Stock Market & Financial News
Seeing Machines wins $31m expansion of automotive monitoring programme
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z), the computer vision company focused on transport safety, has secured a $31 million expansion of an existing automotive production programme with a major European carmaker. The deal broadens the deployment of the company's Driver and Occupant Monitoring System, technology that uses in-cabin cameras to track driver attention and detect signs of fatigue or distraction, across additional vehicle models.
SEEMF SCD: Gets The Job Done But Not The Most Efficient Income Fund
LMP Capital and Income Fund maintains a 9.2% yield, with management expressing confidence in sustaining current distributions through August. Recent performance and distribution consistency have been concerns, leading to a hold rating on SCD. Franklin Templeton's management strategy and risk profile are key considerations for SCD's forward outlook.
SCD Tesco Sales Bolstered by Online Growth
The company reported online growth of 8.9% in the U.K and of 17% in Central Europe.
TSCDY Gold: Higher yields and stronger Dollar weigh – Deutsche Bank
Gold: Higher yields and stronger Dollar weigh – Deutsche Bank
Salesforce Can't Catch A Break - M&A Driven Growth Strategy Pays Off
CRM announces 13 acquisitions over the past twelve months, with it building upon their historical growth-by-acquisition strategy albeit triggering a deteriorating balance sheet health. Otherwise, the strong free cash flow generation and the expanding multi-year backlog mitigate risks, significantly aided by the adj EPS accretion from the accelerated share repurchase cadence. Agentic AI integration and strategic acquisitions like Slack/Informatica drive accelerating workflow and ARR growth, lending credibility to CRM's AI beneficiary status and reiterated FY2030 guidance.
CRM 
U.K. Unemployment Falls Below 5%
The unemployment rate unexpectedly inched down while wage growth remained flat, ahead of a BOE meeting in which it is expected to keep interest rates on hold.
EWU 
Grayscale says AAVE fair value could reach $175 in one year
Grayscale says AAVE may be undervalued, with fair value at $80-$100 now and near $175 in a year if tokenized assets enter DeFi lending soon.
Sandisk's Rally May Be Far From Over
Sandisk reported $5.95 billion revenue, up 97% sequentially, while gross margins expanded to an exceptional 78.4%. Five multiyear agreements secure over one-third of FY2027 output and include more than $11 billion of guarantees. Data center revenue surged 233% quarter-over-quarter as AI workloads increasingly require larger and more storage-intensive architectures.
SNDK 
John Hancock Mortgage-Backed Securities ETF Q1 2026 Commentary
John Hancock Mortgage-Backed Securities ETF underperformed its benchmark, the Bloomberg U.S. MBS Index, during the first quarter period. In March, bond yields soared and prices fell in response to escalating conflict in the Middle East and stoking concerns about rising inflation. Investors began pricing in an interest rate increase before year-end as geopolitical uncertainty led to dramatic changes in expectations for Federal Reserve interest rate policy.
JHMB 
Bitcoin Whale Wallets See Major Rebound
According to on-chain data, Bitcoin's largest holders are currently in the middle of a massive accumulation campaign.
Algorand Price Up 9% This Week: 3 Bullish Signals Traders Can't Ignore
Algorand (ALGO) quietly staged a comeback after gaining nearly 9% this week, as a series of bullish developments began reshaping sentiment around the Layer-1 blockchain. While Algorand price remains far below its previous cycle highs, recent developments suggest the token may be witnessing early stages of a broader recovery rally.
Live markets: Bitcoin and ether ETFs lost $111 million combined as rate-cut hopes died
Total market value has held flat near $2.26 trillion since Tuesday, with the recovery losing momentum after the Fed killed rate-cut hopes and spot ETFs swung back to outflows.
Pound to Dollar Forecast: GBP Drops to 1.33 After Hawkish Fed Hold
The Pound to Dollar (GBP/USD) exchange rate came under renewed pressure on Thursday after the Federal Reserve signalled that US interest rates are likely to remain higher for longer, boosting the US Dollar across the board. At the time of writing, GBP/USD was trading at $1.3300, down almost 1% on the day as investors reacted to the.
Pound to Canadian Dollar Price News, Forecast: Falling Oil Prices Cushion GBP Weakness
The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range on Wednesday as softer-than-expected UK inflation data weighed on Sterling while falling oil prices limited support for the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading at CA$1.8782, little changed on the day.
The New York Knicks Championship and the End of the ‘Dolan Discount'
Madison Square Garden Sports Corp. shares are up nearly 100% in the past year, nearing a record high.
MSGS 
Wall Street Slumps as Kevin Warsh Delivers Hawkish Hold, GBP/USD's Plunge Hits Support Ahead of BoE
Fig. 1: GBP/USD minor trend as of 18 Jun 2026 (Source: TradingView). The information presented is historical information, and past performance is not indicative of future performance.
