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News Archive

June 12, 2026Connected
497 storiesLast updated: 9:06:23 AMPage 8 of 9

Crypto

CryptoNeutral

Sam Bankman-Fried Loses Appeal; U.S. Court Upholds FTX Fraud Conviction

Key Facts

  • •A U.S. appeals court panel rejected Sam Bankman-Fried's bid to overturn his criminal conviction for fraud and conspiracy.
  • •The judicial panel was not persuaded by arguments that the original trial was unfair.
Impact:
4/10
4 months ago

Mergers & Acquisitions

Mergers & AcquisitionsNeutral

TMX Group Discusses RAFI Indices Acquisition in Investor Conference Call

Key Facts

  • •TMX Group held an investor conference call to discuss the details of its acquisition of RAFI Indices.
Impact:
4/10
X.TO
4 months ago

Stocks

StocksBullish

Nasdaq AI Infrastructure Stocks Rebound Following Tech Sector Selloff

Key Facts

  • •The Nasdaq rebounded after a selloff that impacted AI infrastructure companies with strong fundamentals.
  • •McKinsey estimates that AI data center spending could total $5.2T by 2030.
Impact:
4/10
4 months ago

Commodities

CommoditiesNeutral

India Accuses West of Double Standards, Reveals U.S. Request to Buy Russian Oil

Key Facts

  • •Indian Foreign Minister S Jaishankar accused Western nations of double standards regarding the on-and-off sanctions on Russian oil based on their own interests.
  • •Jaishankar stated that the U.S. specifically asked India to buy Russian oil in 2022 to help stabilize the global oil market.
  • •Indian refiners have secured crude supply through August by boosting purchases from the UAE, Africa, and Brazil amid the current supply crisis.
Impact:
4/10
4 months ago

Macro Economy

Macro EconomyNeutral

US DOE Declares Southeast Grid Emergency Amid Record Heatwave

Key Facts

  • •The U.S. Department of Energy issued an emergency order under Section 202(c) of the Federal Power Act to mitigate blackout risks in the Carolinas.
  • •The order allows Duke Energy Carolinas and Duke Energy Progress to run generating units at maximum output to meet surging demand from extreme heat.
Impact:
4/10
DUK
4 months ago

Bonds

BondsNeutral

Italy Plans New Inflation-Linked Bond Issuance for Institutional Investors

Key Facts

  • •The Italian Treasury is working on a new inflation-linked bond aimed exclusively at institutional investors like banks, funds, and insurers.
Impact:
4/10
4 months ago

Central Banks

Central BanksNeutralUpdated×2

Post-Powell Fed: Clarida Downplays Communication Blackout Risks Under Warsh

Key Facts

  • •Former Fed Vice Chair Richard Clarida stated that a total communications blackout is unlikely due to First Amendment considerations.
Impact:
4/10
4 months ago
497 stories this day
CryptoBullish

Canton Network Secures $355M Led by a16z to Scale Institutional Blockchain

Key Facts

  • •Digital Asset raised $355M led by a16z crypto to support the expansion of the institutional Canton Network.
Impact:
4/10
4 months ago
CryptoNeutralUpdated×5

Bitcoin and Ethereum Test Critical Technical Support Ahead of Weekend Trading

Key Facts

  • •Bitcoin is trading at $63,021 and Ethereum at $1,660 as markets test key support, resistance, and 200-day moving average levels.
Impact:
4/10
BTCETH
4 months ago
CryptoNeutral

Appeals Court Upholds Sam Bankman-Fried’s Conviction and 25-Year Sentence

Key Facts

  • •A federal appeals court denied Sam Bankman-Fried's request for a new trial and upheld his conviction on seven fraud and conspiracy charges.
Impact:
4/10
4 months ago
CryptoBullish

Tom Lee Forecasts $250K Ethereum, Calls Market Pullback a 'Bloodbath' Buying Opportunity

Key Facts

  • •Analyst Tom Lee described the Ethereum pullback as a 'bloodbath buying opportunity' for investors.
  • •Tom Lee predicts Ethereum could reach $250,000 over the long term driven by multiple catalysts.
Impact:
4/10
ETHBTC
4 months ago
CryptoNeutral

