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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.
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.
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.
Dogecoin USD Plunges 7.97% Daily as Memecoin Selloff Intensifies
Dogecoin USD drops 7.97% daily to $0.0812 amid broader memecoin selloff as Bitcoin approaches $60,000.
FSA Orders Recall of Inarah’s Frozen Foods Over Safety Concerns, June 06
FSA recalls all frozen products from Inarah’s, Inarah’s Fine Foods, and New York Crispy brands due to food safety concerns.
Forfaits Québec Debt Crisis: Influencers Distance Themselves, June 05
Forfaits Québec faces mounting debt as influencers including Maripier Morin distance themselves, raising financial stability concerns.
AEON Mall Opens 4,400 Parking Spaces to Public, June 06
AEON Mall opens 4,400 parking spaces to public from August 2026 to ease Shinkansen station congestion in Takaoka. First such partnership in Japan.
Ex-CityNews Reporter Sues Rogers for $650K Over Wrongful Dismissal, June 05
Ex-CityNews reporter Tina Yazdani sues Rogers for $650,000 over wrongful dismissal and alleged retaliation for confrontational political reporting.