Taiwan Semiconductor: Not Expensive When You Run The Numbers On AI Demand
Taiwan Semiconductor has surged 47% in six months, vastly outperforming the benchmark's 10% gain. TSM's stock appreciation is underpinned by robust earnings growth, not speculative overvaluation, trading at a modest 13% premium to sector median P/E. I maintain a Strong Buy rating, citing TSM's leadership in the AI revolution and outstanding recent quarterly performance.
TSM 
Oil Prices Fall Amid Prospects of Fast Reopening of Strait of Hormuz
Oil prices retreated in Asia on Thursday afternoon as traders bet on a swift reopening of the Strait of Hormuz, the critical waterway through which roughly one-fifth of global oil shipments are typically transported.
BNO 
Douglas Emmett: Pass On This 6% Yield
Douglas Emmett is an office and multifamily REIT highly concentrated in Los Angeles and Honolulu, trading at 12x AFFO with a 6% yield. I initiate coverage at Hold, citing structural office market headwinds, negative AFFO trends, and high leverage, despite some progress in multifamily and leasing. DEI's office portfolio faces declining occupancy and NOI, while multifamily remains a bright spot but only represents 20% of revenue.
DEI 
Tether shuts down Alloy as XAUT becomes bigger gold bet
Tether winds down Alloy and aUSDT after weak demand, shifting focus to XAUT, USDT and higher-liquidity products across its larger ecosystem.
Exclusive: KKR eyes at least $1 billion stake in Medicover's India hospital arm, source says
KKR is in advanced talks to buy a majority stake in the Indian business of Sweden's Medicover for at least $1 billion, a source with direct knowledge of the matter said, a deal that would expand its healthcare bet in the world's most populous nation.
KKR 
BE Semiconductor Raises Long-Term Revenue, Profitability Targets on AI Boost
BE Semiconductor Industries raised its long-term revenue and profitability targets, citing increased demand for AI-related products.
BESIY 
UniCredit seeking to double stake in Generali through Delfin, daily Il Sole 24 Ore reports
Italy's second-largest bank UniCredit has sounded out the Del Vecchio family holding company, Delfin, to more than double its stake in insurer Generali to just under 20%, daily Il Sole 24 Ore reported on Thursday.
ARZGF 
Coca-Cola: There's Still Some Upside Despite Emerging Technical Caution
The Coca-Cola Company demonstrates resilience amid inflation and macro volatility, supported by a robust product portfolio and asset-light business model. KO delivered double-digit revenue growth in Q1 2026 and expanded operating margins, with pricing flexibility and global market segmentation key to performance. Valuation is reasonable, with KO trading at 25.25x P/E and target prices ranging from $80.43 to $91.26, supporting a buy rating.
KO 
XRP buyers are back, but shorts are piling up fast – What does this mean for traders?
Record perp selling and leverage might make the next move risky.
Nikkei tops 71,000 as Asian markets shrug off US-Iran deal risks
Asian markets were broadly steady on Thursday as investors looked past the formal signing of a US-Iran interim peace agreement and focused instead on what comes next for oil, rates and risk appetite. The deal extends an April ceasefire by 60 days and aims to create room for a final truce, but it has not removed the political risk around enforcement.
AAAU 
Hyperliquid Targets Prediction Market Duopoly With HIP-4 Unified Trading Model
Hyperliquid is moving to challenge the prediction-market duopoly with a new product design that could reshape how traders hedge event risk on-chain—and potentially open a fresh growth path for its token, Hyperliquid (HYPE). In a recent report, Alea Research said Hyperliquid's latest proposal, ‘HIP-4,' brings binary ‘outcome contracts' (yes/no markets) directly onto its native Layer-1 central limit order book (CLOB), while sharing ‘cross-margin' with the platform's flagship perpetual futures.
Bitcoin Establishes Floor In $60K–$70K Range, Technical Analyst Says
A technical analyst says Bitcoin's $60,000–$70,000 trading band is becoming a meaningful floor, but confirmation still depends on reclaiming momentum.
Bitcoin Coinbase Premium Deepens Discount as Institutional Volume Rises
The ‘Coinbase premium' on Bitcoin (BTC) widened to a deeper discount this week, signaling softer spot buying appetite from U.S.-based traders even as institutional activity on Coinbase's prime brokerage platform accelerated. Data from CryptoQuant showed that on Wednesday, June 18 UTC, netflow for BTC on Coinbase Advanced—often used as a proxy for higher ‘institutional participation' relative to retail-heavy venues—stood at -267 BTC, indicating a net outflow from the exchange.
XRP slips 4% below $1.20 after breakout rally stalls near key resistance
Heavy selling pushed XRP back through a closely watched support level, though buyers stepped in above $1.17 to prevent a deeper pullback.
