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DOJ Expands SPLC Case Over Alleged KKK Payments, June 06
DOJ expands criminal case against SPLC, alleging $4 million in donor funds went to KKK members and seeking sanctions.
HSBC Stock Falls 3.1% as Hong Kong Shares Weaken, June 06
HSBC stock fell 3.1% to HK$141.80. The bank offers 10% deposit rates, with Meyka rating it B+ and targeting HK$169.38 in 12 months.
SpaceX Lands $30B Google AI Deal Before Record IPO, June 06
SpaceX secures $30 billion Google AI compute deal at $920 million monthly through June 2029, supporting record $1.8 trillion IPO.
Bitcoin Crashes to $60,922 as Worst Week Since 2022 Deepens
Bitcoin drops to $60,922 in worst week since 2022, down 14% weekly and 30% year-to-date as capital rotates to AI and IPOs.
Rheinmetall Dividend Yield Hits 11.5% as German Defense Stock Soars
Rheinmetall AG offers 11.5% forward dividend yield. German defense stock with strong earnings and high payout attracts dividend investors.
USD/JPY Hits 160 as BoJ Rate Hike Odds Rise, June 06
USD/JPY nears 160 level amid BoJ intervention risk. Strong US jobs data supports dollar as yen weakens and rate-hike odds surge.
American Express Falls 0.6% as Credit Stress Concerns Weigh, June 06
AXP stock fell 0.6% to $310.66 as Q1 delinquency rates hit 13.1%, offsetting strong earnings beat and revenue growth.
Actor James Handy Stabbed to Death in LA; Girlfriend’s Son Charged, June 06
Actor James Handy, known for Jumanji and Top Gun: Maverick, was fatally stabbed in Tarzana, California. Michael Gledhill, 44, charged with murder.
Japan Health Insurance Law Overhauls Pregnancy Support, June 06
Japan’s Health Insurance Law reform eliminates standard childbirth costs and adjusts OTC drug coverage, reshaping patient and state risk-sharing.