News Archive

June 12, 2026Connected

497 storiesLast updated: 9:06:23 AMPage 3 of 9

Commodities

CommoditiesBullish

Canada Oil Outages Set to Tighten U.S. Cushing Crude Inventories

Key Facts

•Power outages at a major oil sands producer and wet weather in Western Canada have tightened crude export supplies.

Impact:

5/10

4 months ago

Stocks

StocksBullish

Service Corporation International Boosts Share Buyback Authorization to $600M

Key Facts

•Service Corporation International's Board of Directors increased the authorized share repurchase level by approximately $472 million.
•The total current share repurchase authority now stands at $600 million, including remaining authority from the previous program.

Impact:

5/10

SCI

4 months ago

Crypto

CryptoBullish

Cardano Nears US Spot ETF Eligibility as CME Futures Mature

Key Facts

•CME ADA futures are approaching a six-month threshold, a key requirement under the SEC's framework for spot ETF eligibility.

Impact:

5/10

ADA BTC ETH SOL

4 months ago

Macro Economy

Macro EconomyBearish

US Social Security Insolvency Moved to 2032 as Fiscal Pressures Mount

Key Facts

•Social Security trustees revised the trust fund exhaustion date to Q4 2032, one year earlier than the previous 2033 projection.
•The change is attributed to declining fertility rates, immigration trends, and tax reductions from the 2025 One Big Beautiful Bill Act (OBBBA).
•If the fund is exhausted, beneficiaries face a projected 22% uniform cut in payouts unless Congress intervenes.

Impact:

5/10

4 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBullish

Adyen Acquires Orb to Strengthen AI-Driven Usage-Based Pricing

Key Facts

•Adyen entered into a definitive agreement to acquire Orb through a reverse triangular merger.
•The acquisition aims to enhance Adyen's offerings for companies with usage-based pricing models, particularly in the AI sector.
•Orb will be managed as a wholly owned subsidiary of Adyen under an incubator model.

Impact:

5/10

ADYEY ADYYF

4 months ago

General

GeneralMixed

CFTC Proposes Ban on War and Political Assassination Bets in Prediction Markets

Key Facts

•The CFTC unveiled a proposed framework for prediction markets that would prohibit contracts tied to terrorism, war, and political assassinations.
•The proposal aims to narrow the interpretation of 'gaming' to allow most responsible sports event contracts to remain permissible.

Impact:

5/10

4 months ago

Forex

ForexBearish

Oil Prices Plunge and Dollar Weakens on Hopes for US-Iran Diplomatic Breakthrough

Key Facts

•Brent crude prices plunged from above $95 to below $86 per barrel.
•The US Dollar is under broad-based pressure as safe-haven demand unwinds.

Impact:

5/10

4 months ago

June 12, 2026Connected

497 storiesLast updated: 9:06:23 AMPage 3 of 9

Commodities

CommoditiesBullish

Canada Oil Outages Set to Tighten U.S. Cushing Crude Inventories

Key Facts

•Power outages at a major oil sands producer and wet weather in Western Canada have tightened crude export supplies.

Impact:

5/10

4 months ago

Stocks

StocksBullish

Service Corporation International Boosts Share Buyback Authorization to $600M

Key Facts

•Service Corporation International's Board of Directors increased the authorized share repurchase level by approximately $472 million.
•The total current share repurchase authority now stands at $600 million, including remaining authority from the previous program.

Impact:

5/10

SCI

4 months ago

Crypto

CryptoBullish

Cardano Nears US Spot ETF Eligibility as CME Futures Mature

Key Facts

•CME ADA futures are approaching a six-month threshold, a key requirement under the SEC's framework for spot ETF eligibility.

