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Hong Kong Seizes 52.8M Illicit Cigarettes Worth $238M, June 06
Hong Kong Customs seizes 52.8 million illicit cigarettes worth $238 million in two large sea smuggling cases from May 19-28, 2026.
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.
ANZ, Macquarie Cut Fixed Rates as Big Four Diverge, June 06
ANZ and Macquarie cut fixed rates by up to 0.45% while Westpac and NAB hike, reflecting conflicting RBA forecasts among Australia’s major banks.
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.
XRP Falls 5% to $1.11 as Adoption Stalls, June 06
XRP drops 5% to $1.11 amid oversold conditions, down 70% from $3.66 peak despite Ripple’s bank adoption efforts.
Dow Hits Record 51,562 as Investors Flee AI Chips, June 06
Dow Jones hits record 51,562 as Broadcom’s AI guidance miss sparks rotation from tech into financials and healthcare.
Micron Stock Crashes 13% as Broadcom Shocks Chip Market, June 06
Micron stock fell 13% after Broadcom missed AI revenue guidance, erasing $94B in market cap amid semiconductor sector concerns.
Japan Stocks Fall on US Chip Weakness, Broadcom Shock Spreads, June 06
Broadcom’s weak earnings triggered a semiconductor selloff in Japan. Nikkei 225 fell 882 points as AI and chip stocks declined across Asia.