Gensler Rejects CFTC Authority Over Sports Prediction Markets

Key Facts

  • •Former SEC Chair Gary Gensler rejected the CFTC's claim of jurisdiction over prediction markets, specifically regarding sports betting.
Impact:
4/10
4 months ago
CryptoMixedUpdated×6

Bitcoin ETFs Break Outflow Streak with $85.85M Fresh Inflows

Key Facts

  • •Bitcoin ETFs recorded a fifth straight day of outflows at $19 million, marking a significant narrowing in the scale of redemptions.
  • •Major financial institutions including BlackRock and Morgan Stanley engaged in buying activity despite the broader outflow trend.
Impact:
4/10
BLKBTC
4 months ago
CryptoBullish

Crypto Industry Pivots to Ripple Strategy of Banking Integration

Key Facts

  • •The crypto industry is increasingly seeking partnerships with traditional banking institutions, following the Ripple (XRP) playbook.
Impact:
4/10
XRP
4 months ago
CryptoBullish

Bybit Lists SPCXX Token Providing Exposure to SpaceX Equity

Key Facts

  • •Bybit has listed SPCXX, a tokenized representation linked to SpaceX stock, on its spot trading platform.
Impact:
4/10
SPCX
4 months ago
CryptoBullishUpdated

SEC Proposal to Scrap NMS Rules May Unlock Tokenized US Stock Trading

Key Facts

  • •Galaxy analysts stated that the SEC's proposal to scrap National Market System (NMS) rules would remove barriers for trading tokenized stocks.
Impact:
4/10
4 months ago
CryptoBullish

Japan's Remixpoint Expands Crypto Treasury with Strategic XRP Focus

Key Facts

  • •Japanese firm Remixpoint is expanding its cryptocurrency treasury strategy, with XRP emerging as a significant holding.
Impact:
4/10
XRPBTCSOLDOGE
4 months ago
CryptoBullish

Bitcoin Reclaims $64k, Defying Galaxy Digital’s Bearish Market Outlook

Key Facts

  • •Bitcoin price climbed above $64,000 on June 12, driven by improving market sentiment and bullish technical signals.
Impact:
4/10
BTCETH
4 months ago
CryptoBullish

Whale Moves $16.6M Into Hyperliquid to Long SPCX Token

Key Facts

  • •A mysterious trader deposited $16.6 million in USDC into Hyperliquid to open a long position on SPCX.
Impact:
4/10
4 months ago
CryptoNeutralUpdated

Ripple CEO Slams JPMorgan's Dimon Over U.S. Crypto Legislation

Key Facts

  • •Ripple CEO Brad Garlinghouse criticized JPMorgan CEO Jamie Dimon over his opposition to the CLARITY Act crypto legislation.
  • •Garlinghouse accused Dimon of biased protection of banking profits over digital innovation.
Impact:
4/10
0Q1F.LXRP
4 months ago
CryptoNeutralUpdated

IBIT Traders Pivot to Option Strategies as Bitcoin Slumps 29% YTD

Key Facts

  • •Bitcoin has recorded a 29.3% year-to-date decline, trading at approximately $61,798 per coin.
Impact:
4/10
IBITBTC
4 months ago
CryptoBearishUpdated×8

Bitcoin Erases Gains Falling Below $64,000 as Whale Data Signals Weakening Support

Key Facts

  • •Bitcoin miner profit margins have fallen below 5%, signaling a state of economic capitulation.
Impact:
4/10
BTC
4 months ago
CryptoBullish

Kraken Integrates USDCx on Canton Network for Institutional Infrastructure

Key Facts

  • •Kraken has enabled deposits and withdrawals for USDCx on the Canton network.
Impact:
4/10
4 months ago
CryptoBullishUpdated

Record Bitcoin Accumulation by Long-Term Holders as Altcoins Show Relative Strength

Key Facts

  • •Long-term Bitcoin holders now control a record high of over 16.5 million BTC.
  • •Ethereum, XRP, Solana, and Chainlink are showing stronger relative strength within the current market structure.
Impact:
4/10
BTCETHSOLXRPLINK
4 months ago
StocksBearish

