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Nasdaq Falls 4.2% on Chip Selloff, Worst Day Since April 2025
Nasdaq falls 4.2% to 25,709 as chip stocks plunge on strong jobs data and rate hike fears. Broadcom and Micron lead declines.
Rheinmetall Dividend Yield Hits 11.5% as German Defense Stock Soars
Rheinmetall AG offers 11.5% forward dividend yield. German defense stock with strong earnings and high payout attracts dividend investors.
American Express Falls 0.6% as Credit Stress Concerns Weigh, June 06
AXP stock fell 0.6% to $310.66 as Q1 delinquency rates hit 13.1%, offsetting strong earnings beat and revenue growth.
Japan Health Insurance Law Overhauls Pregnancy Support, June 06
Japan’s Health Insurance Law reform eliminates standard childbirth costs and adjusts OTC drug coverage, reshaping patient and state risk-sharing.
Tax Filing Deadline June 8 for Storm-Affected Taxpayers
Mississippi and Tennessee taxpayers affected by Winter Storm Fern have until June 8 to file taxes following IRS disaster extension.
Economic Calendar Heats Up: CPI, Jobs Data Drive Markets June 06
Forex Factory tracks US CPI, jobs report, and global inflation data this week. Key economic releases drive currency market volatility.
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.
Meghan Markle Shares Lilibet Birthday Photos, Shifts Social Media Strategy, June 05
Meghan Markle shares Princess Lilibet’s fifth birthday photos on Instagram, calling her daughter their “dream girl.”
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.