Impact:

5/10

ADA BTC ETH SOL

4 months ago

Macro Economy

Macro EconomyBearish

US Social Security Insolvency Moved to 2032 as Fiscal Pressures Mount

Key Facts

•Social Security trustees revised the trust fund exhaustion date to Q4 2032, one year earlier than the previous 2033 projection.
•The change is attributed to declining fertility rates, immigration trends, and tax reductions from the 2025 One Big Beautiful Bill Act (OBBBA).
•If the fund is exhausted, beneficiaries face a projected 22% uniform cut in payouts unless Congress intervenes.

Impact:

5/10

4 months ago

Mergers & Acquisitions

Mergers & AcquisitionsBullish

Adyen Acquires Orb to Strengthen AI-Driven Usage-Based Pricing

Key Facts

•Adyen entered into a definitive agreement to acquire Orb through a reverse triangular merger.
•The acquisition aims to enhance Adyen's offerings for companies with usage-based pricing models, particularly in the AI sector.
•Orb will be managed as a wholly owned subsidiary of Adyen under an incubator model.

Impact:

5/10

ADYEY ADYYF

4 months ago

General

GeneralMixed

CFTC Proposes Ban on War and Political Assassination Bets in Prediction Markets

Key Facts

•The CFTC unveiled a proposed framework for prediction markets that would prohibit contracts tied to terrorism, war, and political assassinations.
•The proposal aims to narrow the interpretation of 'gaming' to allow most responsible sports event contracts to remain permissible.

Impact:

5/10

4 months ago

Forex

ForexBearish

Oil Prices Plunge and Dollar Weakens on Hopes for US-Iran Diplomatic Breakthrough

Key Facts

•Brent crude prices plunged from above $95 to below $86 per barrel.
•The US Dollar is under broad-based pressure as safe-haven demand unwinds.

Impact:

5/10

4 months ago

CommoditiesBullish

Gold and Silver Prices Surge Amid Rising U.S.-Iran Geopolitical Tensions

Key Facts

•Spot gold and silver prices rose sharply on Thursday driven by safe-haven demand linked to U.S.-Iran geopolitical risks.

Impact:

5/10

4 months ago

CommoditiesBearish

Oil Prices Slide on Hopes for Iran-US Diplomatic Breakthrough

Key Facts

•Crude oil prices extended losses following comments from a Pakistan official regarding a potential peace deal with Iran.

Impact:

5/10

4 months ago

CommoditiesBullish

Venture Global Doubles LNG Supply to Greece to Bolster European Energy Security

Key Facts

•Venture Global and Greece's Atlantic-SEE LNG announced the doubling of volumes under their long-term supply agreement starting from 2030.

Impact:

5/10

4 months ago

CommoditiesBullish

Kuwait Adopts 'Dark Mode' for LPG Tankers in Hormuz Amid Rising Geopolitical Risks

Key Facts

•Kuwait Petroleum Corporation has begun using 'dark mode' tactics by switching off AIS transponders for LPG carriers transiting the Strait of Hormuz.
•Tanker traffic through the Strait of Hormuz has collapsed by 90% to 95% compared to pre-war levels.

Impact:

5/10

4 months ago

CommoditiesBearishUpdated

Oil Stays Below $100 Despite Record Supply Disruption from Hormuz Closure

Key Facts

•Traders and shippers report that lost Gulf oil exports are significantly smaller than previously estimated since Iran's announcement of the Strait of Hormuz closure.

Impact:

5/10

4 months ago

CommoditiesBullish

CME Group Launches New 24-Hour Oil and Gold Trading Contracts

Key Facts

•CME Group announced the launch of new oil and gold contracts available for 24-hour trading.

Impact:

5/10

0HR2.L

4 months ago

CommoditiesBullish

Gold Prices Rise as Markets Weigh US-Iran Geopolitical Tensions

Key Facts

•TSX futures pointed higher supported by a rise in gold prices.
•Nasdaq futures rebounded despite threats from Trump regarding strikes on Iranian oil assets.

Impact:

5/10

4 months ago

CommoditiesBullish

Copper Markets Brace for Looming US Import Tariff Decision

Key Facts

•The US Commerce Secretary is due to deliver a recommendation on copper tariffs to President Donald Trump by 30 June.
•The COMEX-LME spread has widened to around $400/t, indicating the market is pricing in meaningful tariff risk.