Military Metals Appeals Slovakian Antimony Exploration License Revocation

Key Facts

  • •Military Metals formally appealed to the Slovak Ministry of Environment against the revocation of its exploration license for the Trojarova Project.
Impact:
4/10
4 months ago
StocksBullish

One Stop Systems Enters Growth Phase Driven by Defense and Edge AI Contracts

Key Facts

  • •One Stop Systems posted Q1 revenue growth of 55% YoY with a gross margin of 51.6%.
  • •Bookings surged to nearly $15 million in Q1, supporting a 20-25% revenue growth forecast for 2026.
Impact:
4/10
OSS
4 months ago
StocksBullish

WaterBridge Stock Hits Record Highs Following Technical Breakout

Key Facts

  • •WaterBridge stock surged on Friday, reclaiming its latest buy point and hitting new all-time highs.
Impact:
4/10
4 months ago
StocksBullish

Amcor Emerges as Defensive Play Despite Berry Global Acquisition Pressures

Key Facts

  • •Amcor is a global leader in packaging tied to non-discretionary consumer staples and healthcare.
  • •The acquisition of Berry Global has led to short-term GAAP earnings pressure and increased leverage.
Impact:
4/10
AMCR
4 months ago
StocksBullish

Raymond James Reiterates Strong Buy on Dianthus Following Positive Trial Data

Key Facts

  • •Raymond James reiterated a Strong Buy rating for Dianthus Therapeutics with a $125.00 price target.
  • •Phase 3 data for claseprubart showed a 75% responder rate in the first 40 patients.
Impact:
4/10
DNTH
4 months ago
StocksBearishUpdated

Wellington Management Fully Divests Stake in Coterra Energy

Key Facts

  • •Wellington Management Group LLP has fully divested its 53,570,213 shares in Coterra Energy Inc.
  • •The transaction was executed at a price of $32.56 per share.
Impact:
4/10
CTRA
4 months ago
StocksBullishUpdated

Embraer Stock Gains on Robust Jet Demand and Global Defense Spending Surge

Key Facts

  • •Embraer is benefiting from robust air travel demand and an expanding defense segment driven by increased global military spending.
Impact:
4/10
ERJ
4 months ago
StocksBearishUpdated

JBS to Close Pennsylvania Beef Plant Amid Tightening U.S. Cattle Supply

Key Facts

  • •JBS, the world's largest meatpacker, is preparing to close a beef-processing plant in Pennsylvania.
  • •The closure is driven by a cattle shortage in the U.S. that is squeezing meatpacking companies' margins.
Impact:
4/10
JBSAY
4 months ago
StocksBearishUpdated

NYSE American to Delist Perfect Moment Ltd. (PMNT) Over Compliance Issues

Key Facts

  • •NYSE Regulation has determined to commence delisting proceedings for Perfect Moment Ltd. common stock as the company no longer meets listing suitability standards.
Impact:
4/10
PMNT
4 months ago
StocksBullish

CME Group Launches Four New E-mini Futures to Expand Global Equity Market Exposure

Key Facts

  • •CME Group expanded its equity index futures lineup by adding four new E-mini contracts.
Impact:
4/10
0HR2.L
4 months ago
StocksBearish

Park Ha Biological Announces $2.0 Million Registered Direct Offering

Key Facts

  • •Park Ha Biological Technology announced the pricing of a registered direct offering with expected gross proceeds of approximately $2.0 million.
Impact:
4/10
BYAH
4 months ago
StocksBearish

S&P Global Downgrades Dye & Durham Rating on Weak Leverage Metrics

Key Facts

  • •S&P Global downgraded Dye & Durham's credit rating citing weak leverage metrics.
Impact:
4/10
DND
4 months ago
StocksNeutral

NewtekOne Maintains Quarterly Dividend at $0.19 per Share

Key Facts

  • •NewtekOne announced it is maintaining its quarterly dividend at $0.19 per share.
Impact:
4/10
NEWT
4 months ago
StocksMixed

Mixed Results for US Mid-Caps as Markets Await BlackBerry Earnings Report

Key Facts

  • •BlackBerry announced it will report fiscal first quarter 2027 results on June 25, 2026.
  • •Vera Bradley reported first quarter net revenue growth of 7.8% to $55.7 million.
  • •Zedge reported GAAP net income of $0.9 million and a 32% increase in subscription revenue.
Impact:
4/10
BBVRAZDGERHDAKT
4 months ago
StocksBearishUpdated

