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Kakinada Revenue Officer Faces ACB Raids Over ₹4 Crore in Hidden Assets, June 06
ACB raids Kakinada revenue officer’s homes, seizing ₹4 crore in luxury assets. Disproportionate assets case filed June 4, 2026.
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.
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.
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.
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.
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.
S&P/TSX Index Today: 35,217.06 Level (+1.19%) as Futures Edge Down 0.2% Ahead of Payrolls Report
The S&P/TSX Composite Index closed at 35,217.06, posting a strong gain of 1.19% as investors continued to show confidence in Canadian equities. The benchmark index benefited from strength in energy, financial, and mining stocks, helping the market reach fresh highs despite uncertainty surrounding upcoming economic data. However, market sentiment turned slightly cautious before the release…
Gold Prices Head for Weekly Loss as Spot Gold Falls 0.2% to $4,465 Ahead of U.S. Payrolls
Gold prices moved lower on June 5, 2026, as investors waited for the latest U.S. nonfarm payrolls report for clues on future Federal Reserve interest rate decisions. Spot gold slipped 0.2%, extending weekly losses after a strong rally earlier this year. Rising Treasury yields and cautious market sentiment also pressured bullion prices. Traders across global…
AMD Stock Surges in Focus After 12,941% Gain Since 2016 – But 204x P/E Raises Risk
Advanced Micro Devices (AMD) has been one of the stock market’s biggest success stories, delivering a staggering 12,941% gain since 2016. The chipmaker transformed itself from a struggling semiconductor company into a major player in artificial intelligence and data centers. As of June 2026, investors remain bullish on AMD’s growth potential, but its lofty valuation…