Impact:

5/10

4 months ago

StocksBearish

Wells Fargo Subpoenaed by DOJ Over Politically Motivated Account Closures

Key Facts

•The U.S. Justice Department has subpoenaed Wells Fargo regarding alleged politically motivated account closures.

Impact:

5/10

WFC

4 months ago

StocksMixed

Alibaba Eyes $1.5B Acquisition of Pupu to Boost Grocery Market Share

Key Facts

•Alibaba is planning to acquire Chinese grocer Pupu in a deal valued at approximately $1.5 billion.

Impact:

5/10

BABA 9988.HK

4 months ago

StocksBullish

Arlo Technologies Beats Q1 Estimates, Pivots to Senior Care Market

Key Facts

•Arlo posted Q1 revenue of $150.4M, up 26% year-over-year, surpassing Wall Street expectations.
•Paid subscribers exceeded 6 million with a churn rate of just 1.0%.
•The company strategically expanded into the senior care sector via the Aloe Care acquisition.

Impact:

5/10

ARLO

4 months ago

StocksBullish

Ulta Beauty Shares Rise on 5.3% Comp Sales Growth and Reaffirmed 2026 Outlook

Key Facts

•Ulta Beauty reported 5.3% comparable sales growth in Q1, driven by broad momentum and strength in the fragrance category.
•The company reaffirmed its fiscal 2026 financial guidance supported by gains across multiple product categories.

Impact:

5/10

ULTA

4 months ago

StocksBullish

Ascendis Pharma Stock Rises on Positive 5-Year Hypoparathyroidism Data

Key Facts

•Ascendis Pharma stock rose following the release of impressive 5-year Phase 2 data for its hypoparathyroidism drug.

Impact:

5/10

ASND

4 months ago

StocksBullish

Baidu Apollo Go Secures Level 4 Autonomous Driving Permit in Switzerland

Key Facts

•Baidu's AmiGo service, in partnership with PostBus, received a Level 4 autonomous operations permit from Switzerland's FEDRO.

Impact:

5/10

9888.HK BIDU

4 months ago

StocksBullishUpdated

Aeries Swings to Profit in Fiscal 2026 Driven by AI Service Demand

Key Facts

•Aeries achieved positive EPS for fiscal 2026 on the back of rising demand for AI-enabled Global Capability Center (GCC) services.

Impact:

5/10

AERT

4 months ago

StocksBullish

Pfizer Advances Obesity Drug Trials and Expands Hemophilia Treatment Approval

Key Facts

•Pfizer announced Phase 2b data for its monthly GLP-1 obesity candidate berobenatide.
•The company secured expanded FDA approval for its hemophilia treatment HYMPAVZI to include younger patients.

Impact:

5/10

PFE

4 months ago

StocksBearish

Vale's Top Shareholder Pushes for Removal of Board Chairman

Key Facts

•The top shareholder of Brazilian miner Vale is pushing for a meeting to discuss the removal of the company's chairman.

Impact:

5/10

VALE

4 months ago

StocksBullish

Woodside Energy Exercises Pre-emptive Rights to Expand Stake in Browse LNG Project

Key Facts

•Woodside Energy exercised its pre-emptive right to acquire a 10.67% stake in the Browse Joint Venture from PetroChina.
•The move blocks a deal previously agreed upon between PetroChina and Japan's INPEX.

Impact:

5/10

WDS 0857.HK 1605.T

4 months ago

StocksBullish

Nasdaq Announces June 2026 Index Rebalance; Astera Labs to Join Nasdaq-100

Key Facts

•Nasdaq announced the results of the June 2026 quarterly rebalance of the Nasdaq-100 Index.
•Astera Labs, Inc. will be added to the Index as one of five new companies.
•The changes will become effective prior to market open on Monday, June 22, 2026.

