The U.S. payroll report is expected to show that employers added 200,000 jobs in June, fewer than last month; bitcoin (BTCUSD) and other cryptocurrencies are falling on selloff fears after failed exchange Mt. Gox began $9 billion in payouts; the European Union (EU) is reportedly set to warn social media platform X on content violations in the latest move against U.S. tech firms; Disney (DIS), Netflix (NFLX), and other streaming services asked a Canadian court to set aside a content fee; and Shell (SHEL) expects to take an impairment charge of up to $2 billion after halting work on a biofuels plant. U.S. stock futures are little changed following the Independence Day holiday. Here’s what investors need to know for next week.

  1. Jobs Report Expected to Show Slowdown in Hiring: The U.S. payroll report is expected to show employers added 200,000 jobs in June, down from May’s 272,000. The unemployment rate is anticipated to remain at 4%, with hourly wages rising 0.3%, down from 0.4%. This data could influence Federal Reserve decisions on interest rate cuts.
  2. Bitcoin, Ether Fall as Mt. Gox Payouts Begin: Cryptocurrencies are plummeting as the failed exchange Mt. Gox starts $9 billion in payouts. Bitcoin is down about 3% to $55,000, while Ether is down 3.5%, contributing to a $170 billion drop in market capitalization in the last 24 hours.
  3. EU Reportedly Set to Warn X for Failing to Combat Dangerous Content: The European Union plans to issue a formal warning to Elon Musk’s X social media platform for not combating dangerous content. A violation of the Digital Services Act could result in a fine of up to 6% of X’s revenue.
  4. Disney, Netflix Among Streamers Seeking to Block Canadian Content Fee: Disney, Netflix, and other streaming companies have asked a Canadian court to block a proposed 5% fee on sales to fund local content. This fee could cost streaming services up to 200 million Canadian dollars ($147 million) annually.
  5. Shell to Take $2B Charge After Pausing Work on Dutch Biofuels Plant: Shell announced it would take an impairment loss of up to $2 billion after halting construction of a biofuels plant in Rotterdam. The company cited weak market conditions and expects lower revenues from its Integrated Gas segment due to seasonality.