Stock Market & Financial News
Bitcoin OG Selling Drops to Lowest Level Since Late 2024
Bitcoin is yet to recover from the prolonged market volatility, but selling pressure among long-time Bitcoin holders is easing as they become more willing to hodl their assets.
Next's international opportunity dwarfs expectations, but M&S faces fashion test, says RBC
Next PLC (LSE:NXT) and Marks and Spencer Group PLC (LSE:MKS) both offer structural growth opportunities that could support earnings even as the wider UK consumer outlook remains uncertain, according to RBC Capital Markets. For Next, the story is increasingly international, analyst Richard Chamberlain said, feeling that the clothing retailer's online growth opportunity overseas remains significantly underappreciated.
NXT Bitcoin and Ether ETFs Record Another Week of Withdrawals with $134 Million Exiting the Market
ETF Outflows: Bitcoin and Ether ETFs saw $134.4 million leave the market on June 22, with heavy selling concentrated in IBIT and GBTC. Issuer Divergence: Despite inflows into ARKB, FBTC, and other funds, withdrawals from the largest products kept Bitcoin and Ether categories negative for the session.
BTC dips deeper into red, dragging the broader market with it
Bitcoin fell back toward $62,000 after briefly crossing $65,000 on June 22, reversing a short-lived recovery attempt as broader confidence weakened quickly. Spot BTC ETF outflows, early-investor selling concerns, dollar strength and quantum-computing anxiety added pressure as liquidations topped $700 million, with BTC making up about 30%.
MapLight Therapeutics, Inc. (MPLT) Discusses Top Line Phase II IRIS Study Results for ML-004 in Autism Spectrum Disorder Transcript
MapLight Therapeutics, Inc. (MPLT) Discusses Top Line Phase II IRIS Study Results for ML-004 in Autism Spectrum Disorder Transcript
MPLT 
Buy 5 Health and Fitness Stock Winners of 1H for More Gains in 2H
COLM, OSW, UNFI, COCO and LTH are five health and fitness stocks that have surged in 1H and have more room to grow in 2H.
WNRS 
Micron Could Beat Earnings Again, And It Still Might Not Be Enough
Micron Technology remains a strong buy, driven by robust AI-fueled demand for HBM, DRAM, and NAND memory. MU's valuation has reached an inflection point; further upside hinges on sustained growth and management's outlook for 2028. Investor focus is shifting from near-term beats to long-term revenue lock-in, HBM margin accretion, and supply chain health.
HBM 
Chainlink News: LINK Embraces APAC Equities Streams – Samsung, Toyota, and Sony Are Now On-Chain
Chainlink launches APAC Equities Streams, bringing live on-chain price data for Samsung, Toyota, Sony, and SK Hynix. Explore what the integration pipeline means for LINK and the RWA tokenization narrative.
Benchmarks Are Broken: Why Antiquated Methodologies Fail Fixed Income
The early 1970s made for interesting times. Political turbulence amid the Vietnam War, cultural rebellion, and escapist entertainment were rampant.
AGG 
Add Diversification As SMID-Cap ETF TMSL Celebrates Milestone
Concentration risk has emerged as a dominant threat to portfolios this year. Even as geopolitical tensions show signs of cooling under a potential U.S.-Iran deal, market crowding remains a top concern.
SMID 
How SFLO Finds Quality Companies in Volatile Small-Cap Value Investing
Small-cap investing rewards discipline. The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is the small-cap value expression of the VictoryShares Free Cash Flow Suite.
SFLO 
Ondas Inc.: Buys Cyberhawk For $125M And Wall Street Barely Reacts
Ondas (ONDS) acquires Cyberhawk for $125M in cash, marking a strategic shift from prior share-based deals and leveraging its strong balance sheet. Cyberhawk brings 232TB of georeferenced asset data and AI-driven analytics, enhancing ONDS's technical capabilities and creating significant integration synergies. Despite a long standalone payback, Cyberhawk's platform is expected to drive group-wide value through technology reuse and lower development costs.
ONDS 
Kioxia: Still A 'Buy' Considering ADS Listing And LTAs
Kioxia Holdings (KXIAY) remains a Buy, driven by an anticipated ADS listing and expanding long-term agreements (LTAs). Kioxia's U.S. listing, targeted for FY27, is expected to narrow its P/E discount vis-a-vis its peer Sandisk. Multi-year LTAs covering 50% of 2028 shipments provide meaningful revenue visibility, transforming Kioxia from a cyclical play to a more durable investment.
KXIAY 
Trump's 2 New Quantum Computing Orders Reignite the Next AI-Style Investing Boom
President Trump's latest push into quantum computing is arriving at an interesting moment.