Boston Scientific and Graco Hit 52-Week Lows on Growth and Earnings Concerns

Key Facts

  • •Boston Scientific stock hit a 52-week low of $47.16, marking a 51% decline over the past year.
  • •Graco Inc stock dropped to $73.48 following Q1 2026 earnings and revenue that missed analyst expectations.
  • •Analysts lowered price targets for Boston Scientific due to concerns regarding the growth slowdown of its Watchman device.
Impact:
4/10
0HOY.LGGG
4 months ago
StocksBullishUpdated

Morgan Stanley Raises eBay Target to $121 Citing AI-Driven Commerce Potential

Key Facts

  • •Morgan Stanley analysts set a price target of $121 for eBay with an Overweight rating.
  • •The price target for Etsy was set at $64 with an Equal-weight rating.
  • •The bank believes both companies are well-positioned for the upcoming shift toward AI-powered agentic commerce.
Impact:
4/10
EBAY0R3D.L
4 months ago
StocksBullishUpdated

Anixa Biosciences Buy Ratings Reiterated Following Cancer Vaccine Trial Success

Key Facts

  • •H.C. Wainwright and Citigroup reiterated 'Buy' ratings for Anixa Biosciences following progress in cancer therapy trials.
  • •The breast cancer vaccine successfully completed Phase 1 trials, meeting all primary goals and proving safety.
  • •The ovarian cancer therapy 'lira-cel' showed positive survival observations in its Phase 1 clinical trial.
Impact:
4/10
TRVC.DE
4 months ago
StocksBullishUpdated

Analysts Reiterate Buy Ratings for Waste Management and EnerSys as Sentiment Holds

Key Facts

  • •Bernstein maintained a 'Buy' rating for Waste Management (WM) with a price target of $260.
  • •TD Cowen reiterated its 'Buy' rating on EnerSys (ENS) and maintained its price target at $265.
Impact:
4/10
WMENS
4 months ago
StocksBearishUpdated

Alphabet Shares Slide on AI Spending Concerns as SpaceX Prepares Nasdaq Debut

Key Facts

  • •Alphabet shares are under pressure as concerns over dilution and increased spending related to a proposed AI-focused equity raise continue to weigh on sentiment.
  • •SpaceX is preparing to begin trading on Nasdaq under the ticker SPCX, drawing investor focus to Destiny Tech100 stock.
Impact:
4/10
GOOGLGOOGDXYZSPCX
4 months ago
StocksBearishUpdated

Google to Appeal German Court Ruling on AI Overviews Liability

Key Facts

  • •Google plans to appeal a German court ruling regarding legal liability for content generated by its AI Overviews feature.
Impact:
4/10
GOOGL
4 months ago
StocksBearishUpdated

Netflix Shares Under Pressure as Citigroup Downgrades to Hold on Growth Concerns

Key Facts

  • •Citigroup adjusted its Netflix analyst rating to 'Hold' on June 12, 2026.
  • •Netflix management expects sales to increase by 13.3% in 2026, the slowest growth rate since 2012 excluding 2022 and 2023.
  • •The ad-supported membership plan has expanded to 250 million users.
Impact:
4/10
NFLXCROKU
4 months ago
StocksMixedUpdated

US Congress to Review California Emissions Rules Following EPA Submission

Key Facts

  • •The US EPA has sent California's strict vehicle emissions rules to Congress, initiating a process that could lead to their potential reversal.
Impact:
4/10
FGMTSLASTLA.PA
4 months ago
StocksBearishUpdated×2

Momentus Shares Plunge Following $25 Million Registered Direct Offering

Key Facts

  • •Momentus announced the pricing of a registered direct offering of its shares for total gross proceeds of $25 million.
Impact:
4/10
MNTS
4 months ago
StocksNeutralUpdated

JAB Holding Exits Keurig Dr Pepper with $3.4 Billion Block Trade

Key Facts

  • •JAB Holding Company sold its entire remaining stake of 59.1 million shares in Keurig Dr Pepper.
  • •The transaction was valued at approximately $3.4 billion and executed as an unregistered block trade by J.P. Morgan.
Impact:
4/10
KDP
4 months ago
StocksBearishUpdated

