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Nasdaq Crashes 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks crashed and Treasury yields rose, triggering a broad market selloff.
ANZ, Macquarie Cut Fixed Rates as Big Four Diverge, June 06
ANZ and Macquarie cut fixed rates by up to 0.45% while Westpac and NAB hike, reflecting conflicting RBA forecasts among Australia’s major banks.
Micron Stock Crashes 13% as Broadcom Shocks Chip Market, June 06
Micron stock fell 13% after Broadcom missed AI revenue guidance, erasing $94B in market cap amid semiconductor sector concerns.
Ethereum Crashes to $1,589, Hits Oversold Levels on June 05
Ethereum crashes to $1,589 USD, down 13% in one month. RSI shows oversold conditions. Key support levels at $1,600 and $1,500. Meyka rates ETH a C+.
Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops below $61,500 amid Strategy’s BTC sale and hedge fund outflows triggering $635B in liquidations. Meyka rates BTC C+.
ANZ, Macquarie Cut Fixed Rates as Big Four Diverge, June 06
ANZ and Macquarie cut fixed rates by up to 0.45% while Westpac and NAB hiked. Only 2 lenders now offer rates below 6%.
MSTR Stock Crashes 13% as Bitcoin Sale Breaks “Never Sell” Promise, June 05
MSTR stock falls 13% after Strategy Inc sells 32 Bitcoin for first time in years, breaking its “never sell” pledge.
Shell Repurchases 1.22M Shares at £32.14 Average Price, June 05
Shell repurchased 1.22M shares at £32.14 average price on June 4, 2026, under buyback programme through July 24.
S&P/TSX Index Today: 35,217.06 Level (+1.19%) as Futures Edge Down 0.2% Ahead of Payrolls Report
The S&P/TSX Composite Index closed at 35,217.06, posting a strong gain of 1.19% as investors continued to show confidence in Canadian equities. The benchmark index benefited from strength in energy, financial, and mining stocks, helping the market reach fresh highs despite uncertainty surrounding upcoming economic data. However, market sentiment turned slightly cautious before the release…