Stock Market & Financial News
JFR: The Outlook Of Interest Rates Might Shift Performance
Nuveen Floating Rate Income Fund remains a hold as the risk/reward profile is challenged by elevated interest rates and unsustainable dividend coverage. JFR trades at an 8.84% discount to NAV, offers a 12.2% yield, but pays out more than it earns, risking further NAV deterioration if earnings don't improve. The portfolio is 87.1% senior loans, 84.6% below investment grade, and 37.32% leveraged, amplifying both income potential and downside risk in a volatile debt market.
JFR Chainlink taps 50+ banks for stablecoin settlement test
Chainlink joins Project Pangea with European and Korean banks to test global stablecoin-based FX settlement using Swift and ISO 20022 rails.
Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Trading firm Wintermute's options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation rising across tokens and no fresh ETF bid in sight.
Oil extends decline as Trump accuses oil firms of 'gouging' consumers
Oil prices fell as concerns over disruptions to shipping through the Strait of Hormuz eased. Trump urged a DOJ probe into fuel prices, accusing oil companies of gouging consumers.
BNO 
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Energy Transfer: A 7.7% Yield On Cost Before The Biggest Growth Arrives (Upgrade)
Energy Transfer is upgraded to "Strong Buy," driven by predictable cash flows, robust yield, and a fee-based business model. ET's Q1 EBITDA rose 20% to $4.9 billion, with recurring growth drivers outpacing one-off items, and guidance for 2026 EBITDA raised to $18.2–$18.6 billion. Significant CapEx pipeline—$15 billion through 2028—positions ET for $2.5–$3 billion incremental annual EBITDA once projects are fully ramped.
ET 
Philippines Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
SecondFi exploit drains over $20M from Cardano users as wallet key generation flaw exposed
The exploit highlights critical security vulnerabilities in blockchain infrastructure, raising concerns about user trust and ecosystem accountability. SecondFi exploit drains over $20M from Cardano users as wallet key generation flaw exposed.
Buy AGNC Investment, But Not For The Dividend Alone
AGNC Investment Corp. is rated Buy, driven by improved Agency MBS spreads, better funding costs, and constructive capital issuance above book value. Despite a ~14% yield, AGNC's dividend is not risk-free; book value volatility and spread sensitivity remain central to the investment thesis. Q1 saw net spread and dollar-roll income rise to $0.42/share, comfortably covering the dividend, but book value declined, highlighting ongoing risk.
AGNC 
Pakistan Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, according to FXStreet data
Nikkei 225 Index slips as Kioxia stock suffers a harsh reversal
The Nikkei 225 Index has slumped over the past two consecutive days, reaching a low of 68,863 as fears of a technology bubble intensify. It has slipped by 5.5% from its high this week, with key technology companies in the red.
BBJP 
Nickel Industries Limited (NICMF) Discusses Sampala Project Monetization and HPAL Integration for EV Supply Chain Expansion Transcript
Nickel Industries Limited (NICMF) Discusses Sampala Project Monetization and HPAL Integration for EV Supply Chain Expansion Transcript
NICMF 
Qualcomm in talks to provide custom chip-design services to ByteDance, sources say
Qualcomm is in talks to provide chip-design services to China's ByteDance, four people familiar with the matter said, as the U.S. company seeks to reduce dependence on the smartphone market, its biggest revenue source.
QCOM 
India Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
Genco Shipping: A Hidden Gem Caught Between A Board And An Activist
Genco Shipping presents a rare, asymmetric opportunity as activist Diana Shipping escalates pressure for control following a failed but consequential June 18 board vote. GNK trades at a steep forward EV/EBITDA discount of 6.4x, 47% below sector median, with ultra-low debt providing a robust safety floor for patient investors. Diana lost the June 18 vote but raised its offer to $27.34 per share beforehand and kept pressuring the board afterward, signaling urgency rather than retreat.
