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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.
Jamaica’s Island-Wide Blackout Exposes Grid Weakness, June 07
Jamaica’s electrical grid failed Friday night, affecting 2.8 million people. Lightning triggered a cascading failure under investigation.
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.
Elon Musk Set to Become First Trillionaire on June 12, 2026
Elon Musk projected to become first trillionaire when SpaceX IPO reaches $1.77 trillion valuation, combining Tesla and SpaceX holdings.
Raspberry Pi Surges 27.6% on AI Demand, Profit Upgrade, June 07
Raspberry Pi stock surges 27.6% on upgraded profit guidance to £28.2 million for H1 2026, driven by AI demand and industrial adoption.
Micron Stock Plunges 13% as AI Spending Concerns Mount, June 07
Micron stock fell 13% on June 6 amid AI spending concerns. Memory chip maker faces valuation questions despite strong guidance.
QQQM Falls 4.8% as Growth ETF Faces Selling Pressure, June 06
QQQM drops 4.8% to $290.35 as growth ETFs face selling. VGT and VUG also decline. Meyka rates QQQM a B with $256.27 yearly target.
Strategy Stock Crashes 7% as Bitcoin Sale Triggers Investor Panic, June 06
Strategy stock fell 7% Friday after Bitcoin holder sold 32 coins for first time since 2022, breaking buy-only stance.
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.