Stock Market & Financial News
Gold Update: XAU/USD slides after hawkish Fed signals
The trading week continues, and so far, gold is once again showing clear short-term weakness. During the session, the price i.
Binance XRP CVD Flags Persistent Selling Pressure as Price Holds Near $1.18
XRP CVD hits -4.56M as sell orders dominate, with price holding near $1.18 amid weak buying momentum.
Trader Garrett Jin Dumps $13.5M in HYPE, Holds $83M BTC and $25M ZEC Longs
A wallet tied to former Bitforex chief Garrett Jin has sold its entire 184,102 HYPE stake, worth about $13.55 million, for a $2.83 million profit, then rotated into a long position on Uniswap's UNI.
QCP warns Strategy may sell more Bitcoin to fund dividends
Strategy has returned to the spotlight after QCP estimated its current liquidity runway for dividend payments at about seven and a half months.
Michael Dell Overtakes Larry Ellison As World's Fifth-Richest Person Amid Dell Stock Surge
This is a developing story. Check back for updates.
DELL 
Expeditors International of Washington, Inc. (EXPD) Discusses U.S. Customs Market Update With Focus on Current Tariff Updates and Trade Actions Transcript
Expeditors International of Washington, Inc. (EXPD) Discusses U.S. Customs Market Update With Focus on Current Tariff Updates and Trade Actions Transcript
EXPD 
We Did the Math on Why the iPhone 18 Pro Could Cost $1,299
The memory-chip crunch is pushing up prices for all electronics. Even Apple, which dominates the supply chain, isn't spared.
AAPL 
Bitcoin bottom? BTC builds massive support wall amid ‘one of the largest transfers ever'
Has Bitcoin found a bottom strong enough to withstand the bears?
Apple to Raise Prices Due to Memory Chip Crunch, Tim Cook Says
The CEO tells the Journal in an exclusive interview that soaring costs make price increases “unavoidable.”
AAPL 
Morgan Stanley A Vs. E Preferred Shares: Ratings Remain Unchanged
Morgan Stanley preferreds MS.PR.A and MS.PR.E offer distinct risk-reward profiles amid changing rate environments and call risk. While the economic world has shifted since my last review, adding uncertainty to where interest rates are going, my ratings for both remain unchanged. MS.PR.A keeps it Sell rating due to risk of price drop if the coupon falls to the 4% floor, potentially reducing yield and capital value.
MGHL 
Despite Uncertainties the U.S. Economy Powers On
Despite global geopolitical uncertainties and the ongoing conflict in the Middle East, the U.S. economy is showing signs of accelerating growth in the second quarter after a relatively soft start to the year. As often happens, stock market volatility is creating a lot of unease that masks the positive fundamentals.
CI 
Why First-Mover Advantage Matters for the Best Active ETFs
The ETF industry has been growing for decades, but its spike, and the spike of active ETFs particularly in recent years, is hard to overstate. 2026 has seen continued record-setting pace for ETFs, with active ETFs contributing 80% of launches YTD as of May.
FDG 
How Electricity Trends Could Favor Uranium Miners
With disruptions in the oil sector continuing to stretch into the summer, nuclear energy is mounting an increasingly compelling use case. It is one of a few reasons why now may be a good time to increase your portfolio's uranium exposure.
URNM 
SpaceX's Market Cap Surge Makes the $60 Billion Cursor Acquisition Look Nearly Free
On a recent Diet TBPN segment, John Coogan and callers Quinn Thompson and Nick Carter spent a chunk of the show trying to make sense of what happened to SpaceX's (NASDAQ:SPCX) after-hours quote and what it meant for a deal most retail investors had never heard of.
SPCX 
New Fed Era Begins: Bitcoin Drops as Warsh Emphasizes Price Stability
The Federal Open Market Committee maintained the federal funds rate target range between 3.5% and 3.75%. The year-end median interest rate projection rose to 3.8%, eliminating the expectation of rate cuts. The price of the benchmark cryptocurrency dropped to the $65,300 zone following the official announcement.
Bitcoin layer-2s confront harsh reality as Botanix shuts down Spiderchain after just one year
The shutdown highlights challenges in sustaining Bitcoin layer-2 networks amid low demand, impacting investor confidence and future innovation. Bitcoin layer-2s confront harsh reality as Botanix shuts down Spiderchain after just one year.