GNK 
Bitcoin drops toward $62,000 as the chip selloff deepens for a second day
A renewed rout in semiconductor stocks pulled risk assets lower again, and crypto kept sliding. Bitcoin is down 5% on the week, with ether and the memecoins falling harder.
Trump instructs DOJ to probe oil companies over higher gasoline prices
U.S. President Donald Trump said on Wednesday that he has instructed the Department of Justice to look into oil companies for not lowering pump prices in line with falling crude costs.
BNO 
EUR/JPY Price Forecast: Tests symmetrical triangle bottom near 183.50
EUR/JPY Price Forecast: Tests symmetrical triangle bottom near 183.50
Archer Aviation's Double-Bottom May Be Here - Commercialization Remains A Distance Away
ACHR advances VTOL testing and regulatory milestones, with the upcoming eIPP participation and Restricted Type Certificate program supporting intermediate-term US/UAE commercialization. With a growing order book nearing $6B as of 2024 and an expanded manufacturing cadence, the VTOL company appears well on track to rapidly monetize their offerings upon FAA certification. These tailwinds are, albeit, negated by ACHR's elevated cash burn rate as they intensify their multi-pronged testing/manufacturing/training/operations at Hawthorne Airport in LA/commercialization cadence.
VTOL 
EUR/USD Price Forecast: Hits one-year low, eyes 1.1350 as bullish USD offsets oversold RSI
EUR/USD Price Forecast: Hits one-year low, eyes 1.1350 as bullish USD offsets oversold RSI
Forget Nvidia: Philippe Laffont reveals his preferred way to gain AI exposure
The likes of Nvidia (NVDA) and Micron (MU) remain the front and center of all AI-related debates in 2026, but billionaire investor Philippe Laffont is approaching the boom from a different angle. Speaking recently with CNBC, the founder of Coatue Management revealed his $90 billion hedge fund prefers a classic “picks-and-shovels” strategy rather than wagering on individual chipmakers like NVDA.
NVDA 
Kospi Index forms bearish divergence ahead of Micron earnings
The Kospi Index retreated sharply this week, reaching its lowest level since June 12, as technology stocks plunged. It retreated by 10% on Tuesday, and continued the trend today, June 24.
EWY 
B2Gold: Sit Tight, Wait For Production To Jump
B2Gold presents a compelling value opportunity as operational lulls and Mali risk are priced in, with production ramping up late 2026. BTG's 2026 high AISC ($2,400–$2,580) is temporary, driven by deferred stripping at Fekola and Goose Mine capex, with costs expected to drop sharply in 2027. Strong financial health: $385M cash, $750M credit facility, and recent $325M asset sale provide ample liquidity for growth and capital returns.
BTG 
SoftBank's Son Sets Bold Net Asset Value Target on Promise of ‘Super AI'
Masayoshi Son wants to bring SoftBank's net asset value to $6.189 trillion in the next decade.
SOBKY 
$4,050: Gold dives to fresh two-week low as Fed rate hike bets boost US Dollar
$4,050: Gold dives to fresh two-week low as Fed rate hike bets boost US Dollar
MISL: Broad Aerospace And Defense Exposure With Multiple Growth Catalysts
The First Trust Indxx Aerospace & Defense ETF is rated Buy, offering diversified exposure to aerospace, defense, and space technology growth catalysts. MISL benefits from expanding US defense budgets, increased aircraft production, and robust demand for MRO and space infrastructure services. Key holdings stand to gain from rising munitions production, operationalizing the Golden Dome program, and supply chain expansion.
MISL 
Gold and Silver Price Forecast: Dollar Rally Puts Key Support at Risk
Gold and silver remain under pressure as the dollar rallies, rising Treasury yields, and Fed rate hike expectations put key support levels at risk.
Wall Street Opens Door to Zcash Mining Exposure as Fortitude Moves Toward Nasdaq Debut
Institutional exposure to Zcash mining will formally arrive on Wall Street following the business combination agreement announced between Fortitude Mining Holdings and Heartsciences.