QMCO 
$4,000: Major level comes into focus as stronger US Dollar weighs on Gold
$4,000: Major level comes into focus as stronger US Dollar weighs on Gold
5 Ways to Play Prime Day That Aren't Amazon
Amazon NASDAQ: AMZN is the prime stock for investors to play Prime Day, as it is the originator and central hub for all things related to it. This year's event runs June 23–26, 2026—a four-day, 96-hour window that Amazon has moved up from its usual July slot.
AFRM 
Cadence Design Systems: The Market Is Paying Up, But The Earnings Path Still Works
I rate Cadence Design Systems a Buy with a $460 price target, reflecting 37% upside potential from the current level of $379. My growth drivers are agentic AI inside core EDA, semiconductor IP tied to memory and interconnect, SDA after Hexagon, and steady EPS support from buybacks and acquisition accretion. I assume these growth drivers can support the EPS to move from the current $7.90 to a 2028 adjusted EPS estimate of $10.07.
CDNS 
SpaceX stock is down 20% since Jim Cramer's big prediction
Between June 17 and press time on June 23, it appeared at face value that the popular online notion that Jim Cramer tends to not only be wrong, but spectacularly wrong with hilarious timing, played out with regard to SpaceX (NASDAQ: SPCX) stock.
SPCX 
Micron: Why A $1600 Price Is Easy After Earnings
Micron Technology (MU) has delivered a staggering 817% one-year return, now surpassing even Nvidia's performance over five years. This should give pause to any Micron bull. Industry analysis suggests otherwise. DRAM supply remains tightly constrained by oligopolistic discipline and physical manufacturing limits, capping global expansion at 20% annually for the medium term. A detailed dive into the operating metrics of Micron compared to Nvidia explain the past decade, and project Micron's future earnings power permitted by its fixed-cost business model.
MU 
Aurinia (AUPH) Moves 6.5% Higher: Will This Strength Last?
Aurinia (AUPH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
AUPH 
Nakamoto Shuts Its Last Healthcare Clinics to Go All-In on Bitcoin
Nakamoto Inc. (Nasdaq: NAKA) shut down its legacy healthcare clinics on June 19, 2026. The closure marks a decisive step in the company's transformation into a dedicated Bitcoin (BTC) operating company.
Crypto market selloff deepens as Warsh Fed and Iran uncertainty hit Bitcoin: Wintermute
Wintermute says Bitcoin absorbed risk first as a hawkish Fed, stalled Iran talks, ETF outflows, and weak demand keep crypto on edge now too.
USD/JPY, AUD/USD and NZD/USD Forecasts – US Dollar Continues to Be Strong
The interest rate differential continues to be a strong mover of the US dollar in general. This is a consistent mover of the Forex markets at the moment.
THORChain resumes trading after five-week halt following $10.7M exploit
THORChain's incident underscores the critical need for robust security measures and may influence future cryptographic protocol designs. THORChain resumes trading after five-week halt following $10.7M exploit.
Cardano Leios Testnet Puts ADA Scalability Debate Back In Focus
Cardano's Leios scaling work is putting ADA's technical roadmap back in focus, with the project aiming to increase transaction capacity while preserving se
Ondo Finance shifts 150mln tokens – Here's why traders are watching!
ONDO risks $0.27 drop as team moves 150 million tokens.
RenaissanceRe Holdings Offers Investors Two Preferreds
RenaissanceRe Holdings Ltd. offers two preferred stocks, Series F and Series G, both yielding near 7% and rated BBB since issuance. I assign a Buy rating to Series G - RNR.PR.G - due to its low coupon, similar yield to Series F, and greater call protection; Series F is Hold-rated. RNR's robust financials—$1.3B underwriting income, $1.7B investment income, and 14x equity coverage—provide strong preferred dividend safety.
RNR 
AI-Proof Market-Beating Returns: Carlisle Companies
Carlisle Companies is capitalizing on a wave of commercial reroofing demand, driving market-beating returns independent of AI trends. CSL's Q1 2026 results showed resilient profitability despite a 4% revenue decline, with adjusted EPS up 0.6% and EBITDA margin expanding to 22.3%. Shares trade at a forward PE of 16.4, an 18% discount to fair value, with an 11.1% annual EPS growth consensus and a 1.3% dividend yield backed by a low payout ratio.
CSL 
Here Are Tuesday's Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More
Futures are trading lower after a mixed start to trading on Monday, following the holiday-shortened week due to the Juneteenth Federal holiday.
CNC 
USD/INR Forecast Note for the Week (22 June)
The recent bounce on the USD/INR preserves the trendline, keeping the pair in consolidation ahead of US data.
