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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.
Economic Calendar Heats Up: CPI, Jobs Data Drive Markets June 06
Forex Factory tracks US CPI, jobs report, and global inflation data this week. Key economic releases drive currency market volatility.
Asahikawa Teen Murder Trial: Defendant Denies Killing Despite Apology, June 06
Uchida Riko apologizes but denies murder in Asahikawa teen death trial. Prosecutors argue bridge actions constitute murder; verdict pending.
Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops to $60,912, down 4.2% daily. MicroStrategy sale and AI rotation drive $62 billion loss in crypto treasury holdings.
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.