Amazon Exec Predicts Commercial Quantum Computers Could Launch in 2031
Amazon artificial intelligence executive Peter DeSantis reportedly said Wednesday (June 17) that the first “commercially useful small-scale” quantum computers will appear five to seven years from now.
QMCO 
Talen Energy: A Lower-Risk AI Trade
Talen Energy Corporation is rated a Buy, positioned to benefit from surging electricity demand driven by AI data center expansion. TLN's aggressive commercial strategy, with shorter hedging windows, enables it to capture rising load prices more effectively than peers. EBITDA is expected to double and adjusted net income to rise over 139% in 2026, with further EPS growth of 20%+ in 2027-2028.
TLN 
Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
Despite markets hitting all-time highs, Americans are still quite pessimistic about the state of the economy. The University of Michigan Index of Consumer Sentiment, one of the most commonly cited surveys, reached a record low of 44.8 in May.
FUN 
Nvidia Returns To The Bond Market With A $25 Billion Sale
Bankers have a phrase for a company that borrows when it does not obviously need to: filling the barn before the storm. On June 15, Nvidia did exactly that.
NVDA 
Outperforming Dow Stock Could See More Gains
Shares of Caterpillar (CAT) are 2.1% higher to trade at $966.24, earlier touching a record high of $970.99, now heading for a fifth-straight win. CAT has been a long-term outperformer on the charts, with reliable support stemming from the 80-day moving average.
DOW 
Demolition of Macy's iconic 60-year-old ‘shopping bag' billboard in NYC's Herald Square gets delayed
“We are in discussions with Macy's, no question about it,” said Ed Hart, chief executive of Kaufman Organization, which owns the building on which the four-story Macy's billboard has been perched for more than 60 years.
M 
Hylo targets leveraged equities as Solana's next breakout market with V2 launch
Hylo's V2 launch could redefine Solana's DeFi landscape, but regulatory challenges and technical hurdles may impact its broader adoption. Hylo targets leveraged equities as Solana's next breakout market with V2 launch.
After unveiling ridiculously expensive AR glasses, Snap's stock takes a dive
Snap's long-awaited AR glasses, Specs, didn't have the best debut.
SNAP 
TSMC: Why Premium Multiples Don't Matter For The King Of Foundries
Taiwan Semiconductor (TSM) remains the industry leader, delivering exceptional revenue and EPS growth, underpinned by dominant market share in advanced chip manufacturing. TSM consistently outpaces consensus expectations, with FY2026 revenue now forecast at $163.8B — a 27.5% increase from prior estimates — driven by surging AI and data center demand. Despite elevated valuation multiples, TSM's robust free cash flow, margin expansion, and $106B cash position justify a continued bullish rating.
TSM 
Bitcoin and Ethereum Derivatives See $1.7B Binance Open Interest Reset
BTC and ETH open interest on Binance swung a combined $1.7B in under 48 hours across derivatives.
Microsoft Just Became Irresistibly Attractive, But Only Because The Bears Were Right
Microsoft is a Strong Buy, driven by April's renegotiation of its OpenAI arrangement, which caps liabilities and enhances free cash flow prospects. The revised OpenAI deal removes exclusivity and caps revenue share, allowing MSFT to redirect CapEx from short-lived GPU assets to higher-return investments. Q3 FY2026 showed robust fundamentals: 18% revenue growth, 23% GAAP EPS growth, and Azure up 40%, but CapEx guidance rose to $190B, pressuring free cash flow.
MSFT 
Wall Street Is Doing to GPUs What It Did to Mortgages Before 2008
Simon White, Bloomberg macro strategist, has been making rounds with a thesis that should rattle anyone who lived through 2008.
CRWV 
Snowflake faces intensifying competition from Databricks, but Jefferies sees room for both
Snowflake Inc (NYSE:SNOW) remains well-positioned despite intensifying competition from Databricks, with Jefferies analysts writing that both companies are benefiting from growing enterprise demand for data and artificial intelligence infrastructure and have room to expand. Jefferies noted that Databricks' annualized revenue run rate is on track to exceed $6.9 billion in the first half of fiscal 2027, representing about 65% year-over-year growth in its core business and roughly 80% growth including large language model monetization.
SNOW 
Cardano Reaches Key Milestone on Path to the Dijkstra Era and Leios Upgrade
The governance action to initiate the van Rossem hard fork has already been formally submitted on the Cardano mainnet. The Plutus Cost Model update was ratified on June 13, and its enactment is scheduled for June 18, 2026, at 21:45 UTC.