Impact:

5/10

NDAQ

4 months ago

StocksMixedUpdated

Enliven Therapeutics Prices $400M Offering to Fund Clinical Trials

Key Facts

•Enliven Therapeutics priced a public offering of 8,933,334 shares at $37.50 per share.
•Gross proceeds are expected to be approximately $400 million, with the closing anticipated around June 15, 2026.
•Joint book-running managers include Goldman Sachs, Morgan Stanley, and Barclays.

Impact:

5/10

0QYU.L BARC.L

4 months ago

StocksBearish

South Korea Trucker Strike Threatens Samsung and SK Hynix Plant Expansions

Key Facts

•Industrial action by South Korean concrete truck drivers threatens to delay construction at major semiconductor plants for Samsung and SK Hynix.

Impact:

5/10

005930.KS 000660.KS

4 months ago

StocksBullish

Dow Jones Surges Over 900 Points in Massive Wall Street Rally

Key Facts

•The Dow Jones Industrial Average surged by more than 900 points in a significant rally for US equities.

Impact:

5/10

DJI

4 months ago

StocksBullish

US-Backed Orion CMC Explores Stake in French Miner Eramet

Key Facts

•Orion CMC is exploring the purchase of the Duval family’s stake in the troubled French mining group Eramet.

Impact:

5/10

4 months ago

StocksBullish

Hooker Furniture Returns to Profit in Q1 Amid Expanding Operating Margins

Key Facts

•Hooker Furniture returned to profit in Q1 with an expansion in operating margins.
•The company noted an uptick in May orders and strong commitments to the Margaritaville brand.

Impact:

5/10

HOFT

4 months ago

StocksBullishUpdated

RH Provides 2027 Outlook Following Q1 Earnings Call Release

Key Facts

•RH reported a quarterly loss of $1.97 per share, narrower than the $2.13 loss per share expected by analysts.
•The company's revenue for the first quarter of 2026 exceeded analyst estimates.

Impact:

5/10

4 months ago

StocksMixed

US Indices Mixed as Adobe Shares Slide Following Q2 Earnings

Key Facts

•The Dow Jones jumped over 150 points, rising 0.33%, while other indices showed mixed performance.
•Adobe shares fell following the company's announcement of its second-quarter financial results.
•Materials sector led gains with a 1% increase, while consumer discretionary fell 0.7%.

Impact:

5/10

ADBE

4 months ago

StocksBearish

BlackRock Private Credit Fund Faces Surge in 13.3% Redemption Requests

Key Facts

•Investors requested to redeem 13.3% of the value of assets in BlackRock's $25 billion private credit fund in Q1.
•Shareholder withdrawal requests will be capped at 5% again despite requests exceeding that limit.

Impact:

5/10

BLK

4 months ago

StocksBullish

Trade Desk Shares Rally Following Legal Settlement with Publicis Groupe

Key Facts

•Trade Desk shares rose following the settlement of a legal dispute with Publicis Groupe.

Impact:

5/10

TTD

4 months ago

StocksBullish

SpaceX Valuation Nears $2 Trillion Milestone Amid Global Space Economy Surge

Key Facts

•SpaceX is breaking orbital launch records as its valuation approaches the $2 trillion threshold.
•Investors are betting heavily on the space economy amid rising competition with China to develop International Space Station replacements.

Impact:

5/10

SPCX

4 months ago

StocksBearish

Stellantis Recalls 1 Million Jeeps Over Fire Risk; Owners Advised to Park Outside

Key Facts

•Stellantis has expanded its Jeep recall campaign to include one million vehicles due to potential fire risks.
•The automaker advised owners to park their vehicles outside and away from structures as a precautionary measure.

Impact:

5/10

STLA.PA

4 months ago

StocksBullishUpdated

Historic SpaceX IPO Triggers Rally in Asian Space Sector Stocks

Key Facts

•The historic SpaceX IPO triggered a rally in Asian space sector stocks.

