Morgan Stanley (NYSE:MS).

“iPhone and iPad sell-through in China are positively surprising this quarter thanks to 618 Festival promotion momentum,” Morgan Stanley analysts wrote, adding that the trend suggests “up to $4B June revenue upside vs. MSe, all else equal.”

“Specifically, we now see ~3.0M units of upside to our June quarter iPhone shipments and ~2.5M units of upside to our June quarter iPad shipments,” the bank stated.

China’s 618 Festival promotions and national subsidies are said to have been key drivers, leading to “very strong” iPhone sell-through for three consecutive weeks.

The bank’s Greater China Tech Hardware team now estimates 46.5 million iPhone builds and 14.5 million iPad builds in the June quarter, representing year-over-year growth of 19% and 38%, respectively.

That’s up from prior estimates of 45 million iPhones and 13 million iPads.

Using historical seasonal relationships between builds and shipments, Morgan Stanley projects iPhone shipments to hit 49 million, which is “7% above MSe of 46.0M units, and 8% above Consensus at 45.2M.”

For iPads, they now see 14.7 million shipments, “20% above MSe of 12.3M (NYSE:MMM) units, and 12% above Consensus.”

While near-term Services growth uncertainty remains a concern for investors, Morgan Stanley stated: “Estimate upside is typically accompanied by multiple expansion, so watch for Apple (NASDAQ:AAPL) to potentially catch a short-term bid given the stock is trading towards the lower-end of its 24-32x P/E range over the last 2 years.”

This article first appeared in Investing.com

Larrikin Distiller Greg Keeley with ASCOT Awards Founder and Judge, Fred Minnick Larrikin Single Barrel Bourbon was awarded Double Platinum at the Prestigious ASCOT Awards. Kentucky’s Larrikin Bourbon...

EIN Presswire | Fri, Jun 13 2025 04:08 AM AEST

LAWRENCEBURG, KY, UNITED STATES, June 12, 2025 /EINPresswire.com/ -- Larrikin Bourbon Co. has notched another milestone, earning seven medals at the 2025 ASCOT Awards – one of the spirits industry's most respected blind-judging competitions, led by whiskey authority Fred Minnick. For the veteran-owned Kentucky distillery with Australian roots, it’s a validation of a unique style, blending Bluegrass tradition with Aussie pluck and irreverence.

The results speak volumes:
• Single Barrel Bourbon – DOUBLE PLATINUM
• Rosewater Bourbon – PLATINUM
• Single Barrel High Wheat Rye – PLATINUM
• Maple Bourbon Cream – PLATINUM
• Bottled in Bond – GOLD
• Deep Purple (hazmat) – GOLD
• Decade Rye Cognac Finish – GOLD

“The Ascot recognition comes on the heels of recognition at the International Wine & Spirits Competition, San Francisco Spirts Awards and the New York International,” said founder and distiller Greg Keeley. “It’s a sign we’re doing something right. We’ve been quietly building something different here – bourbon with personality and a smidge of Aussie mischief, and folks are paying attention.”

The range of awarded expressions speaks to Larrikin’s creative scope – from the unconventional Rosewater Bourbon to the refined, high-wheat Single Barrel Rye and Bourbon Cream made with Wisconsin dairy and maple syrup. Each bottle reflects the Larrikin team’s belief that good whiskey doesn’t follow trends – it sets them.

“To take home Double Platinum means we scored unanimous top marks – that’s not just fluff and bubble, that’s real-deal recognition from some of the best in the game,” said Keeley. “We’re pumped, not just for the silverware, but for what Fred Minnick’s Ascot Awards represent.”

The ASCOT Awards use a strict 100-point scale and blind judging to assess appearance, aroma, taste, and finish. Recognition at this level means holding your own against the biggest names in the global spirits world – and Larrikin Bourbon Co. has done just that.

Greg Keeley
Larrikin Bourbon Co.
+1 859-551-8300
gregk@larrikinbourbon.com

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