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Commodities

Gold Prices Dip as US May PPI Exceeds Expectations

Gold prices dipped as the U.S. Producer Price Index (PPI) rose 1.1% in May, exceeding economist expectations of a 0.7% increase. U.S. wholesale prices posted their largest back-to-back increases since 2022, pushing the annual PPI to 6.5%. This annual figure surpassed the 6.4% growth forecasted by experts, highlighting stronger-than-anticipated inflationary trends in the production sector.

16 articles7 stories

GBPUSDBTC

Forex

USD/JPY Eyes Upside as Fed and BoJ Policy Divergence Persists

The USD/JPY pair is targeting a cycle high of 162.00 as policy divergence between the Fed and the BoJ persists. While markets anticipate a 'dovish hike' from the Bank of Japan, the Federal Reserve is expected to maintain steady rates while adjusting forward guidance to combat inflation. Geopolitical tensions and energy prices continue to support the US dollar, though sustained high interest rates may challenge the AI-driven market growth narrative.

39 articles6 stories

USDJPY

Oracle Stock Plunges 10% Despite Q4 Earnings and Revenue Beat

Oracle shares plunged over 10% despite beating fiscal fourth-quarter earnings estimates with $2.11 per share. While the company reported $67 billion in infrastructure contracts and a massive $630 billion backlog driven by AI demand, investors reacted negatively to high capital expenditure levels. Management forecasted a 34% revenue jump for fiscal year 2027, yet analysts expressed concerns regarding the sustainability of Oracle's spending and its reliance on debt funding to support its AI build-out.

17 articles5 stories

ORCL

Commodities

Gold Prices Under Pressure as Fed Rate Hike Bets and Dollar Strength Intensify

Gold prices faced ongoing declines driven by rising bond yields and a stronger US dollar as traders revived bets on Federal Reserve interest rate hikes. OCBC noted that the gold uptrend is delayed as markets reprice expectations toward a more hawkish monetary policy. Expectations for a Fed rate hike have climbed above 70%, maintaining significant downward pressure on gold prices.

3 articles3 stories

XAUXAU/USD

Commodities

Silver Prices Slide Toward $68 as Fed Rate Hike Bets Intensify

Silver prices (XAG/USD) declined toward $68.00 on June 11 as market expectations for Federal Reserve interest rate hikes intensified. Trading remained cautious around this level while investors awaited US Consumer Price Index (CPI) data. By June 12, prices slipped further toward $67.00 amid escalating geopolitical tensions in the Middle East.

14 articles5 stories

XAGUSDXAG/USD

Silver Lake Divests Large Blocks of Dell Stock in Multi-Month Selling Spree

Silver Lake entities executed significant disposals of Dell Technologies Class C shares through open market transactions between March and June 2026, with prices ranging from approximately $390 to $421 per share. Recent filings show a sale of over 70,000 shares on June 10 totaling more than $27 million, though Silver Lake maintains a substantial indirect holding of over 45.5 million Class B shares. Additionally, Dell Technologies announced a $3 billion bond offering following these divestments.

11 articles3 stories

DELL

BlackRock’s IBIT Leads Record Outflows from Bitcoin ETFs as Institutional Interest Cools

U.S. spot Bitcoin ETFs are facing a significant cooling in institutional interest, with BlackRock's IBIT leading the recent outflows. Concurrently, BlackRock is preparing to debut BITA, a new ETF designed to generate yield from Bitcoin exposure through options-based strategies. These developments highlight a shifting landscape in institutional investment approaches to digital assets.

11 articles2 stories

0QZZ.LBTC

Wall Street Eyes McGraw Hill Q4 Results as Analysts Forecast Revenue Growth

McGraw Hill exceeded Q4 estimates after reporting earnings of 17 cents per share and revenue of $439.75 million. Despite the beat, shares fell due to soft forward guidance and volatility in the K-12 market. During the earnings call, the company highlighted its FY27 growth strategy focused on AI tools, while BTIG maintained a Buy rating but lowered the price target to $19.

4 articles3 stories

MH

KKR Launches $10bn Helix Digital Infrastructure Platform for AI Growth

KKR launched Helix Digital Infrastructure with over $10 billion in backing to accelerate AI data center development, led by the former chief of AWS. The platform serves as a coordination point for hyperscalers' data centers, power, and connectivity needs, involving major partners like Nvidia and Vistra. Additionally, KKR announced a $1.4 billion equity commitment to expand its global portfolio of leased commercial aircraft.

10 articles4 stories

KKRNVDA+1

Oklo Acquires ARMEC to Strengthen Advanced Nuclear Supply Chain

Oklo Inc has acquired ARMEC, a firm specializing in high-precision machining, to strengthen its advanced nuclear supply chain. This acquisition follows Oklo's selection for a pilot program aiming to launch at least three test reactors by July. The move aligns with a broader industry trend where public nuclear energy companies are acquiring private firms to secure supply chains and control deployment timelines.

5 articles3 stories

OKLO

Ethereum Price Breaks $1,800 Support as MVRV Ratio Signals Further Downside

Ethereum (ETH) price plunged below the critical $1,800 support level amid mounting sell pressure, as the MVRV ratio touched depths not seen since the April 2025 bottom. Warnings have emerged of a potential further slide to $1,400 due to macroeconomic headwinds. Despite the downward pressure, Ethereum open interest on Binance reached a new all-time high of 3.7 million ETH, with futures traders increasing leveraged long positions.

