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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.
UK Warns Russia Could Attack NATO by 2030, Delays Defense Plan
UK PM warns Russia could attack NATO by 2030. Military chief calls it the most dangerous period since Cold War.
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.
Saudi Arabia Opens New Red Sea Shipping Route to India, June 06
Saudi Arabia launches SRS shipping service from Jeddah to India’s Mundra Port with 2,144 TEU capacity, supporting Red Sea trade growth.
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.
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.