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China Deploys Electronic Warfare Against Dutch Navy Ship, June 07
Chinese military deployed electronic jamming against Dutch Navy frigate near Paracel Islands, marking escalation in electronic warfare.
Australia’s $150B Data Centre Boom Saves Economy, June 07
Australia’s $150 billion data centre boom drives economic growth with 160+ facilities operating and 90 planned, raising energy and water concerns.
Chip Index Crashes 10.3% on Broadcom Shock, June 07
Philadelphia Semiconductor Index crashes 10.3%, worst day since 2020. Broadcom earnings miss triggers $1.3 trillion chip stock selloff.
BlackBerry Stock Falls 9% as CFO Reaffirms AI Strategy, June 07
BlackBerry stock falls 9% to $9.41 as CFO reaffirms AI vision. Year-to-date gain of 148% raises valuation concerns amid QNX growth momentum.
Hydro-Quebec Net Income Falls 10% as Reservoir Hits 21-Year Low
Hydro-Quebec’s Q1 net income drops 10% to CAD 1.8 billion as Caniapiscau reservoir hits 21-year low at 24% capacity due to drought.
VIX Spikes 40% as Chip Stocks Crash $1.3 Trillion, June 07
VIX surges 40% as semiconductor stocks plunge $1.3 trillion amid Fed rate hike concerns and weak tech guidance.
Bitcoin Crashes to $62,190 on ETF Outflows, Strategy Selling, June 07
Bitcoin dropped to $62,190 on June 07 due to $3B ETF outflows, Strategy’s first BTC sale since 2022, and Mt. Gox transfer activity.
S&P 500 Falls 2.6% on Tech Sell-Off, Jobs Data Spark Rate Hike Bets, June 07
S&P 500 plunges 2.6% on tech sell-off and strong jobs report. Nasdaq falls 4.2%. Micron drops 13%. Fed rate hike odds rise above 60% by year-end.
ETHUSD Ethereum USD Drops 11.04% Daily: Tests $1,687 Support
Ethereum USD drops 11.04% daily to $1,613.60. Technical analysis shows oversold RSI at 15.4 and strong downtrend with ADX 35.33.