Impact:

5/10

SPCX

4 months ago

StocksMixed

GoHealth Files for Bankruptcy as Carlyle and Second Nature Close Key Acquisitions

Key Facts

•GoHealth has initiated Chapter 11 restructuring proceedings with full support from its lenders.
•Carlyle Group acquired Chung Ho Group, and Second Nature Brands acquired Tillamook Country Smoker.

Impact:

5/10

4 months ago

StocksBullishUpdated

Blaize Targets $130M Revenue by 2026 with Edge AI Strategy and Nokia Partnership

Key Facts

•Blaize forecasts $130 million in revenue by 2026, focusing on AI processing outside traditional data centers.
•The company highlighted a strategic partnership with Nokia to enhance edge AI solutions.

Impact:

5/10

BZAI NOKIA.PA

4 months ago

StocksBullish

KKR Acquires Majority Stake in Crowe in $3 Billion Deal

Key Facts

•Accounting and consulting firm Crowe sold a majority stake to KKR in a deal valuing the firm at nearly $3 billion.

Impact:

5/10

KKR

4 months ago

CryptoNeutralUpdated

Circle Transfers Record $4B USDC to Coinbase in Massive Liquidity Shift

Key Facts

•Circle transferred $4 billion worth of USDC stablecoin to Coinbase, marking the largest single transaction of its kind.

Impact:

5/10

USDC

4 months ago

CryptoBullish

LG Electronics Partners with Arbitrum for Blockchain-Based Ad Platform

Key Facts

•LG Electronics announced the development of a custom Layer 2 blockchain network in collaboration with Arbitrum.
•The initiative aims to automate programmatic advertising markets and mitigate ad fraud globally.

Impact:

5/10

4 months ago

CryptoBullish

Avalanche Integrates SpaceX and 350+ US Stocks via Dinari Tokenization

Key Facts

•Avalanche expanded its real-world asset ecosystem by adding over 350 tokenized shares and ETFs via Dinari.

Impact:

5/10

AVAX ETH SPCX

4 months ago

CryptoBearish

Avalanche Treasury Shares Slump 16% in Nasdaq Trading Debut

Key Facts

•Avalanche Treasury shares began trading on Nasdaq under the ticker AVAT following a $675 million merger.
•The stock fell between 16% and 38% on its debut as the AVAX token trades near five-year lows.
•The company holds approximately 15 million AVAX tokens and plans to acquire over $1 billion worth over time.

Impact:

5/10

AVAT AVAX

4 months ago

CryptoBullishUpdated

Crypto Prices Rally as Trump Geopolitical Comments Offset $2.5B Options Expiry

Key Facts

•Bitcoin, Ethereum, and XRP prices rose following Donald Trump's comments regarding a potential peace agreement with Iran.
•The crypto market is facing the expiration of approximately $2.5 billion worth of options today.

Impact:

5/10

BTC ETH XRP

4 months ago

CryptoBullishUpdated×2

Bitcoin Reclaims $64,000 Level on SpaceX IPO Buzz and Geopolitical Optimism

Key Facts

•Bitcoin price reached $64,000 driven by the SpaceX IPO launch and growing hopes for a US-Iran peace deal.
•Traders warned that key Bitcoin price support levels could crumble despite the recent 3% recovery.

Impact:

5/10

BTC SPCX

4 months ago

CryptoBullishUpdated×2

Standard Chartered: Bitcoin Bottoms at $59K as Crypto Winter Ends

Key Facts

•Standard Chartered analyst Geoffrey Kendrick stated that $59,000 marks the price bottom for Bitcoin and the end of the recent selloff.
•The analyst identified recovery catalysts in ETF flows, corporate buys, and potential geopolitical developments.
•The report noted that stabilizing oil prices and a potential U.S.-Iran peace deal could support risk-on assets.

Impact:

5/10

0A7O.L BTC

4 months ago

CryptoBullish

Kalshi Launches First Regulated Hyperliquid (HYPE) Perpetual Futures in the US

Key Facts

•Kalshi has officially launched Hyperliquid (HYPE) perpetual futures trading in the United States.
•The new product launch follows approval from the US Commodity Futures Trading Commission (CFTC).