10 articles2 stories

ETHBTC

Terreno Realty Expands San Francisco Portfolio with $25.9M Industrial Acquisition

Terreno Realty expanded its industrial real estate portfolio through strategic acquisitions in June. On June 11, the company acquired a property in the San Francisco Bay Area for $25.9 million, which is fully leased through 2031. This was followed by the $77.1 million acquisition of a 305,000-square-foot industrial property in Landover, Maryland, on June 18.

4 articles3 stories

TRNO

Central Banks

BoJ Governor Ueda Hospitalized; to Miss Crucial June Policy Meeting

Bank of Japan Governor Kazuo Ueda was hospitalized for a liver cyst, missing the June 15-16 policy meeting where deputies presided over proceedings. The central bank was widely expected to hike interest rates to a 31-year high to counter yen weakness and inflation. Amidst this potential tightening affecting crypto markets, reports emerged of a peace deal between the US and Iran, potentially shifting geopolitical market dynamics.

8 articles3 stories

JPYBTC+1

Leverage Shares to Launch First 2X Long and Short SpaceX ETFs on NYSE

Leverage Shares announced the launch of the first 2X Long and 2X Short SpaceX ETFs following the company's IPO to meet retail demand. The new funds, trading under tickers SPCH and SSPC, are scheduled to debut on June 15, 2026, with a 0.75% management fee. Additionally, Tradr ETFs launched SPCM and SPCG, providing 200% leveraged long and short exposure to SpaceX stock.

7 articles3 stories

SPCHSSPC+2

Oracle Beats Q4 Estimates as AI Demand Fuels Cloud Infrastructure Growth

Oracle reported strong fiscal fourth-quarter 2026 results, with earnings per share of $2.11 beating the consensus estimate of $1.96. The company's revenue exceeded Wall Street expectations, driven by robust demand for cloud infrastructure and AI services. These results were released alongside financial disclosures from Stitch Fix and Oxford Industries for their respective fiscal periods.

29 articles4 stories

ORCL

Devon Energy Shares Rise on Strong 2026 Guidance and Evercore Upgrade

Devon Energy shares rose following the announcement of robust 2026 production guidance, targeting an average of 1.38 million barrels of oil equivalent per day, including 500,000 barrels of oil. In response to the updated outlook and successful merger integration, Evercore upgraded the stock, while Morgan Stanley and BMO Capital reiterated positive ratings with price targets up to $66. Analysts highlighted the company's synergy progress and AI initiatives as key drivers for the sustained growth outlook.

10 articles5 stories

DVNCTRA+3

Super Micro Shares Plunge 20% on $7 Billion Equity Raise Plan

Super Micro Computer shares initially plunged over 20% following the announcement of a $7 billion equity raise plan. The stock later rebounded after the company secured the financing, which is intended to convert strong AI server demand into realized sales. Supermicro plans to utilize the $7 billion to fund its operations and meet the surging global demand for AI servers.

11 articles6 stories

SMCI

Visa Partners with OpenAI to Enable AI-Driven Agentic Commerce Payments

Visa announced a strategic collaboration with OpenAI to enable secure payments within agentic commerce experiences. Simultaneously, DCodex launched DPay, a Visa-powered card for spending USDT crypto assets, reporting over 3,000 subscribers and $20 million in deployed capital. Additionally, Getty Images entered a multi-year agreement to integrate its licensed content into OpenAI's ChatGPT search and discovery features.

9 articles3 stories

VGETY

Casey's General Stores Reports Fourth Quarter Fiscal 2026 Results

Casey's General Stores released its fiscal 2026 fourth-quarter earnings report on June 10. On June 13, the company reported results for the period ended April 2026, focusing on operational metrics compared to Wall Street estimates. Additionally, Chewy released its first-quarter results on June 13, with performance evaluated against prior-year figures and analyst expectations.

15 articles3 stories

CASYCHWY

Amazon Secures $17.5 Billion Debt to Fuel AI Infrastructure Expansion

Amazon secured a $17.5 billion senior unsecured delayed draw term loan credit facility with Citibank and other lenders on June 13. This move follows the company raising over $80 billion in external financing so far this year. Additionally, Clearstead Trust LLC increased its stake in Amazon by 6.9% during the fourth quarter, bringing its total holdings to 67,182 shares.

9 articles5 stories

AMZN

Bitcoin Whales Withdraw 11,000 BTC from Exchanges as Price Stabilizes Near $60K

Bitcoin whales moved over 11,000 BTC off exchanges, signaling a potential reduction in selling pressure as the price stabilized near $60,000. This followed a period of market volatility earlier in June. Additionally, a dormant Bitcoin address inactive for seven years became active, moving 2,373 BTC worth approximately $156 million.

10 articles2 stories

BTC

Mixed US Retail Signals as Chewy and J.Jill Report Q1 Earnings

US retail earnings reports for Q1 showed positive mixed signals on June 10. Chewy met estimates with $0.43 earnings per share and a 7.7% increase in net sales, while J.Jill exceeded expectations with $0.45 per share. Additionally, Stitch Fix reported its fifth consecutive quarter of revenue growth, and Navan saw a 50% year-over-year increase in Gross Booking Volume.

14 articles2 stories

CHWYJILL+2