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Marvell and Flex Join S&P 500 on June 22, Signaling Tech Shift
Marvell Technology and Flex join S&P 500 on June 22, replacing Pool Corp and Campbell’s. AI infrastructure demand drives semiconductor gains.
Solana USD Plunges 7.15% Daily: SOLUSD Tests $62 Support
Solana USD drops 7.15% daily to $62.03. Technical analysis shows oversold RSI at 20, strong ADX trend, and key support at $66.79.
McDonald’s Tests AI Drive-Thru System ArchIQ at Five Locations, June 06
McDonald’s tests ArchIQ AI drive-thru system at five US locations with 90% order completion rate and 2.6% stock gain.
Uttar Pradesh Demolishes Illegal Mosque Structures on Government Land, June 06
Uttar Pradesh demolishes illegal mosque structures on government land in Moradabad and Sambhal following court orders and land surveys.
Australia’s Capital Gains Tax Overhaul: What the 2026 Budget Means, June 06
Australia’s 2026 Budget replaces the 50% CGT discount with inflation indexation and introduces a 30% minimum tax from July 2027.
Bitcoin Crashes 4.1% to $60,968 as Fed Rate Hike Bets Surge
Bitcoin drops 4.1% to $60,968 USD after strong US jobs report fuels Fed rate hike expectations and capital rotation to gold and AI stocks.
Hegseth Calls for 3.5% Defense Spending, China Skips Dialogue, June 06
Hegseth urges Asian allies to increase defense spending to 3.5% of GDP at Shangri-La Dialogue amid China’s absence.
Singapore Bans 9 Foreign Drivers After Queue-Cutting at Woodlands Checkpoint, June 06
ICA bans 9 foreign drivers from Singapore for traffic violations at Woodlands Checkpoint during Vesak Day weekend.
RBI Gold Reserves Controversy: What the Data Really Shows, June 06
RBI gold reserves: Governor denies May 2026 sales, but analysis shows 14-15 tonne reduction. Valuation changes versus physical holdings explained.