Impact:

5/10

4 months ago

CryptoBearish

Seychelles Court Orders KuCoin to Pay $2M to Swiss Investor Over Delisted Tokens

Key Facts

•A Seychelles court ruled against KuCoin, awarding over $2 million to a Swiss investor in a dispute over delisted tokens.
•The court ruled that the exchange cannot treat unwithdrawn tokens as abandoned, and the investor claims the award remains unpaid.

Impact:

5/10

4 months ago

CryptoBullish

Crypto Exchanges Launch US Stock Trading to Challenge Traditional Brokerages

Key Facts

•Binance launched direct access to more than 7,000 US stocks and ETFs.
•Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps.

Impact:

5/10

HOOD

4 months ago

CryptoBullish

Exodus Launches Tokenized Stock Trading on Solana via Ondo Finance

Key Facts

•Exodus Markets launched access to over 200 tokenized stocks and ETFs directly through self-custody wallets.
•The platform is powered by Ondo Finance and operates on the Solana blockchain to bridge traditional assets with crypto.

Impact:

5/10

SOL

4 months ago

Macro EconomyBullishUpdated

US Consumer Sentiment Rebounds in June as Gasoline Prices Ease

Key Facts

•The University of Michigan's US consumer sentiment index rose to 48.9 in the initial June reading from 44.8 in May.
•The improvement in sentiment was driven by easing gasoline prices, providing relief to households across various demographics.

Impact:

5/10

4 months ago

Macro EconomyBullish

Turkey Current Account Deficit Narrows in April as Capital Inflows Surge

Key Facts

•Turkey's current account deficit broke its upward trend in April, supported by a marked improvement in the capital account.
•Capital account improvements helped lift official central bank reserves during the period.

Impact:

5/10

4 months ago

Mergers & AcquisitionsBullish

Medtronic Completes $550M Acquisition of Scientia Vascular to Boost Neurovascular Portfolio

Key Facts

•Medtronic completed the acquisition of medical device company Scientia Vascular for $550 million.

Impact:

5/10

MDT

4 months ago

Mergers & AcquisitionsBullish

Blockworks Acquires Messari to Consolidate Crypto Intelligence Market

Key Facts

•Blockworks announced the acquisition of crypto market intelligence firm Messari, merging two of the industry's largest information businesses.
•The acquisition follows Blockworks' recent Series A extension which valued the company at $192 million.

Impact:

5/10

4 months ago

Mergers & AcquisitionsBullish

Western Midstream Closes $1.6 Billion Brazos Delaware Acquisition

Key Facts

•Western Midstream Partners closed the acquisition of Brazos Delaware II, LLC for approximately $1.6 billion.
•The transaction consideration consisted of approximately $800 million in cash and $800 million in WES common units.

Impact:

5/10

WES

4 months ago

Mergers & AcquisitionsBullish

TMX Group to Acquire RAFI Indices for $490 Million to Scale Global Index Business

Key Facts

•TMX Group announced an agreement to acquire RAFI Indices from Research Affiliates for $490 million in total consideration.

Impact:

5/10

4 months ago

Mergers & AcquisitionsBullish

Aedifica Shareholders Approve Cofinimmo Merger in Major European Real Estate Consolidation

Key Facts

•Aedifica shareholders approved the merger by absorption of Cofinimmo during the Extraordinary General Meeting.

Impact:

5/10

4 months ago

Mergers & AcquisitionsBullish

SL Science Lists on Nasdaq Following Horizon Space Merger Completion

Key Facts

•SL BIO Ltd. completed its business combination with Horizon Space Acquisition II and commenced trading under the ticker SLBT.
•The merger provides strategic capital to advance Gamma delta T cell-based therapies for pancreatic and brain cancers.

Impact:

5/10

SLBT

4 months ago