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Nasdaq Falls 4.2% on Chip Selloff, Worst Day Since April 2025
Nasdaq falls 4.2% to 25,709 as chip stocks plunge on strong jobs data and rate hike fears. Broadcom and Micron lead declines.
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.
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.
Meghan Markle Shares Lilibet Birthday Photos, Shifts Social Media Strategy, June 05
Meghan Markle shares Princess Lilibet’s fifth birthday photos on Instagram, calling her daughter their “dream girl.”
HSBC Faces French Charges Over Lebanon Bank Scandal, June 06
HSBC faces preliminary charges from French prosecutors over assisting Lebanese central bank governor Riad Salameh in alleged fund misappropriation.
Meta Stock Falls 6.6% on Potential Equity Raise for AI, June 05
Meta stock falls 6.6% after FT reports company considering tens of billions in equity raise to fund AI infrastructure and data centers.
Facebook Settlement Sends $725M in Bonus Checks, June 05
Facebook settlement distributes second-round bonus payments to 15.7 million users starting June 9, averaging $4.72 from leftover funds.
Jeremy Clarkson’s Pub Loses Money Despite Full Bookings, June 05
Jeremy Clarkson’s Farmer’s Dog pub lost £8,486 in first four months despite full bookings, with £47,000 monthly parking fees straining profitability.