Robert Reich Slams SpaceX IPO as 'Ponzi Scheme' Over Inflated Valuation

Key Facts

  • •Former U.S. Labor Secretary Robert Reich characterized the SpaceX IPO as the universe's largest Ponzi scheme due to inflated valuation.
Impact:
4/10
SPCX
4 months ago
StocksBullishUpdated

SpaceX IPO Projected to Propel Elon Musk to World's First Trillionaire Status

Key Facts

  • •CNBC's Robert Frank stated that the SpaceX IPO is likely to make Elon Musk the world's first trillionaire.
Impact:
4/10
SPCX
4 months ago
StocksNeutralUpdated

Goldman Sachs Launches Indexed Notes with 150% Upside and Downside Buffer

Key Facts

  • •Goldman Sachs Finance Corp launched new indexed notes maturing in June 2031, guaranteed by The Goldman Sachs Group, Inc.
Impact:
4/10
GS
4 months ago
StocksBullish

Nova Minerals Receives Approval for NYSE American Listing

Key Facts

  • •Nova Minerals received approval to list its common stock and warrants on the NYSE American exchange.
  • •Trading is expected to commence on June 17, 2026, under the symbols NVA and NVAWS.
Impact:
4/10
NVA
4 months ago
StocksMixedUpdated×5

SpaceX Debuts on Nasdaq in Record $75B IPO as Valuation Tops $2 Trillion

Key Facts

  • •SpaceX's market valuation is nearing $2 trillion, driven by intense demand and speculative enthusiasm.
  • •Estimated 2025 revenue stands at $18.7 billion with an adjusted EBITDA of $15 billion.
Impact:
4/10
SPCX
4 months ago
StocksBullish

Barclays Hikes Fortinet Price Target to $155 Amid Growing Cybersecurity Confidence

Key Facts

  • •Barclays increased its price target for Fortinet (FTNT) to $155 from $115.
Impact:
4/10
FTNT
4 months ago
StocksBullishUpdated×2

Lockheed Martin Secures $2.3B F-35 Sustainment Contract

Key Facts

  • •Lockheed Martin was awarded a $514.4 million contract modification for space vehicle production.
Impact:
4/10
LMT
4 months ago
StocksMixed

Parnassus Rebalances: Sells Salesforce Stake, Bets on Edwards Lifesciences and Old Dominion

Key Facts

  • •Parnassus Investments reduced its stake in Salesforce by 30.1%, selling 1,106,930 shares.
  • •The firm increased its investment in Edwards Lifesciences by 23.6%, bringing its total holding value to approximately $50 million.
  • •Parnassus Investments boosted its stake in Old Dominion Freight Line by 116% during the fourth quarter.
Impact:
4/10
CRMEWODFL
4 months ago
StocksNeutral

Intuit Raises $1.75 Billion in Debt Offering to Refinance Existing Obligations

Key Facts

  • •Intuit raised $1.75 billion through a senior unsecured notes offering to refinance existing debt.
Impact:
4/10
INTU
4 months ago
CommoditiesBullishUpdated

CME Group to Launch 24/7 Trading for New Micro Crude Oil and Gold Contracts

Key Facts

  • •CME Group announced plans to offer 24/7 trading for new, smaller-sized crude oil and gold contracts.
Impact:
4/10
0HR2.L
4 months ago
CommoditiesBullishUpdated×2

US Rig Count Edges Higher as Oil Drilling Gains for Second Week

Key Facts

  • •U.S. energy firms reduced the number of operating oil and gas rigs for the first time in eight weeks, according to Baker Hughes.
Impact:
4/10
0RR8.L
4 months ago
CommoditiesBearishUpdated×2

Gold Enters Technical Bear Market as Analysts Eye Long-Term Bullish Shift

Key Facts

  • •Gold is on track for a 3% weekly decline with spot prices trading near $4,191 per ounce.
  • •Expectations for Fed rate hikes increased due to inflation risks driven by higher oil prices.
Impact:
4/10
GOLD
4 months ago