Stock Market & Financial News
Gold Price Rebound? Futures Positioning Signals Support Above 4,000
Gold prices are on track for a fourth consecutive monthly decline, yet several indicators suggest bearish momentum may be fading. Extreme seasonality readings, improving futures positioning and resilient options market sentiment all point to the potential for another rebound while support above 4,000 remains intact.
Onto Innovation: At Lifetime Highs, But Still Worth Getting Behind
Onto Innovation which has surged by over 260% and has outperformed the Russell 1000 by 10x over the past year, is still deemed worthy of a buy rating. ONTO is positioned across front-end and back-end semiconductor manufacturing, with over 60% of revenue now AI compute-related, with >$1B worth of opportunities ahead. Operating margins which are at 26.7% are poised to expand to 30% by the end of the year, as advanced node opportunities pick up.
ONTO EURUSD Falls to One-Year Low
The Euro extends steep fall into fifth consecutive day and falls to the lowest in one year on Tuesday, following break of former 2026 low (1.1410).
AUDUSD Wave Analysis – 23 June 2026
AUDUSD currency pair recently broke the support zone between the round support level 0.7000 (which stopped the previous impulse wave A at the start of June, as can be seen below) and the 61.8% Fibonacci correction of the upward impulse from March.
NZDUSD Wave Analysis – 23 June 2026
NZDUSD currency pair recently broke the key support level 0.5685 (which stopped the previous impulse wave С at the start of April, as can be seen below).
FedEx Beats Global Trade Headwinds as Package Volumes Surge
FedEx saw its package volume increase during the quarter ended May 31, in both its U.S. domestic business and its international export business, as it helped customers navigate a dynamic macro environment.
FDX 
Hercules Capital: This 12% Yield Is My Top Pick For The Back Half
Hercules Capital stands out among BDCs for its resilient, venture-focused portfolio and minimal AI disruption risk. HTGC maintains strong credit quality, with only 0.1% of its portfolio on non-accrual and a 12% yield, supporting a Strong Buy rating. Portfolio composition is 44% healthcare/life sciences and 35% application software, with high barriers to entry and AI beneficiaries.
HTGC 
Strategy Should Halt Bitcoin Purchases to Restore Liquidity, Says CryptoQuant
Reserve loss: The cash reserves of the company Strategy have recorded a 38% decline since the start of 2026. Financial obligations: The firm's annualized dividend commitments increased from $300 million to about $1.2 billion in less than six months.
Samsung Electronics plans 90 trln won share buyback, Yonhap reports
Samsung Electronics plans a share buyback programme worth 90 trillion won ($58.61 billion) after agreeing to give a bonus in stock to employees following recent wage talks, the Yonhap News Agency reported on Wednesday.
SSNLF 
Abbisko Therapeutics enters potential $1.9 billion R&D deal with Eli Lilly
Abbisko Cayman said on Wednesday that its Shanghai-based unit Abbisko Therapeutics has entered into a strategic research collaboration and license agreement with Eli Lilly.
LLY 
Trump visits Mack Trucks plant in battleground Pennsylvania district to tout economic agenda as midterms loom
Donald Trump visited the Mack Trucks facility in Macungie, Pennsylvania, to promote his economic agenda in a key battleground district ahead of the midterm elections.
VLVLY 
Gold Lower Amid Weak Sentiment
Gold was lower in early Asian trade amid weak sentiment.
AAAU 
Axon: Time To Pull The Trigger (Rating Upgrade)
Axon Enterprise is upgraded to a buy as fundamentals and growth prospects have strengthened while valuation remains nearly unchanged. AI-driven full-stack solutions and robust international adoption, including 100%+ YoY international revenue growth, reinforce its global leadership. Q1 results showed 34% YoY revenue growth, a raised 2026 outlook, and strong demand with 44% YoY bookings growth and 125% net revenue retention.
AXON 
PBOC sets USD/CNY reference rate at 6.8195 vs. 6.8171 previous
PBOC sets USD/CNY reference rate at 6.8195 vs. 6.8171 previous
UK climate watchdog says faster electrification needed to cut household bills
Britain's Climate Change Committee (CCC) urged the government on Wednesday to accelerate efforts to transition to clean energy and remove policy costs from electricity bills, as households reel from high energy prices. Here are some more details:
CCC 
TBG: Improved Fundamentals But Still Falls Short Of FDVV
TBG Dividend Focus ETF maintains a 'hold' rating as fundamentals remain competitive within its category. TBG offers a 12.75% next-year EPS growth rate, which should easily support future dividend growth, and a 3.59% estimated dividend yield that's well above its 2.70% trailing yield. The portfolio is concentrated but still well-diversified at the sector level, despite managers being sector agnostic. TBG's highest-weighted equity position is Blackstone at 4.55%.
