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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.
France Faces Judicial Crisis After 11-Year-Old Lyhanna’s Death, June 06
France investigates judicial failures after 11-year-old Lyhanna’s death. Suspect had prior rape allegations that were dropped or stalled for years.
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.”
Alberta Separatism Support Drops to 19% Ahead of October Referendum
Alberta separatism support drops to 19% in Ipsos poll. Premier Smith warns of law enforcement over October referendum.
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.