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Gold Price Drops 1.4% Below $4,270 as Bullion Sheds Nearly 5% Amid Middle East Tensions
The gold price is having one of its most disorienting stretches of 2026. Gold traded at $4,328.40 as of June 7, heading into Monday’s session with a forecast range of $4,376.0-4,509.74 for June 8. But the broader trajectory heading into the week is unmistakably lower. Gold set a record of nearly $5,600 per ounce in…
Tech Stocks (June 08) Rally: Nvidia +1% at 04:14 ET, Marvell & Micron Jump 4-7%, AMD & Intel Rise 1%
Semiconductor and tech stocks bounced back on June 8, 2026, as investors returned to some of the market’s biggest technology names. NVIDIA traded higher in early trading, while Marvell Technology and Micron posted even stronger gains, signaling renewed confidence in the AI-driven chip sector. The rebound came just days after a sharp market selloff that…
Microsoft Stock at $416.67 After 2.66% Drop as Appaloosa’s David Tepper Shifts Capital to AI Memory Stock Up 4,100%
Microsoft stock closed at $416.67 after falling 2.66%, putting investors on alert as market sentiment shifted across the technology sector. At the same time, billionaire hedge fund manager David Tepper made headlines by reducing his Microsoft position and directing capital toward a fast-growing AI memory stock that has surged more than 4,100%. The move highlights…
IFCI Shares Rally: IFCI Ltd Gains 14% and Touches 21-Month Peak at ₹76.66 INR in Weak Market
IFCI shares grabbed investor attention on June 3, 2026, after surging nearly 14% to a 21-month high of ₹76.66, even as the broader Indian market struggled. The sharp rally came alongside a massive jump in trading volumes, signaling strong buying interest. Much of the excitement is linked to growing expectations around the National Stock Exchange…
Hong Kong Banks Raise Fixed Deposit Rates to 2.88%, June 07
OCBC and Standard Chartered raise Hong Kong fixed deposit rates to 2.88% with cash rebates. Savers earn higher yields as banks compete for deposits.
Hong Kong Charity Drive Hits Milestone: Cathay Doubles Donations, June 07
Community Chest’s 21st matching campaign triples donations with Cathay Pacific and Li Ka-Shing Foundation support for emergency relief.
Marvell, Flex Join S&P 500 on June 22, 2026
Marvell Technology and Flex Ltd. join S&P 500 on June 22, 2026. Pool Corp and Campbell Soup exit. Quarterly rebalance reflects market changes.
Iran Demands $24B in Frozen Assets for Peace Deal, June 06
Iran demands $24 billion in frozen assets for US peace deal. Military tensions escalate as talks remain deadlocked between nations.
PayPay Stock Falls 10.6% on T&D Insurance Acquisition Deal, June 06
PayPay acquires 70.2% stake in T&D Financial Life Insurance, expanding into life insurance with SoftBank’s AI technology backing.