TBG 
Bitmine buys 35,138 Ethereum for $59M as it closes in on owning 5% of all ETH
Bitmine's aggressive ETH accumulation strategy could impact Ethereum's market dynamics, raising centralization concerns and influencing investor sentiment. Bitmine buys 35,138 Ethereum for $59M as it closes in on owning 5% of all ETH.
FedEx Corporation (FDX) Q4 2026 Earnings Call Transcript
FedEx Corporation (FDX) Q4 2026 Earnings Call Transcript
FDX 
Has Bitcoin Already Bottomed? On-Chain Data Hints at a 2026 Bear Market Floor
All-time low: The supply in profit metric has broken its trend line from previous cycles by dropping to 10.2 million BTC. Sales reduction: The 90-day average of spent transaction outputs from veteran investors dropped to a volume of 962 BTC. Forced liquidations: The derivatives market recorded a forced closure volume worth $404 million.
Analyzing Bitcoin's 15% June decline despite $43mln in whale buys
Whales might not be the best guide to where Bitcoin's price heads next.
Allfunds brings tokenized funds to Solana
SolanaFloor reported on June 23, 2026, that Allfunds Blockchain expanded its tokenized funds to Solana through Project Harmonia. The move could connect more than 3,300 asset managers to the network, making fund tokenization a new institutional RWA lane for Solana.
Nutanix: The Beaten-Down Private-Cloud Winner
Nutanix is positioned for multi-year growth, benefiting from VMware customer migrations, expanded storage partnerships, and emerging AI inference opportunities. Q3 FY2026 results exceeded guidance across all metrics, with revenue of $703.1M (+10% YoY), 15% ARR growth, and non-GAAP operating margin of 22.3%. NTNX authorized a $750M share buyback, signifying management's confidence, while trading at a reasonable ~24x non-GAAP P/E and a rule-of-40 score of 42.
NTNX 
A16z withdraws 25,560 Ethereum worth $43M from Binance
A16z's withdrawal trend highlights growing institutional caution, potentially increasing Ethereum's price volatility due to reduced exchange liquidity. A16z withdraws 25,560 Ethereum worth $43M from Binance.
Bitcoin Suisse gets MiCAR license for EEA expansion
Bitcoin Suisse said on June 22, 2026, that Bitcoin Suisse (Europe) AG received a MiCAR Crypto Asset Service Provider license from Liechtenstein's Financial Market Authority. The approval gives the group a regulated base for serving selected EEA markets.
3 Things to Know about the Current Market Environment
While the major indexes are flashing wild price swings that look straight out of a bear market, the broader data tells a completely different story.
QQQ 
SharpLink generates 509 ETH from staking rewards in a single week, now holds over 876K ETH
SharpLink's rapid ETH accumulation and staking strategy highlight the growing trend of corporate crypto treasury management, impacting investor access. SharpLink generates 509 ETH from staking rewards in a single week, now holds over 876K ETH.
Verastem, Inc. (VSTM) Discusses Preliminary TARGET-D 101 Data for VS-7375 in KRAS G12D Mutated Cancers Transcript
Verastem, Inc. (VSTM) Discusses Preliminary TARGET-D 101 Data for VS-7375 in KRAS G12D Mutated Cancers Transcript
VSTM 
XRP Withdrawal Activity Reaches Highest Level Since June 2024 on Binance
XRP withdrawal transactions on Binance overtook deposits for several days, while similar shifts were observed across other crypto exchanges, including Coinbase and Bybit. The shift occurred as XRP traded near recent lows, pointing to a change in exchange behavior amid price pressure.
Walmart-backed Flipkart expands quick-commerce push as Amazon ramps up in India
As quick commerce becomes India's next e-commerce battleground, Walmart-backed Flipkart said Wednesday that its Minutes service has built a network of 1,000 micro-fulfillment centers — small, strategically located warehouses designed to enable deliveries in minutes — less than two years after launch, a milestone Amazon is also targeting as it expands its fast-delivery business in the South Asian nation.
WMT 
Nvidia's banned AI chips double in price on China's black market, FT reports
Nvidia's AI chips have more than doubled in price on China's black market, the Financial Times reported on Tuesday, citing multiple Chinese chip traders.
NVDA 
